At a Glance
- Tasks: Join the SME Credit team to support sustainable growth and safeguard credit quality.
- Company: Dynamic bank focused on helping Britain prosper through responsible credit solutions.
- Benefits: Generous holiday, flexible working, health insurance, and discounts on various products.
- Other info: Fast-paced setting with excellent career growth opportunities and a focus on teamwork.
- Why this job: Make a real impact in the SME sector while developing your skills in a supportive environment.
- Qualifications: Strong background in credit risk and financial analysis; communication skills are key.
The predicted salary is between 70000 - 90000 £ per year.
- HOURS: Full time (35 hours per week)
- This is a fantastic opportunity to join the BCB Credit Underwriting team as a Credit Officer within the SME Credit team
- Our team is focused on supporting sustainable growth while safeguarding credit quality, and is at the vanguard of our Helping Britain Prosper purpose
- Our team partners closely with Coverage (Relationship Management) and Product colleagues to serve clients in the SME sector
- We deliver responsible credit risk solutions that enable customers – and our business – to grow securely
- We advocate robust credit processes, actively contribute to credit policy strategy, structure and sanction transactions, and monitor portfolio performance
- The SME Credit team focuses on sanctioning transactions for clients with revenues between £3m and £50m per annum
- This is a segment where we are investing significantly to support ambitious growth plans
- Apply your delegated credit authority to sanction SME transactions or provide recommendations to senior colleagues.
This includes new-to-bank lending, increased facilities, refinances, restructures, annual credit reviews and tailored product solutions
- The role will involve a focus on supporting the expansion of our Markets proposition for FX to existing and prospective SME Clients
- Collaboration and stakeholder management is critical for our success.
Key stakeholders include Area Directors, Relationship Managers and Product Partners.
- Client visits are a key part of the role
- Maintain strong credit quality across our portfolio, enabling safe and sustainable business growth
- Ensure compliance with bank and regulatory standards to minimise risk exposure
- Contribute to policy, sector and ad-hoc reviews, offering constructive challenge and insight to optimise outcomes
- Respond to executive and regulatory queries with clear, detailed analysis of credit risk within your portfolio
- We offer a supportive learning environment, prioritising teamwork and personal development.
You’ll work in a high-profile, fast-paced setting that champions innovation and simplification, aligned with our core Group values
Benefits
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave.
Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay.
Partners can have six weeks of fully paid paternity leave.
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague
Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping.
You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our ‘Your Tomorrow’ scheme.
You can decide how much you save and get a say in where your contributions are invested.
- Ability to quickly learn and adapt to new challenges
- A strong background in credit risk and financial analysis and, ideally, experience in Markets and specifically FX lending decisions
- Ability to balance conflicting demands whilst delivering to tight timescales
- Financial markets experience would be an advantage, but not essential
- Well-developed communication and influencing skills and are confident to challenge the status quo whilst being comfortable making and explaining your decisions
- Strong credit risk experience
- Demonstrate sound judgement, strong decision-making skills, good attention to detail and the ability to collaborate
- #J-18808-Ljbffr
Credit Officer (SME) employer: Lloyd's
Lloyd's is an exceptional employer that fosters a collaborative work culture, allowing you to lead complex programmes in a dynamic environment. With a strong focus on employee well-being and professional growth, we offer comprehensive benefits including healthcare, a generous pension, and opportunities for continuous development, all within the vibrant setting of Greater London.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer (SME)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyd's. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Officer (SME)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyd's.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyd's's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lloyd's
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyd's.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyd's will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyd's employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
