At a Glance
- Tasks: Analyse risk exposures and support lending decisions while collaborating with various teams.
- Company: The Access Bank UK Ltd is a prestigious bank known for its commitment to employee development and excellence.
- Benefits: Enjoy flexible benefits, 25+ days holiday, and a performance-related bonus.
- Other info: This entry-level role offers a chance to make a real impact in a supportive environment.
- Why this job: Join a dynamic team focused on compliance and customer satisfaction, with great career growth potential.
- Qualifications: Ideal candidates have credit risk experience, strong analytical skills, and a passion for teamwork.
The predicted salary is between 28800 - 48000 £ per year.
The Access Bank UK Ltd is the first Bank in London to be awarded Platinum status by Investors in People (IIP) in 2020, demonstrating our commitment to high performance through good people management and strong company culture.
Why work in Credit Risk? The Bank's overarching policy is to manage compliance proactively and to ensure that as far as the Bank, its customers and its employees operate within all legal and regulatory requirements and that the regulator is satisfied with the Bank's compliance systems and controls. Credit Risk is vital for the Bank as it helps to identify, monitor, assess, and mitigate risk. This is an excellent opportunity for any individual that is looking for a challenging and varied position which if achieved successfully could bring fantastic career prospects.
As a Credit Risk Officer, you will need to work under your own initiative and across a variety of different business areas while delivering excellence as part of a multi-functional team and maintaining exceptional levels of quality, professionalism and at all times remaining focused on total customer satisfaction.
The role involves a wide variety of activities across the Risk team but will include:
- Analysis of risk exposures
- Recommending lending decisions
- Policy and procedural development
- Providing advice and support on Risk issues to colleagues across all the key business areas of the Bank
- Undertaking detailed financial and income analysis as part of the review of new property applications
- Daily monitoring of property loans
- Liaising and building relations with outside suppliers, for example valuers and solicitors
- Creating reports and returns which may involve detailed research and analysis from within and outside the unit
- Carrying out specific tasks within set terms of reference and defined processes
- Assisting the Deputy Head of Credit Risk and the Senior Credit Risk Analyst as and when required on specific activities and projects
- Working with each department and the various business units to provide support, advice and guidance
- Carrying out Credit Risk process enhancements, reviewing procedures and identifying improvements to meet customers' changing needs/business requirements
- Ensuring all Credit Risk principles, policies and procedures are clearly defined and regulatory developments are proactively communicated
- Building effective relationships with the various business units
Person/Experience required:
- Experience within a credit risk role position, ideally from a Finance services aspect
- Experience in working as part of a multi-disciplined team across business units
- Problem solving and excellent analytical skills are essential
- Resilient individual who is calm under pressure
- Able to meet deadlines and organise workload according to changing priorities
- Ability to undertake a variety of analysis and maintain accuracy and quality
- Good attention to detail, adaptability, a keenness to learn
- Good team player, capable of working in a fast-paced pressured environment
- Ability to build professional relationships effectively, both in the immediate team and wider business
- Proficient in Microsoft Excel, Outlook and Word
Why work with The Access Bank UK Ltd?
At The Access Bank UK, we are committed to helping our employees reach their full potential through providing continuous learning opportunities, and the tools and training to help them grow. We encourage a sense of individual ownership whilst fostering team spirit and are firmly committed to the diversity of our workforce. We are proud to have achieved the Investors in People Platinum accreditation, which is recognised across the world as a mark of excellence.
We are guided by our Core Values:
- Passion for Customers
- Professionalism
- Empowered Employees
- Leadership
As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs:
- Eligible for a discretionary performance-related annual bonus
- 25 days’ holiday plus bank holidays, which increases to 27 days after 2 years service, and 29 days after 5 years
- Company funded Employee Assistance Programme
- Benefits supporting you and your family, such as death-in-service benefit
As an equal opportunities employer, The Access Bank UK Ltd is committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.
Credit Risk Officer employer: The Access Bank UK Ltd
The Access Bank UK Ltd is an exceptional employer, recognised for its commitment to employee development and a strong company culture, having achieved Platinum status from Investors in People. With a focus on continuous learning, competitive benefits, and a supportive work environment, employees are empowered to take ownership of their roles while fostering teamwork. Located in the vibrant city of London, this role as a Credit Risk Officer offers not only career growth opportunities but also the chance to contribute to a leading financial institution dedicated to excellence and customer satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Officer
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like The Access Bank UK Ltd. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from The Access Bank UK Ltd.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like The Access Bank UK Ltd. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Credit Risk Officer
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in The Access Bank UK Ltd and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show The Access Bank UK Ltd how you can be a team player!
How to prepare for a job interview at The Access Bank UK Ltd
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with The Access Bank UK Ltd.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with The Access Bank UK Ltd's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
