At a Glance
- Tasks: Prepare loan applications and evaluate clients' financial information to help them secure loans.
- Company: Join a leading bank with a commitment to customer service and compliance.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on continuous improvement.
- Why this job: Make a real difference by helping clients achieve their financial goals.
- Qualifications: 2 years of credit experience and strong communication skills required.
The predicted salary is between 49500 - 60500 £ per year.
Credit Officer responsibilities include preparing loan applications, evaluating clients’ financial information, calculating risk ratios, maintaining client credit files and preparing loan documentation.
To be successful in this role, you should have a good understanding of lending procedures and customer service experience.
Ultimately, you will help our clients acquire loans in a timely manner, while ensuring the Bank comply with the regulations.
Responsibilities & Accountabilities
- Completes annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes fromthe credit approvers
- Draft loan documentation in accordance with approved terms
- Ensure effective collaboration between teams including Branch/Relationship managers and Risk Management.
- Able to demonstrate good knowledge of filing system and maintenance of client credit files
- Setting credit limits
- Drafting all customers loan documentation
- Liasing with solicitor and valuation firms
- Identify and implement opportunities for improved business operations, partnerships and client satisfaction.
- Responsible for all internal credit correspondence originated by their team, including transactions, the ongoing risk analysis of theborrower and the transaction, customer rating assessment and recommendation.
Work with internal partners to implement controls and meet monitoring conditions.
- Managing loan renewals by organizing follow-up meetings with clients and branches.
- Monitoring the progress of the loan application process and relaying any hindrances to clients
- Managing Credit MI and producing reports for management.
Experience/Skills/Knowledge
Candidate Profile/Required Qualifications
- Minimum of 2 years credit experience.
- Sound knowledge of general banking, relevant regulatory requirements, the Banking Act and Code of Practice.
- Sound credit judgement.
- A responsible, enthusiastic, self-motivated and flexible approach to work
- A demonstrable ability to work carefully and accurately at all times.
- Knowledge and understanding of relevant risk, compliance and audit standards.
- Advanced Excel skill, ideally VBA knowledge
- Good data analysis skills
- Excellent understanding of credit processes and procedures
- Excellent communication skills are essential as this role interfaces across service providers, clients, branches and other bankdepartments
Performance Measures
- Timely submission of internal & external reports.
- Timely completion of own and departmental work
- On track with targets in relation to completion rate for Credit Reviews and approvals.
- Adherence to procedures and regulations
- Contribution to the Bank’s objectives
- Contribution to continuous improvement
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Credit Officer, 6 month FTC employer: Wintermann Search
As an international bank, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee growth and development. Our Customer Service Associates benefit from comprehensive training, competitive remuneration, and a supportive culture that encourages collaboration and innovation. Located in a vibrant area, our branch offers unique opportunities to engage with diverse clientele while contributing to meaningful financial solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer, 6 month FTC
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Wintermann Search.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Wintermann Search might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Credit Officer, 6 month FTC
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Wintermann Search will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Wintermann Search. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Wintermann Search confidence in your short-term commitment to the role.
How to prepare for a job interview at Wintermann Search
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Wintermann Search.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Wintermann Search that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
