At a Glance
- Tasks: Analyse credit risks for NBFIs and provide clear recommendations to the Credit Committee.
- Company: Join a global bank located in the vibrant City of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for career growth and industry insights.
- Why this job: Make a real impact by minimising credit-related losses and shaping financial decisions.
- Qualifications: 8-10 years experience in credit review with strong analytical skills.
The predicted salary is between 43200 - 72000 £ per year.
Our Client, a global bank is looking to hire a Senior Credit Analyst with at least 8 years experience of analysing NBFIs in the UK. This position will be based in the City of London.
Responsibilities
- Minimise the Bank’s credit-related losses by identifying and reasonably measuring the credit risks and mitigants in proposals, reviews, etc.
- Make clear and unambiguous recommendations to Credit Committee, in accordance with the Bank’s credit policies, regarding the acceptability of particular business deals from a credit perspective while maintaining an independent and objective view within the credit process.
- Effectively monitor, identifying and reasonably measuring credit risk within the Bank’s asset portfolio.
- Provide credit evaluation reports for various credit products which provide overview of transactions, financial and non-financial risk analysis, key risks identified with the associated mitigants if any as well as credit recommendation (including suggested credit enhancements as well as management conditions).
- Assist with the implementation of credit risk appetite, credit policies and procedures and management processes once they are established.
- Ensure the credit transactions are compliant with credit policies.
- This position mainly focuses on NBFI business and may also cover some other sector’s credit business based on the types of proposals from front office.
- Provide effective challenges as well as guidance to the proposals from Front Office.
- Draft and present credit opinions to Credit Committee, by maintaining an objective and independent view within the credit process, in accordance with the Bank’s credit policies.
- Achieve timely turnaround of credit proposals and reviews, in accordance with pre-agreed Departmental objectives.
- Provide Head of CRD and DGM (credit) as well as credit committee with professional risk analysis and appropriate risk mitigation measures in a timely manner.
- Conduct post-lending management work including but not limited to: monitor the credit ceilings and credit exposures to ensure loan performance with covenants well maintained; monitor the financial performance of the borrower regularly in relation to market and industry dynamics; monitor subsequent conditions and ensure all conditions are met at any time through the loan life.
- Perform credit review and research of industry / customer-related information for all new proposals and (on at least an annual basis) for existing customers.
- Proactively monitor industry and sector trends as well as counterparty risks for early warning signals.
- Other functions and tasks as may be required to assist the Head/Deputy Head of Credit Risk.
Skills Required
- Possesses a minimum of 8-10 years work experience in credit review area in NBFI area.
- In-depth knowledge and deep understanding of risks and mitigations across different industries, countries and clients’ type.
- Business and economy related know-how, and excellent financial analysis, projection and stress test skills.
- Exceptional analytical and negotiation skills and dedicated problem solver with a positive personality and can-do attitude.
- Collaborative personality and ability to complete tasks independently.
Note: Unfortunately, due to the high volume of applications, we are unable to respond to all candidates. If you are successful, a member of the team will contact you directly. If you do not hear from us, please assume that your application has been unsuccessful.
Senior Credit Analyst, NBFI employer: Wintermann Search
As a leading global bank located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Senior Credit Analyst role offers competitive benefits, opportunities for professional advancement, and the chance to work alongside industry experts in a collaborative environment, making it an ideal place for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Analyst, NBFI
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work with NBFIs. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your credit analysis skills. Be ready to discuss specific cases where you identified risks and how you mitigated them. Show us your analytical prowess and problem-solving attitude!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Use our website to find roles that match your experience in NBFIs and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Senior Credit Analyst, NBFI
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Credit Analyst role. Highlight your experience with NBFIs and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Be sure to mention your analytical skills and experience in credit risk management, as these are key for us.
Showcase Your Achievements:When detailing your work experience, focus on your achievements rather than just responsibilities. Quantify your successes where possible, like how you minimised credit losses or improved processes. We love numbers!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Wintermann Search
✨Know Your NBFI Inside Out
Make sure you brush up on your knowledge of Non-Bank Financial Institutions (NBFIs) and their specific risks. Be prepared to discuss recent trends in the sector and how they might impact credit analysis. This shows that you're not just experienced, but also current and engaged with the industry.
✨Prepare Clear Recommendations
Since the role involves making recommendations to the Credit Committee, practice articulating your thought process clearly. Use examples from your past experience where you successfully identified risks and proposed mitigants. This will demonstrate your analytical skills and ability to communicate effectively.
✨Showcase Your Analytical Skills
Be ready to dive deep into financial analysis during the interview. Prepare to discuss your approach to stress testing and financial projections. Bring along examples of reports you've created or analyses you've conducted to illustrate your expertise.
✨Demonstrate a Collaborative Spirit
This role requires working closely with the Front Office and other teams. Highlight your collaborative experiences and how you've successfully navigated challenges in team settings. Showing that you can work independently while also being a team player will set you apart.
