We are working with a prestigious international bank who specialise in BTL and commercial lending. They are currently seeking a Credit Analyst with 3 years of experience in the banking sector to join their team and carry out the following duties:
- Meet KPIs related to review of credit requests, reporting and other performance standards.
- Top products Handled - Buy to let, Commercial Real Estate and Commercial loans for SME
- Analyse client’s company’s financials and create projections to determine repayment ability and credit-worthiness.
- Revert to the RM with queries on the credit application within specified turnaround time.
- Reviewing existing client exposures, active monitoring of large exposures and exposures to specific products keeping abreast of key news items pertaining to clients especially large and critical clients
- Presenting credit facility requests along with a detailed analysis, identifying key risk issues and researching a reasoned conclusion along with recommendations to bank’s credit committee for decision.
- Reviewing credit policies, strategies and procedures and updating them in line with Group requirements, industry trends, regulatory requirements, and improved risk management & risk mitigation Preparing detailed analysis on the client’s business performance, client’s operating sector, ability to repay & profitability for the bank. Ensure all major queries are resolved prior to the case being submitted to the Head of Credit Approval.
- Highlighting any errors to the credit process chain.
- Documentation of proposal related information to be in conformity with requirements as set out internally.
- Check monthly/quarterly portfolio review reports.
- Maintain electronic filing of all credit requests and organising each request accordingly.
- Undertake projects and assignments from time to time as directed by the Head of Credit Approval.
- Liaison with Credit Administration, ACPM, Finance, Compliance; Audit for processes relating to Credit Approval function.
- Qualifying loan applicants based on eligibility and credit policy to determine the most appropriate loan product for the client’s credit requirement and present to relevant committees for approvals.
- Acting as secretary to Credit Committees and Policy meetings
Key Requirements
- Minimum of 3 years in a Credit Analyst role at a bank.
- Sound understanding of the UK market for SME lending & Trade Finance.
- High level of understanding of financial statements.
- Sound understanding of Risks and Mitigants for On-Balance sheet and Off-Balance Sheet credit facilities.
- Understanding of BASEL and PRA & FCA Risk Guidelines, Calculations and Policy Adherence.
- Proficiency in the use of Excel, spread-sheets, database tools.