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Credit Analyst

Isle of Man
Permanent
Our client seeks a Credit Analyst to join their team
Role Profile:  You will support Structured Finance Credit Team and wider Structured Finance Team in onboarding and monitoring its Structured Finance Portfolio by assessing and analysing key financial and credit Information to ensure it is within the Banks credit appetite.  Assess new Structured Finance Credit proposals and make recommendations based on financial and non-financial performance. The job holder will also assess key covenants (concentration, financial & customer loan performance) and make recommendations. Assess and monitor existing Structured Finance customers in-life, including monitoring of the key covenants, financial and non-financial, and overall performance covenants, review trends and be able to make recommendations.  Assisting UK direct lending, with underwriting broker introduced commercial loan, HP, and lease proposals where required.
 
Key Responsibilities
  • Evaluate a customers credit data and financial statements in order to determine the degree of risk involved in lending to them.
  • Preparing reports and assessments based upon the credit worthiness and risk of a counterparty
  • Evaluating financial status of customers by producing financial ratios
  • To analyse audited accounts, management information, forecast cashflow, budget planners and open banking data.
  • Assess loan book trends and make recommendations to improve the credit risks to the Bank based on the Bank's appetite and underlying strategy.
  • Monitor financial and non-financial covenants set for customers and provide information on any non-compliance to the Head of Structured Finance Credit, Head of Structured Finance or Head of Credit and Underwriting
  • To review and approve Structured Finance clients onboarding and drawdown requests.
  • To build and maintain flexible working relationships with internal and external stakeholders.
  • To assess and approve broker introduced credit proposals within your delegated authority and make credit recommendations to the Credit Committee where required.
  • Provide recommendations tied to analysis and assessment of credit risk.
  • Keep up to date with the Groups lending protocols.
  • Reconcile credit files and identify discrepancies and variances.
  • Promote the Groups culture and values.
  • Develop and prepare spreadsheets and models to support analysis of new and existing customers.
  • Understand and comply with internal policies to all credit related policies.
  • To adhere to service levels.
 
Key Skills & experience:
  • Experience in sanctioning credit facilities within banking or asset finance industries.
  • Have a finance and accounting degree level qualification or equivalent.
  • Ability to undertake detailed analysis of credit applications utilising financial statements, cashflow, credit reference agency searches, searches of company registries etc.
  • Understand the relevant UK & IOM Regulatory requirements relating to the provision of credit facilities in these jurisdictions.
    • Proven experience working in an analytical / credit role within the financial services industry.
    • Understand the relevant UK Regulatory requirements relating to the provision of credit facilities in these jurisdictions including KYC processes.
    • Impeccable understanding of financial statements, ratios, and concepts of lending.
    • Understanding of the relevant Regulatory requirements relating to the provision of credit facilities.
    • Excellent interpersonal and communication skills are essential as this role will involve influencing at all levels.
    • Good verbal and numerical skills
    • Ability to work under pressure and to tight deadlines.
    • Planning and organisational skills.
    • Excellent attention to detail and ability to notice discrepancies in data.
    • Highly numerate and proficient in MS Office.
    • Work produced to high standards
    • Professional detailed conscientious approach to work
    • Knowledge of Block Discounting, purchase/assignment of receivables and wider Structured Finance products.
Your specialist: Debbie Amankwa
Quote job ref: 15038

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.