Average Credit Analyst salary in the UK

Do you have 6+ months London insurance market experience?My client, a well-established insurance company, is currently seeking an Operations Analyst to join their growing team. This presents an excellent opportunity to work alongside an established team that provides centralized support for the underwriting business.What you will actually do -Provide centralized support to the underwriting businessAssist in managing outsourcing contractsReview, monitor, and enhance processes and proceduresOffer technical assistance to internal teams and external partnersConduct training sessions on procedures and systemsPrepare operational, performance, and statistical reportsReview credit control and broker ledger service level agreements (SLAs)Perform quality control for risk captureVerify bank accounts and transactionsConduct quality control for event codingSupport month-end reportingAssist with general claims administrationWhat you will need -6+ months experience within the insurance industryAdvanced numeracy skillsPrevious experience in Operations or Administration (desirable)Keen attention to detailExcellent communication skillsWillingness to learn and growStudy support will be provided to complete the CII qualification (Chartered Insurance Institute)This role offers a competitive basic salary, along with extensive benefits, a discretionary bonus, and a hybrid working arrangement (2/3 days in the office per week).

It is essential to have a minimum of 8-10 years' work experience in a credit review in Non Bank Financial Institutions area. Sponsorship will not be available for this position, therefore 3+ years on visa eligibility to work in UK is essential.Our client is seeking a Senior Credit Analyst to join their Non Bank Financial Institutions team on a permanent basis.The successful candidate will be involved in minimising credit-related losses by identifying and reasonably measuring the credit risks and mitigants in proposals, reviews etc.,Responsibilities (but not limited to):Provide credit evaluation reports for various credit products which provides overview of transactions, financial and non-financial risk analysis, key risks identified with the associated mitigation if any as well as credit recommendation (including suggested credit enhancement as well as management conditions). Assisting with the implementation of credit risk appetite, credit policies and procedures and management processes once they are established. Make sure the credit transactions are compliant with credit policies.This position mainly focuses NBFI business and may also cover some other sector’s credit business.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 Client’s credit policies. Achieve timely turnaround of credit proposals and reviews, in accordance with pre-agreed Departmental objectives.Provide the professional risk analysis and appropriate risk mitigation measure in a timely manner.Conduct post lending management work including but not limited to:monitor the credit ceilings and credit exposures carefully to ensure loan performing well with all covenants well maintainedmonitor the financial performance of the borrower regularly associated with market and industry dynamicsmonitor the conditions subsequent 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.Skills and Knowledge: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.Ref 16898BH.

Ref: 22182The Skills You'll Need: English fluent, extensive experience within Project Finance/Structured Finance credit review area within banking.Your New Salary: Competitive Depending on experienceLocation: Central LondonWorking style: 4 days in the office, 1 day at homeStart date: ASAPWorking hours: 9 to 5Reporting To: Head/Deputy Head of Credit Risk DeptWho You'll Be Working for: an international bankCredit Analyst - What You'll be Doing Each Day:Provide credit evaluation report for various credit products which provides overview of transactions, financial and non-financial risk analysis, key risks identified with the associated mitigation if any as well as credit recommendation (including suggested credit enhancement as well as management conditions). Assisting with the implementation of credit risk appetite, credit policies and procedures and management processes once they are established. Make sure the credit transactions are compliant with credit policies.This position mainly focuses on project finance business and may also cover some other sector’s credit business based on the types of proposal 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 the professional risk analysis and appropriate risk mitigation measure in a timely manner. Conduct post lending management work including but not limited to 1) monitor the credit ceilings and credit exposures carefully to ensure loan performing well with all covenants well maintained, 2) monitor the financial performance of the borrower regularly associated with market and industry dynamics, 3) monitor the conditions subsequent 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.Credit Analyst - The Skills You'll Need to Succeed:Possesses solid experience in Project Finance/Structured Finance credit review 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.Please view all our Team China jobs at people-first-recruitmentPlease follow us on Linkedin: people-first-team-chinaWe would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.