Average Credit Analyst salary in the UK

Job Title: Credit AnalystLocation: CoventrySalary: £35,000 - £45,000 per annumContract Type: 12-month Fixed Term Contract (Hybrid)Benefits: Pension, Healthcare, Life Assurance We are currently seeking a highly skilled Credit Analyst for a newly created, high-profile role within our client's team. This is a fantastic opportunity and should appeal if you: Are keen to take charge of a newly created position: where you’ll design and implement key processes for their credit insurance policy. You’ll have the freedom to shape the role and make an immediate impact. Are seeking a High-Profile Influential role: your insights will directly shape new credit policies. You’ll collaborate with teams across the company, ensuring your voice is heard and valued at every level. Like working autonomously yet collaboratively: While you'll manage your projects, you’ll also work closely with insurers, brokers, and internal teams, enjoying autonomy with strong support. Here are some of your key responsibilities: Credit Insurance Implementation: Support the Head of Credit Operations in the implementation and ongoing management of the company’s credit insurance policy.Collaboration: Work closely with credit insurers, brokers, project teams, IT, and other internal departments such as Cashiers and Finance to ensure the successful rollout of the credit insurance policy.Claims Management: Handle credit insurance claims and manage relationships with insurance brokers and underwriters.Reporting & Process Mapping: Evaluate and define reporting requirements related to the Credit Insurance Policy and assist in process mapping to enhance policy effectiveness.Audit & Compliance: Manage audit requirements within Credit Services, ensuring documentation is accurate and up-to-date.Risk Management: Assist in regular reviews of the insured customer portfolio, ensure coverage is maximised, and manage credit insurance alerts, taking appropriate risk mitigation actions.Policy & Procedure Adherence: Work with credit control teams to ensure compliance with credit insurance policies and procedures. But as with any newly created role, your remit is very likely to spread into additional areas in time Knowledge, Skills, and Experience required: Minimum of 2 years experience as a Credit Analyst, specifically in trade credit Expertise in credit insurance, including policy management and claims handling. Good understanding of credit risk management and financial analysis Experience in credit rating methodologies and risk management is desirable. Excellent communication and interpersonal skills with the ability to influence stakeholders at various levels Strong team working skills, including the ability to listen constructively and encourage colleagues. Problem-solving skills, with the ability to identify issues and follow through on recommendations. Proficiency in Microsoft Excel and credit management systems. Professional certification in credit management is desirable. If you are a proactive and results-driven individual with a strong background in credit insurance and are looking for a challenging role within a dynamic environment, we would love to hear from you.

Role: Credit Analyst Location: London Duration: 4 Months initially Hybrid: 2-3 days in the office The Audit Department Credit Review Group (ADCR) are asked to provide reasonable assurance regarding the accuracy of the Obligor and Facility grades as well as the Borrower's Category which are assigned to the Bank's credit related Obligors. These are proposed by Front Office (FO) departments from across the clients EMEA offices and approved mainly by Credit Department (CD). ADCR activities include Continuous Review, Branch Credit Review, Self-Assessment (SA) Classification Review and Discounted Cash Flow Reviews. This role will assist the ADCR Team in completing assigned reviews and administrative tasks such as downloading and transforming data and reporting. The ADCR AVP has no direct reports. There is no monetary budget, but time budgets for the completion of each credit review are established and the ADCR AVP is expected to deliver the completed reviews within the budgeted timeframe. The ADCR AVP interacts with ADCR team members and ADCR Management up to ED/MD level. The ADCR AVP is responsible for credit reviews that are assigned by the Credit Review Partner. The credit reviews are normally related to plain vanilla corporate financing including review of subsidiaries of Japanese corporates although there are cross training opportunities in other areas. Accountabilities & Responsibilities Conduct a review of credit applications to determine, based on the agreed sampling methodology, which applications will require a Full File Review.Conduct a Full File Review of assigned credit applications to ensure accuracy of the Obligor and Facility Grades as well as Borrower's Category (if applicable).Discuss and agree with the Credit Review Partner and raise questions with FO person in charge when clarifications are required to complete the credit reviews.Submit reviews to Credit Review Partner for approval including draft Recommendations and Other Findings.Undertake the follow-up and closure of any Recommendations raised.Complete any other ad-hoc / administrative tasks assigned by Credit Review Partner including data downloads, data transformation, reporting, Self-Assessment Classification Review or DCF Review. Knowledge, Skills, Experience & Qualifications Good communication skills are required in the interaction with FO, CD and Internally with ADCR Team/Management.Good writing skills are required for preparing reports / documenting findings.Financial analysis skill and some accounting knowledge are required to conduct assessment of credit monitoring.Some previous credit experience in financial sector is desirableAttention to detail is essential to efficiently review and document work.IT literate. Candidates must show evidence of the above in their CV to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

Collections Analyst Location: - Derbyshire Salary: - £25,000 - £30,000 Job Type: - Full time, Hybrid Role Description The Resolute Group is working in partnership with a Derbyshire based global company that provides supply chain solutions, logistics services, and business-to-business distribution. Day to day duties will vary but could include: Managing an Accounts Receivable (AR) portfolio of a cross-section of accounts the business structure.Ownership of several geographical ledgers, carrying out day-to-day credit control & collections functions to ensure the smooth transition of the order to cash cycle.Communicate with customers primarily via telephone (also via email) to collect in due debt & discuss account status and actions.Liaise with Sales to release orders and resolve queries and collaborate on a monthly AR review call to improve collections performance.Account reconciliation and reporting for internal and external stakeholders including interaction with Cash Allocation and Finance teams to support audit requirements.Streamline processes and support change management opportunities for wider Credit Teams. Qualifications / Experience previous Credit control experience (desirable)Experience of finance methodology / reconciling customer accountsExtremely organised and ability to prioritise workStrong communication skills both written and verbalAbility to build positive relationships with key stakeholders PLEASE NOTE You must be living and eligible to work in the UK to apply for this position. If you are interested in applying for this role, please apply via this advert or contact Sam Matondo via Linked In or call Sam on All correspondence will be dealt with in the strictest of confidence.