Credit Analyst - Bank

Onyx-Conseil; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A financial consulting firm in London is looking for a Credit Analyst with proven experience in the banking sector. The successful candidate will conduct detailed financial assessments, evaluate credit risk, and prepare reports. They will work in a hybrid model for three days a week in the office. Candidates should possess a bachelor's degree in a relevant field and have strong analytical and communication skills. The salary ranges from £60K to £80K based on experience.

Qualifications

• Proficiency in Credit Management and expertise in evaluating credit risk.
• Strong Analytical Skills to perform financial analysis and interpret complex data effectively.
• Excellent Communication skills for presenting findings and collaborating with team members.

Responsibilities

• Conduct comprehensive credit assessments and risk analysis.
• Prepare detailed credit memoranda and reports.
• Monitor existing credit exposures and recommend modifications.

Skills

Credit Management

Analytical Skills

Communication Skills

Financial Principles

Detail-oriented

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Job description

Credit Analyst with CCRA Certification

Our Client a Bank in the City of London is looking to recruit a Credit Analyst with 5 to 8 years proven track record of working as a Credit Analyst within the banking sector.

In this position you will conduct comprehensive credit assessments, financial modeling, and risk analysis for corporate and retail portfolios.

Prepare detailed credit memoranda, monitor exposures, and support decision-making using CCRA-aligned methodologies.

Must be experienced in financial interpretation, rating evaluation, and early-warning risk identification.

Role Description

This is a full-time Credit Analyst role with a Certified Credit Research Analyst (CCRA) certification requirement.

The role is hybrid, based in London, allowing for a combination of on-site and remote work.

The Credit Analyst will conduct in-depth financial analysis, evaluate creditworthiness, assess risk, and prepare detailed credit reports.

The role requires collaboration with key stakeholders to provide insights and develop credit strategies, as well as ensuring alignment with financial regulations.

Credit Assessment & Financial Analysis

Conduct in-depth financial statement analysis (income statement, balance sheet, cash flow) to evaluate the creditworthiness of corporates, SMEs, or individuals.

Apply CCRA-aligned analytical frameworks such as ratio analysis, cash-flow forecasting, and stress-testing techniques.

Develop forward-looking financial models, incorporating industry trends, macroeconomic factors, and company-specific risks.

Review credit bureau data, bank statements, collateral valuations, and external research reports.

Credit Risk Evaluation & Rating

Assign preliminary internal credit ratings based on quantitative and qualitative assessments.

Identify key risk drivers including business risk, management quality, operational efficiency, and market competitiveness.

Use CCRA best practices to assess probability of default (PD), loss given default (LGD), and exposure at default (EAD).

Prepare credit scoring summaries and recommend risk mitigation strategies.

Credit Memorandum & Reporting

Prepare detailed credit appraisal notes, approval packages, and risk summaries for credit committees or senior management.

Produce periodic portfolio review reports, highlighting sectoral exposures, rating migrations, and early-warning signals.

Maintain accurate credit files and ensure compliance with internal risk policies.

Portfolio Monitoring & Early-Warning Management

Monitor existing credit exposures, covenant compliance, and repayment behavior.

Track industry and market developments that may affect clients' credit profiles.

Recommend modifications to credit limits, restructuring proposals, or remedial actions for stressed accounts.

Conduct ongoing rating reviews in line with CCRA methodology.

Due Diligence & Relationship Support

Participate in client meetings, site visits, and management interviews to better understand operations and risk factors.

Collaborate with relationship managers to structure facilities aligned with client needs and risk tolerance.

Assist in credit agreement negotiations, ensuring proper documentation and risk coverage.

Compliance, Governance & Policy Adherence

Ensure adherence to regulatory guidelines, internal credit policies, and risk appetite frameworks.

Support audits and regulatory inspections by providing accurate credit documentation and analysis.

Value Add from CCRA Certification

Apply globally recognized CCRA frameworks for structured credit analysis and research.

Use advanced techniques such as scenario analysis, sensitivity testing, and sector-specific valuation methods.

Demonstrate enhanced credibility and technical expertise in credit research and risk evaluation.

Qualifications

• Proficiency in Credit Management and expertise in evaluating credit risk
• Strong Analytical Skills to perform financial analysis and interpret complex data effectively
• Excellent Communication skills for presenting findings and collaborating with team members
• Understanding of Finance principles and their applications in credit analysis
• Professional experience or qualifications in Credit, such as CCRA certification
• Detail-oriented and well-organized with the ability to meet deadlines
• Bachelor's degree or higher in Finance, Accounting, Economics, or a related field
• Work experience in financial institutions or credit-related roles is a plus

The Client is based in the City of London.

The position is hybrid at this internship with 3 days in the office per week.

The salary will be in the range £60K - £80K depending on experience.

Do send your CV to us in Word format along with your salary and notice period.

This position is open to UK candidates – so no sponsorship.