Credit Analyst with a Loan Admin understanding

Credit Analyst with a Loan Admin understanding

City of London

Permanent

Up to £50k

cer Financial are working alongside a warm service led International bank who are based in the City of London. They are seeking a Credit Analyst to work with them on a permanent basis. It’s a small bank so the candidate needs to have a good working knowledge of the loans admin space

The Responsibilities of a Credit Analyst Will Include:

Credit:

• Analyse the financial accounts and audited reports including, balance sheets, profit, loss accounts and cash flow analysis.
• Preparation of credit application for lending proposals.
• Preparation of country reports, market sector information and industry analysis.
• Analysis of Banks and Financial Institutions for approving limits for Trade Finance and Treasury Department.
• Participate in meetings assisting in obtaining, checking and completion of loan documentation including security aspects.
• Undertake periodic reviews of all loan facilities outstanding in Bank’s books.
• Alert management to negative developments and trends.

• Present a balanced recommendation, highlighting the strength of the application and whether the role holder would support the application or what risk mitigant’s should be sought to enable Management to reach a decision.
• Annual reviews of existing facilities, including amendments and periodic reviews of all loan facilities.
• Analyse a Financial Institution.
• Prepare analysis in support of Trade Finance.
• Ensure commitments are correctly recorded in the system.
• Monitor all credit / loan facility files.
• Deputising for Credit Manager at Credit Committee. This will include minute taking and close liaison with other departments within the bank.

Loans:

• Establishing full records in the appropriate sections of the Bank’s books for all information pertaining to facilities which include: on and off balance sheets, current balance, availability/drawdown period, interest and principal rollover dates and receipt of financial information etc.
• Where PIB is the lead arranger in a club/syndicated deal: to fix interest rates and interest periods and advice to borrowers and syndicate members. Also, make claims for payment, interest and fees/commission are received and posted in the Bank’s books.
• Maintaining the admin section of Credit File.
• Preparing Exposure Reports and Schedules.
• Review and advise any breach of Financial Covenants and to follow up with the borrowers and charge default interest.