Credit Risk Analyst

About the Role

Our client is looking for a detail-oriented Credit Risk Analyst to join their risk management team in Sheffield, South Yorkshire, UK . This role is instrumental in assessing the creditworthiness of potential borrowers and counterparties, managing portfolio risk, and developing risk mitigation strategies. You will analyze financial data, economic trends, and industry information to make informed credit decisions. This position offers a challenging and rewarding career in financial risk management within a collaborative hybrid working environment.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess credit risk.
• Develop and maintain credit scoring models and risk assessment frameworks.
• Monitor the credit quality of existing loan portfolios and identify potential areas of concern.
• Prepare credit memos and recommendations for loan approvals or rejections.
• Stay informed about market conditions, regulatory changes, and industry best practices in credit risk management.
• Collaborate with relationship managers and other departments to manage client credit exposures.

Requirements

• Bachelor's degree in Finance, Economics, Business, or a related field.
• 1-3 years of experience in credit analysis, risk management, or a related financial role.
• Strong understanding of financial statement analysis and credit risk principles.
• Proficiency in Microsoft Excel and other analytical tools.
• Excellent written and verbal communication skills, with the ability to present complex information clearly.

Benefits

• Competitive salary and potential for annual bonus.
• Hybrid working model offering a blend of office and remote flexibility.
• Comprehensive health, dental, and vision insurance.
• Pension scheme and life assurance.
• Opportunities for professional development and training in risk management.