Credit Analyst

Credit Analyst x3 & Cash Management Analyst x1
Rate: £513.73 Umbrella P/D
Location: Hybrid 2 to 3 days a week   
Duration – 6 months   
Role Summary:
Our client Innovation Bank are currently searching for a Credit Analyst to join our dynamic team within the Bank. The successful candidate to assist in credit remediation work.
Key Responsible
Credit Analyst
·        Initially time will be spent getting up to speed on systems if not already familiar and any other adhoc training required in order to support the role.
·        Working through the remediation of the borrowing clients, covering credit risk rating, spreading financial statements and itemising transaction security.
·        A high level of attention to detail is required, as is the desire to work with lots of people across different teams – managing stakeholders across the platform.
·        Move at speed to get the work done, invest heavily in training upfront to ensure a fast start.
Cash Management Analyst
·        Overhaul of static (and stale) pre-migration facility limit data to achieve a real-time view of current cash management facilities and their CARM review dates – work is underway, with early engagement with CMB Analytics, albeit to explore other potential sources of this data within. In the interim to aid with the cleansing of data from existing data sources (the CLM-Renewal Lists) and various pre-migration excel sheets
·        Using the outcome of this work to assist with the full population of portfolio trackers (housing static data and monitoring their performance) for all unsecured cash management clients, once we can ascertain all cash management facilities extended to clients and their facility review dates.
·        Integrate any cash data available on a periodic basis into the trackers to assist with portfolio management.
·        Central Cash Management Team (“CCMT”) have to-date created portfolio tracking templates and populated for the clients that have reviewed since migration, so it will be a case of populating the client names, facilities and CARM review dates for the remaining clients. The transposition of live cash balances will need to be worked in
·        Investigation with the BACs and Cards Product team on how to extract utilization data better and more efficiently – currently available from various different sources and on a client-by-client basis rather than portfolio – limited work to-date but need to investigate with Product teams to understand data capability both in HINV but also. Will assist with portfolio management. 
Knowledge and Experience:
·        Good understanding of Credit Risk
·        CRR and LGD models
·        Financial analysis
·        Financial covenants
·        Typical security taken by a bank to support a debt facility
For one of the positions: Data analytics
·        Good grasp of excel to support the cash management team as outlined in the principal responsibilities
·        Decent grasp of banking products (credit cards, BACS, trade finance etc)