Credit Analyst with CCRA Certification

Job Reference: NJ0575Date Posted: 4 August 2026Recruiter: Nexus Jobs LimitedLocation: LondonRemote Working: Some remote working possibleSalary: 60,000 to 80,000Sector: Banking & Financial ServicesJob Type: PermanentWork Hours: Full TimeContact: Jas GujralEmail: cv@nexusjobs.comTelephone: 020 7488 6900Apply for this job nowJob DescriptionCredit Analyst with CCRA CertificationOur 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 modelling, 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 DescriptionThis 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 AnalysisConduct 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 & RatingAssign 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 Memoranda & ReportingPrepare 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 ManagementMonitor existing credit exposures, covenant compliance, and repayment behaviour.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 SupportParticipate 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 AdherenceEnsure 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 CertificationApply 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.QualificationsProficiency in Credit Management and expertise in evaluating credit riskStrong Analytical Skills to perform financial analysis and interpret complex data effectivelyExcellent Communication skills for presenting findings and collaborating with team membersUnderstanding of Finance principles and their applications in credit analysisProfessional experience or qualifications in Credit, such as CCRA certificationDetail-oriented and well-organized with the ability to meet deadlinesBachelor’s degree or higher in Finance, Accounting, Economics, or a related fieldWork experience in financial institutions or credit-related roles is a plusThe Client is based in the City of London.The position is hybrid at this stage 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.