Day in the Life of a London Credit Risk / Financial Analyst

[@subhajitdas8262]

Hi Shahryar, absolutely loving your videos. I am a Credit Approver, working with HSBC. I need your advice / tips on how to read large credit proposals/ cases with lot of financial and supporting information/ documents. Would be glad if you make a video on that or even replying to this comment would do. Best of luck man.

[@CertifiedTalks]

Thanks for the support! Are you wanting to know from you approving a proposal or you writing up a proposal perspective ?

[@subhajitdas8262]

Thanks a lot for replying. Approving a proposal, Shahryar. If thats not what you are doing, you may please let me know what your way of doing what you do. I am sure, I will be able to derive a lot of value from that too.

[@CertifiedTalks]

@@subhajitdas8262 id start with the short term liquidity ratios then move on to any reports rating agencies have.they’re often very detailed and do a lot of the work for you! There are several ratios and ways to look at financial statements ,too much to put into a comment but there’s three areas you should ALWAYS consider. Company, industry and macro factors make sure your gut feeling on these three areas are strong. I’ll be making a video about these later on.

[@subhajitdas8262]

Shahryar , thanks a lot for the time and pain to write such insightful reply. Eagerly waiting for the videos on these as you mentioned.

[@davidbrown6794]

Use a 12c HP always and do what I do - trade EFT and Equities using your own capital you can make significantly more money

[@Mont_Bomul]

Very insightful! Thank you for the amazing content. I was wondering if you could perhaps share which software skills are useful to be a credit analyst..? Also which sources do u refer to often to keep up to date with the financial market and macro?

[@CertifiedTalks]

Thanks! There's actually a vid I made on top software for finance careers which should be useful. For the macro news you should really spread out your research so you can have balanced views.

[@yosim4246]

Great video

[@CertifiedTalks]

Thanks for the support!

[@Ben-rs1wm]

how would u suggest preparing for credit risk interviews in terms of technicals for interns/grads ?

[@PolitcsUnleased]

I would love to have the biscoff spread where I am!

[@CertifiedTalks]

😂😂😂 trust me it’s amazing!

[@2KTwisted2K]

Who do you do presentations to? Do these happen often. Im moving into credit analysis and struggle presenting. Thanks

[@CertifiedTalks]

When you need approval either for a new idea you want to do or for a credit line higher than your approval limit , you need to present your case before it can be implemented. It’s not so much standing in a room and giving a big speech but presenting a doc with all the data included . That’s your main focus

[@freeskool2645]

Hi, I am a credit reasearch analyst, with a work experience of 3 years in India. Also, planning to take the CFA level 1 exam. I wish to move to the UK and secure a job in credit research analysis. Kindly let me know what are some good channels. Your help is much appreciated

[@GamaTron1338]

i am working in psu bank planing to do FRM, can you tell me your salary after 3 yrs experience

[@davidbrown6794]

An Assessor role is not really a Corporate Credit role looking at deals over 500 m and up - salaries circa 200 k pa

[@abhiramvasista]

Hello Shahryar, great videos! Can you please let me know what certifications would be helpful in seeking Credit analyst roles for a beginner in the UK ?

[@CertifiedTalks]

Having good accounting knowledge is very helpful - since you look at financial statements a lot. CFA also covers this knowledge and more and so if it’s within a banking role then this would be better….but many people only start to learn CFA once they have the job. Some have level 1 already to show they’re committed. FRM is great but I see more FRM people in mostly quantitative roles eg market risk

[@abhiramvasista]

@@CertifiedTalks Thank you for the quick response. I have 8+ years of experience in E-commerce transactional risk( Fraud and AML), Not so much in core financing. I also have experience in SAS/ SQL for 6+ years. I have an MBA in finance too. I want to move to Credit risk field considering the opportunities here in UK. I want to show my interest and prove that Im well versed with accoulting knowledge to my prospective employers. Hope this will give you a clear perspective.

[@vrx7082]

Hi, are the clients in your portfolio clients that your bank have issued debt to? Not clear how it works

[@CertifiedTalks]

That's right. They're ones you've accepted or rejected for issued credit. Both are important because you might feel things have changed and you can now accept ones you've rejected.

[@vrx7082]

@@CertifiedTalks thanks. Would you say that there is a chance of moving to buy side credit fund after a few years of working in credit risk in a Bulge bracket?

[@CertifiedTalks]

Yes with good networking but also you will have to shift some of your skillset and learn new ones. I'll look to make a video soon on this.

[@TheVincychannel]

Hi, what are working hours on Friday?

[@CertifiedTalks]

Honestly if you’re working at a top company it’s not going to be relaxed just because it’s a Friday. Some places do try and limit the work on Friday afternoons but if there’s a deal that needs to be reviewed , depending on the urgency you might just have to work through it for approval. This can be long if the person is based in America for approval.

[@Bryy-The-Kings-Son]

Is this a good career for introverts?

[@CertifiedTalks]

I ain't going to lie, it's tough as one. You'll have to be ready to say no to a lot of senior people in high pressured situations! But it is possible so don't let it put you off!