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.
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.
@@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.
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?
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.
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
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 ?
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
@@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.
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
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.
@@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?
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.
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!
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.
Thanks for the support! Are you wanting to know from you approving a proposal or you writing up a proposal perspective ?
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.
@@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.
Shahryar , thanks a lot for the time and pain to write such insightful reply. Eagerly waiting for the videos on these as you mentioned.
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?
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.
Great video
Thanks for the support!
I would love to have the biscoff spread where I am!
😂😂😂 trust me it’s amazing!
how would u suggest preparing for credit risk interviews in terms of technicals for interns/grads ?
Who do you do presentations to? Do these happen often. Im moving into credit analysis and struggle presenting. Thanks
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
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 ?
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
@@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.
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
i am working in psu bank planing to do FRM, can you tell me your salary after 3 yrs experience
Hi, are the clients in your portfolio clients that your bank have issued debt to? Not clear how it works
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.
@@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?
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.
Hi, what are working hours on Friday?
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.
Is this a good career for introverts?
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!