Banking Analyst

Application Deadline: Friday 14th June 2024

Hybrid Working Pattern - 3 days in Office & 2 WFH

About us

Cynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.

We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.

Cynergy Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank Limited are protected by the UK Financial Services Compensation Scheme .

For more information on Cynergy Bank visit

Company Benefits

• Competitive Salary and Company Bonus
• 196 hours (28 days) holiday plus bank holidays
• Option to purchase an additional 10 days holiday
• Pension contribution and Life Assurance
• Income Protection Scheme and Season Ticket Loan
• Private Medical Insurance and Health Check (After Probation)
• Electric Car Scheme and Money Coach (After Probation)

The role

As a Banking Analyst in Cynergy Bank’s Relationship Management Team, you will play a crucial role in supporting our Relationship Managers and contributing to the overall success of the Bank. You will be responsible for conducting annual reviews, gathering and interpreting Management Information (MI), analysing financial and non-financial accounts, co-ordinating valuation sign offs, and assisting with day-to-day administrative tasks.

Responsibilities:

Annual Reviews:

• Conduct thorough annual reviews of existing property and commercial finance clients.
• Assess financial statements, property valuations, and loan performance.
• Prepare detailed reports summarizing findings and recommendations.

Gathering Management Information (MI):

• Collect and analyse relevant data to support decision-making processes.
• Ensure accuracy and integrity of data collected from various sources.
• Present MI in a clear and concise manner to stakeholders.

Interpreting Accounts:

• Review and interpret financial statements, balance sheets, and income statements.
• Identify key financial metrics and trends impacting client portfolios.
• Provide insights to Relationship Managers to assist in client advisory services.

Valuation Sign-Offs:

• Assist in the review and approval process of property valuations.
• Ensure valuations are accurate, compliant with internal standards, and aligned with market conditions.
• Coordinate with external valuers and internal teams to facilitate timely and accurate valuation sign-offs.

Support to Relationship Managers:

• Assist Relationship Managers with daily tasks, including client communication, documentation, and follow-ups.
• Prepare necessary documentation for client meetings and transactions.
• Help manage client inquiries and resolve issues promptly and efficiently.

Administrative Duties:

• Maintain accurate and up-to-date client records and files.
• Ensure compliance with internal policies and regulatory requirements.
• Coordinate with other departments to facilitate smooth workflow and client service.

Essential Knowledge & Experience

Technical skills

• Basic understanding of financial statements and accounting principles.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Demonstrate an understanding of Real Estate finance and / or Trading Businesses transactions.
• Understand and adhere to the Bank’s policies and procedures with particular reference to:
  • Consumer Duty (incorporating consideration of Vulnerable Customers)
  • Fair Treatment of Customers
  • Information Security and Data Protection Act 2018 (GDPR)
  • Risk management and reporting of risk management incidents
  • Regulatory compliance and prevention of financial crime
  • Disaster recovery and business continuity
  • Conduct Rules and Professional Standards

Desirable knowledge & Experience:

• Bachelor’s degree in Finance, Accounting, Mathematics, Economics, or a related field (required).
• Banking exams or internship or experience in banking, finance, or real estate is a plus but not required.

Soft skills

• Strong communication and interpersonal skills
  
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Support Bank wide Forums as required or identified
• Cooperate with and help colleagues across our business, performing other reasonable tasks as may be required from time to time
• Demonstrate alignment and actively promote the Bank’s values
• Be a true team player creating a ‘One Team’ approach

Risk and/or governance responsibilities

• Work with the relationship managers to ensure all clients covenants and operational conditions are monitored with any exceptions noted per Bank policy
• Work collaboratively alongside 2LOD to ensure transactions that are not policy compliant are appropriately managed and where necessary are marked on Watchlist or passed to Business Support.
• Demonstrate a high level of understanding and comply with the Bank’s KYC and AML procedures.
• Ensure that all material audit, risk or compliance issues and audit action points are concluded promptly and within agreed deadlines