Senior Credit Analyst

Senior Credit Analyst (Remote) at Innovate UK – £46,743 per Year | UK Home-Based | Apply Before 16 July 2026

Innovate UK is recruiting a Senior Credit Analyst to join its Analysis team on a 23-month fixed-term contract. This is a fully remote UK-based opportunity offering an annual salary of £46,743, flexible working, extensive learning and development, and a Civil Service Pension with an employer contribution of 28.97%.

If you have experience in credit analysis, banking, finance, financial assessment, or lending, this could be an excellent opportunity to progress your career with one of the UK’s leading innovation organisations.

Job Summary

• Job Title: Senior Credit Analyst
• Employer: Innovate UK
• Reference Number: 469710
• Location: Remote (Anywhere in the UK)
• Salary: £46,743 per year
• Contract Type: Fixed-Term
• Contract Length: 23 Months
• Working Pattern: Full-Time
• Job Grade: Senior Executive Officer
• Business Area: Analysis
• Sector: Finance
• Number of Positions: 1
• Application Deadline: 11:55 PM, Thursday, 16 July 2026

About the Role

As a Senior Credit Analyst, you’ll work alongside experienced Credit Specialists to assess funding applications from businesses seeking financial support through Innovate UK’s lending programmes.

You’ll analyse financial information, review business performance, identify credit risks, engage directly with applicants, and prepare recommendations for the Credit Committee.

Depending on your experience and performance, you’ll also manage your own portfolio of lending cases while contributing to wider credit and portfolio management activities.

Innovate UK particularly welcomes applications from women, who are currently underrepresented in this area.

Key Responsibilities

• Analyse business financial statements and management accounts.
• Assess business viability using cash flow analysis, sensitivity testing and balance sheet reviews.
• Gather additional financial information from applicants.
• Support Credit Specialists with lending recommendations.
• Present credit decisions to the Credit Committee.
• Maintain accurate credit documentation and audit-ready records.
• Support legal documentation and loan completion processes.
• Monitor existing loan portfolios.
• Conduct annual credit reviews.
• Identify early financial warning signs.
• Recommend interventions where risks are identified.
• Build strong relationships with customers and internal teams.
• Participate in departmental improvement projects.
• Continue professional development within commercial lending and credit analysis.

Essential Requirements

• Degree qualification or equivalent professional experience.
• Experience analysing company financial statements.
• Strong understanding of business finance and credit risk.
• Ability to interpret financial accounts and identify strengths and weaknesses.
• Excellent written and verbal communication skills.
• Experience preparing reports and presenting recommendations.
• Strong relationship management skills.
• Good understanding of lending, banking or alternative finance.
• Experience in forecasting, covenant monitoring and financial process management.

Desirable

• Professional finance qualification.
• Previous banking or commercial lending experience.

Salary & Benefits

• £46,743 annual salary.
• Civil Service Pension with 28.97% employer contribution.
• Flexible working arrangements.
• Fully remote UK working.
• Tailored learning and development.
• Inclusive workplace.
• Career progression opportunities.
• Continuous professional development.

Training & Career Development

Successful candidates will benefit from:

• Professional credit analysis training.
• Commercial lending experience.
• Portfolio management exposure.
• Credit risk assessment skills.
• Financial reporting development.
• Cross-functional project participation.
• Career progression opportunities.

Eligibility

Applicants must have the legal right to work in the UK and meet the published Civil Service nationality requirements.

Selection Process

The recruitment process includes:

• Application review.
• Interview.
• Presentation.
• Security clearance.
• Criminal record check.
• Medical assessment.
• Employment vetting.

Interviews may be held via Microsoft Teams or face-to-face.

How to Apply

Apply before 11:55 PM (UK Time), Thursday, 16 July 2026 via the official Innovate UK careers website.