Senior Credit Analyst

Senior Credit Analyst at Innovate UK – Remote UK Job (£46,743 Salary + Civil Service Pension)

Are you an experienced finance professional looking for a remote UK Civil Service opportunity? Innovate UK is recruiting a Senior Credit Analyst to join its Analysis team on a 23-month fixed-term contract. This home-based role offers a competitive salary of £46,743, flexible working arrangements, and an excellent Civil Service Pension with an employer contribution of 28.97%.

If you have experience in credit analysis, banking, financial assessment, or alternative finance, this could be an excellent opportunity to advance your career while supporting innovative UK businesses.

Job Overview

Position: Senior Credit Analyst

Organisation: Innovate UK

Location: Remote (Anywhere in the UK)

Salary: £46,743 per year

Pension: Civil Service Pension with 28.97% employer contribution

Job Grade: Senior Executive Officer (SEO)

Contract Type: Fixed-term

Contract Duration: 23 months

Working Pattern: Full-time

Vacancies: 1

Reference Number: 469710

Application Deadline: 11:55 PM (UK Time), Thursday, 16 July 2026

About the Role

Innovate UK is seeking a Senior Credit Analyst to support the assessment and management of lending transactions for innovative UK businesses.

Working alongside experienced Credit Specialists, you will analyse financial information, assess business performance, prepare recommendations for the Credit Committee, and monitor lending portfolios.

Depending on your experience and performance, you may also manage your own portfolio of lending cases.

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

Key Responsibilities

As a Senior Credit Analyst, you will:

• Analyse financial statements, cash flow forecasts and balance sheets.
• Assess the financial and non-financial strength of applicant businesses.
• Conduct sensitivity and credit risk analysis.
• Gather additional information from applicants where required.
• Present lending recommendations to the Credit Committee.
• Maintain accurate credit records and governance documentation.
• Support approved lending transactions through completion.
• Review legal documentation and security requirements.
• Carry out annual reviews of existing lending portfolios.
• Monitor financial covenants and identify early signs of business distress.
• Work closely with Relationship Managers and Lending Operations teams.
• Participate in continuous professional development and strategic projects.

Essential Requirements

Applicants should have:

• A degree or equivalent relevant business experience.
• Experience analysing audited and management financial accounts.
• Strong financial analysis and credit assessment skills.
• Knowledge of key business financial indicators.
• Excellent written and verbal communication skills.
• Strong relationship-building and stakeholder management abilities.
• Experience presenting financial information and recommendations.
• Process management experience, including forecasting or cash management.

Desirable Qualifications

The ideal candidate may also have:

• A professional financial qualification.
• Experience in banking or alternative finance.
• Previous credit risk or lending experience.
• Knowledge of covenant monitoring and portfolio management.

Salary and Benefits

Successful applicants will receive:

• £46,743 annual salary.
• Civil Service Pension with 28.97% employer contribution.
• Flexible remote working.
• Tailored learning and professional development.
• Inclusive and diverse working environment.
• Career progression opportunities within Innovate UK.

Security Requirements

Successful candidates will be required to:

• Pass a criminal record check.
• Meet Security Check (SC) clearance requirements.
• Complete Baseline Personnel Security Standard (BPSS) checks.
• Undergo a medical assessment where applicable.

Nationality Requirements

Applications are open to eligible:

• UK nationals.
• Republic of Ireland nationals.
• Commonwealth citizens with the right to work in the UK.
• Eligible EU, EEA and Swiss nationals with the appropriate immigration status.
• Other applicants meeting the Civil Service nationality requirements.

Why Join Innovate UK?

Working at Innovate UK offers the opportunity to:

• Help finance innovative businesses across the UK.
• Work remotely from anywhere in the UK.
• Gain valuable experience in government-backed lending.
• Develop specialist expertise in credit analysis.
• Enjoy one of the UK’s most generous pension schemes.
• Build a long-term career within the wider Civil Service.

How to Apply

Interested candidates should submit their application before:

Deadline: 11:55 PM (UK Time), Thursday, 16 July 2026

Apply through the official Innovate UK careers website.

Application Tips

To strengthen your application, highlight your experience with:

• Financial statement analysis.
• Credit or lending decisions.
• Banking or alternative finance.
• Cash flow forecasting.
• Risk assessment.
• Stakeholder communication.
• Business performance evaluation.
• Financial reporting.

Equal Opportunities

Innovate UK is committed to equality, diversity and inclusion and welcomes applications from candidates of all backgrounds. Female applicants are particularly encouraged to apply, as women are currently underrepresented within this area of the organisation.