Career Advice for an Assessor

When you become an Assessor, you will work for a bank assessing lending risks, business viability, or claims.

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How to Become an Assessor

Choosing your career path and learning how to become the person you aspire to be is not always straight forward; getting a job in your chosen industry will take dedication, focus and the right qualifications.

When you have chosen the career path you wish to follow, you will need to learn how to become an Assessor

Should you wish to work as an Assessor you will need to evaluate what courses are required, their cost and what qualifications you need. It is important that you also assess whether you have the right credentials from a personality point of view, what the demands of the job are and whether they complement the lifestyle that you desire.

Another factor to consider, should you wish to fulfil your career aspirations, is the number of jobs you will need to have to reach your ultimate job, and the length of time it will take to reach this goal.

Common Qualifications for an Assessor

  • Assessor Award.
  • Level 6 Financial Service Professional.
  • Level 6 Compliance and Risk Specialist.
  • LIBF Chartered Associate Certificate.
  • ICA Advanced Certificate.
  • ICA Diploma.

Key Responsibilities for an Assessor

  • Performing credit and loan risk assessments.
  • Identifying current and future potential risks.
  • Preparing risk management reports.
  • Maintaining accurate client and compliance records.
  • Conducting compliance audits and liaising with external or internal auditors.
  • Reviewing contracts and agreements.

What to expect as an Assessor

Working as an Assessor, you will work in an office or bank, working traditional hours or on a shift that may include evenings and weekends. You will need excellent analytical and research skills, math skills, business understanding, and planning skills.

Recommended Assessor Jobs

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How to get Assessor Jobs

Our advice on how to get an Assessor job is to focus on preparation and personalisation.

Preparation

This occurs before you write a CV cover letter or complete an Assessor application. If you have not held an Assessor position before, it will help to research the industry and review what a typical career path might look like. If you have held an Assessor role, focus your research on the company where you are seeking employment.

Valuable resources that will help you learn about the employer include the company’s career page, social media page, blog, job ad, and job description. Helpful information will consist of the company’s mission statement, values, and vision. You could also use an employer review site to gain insights on average salaries, what current employees say about the company culture, and what it is like to work for the organisation.

Personalisation

You are now in a position to use what you have learned in your Assessor CV, cover letter, and application. You should personalise each Assessor application, cover letter, and CV; prioritising job skills and relevant experience and providing examples that show you have similar values and goals.

This pre-application stage is a crucial step in how to become an Assessor in the UK. It puts you in a superbly informed state, ready for forthcoming telephone, video, or in-person interviews.

Students: How to Become an Assessor 

As with all professions, choose your study topics carefully. Review the qualifications needed to be an Assessor and the subjects you will need to enrol in certification courses, higher education, or online courses. 

Aligning your study subjects

The more closely you align your study subjects with your career path, the more likely you will be to have projects and modules that you can refer to and show a prospective employer that you have practical or theoretical Assessor experience.

How to get Assessor Experience

What does it take to be an Assessor? The best way to find out is to get work experience, which will be invaluable when applying for Assessor jobs. You can learn how to be a successful Assessor through internships, apprenticeships, or volunteering for a local business.

How to be an Assessor Part-Time 

If you are wondering how to get into Assessor part-time, there are several possibilities. You might find a new employer looking for a part-time Assessor or find your existing employer is amenable. Often companies recognise the value of flexible hours and having more staff at work during busy times of the day. 

Assessor freelance work

If you have impressive Assessor qualifications and experience, you could take on the challenges of working freelance with control over your schedule.

Making a Career Change

How to start a career in this profession if you work in another industry may require studying for qualifications online and focusing on transferable skills when writing your CV and attending job interviews.