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CM magazine May 2019

The CICM magazine for consumer and commercial credit professionals

The CICM magazine for consumer and commercial credit professionals

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Congratulations to all of the following, who successfully<br />

achieved Diplomas in Credit Management.<br />

LEVEL 3 DIPLOMA IN CREDIT MANAGEMENT (ACI<strong>CM</strong>)<br />

NAME<br />

Joshua Albright<br />

Marco Anholts<br />

Amanda Barton<br />

Darren Beejadhur<br />

Erika Bone<br />

Marie Byford<br />

Claudia Carausu<br />

Julia Carr<br />

Alexia Clark-Webber<br />

Georgina Davies<br />

Dalbinder Dulai<br />

Leanne Eason<br />

Thomas Fowler<br />

Wendy-Jayne Foy<br />

Benjamin Franklin<br />

Cheryl Gray<br />

Leigh Ellen Griffiths<br />

AWARDING BODY<br />

CONGRATULATIONS<br />

Julie Griggs<br />

Freya Hanbury<br />

Shanaz Herbert<br />

William Hern<br />

Alberto Hernandez Rivas<br />

Shabana Hussain<br />

Craig Isherwood<br />

Jennifer Jeffery<br />

Rachel Jones<br />

Siobhan Kirk<br />

Joanne Lafferty<br />

Latia Latham-Hopper<br />

Lynn Macdonald<br />

Zena Maher<br />

Brenda McKee<br />

Mihael Mihaylov<br />

Holley-Ann Mimms<br />

Paul Murphy<br />

Lisa Nash<br />

Samantha Poil<br />

Andrew Robinson<br />

Lynne Robson<br />

Kelly Rushmore<br />

James Rutter<br />

Stephen Sands<br />

Sarah Sheldon<br />

Hannah Shirtcliffe<br />

Jenny Stephens<br />

Paul Thackray<br />

Kirsty Tippett<br />

Lisa Whannel<br />

Mark Wiles<br />

Wendy Zhungu<br />

LEVEL 3 DIPLOMA IN DEBT COLLECTION (ACI<strong>CM</strong>)<br />

NAME<br />

Martin Poole<br />

LEVEL 3 DIPLOMA IN MONEY & DEBT ADVICE (ACI<strong>CM</strong>)<br />

NAME<br />

Clive Atkinson<br />

Lauren Brooks<br />

Lisa Browne<br />

Shauna Duffy<br />

Haydn Garnett<br />

Katherine Gilmour<br />

Danielle Holroyd<br />

Lucy Kihlberg<br />

Paul Mcmanus<br />

Andrew O'Donnell<br />

Patience Pattison<br />

Heidi Robinson<br />

Jake Schulz<br />

Leanne Simister<br />

Katie Smith<br />

LEVEL 5 DIPLOMA IN CREDIT AND COLLECTIONS (MCI<strong>CM</strong>(GRAD)<br />

NAME<br />

Sana Ahmed<br />

Beccy Eady-Wagstaff<br />

Jodie Foster<br />

Eleanor Kelly<br />

Daniel Parker<br />

Antonia Penfold<br />

LEVEL 5 DIPLOMA IN CREDIT MANAGEMENT (MCI<strong>CM</strong>(GRAD)<br />

NAME<br />

Matthew Norman<br />

CAREERS’ ADVICE<br />

Stepping up to seniority<br />

Driven and ambitious employees are an important part<br />

of any organisation to help them achieve success.<br />

Karen Young<br />

AUTHOR – Karen Young<br />

WHILE employers can<br />

provide opportunities to<br />

feed the ambition of their<br />

workforce, employees<br />

can take their own steps<br />

to give themselves the<br />

best chance of advancing to senior positions in<br />

credit management.<br />

The Hays Salary and Recruiting Trends <strong>2019</strong><br />

guide showed that progression was a primary<br />

concern for credit professionals. Almost a<br />

quarter (23 percent) of employees revealed that<br />

the main reason they would leave their current<br />

job is because of lack of future opportunities<br />

and over half (51 percent) feel that there is no<br />

scope for career progression in their current<br />

role. Professionals across all sectors should<br />

feel constantly empowered to progress within<br />

their role but this is of particular importance<br />

for aspiring managers and leaders in the credit<br />

profession.<br />

Although you can’t award yourself your<br />

next promotion when you personally feel<br />

you deserve it, you can still keep your goal in<br />

sight to accelerate your journey. Set yourself<br />

personal progression and development<br />

milestones and ask your employer to make your<br />

promotion path and timeline as clear as they<br />

can. If your goals are long-term and relevant<br />

to your broader career, communicating these<br />

to your recruiter will ensure your future roles<br />

align appropriately. Plotting and sharing your<br />

progression expectations keeps you motivated<br />

and gives others the best chance of helping you<br />

get to where you want to be.<br />

IMPORTANCE OF TRAINING<br />

Continuous learning is something all successful<br />

professionals strive to achieve, and those in<br />

credit management realise the importance of<br />

this. Data from our Salary Guide shows training<br />

and/or professional certification support is<br />

the most important benefit for 38 percent<br />

of credit staff when considering a new role.<br />

Encouragingly, professionals in this specialism<br />

realise the credibility that qualifications add to<br />

your professional profile and the bearing they<br />

can have you on career development.<br />

No matter what’s on offer at work, this is<br />

one of the ways employees can take control of<br />

their progression. If relevant to your role, take<br />

advantage of any training which is available to<br />

you. Find yourself a mentor, take up shadowing<br />

opportunities and keep a look out for webinars<br />

and industry events. There is also a wealth of<br />

accessible multimedia content online that can<br />

offer easy to digest information. Expanding<br />

your knowledge within your field will equip you<br />

with the skills to take on more opportunities<br />

which enable you to expand and advance your<br />

role.<br />

EMBRACE DECISION-MAKING<br />

Being indecisive is permissible lower down the<br />

career ladder, but there is no room for it as an<br />

individual progresses and has to respond to<br />

increasingly urgent and financially significant<br />

demands. Procrastinating over a tough business<br />

decision can mean losing out on advantageous<br />

opportunities. Being decisive at the right<br />

moment is crucial further up the ladder and<br />

exhibiting this at any level will demonstrate<br />

your potential to work at a senior level in credit<br />

management.<br />

However, decisiveness without the ability<br />

to learn can seriously inhibit a professional’s<br />

development. If you regularly make quick<br />

decisions, this won’t always go to plan but it’s<br />

crucial to learn from your errors to know the<br />

correct course of action in a similar situation.<br />

Strike a balance between showing you can be<br />

decisive while also recognising the impact of<br />

your decisions in order to demonstrate that you<br />

can operate at a senior level.<br />

TAKE PRIDE IN YOUR WORK<br />

Having an admirable approach to work is<br />

different to having achieved a lot in a particular<br />

role or being willing to work extra hours<br />

when required. Professionals who exhibit a<br />

commendable work ethic get to the top by<br />

showing how they go above and beyond to<br />

benefit the business. This might take the form<br />

of achieving extra qualifications, attending<br />

network events, gaining international<br />

experience, working closely with different<br />

functions in the business or getting involved<br />

with external industry events.<br />

If you go the extra mile by doing these things<br />

you’re revealing your ambition, self-motivation<br />

and proactiveness through the way you work.<br />

These qualities are present in senior leaders<br />

across all professions so making sure they shine<br />

through is key to advancing your role.<br />

While you can’t write a prescriptive list<br />

detailing you how to get to the top in credit<br />

management, acting on the above points will<br />

ensure you are doing what you can to reach your<br />

potential. Along with personal traits, strategic<br />

career moves and the occasional bit of luck,<br />

you can propel yourself to where you want to<br />

be while contributing to a workforce that works<br />

harder and smarter and gets better results.<br />

Karen Young is Director at Hays<br />

Credit Management.<br />

The Recognised Standard / www.cicm.com / <strong>May</strong> <strong>2019</strong> / PAGE 54 The Recognised Standard / www.cicm.com / <strong>May</strong> <strong>2019</strong> / PAGE 55

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