Corporate, Commercial & Retail Banking · related to Corporate Banking Analyst

Project Finance Analyst

BriefYour role

L3 salary: Not published yetSalary figures open with the salaries section.
Upcoming dated changes: 7 changes aheadNext: 20 Nov 2026
Where the changes come from
Each change in the Regulatory calendar comes from an official text, linked on its page.
A change affects this role directly when it names a process that is one of the role's main tasks.
Top critical skills: Project and infrastructure finance
Credit analysis and creditworthiness
Investment appraisal (NPV, IRR)

What the role does

Project Finance Analyst is a role in Corporate, Commercial & Retail Banking. The family covers lending, relationship management and branch roles in banks. The core skill is project and infrastructure finance, and the main work is corporate finance and deals and credit risk and lending decisions.

This is a brief profile written from the catalogue. A full profile with a day in the life, level descriptions and the effect of AI is being written.

Levels

L1 Starting out 0-2 years
L2 Independent 2-5 years
L3 Senior or specialist 5-9 years
L4 Leads a team or an area 8-14 years
L5 Leads the function 12+ years

Full level descriptions and job titles

The EFO level names are the common scale; job titles differ between employers.

Levels of Project Finance Analyst
Level	What the work looks like	Typical years	Typical job titles
L1 Starting out	Learns the job; executes defined tasks with supervision	0-2	Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer
L2 Independent	Owns a process end to end; trains L1; first contact for the team's clients	2-5	Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer
L3 Senior or specialist	Deep expertise; handles exceptions and change; represents the function in projects	5-9	Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team)
L4 Leads a team or an area	Manages people or a large process; owns budgets or controls; escalation point	8-14	Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section
L5 Leads the function	Accountable for the function in a legal entity or region; sets priorities and standards	12+	Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director

Skills

The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.

Critical 4

The job cannot be done without these.

Project and infrastructure financeWeight 13.9%Anchor skillExpected level: practitionerRelevant to you
Credit analysis and creditworthinessWeight 9.3%Expected level: practitionerRelevant to you
Investment appraisal (NPV, IRR)Weight 9.3%Expected level: practitionerRelevant to you
Three-statement financial modellingWeight 9.3%Expected level: practitionerRelevant to you

Important and supporting skills 18

Important 9

Needed in most positions.

Reading client needs and dynamicsWeight 4.7%Expected level: practitionerRelevant to you
Commercial negotiationWeight 4.7%Expected level: practitionerRelevant to you
Account management and renewalsWeight 4.7%Expected level: practitionerRelevant to you
Lending products and loan structuringWeight 4.7%Expected level: practitionerRelevant to you
Advanced Microsoft ExcelWeight 4.7%Expected level: practitionerRelevant to you
Verbal communication and presentingWeight 4.7%Expected level: practitionerRelevant to you
Anti-money laundering regulationWeight 4.7%Expected level: practitionerRelevant to you
Commercial acumen and business senseWeight 4.7%Expected level: practitionerRelevant to you
FX risk and hedging instrumentsWeight 4.7%Expected level: practitionerRelevant to you

Supporting 6

Help in many positions.

Know your customer due diligenceWeight 2.3%Expected level: working knowledgeRelevant to you
Professional written communicationWeight 2.3%Expected level: working knowledgeRelevant to you
Client service mindsetWeight 2.3%Expected level: working knowledgeRelevant to you
Risk judgment and escalation instinctWeight 2.3%Expected level: working knowledgeRelevant to you
Financial statement analysis and ratiosWeight 2.3%Expected level: working knowledgeRelevant to you
Building a commercial proposalWeight 2.3%Expected level: working knowledgeRelevant to you

Useful 3

Occasionally useful.

Querying data with SQLWeight 0.8%Expected level: working knowledgeRelevant to you
Conduct and investor protection rules (MiFID II, FINRA, SEBI)Weight 0.8%Expected level: working knowledgeRelevant to you
Persuasion and influenceWeight 0.8%Expected level: working knowledgeRelevant to you

Processes

The work the role takes part in.

What each process covers

Corporate finance and dealsMainM&A, capital markets, valuation and due diligence.
Credit risk and lending decisionsMainAssessing borrowers, setting limits and provisioning for expected losses.
AML transaction monitoringSupportingDetecting and reporting suspicious activity.
Loan servicing and agencySupportingAdministering loans after signature: drawdowns, repayments, syndicate agency.
Treasury and cash managementSupportingManaging cash, funding and currency risk for the firm or its clients.

Dated changes for this role

20 Nov 2026Second Consumer Credit Directive appliesRelevant to you
5 Dec 2026Listing Act: multiple-vote share structures for SME growth marketsRelevant to you
1 Jan 2027CRR3 output floor rises to 60 percent in 2027 and 65 percent in 2028Relevant to you
1 Jan 2027FINMA circular on nature-related financial risks phases inRelevant to you
1 Jan 2027UK Basel 3.1 rules take effectRelevant to you

Worth knowing

Changes that touch a process this role takes part in as a secondary task.

1 Jan 2027ECB Pontes: DLT settlement in central bank money
28 Feb 2027UK cryptoasset regime: application window and start date
1 Jul 2027AMLA selects banks and firms for direct EU supervision
10 Jul 2027EU Anti-Money Laundering Regulation starts to apply
1 Sep 2027CHAPS settlement to start at 01:30

See all 13 in the Regulatory calendar

Salary snapshot

Salary figures are not published yet

The L3 salary range for this role, with its sources, will appear here when the salaries section opens.

Certifications

CFA Program Level I CFA Institute
ACCA Qualification ACCA

Concepts to know

Neighbouring roles

Roles that need many of the same skills, by weighted skill overlap, with the skills you would need to add.

Trade Finance Analyst

62% skill overlap

To add: Trade finance instruments (letters of credit, guarantees, collections), Logistics, transport and incoterms, Financial markets knowledge

Your role

Corporate Banking Analyst

62% skill overlap

To add: Treasury and cash flow management, Payment systems and messaging (SWIFT, ISO 20022, SEPA, ACH, UPI), Financial markets knowledge

Your role

Relationship Manager (Corporate & Business Banking)

61% skill overlap

To add: Treasury and cash flow management, Payment systems and messaging (SWIFT, ISO 20022, SEPA, ACH, UPI), Financial markets knowledge

Your role

Transaction Banking Analyst

57% skill overlap

To add: Cash management and transaction banking products, Payment systems and messaging (SWIFT, ISO 20022, SEPA, ACH, UPI), Treasury and cash flow management

Your role

Loan Officer (Retail & SME Lending)

39% skill overlap

To add: Mortgage and consumer credit underwriting, Retail banking products and needs-based selling, Consumer credit and consumer duty rules (CCD, Consumer Duty, TILA)

Your role

Debt Capital Markets Analyst

35% skill overlap

To add: Financial markets knowledge, Derivatives and how they work, Bloomberg Terminal / market data

Your role

Do this job? Suggest a correction

Sources

The EFO role catalogue, with skills, levels and processes. How it is built
ESCO classification of the European Commission (external site) for job titles