Cabot Credit Management Launches A Unique Training Scheme
Cabot Credit Management (CCM) has launched a unique training programme for four budding analysts – three external and one internal.
The programme, which started in April, will last for a period of two years and each candidate will spend six months in four different departments – Decision Science, Pricing, Collections Strategy and Management Information.
Andrew Hughes, Head of Collections Strategy for Cabot Credit Management, who is heading up the programme, explained why they are launching the scheme: “It is becoming increasingly challenging to find experienced and skilled analysts to work in our Risk department. We decided to tackle this head on and train up our own staff.”
The three external candidates, Elisavet Stratigi, Solonas Kyprou and Elvy Manun’Ebo were chosen from 120 graduates and ex-graduates through a structured graduate selection programme, provided by specialist analytics consultants CVM People Limited. They have all been given permanent roles and start as Junior Risk Analysts with the appropriate salary and benefits. The fourth candidate, Luke Gould, has been selected from a number of internal applicants and started on 6th May as he had already had his official induction when he joined the business.
Alan Finlay, Managing Director of CVM People, said: “This is the first programme we have set in motion for a large corporation and we worked closely with a number of leading Universities to find the appropriate candidates. We believe this is an excellent way for any graduate or non-graduate to progress their career.”
At the end of the scheme the candidates will be offered full time risk positions which will be detailed according to the demand at the time.
Hughes added: “This is the first programme to take place and depending on resources and its success will determine when the next one will occur. It could be as soon as 18 months.”
This scheme follows CCM’s recent achievement as being listed 95th in the Sunday Times Top 100 Companies to Work For – 2013 and achieving Investors in People Gold (accredited for three years).
For further information, please contact:
PR Manager, Cabot Credit Management
Tel: +44 (0) 7780 495082