The GICP has published the latest edition of ‘A Guide to Careers in Credit’.  The guide is designed to help credit professionals understand where skills premiums are emerging, how roles are evolving, and how to position for opportunity amid today’s market dynamics and employer expectations.

The guide reflects a fast-shifting landscape shaped by higher-for-longer rates, the 2025–2027 refinancing wall, fluid career paths across sell side, buy side, private credit, risk and fintech, and rising expectations for communication, stakeholder management and ethics alongside core credit fundamentals.

What’s new:

• Increased use of AI in credit:
  • The guide spotlights AI literacy and LLM application skills as key to improving speed and accuracy.
  • It details growing competencies in AI/ML for credit risk, including GenAI for data extraction/analysis and workflow optimization, plus AI/NLP tools for transcripts, filings and sentiment feeds used in production and research delivery.
• Growth of private credit:
  • Private credit expansion is reshaping traditional career ladders, creating new mid-career entry points and boosting hiring in direct lending, special situations, origination, structuring and portfolio monitoring.
  • Market factors show increased competition for talent from private credit and hedge funds, lifting salaries in these areas, with private credit expertise commanding a premium.
• Increased regulation in credit:
  • The guide highlights regulator demands (Basel III Endgame, ECB, Fed, FINMA) entering the credit agenda.
  • Hiring trends underscore demand for talent with regulatory awareness, AI model oversight and automation skills amid stronger oversight of disclosure and transparency.

Also inside:

• Essential skills for the future of credit.
• Career and learning and development pathways.
• ‘What to watch’ sections highlighting key trends and market opportunities.
• Compensation data for key roles and regions.

Explore the full guide to build a clear, long-term career pathway from early roles to senior leadership in credit.

Get your copy here.