£50,000 to £55,000
Reference: 3174
Think Accountancy and Finance are delighted to have been asked to support a business in the recruitment of a Credit Manager for a brand-new team! This is a great opportunity for someone who wants to be part of setting up a department and taking ownership of the new department.
They offer a hybrid working and a bonus on top of a competitive salary.
The client is looking for an experienced Credit Manager with a Financial Services background to support the company’s growth strategy the business. The role will sit within the newly created Credit Management function within the wider Finance department. The position will assist the Head of Credit Management with the management of operations within the team. The successful candidate will be primarily responsible for the credit approval and on-going credit monitoring of the customer base.
Role overview:
- Reviewing credit limit requests for new business and existing customers
- Preparation of credit reviews including proposed recommendation for onward
approval by the relevant sanction point
- Ensuring own credit decisions/recommendations and those proposed by the Credit
Analysts are appropriately justified and completed in line with the Credit Risk policy
- Management of credit requests to ensure new business/increased credit limit
requests are completed within the set service level agreements
- Management of annual reviews to ensure they are completed as they fall due
- Approval mandate of up to £1m for lower risk rating credit limit requests
- Ensuring the Credit Analysts undertake the Early Warning Indicator monitoring
- Ensuring the Credit Analysts undertake the regular monitoring of the customer
portfolio
- Ensuring steps are taken to mitigate credit risk exposure and appropriate escalation
made to the Head of Credit Management
- Monitoring of credit limit breaches and subsequent rectification
- Provide four-eyes on Agreement In Principle requests for higher risk/larger new
business opportunities
- Collaboration with the managers within Commercial and Funding to ensure the
smooth running of business operations
- Participation in direct dialogue with customers for higher risk/complex opportunities
- Collaboration with Credit Control to assist with problematic payers
- Escalation point for Know Your Customer and Anti-Money Laundering checks
- Provide support to and deputise for the Head of Credit Management
My client is looking for someone with a minimum of 5 years experience with specific experience in the finance sector.
Experience required:
- Equivalent credit experience assessing corporate customers
- Competent credit limit mandate holder or proven track record of submitting
successful credit recommendations
- Track record of operating within credit risk guidelines
- Strong understanding of Know Your Customer/Anti-Money Laundering regulations
- Advantageous to be CICM qualified
- Preferably holds a relevant degree/professional qualification
Our client is looking for someone who wants to take control of this team, building it from the bottom up. Other key requirements include:
- Supervisory/management experience
- Strong attention to detail
- Interpretation of guidelines to ensure the appropriate balance between credit risk and
maximising commercial opportunity
- Excellent communication skills
- Microsoft Office skills
- Team workload management
Looking for the next step in your career? Think Specialist Recruitment.
Think Specialist Recruitment is an independent support staff recruitment agency based in Hemel Hempstead and working across the Herts, Beds and Bucks area. We specialise in permanent, temporary and contract recruitment with areas of expertise including: administration, customer service/call centre, PA/secretarial, human resources, accountancy and finance, sales admin/sales support, marketing and IT Helpdesk/IT support.
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