|CAREERS IN LEASING|
|Salary:||£45,000 - £55,000 plus excellent bonus and benefits|
|Location:||UK, Gtr London / SE Eng|
|Job Function:||Credit Risk & Collections|
|Asset Type / Sector:||All Assets / Sector|
|Job Description :||Ref: J2168 - Our client is seeking a Credit Manager (Middle Ticket) -UK, Gtr London / SE Eng to assume responsibility for the expert evaluation and underwriting of all business channels, in line with risk policies. You will maintain and promote good governance, credit processes and agreed service levels for all business origination, approvals, collateral, and management of bad debt where and when necessary.
Analyse credit data and financial statements to determine the degree of risk involved in extending credit in all business channels from sales-aid leasing/flow business to mid-ticket transactions.
Interpret and evaluate internal and external credit reference agency, broker and market reports to determine the degree of risk involved in extending credit. Confer, consult and undertake due diligence meetings with both internal and external credit associations and other business/customer representatives to clarify credit/collections information.
Generate and evaluate financial ratios, using internal credit tools, to evaluate customers' financial status and where necessary undertake benchmarking to compare liquidity, profitability and credit histories of customer’s being evaluated with those customers within a similar or the same industry and geographic locations.
Interpret and evaluate collateral curve analysis, inline with market, sector, and portfolio considerations to determine the degree of risk involved in extending credit.
Prepare domestic and external risk reports that include the degree of risk involved in extending credit for all mid-ticket business channel transactions with clear, concise and rational recommendations for the credit decision.
Maintain compliance with all leading industry guidelines and statutory regulations include consumer credit, anti-money laundering and data protection.
Review existing transactions periodically to include the evaluation of payment history, purchase activity, collateral curve analysis, market/broker intelligence and prepare recommendations for the renewal of internal credit ratings/facilities.
Review current and non-current customer/supplies/third party introductory sources, in conjunction with Collections, to identify and limit the extent of delinquent accounts.
The ideal candidate will have a minimum of 2 years of credit experience, ideally with time spent analysing and interpreting financial statements/data from a variety of industries and commercial backgrounds.
Excellent analytical skills tempered with a sense of commerciality and business focus.
Good knowledge of the asset finance industry and the various product offerings and types of funding facilities available.
Ability to competently and confidently analyse unsecured transactions in both the small and mid-ticket sector.
Ability to communicate clearly, concisely and efficiently both verbally and in writing to peers and senior management alike.
Good experience in credit, credit analysis and underwriting of small and mid-ticket essential with some consumer experience being of benefit.
Good experience in Risk assessment of structured lending/cash flow lending based transactions.
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.