Credit Manager

DF Capital; Manchester; On-site; GBP 55,000 - 70,000; Full time

Job summary

A financial services provider located in Manchester is looking for an experienced Credit Manager to join their credit team. This role requires a minimum of 5 years in commercial lending, particularly in asset-based lending. The successful candidate will conduct thorough credit analysis, evaluate collateral, and structure complex loan transactions. Additionally, strong financial acumen and risk assessment skills are essential. The position offers a dynamic work environment and competitive benefits including private medical insurance and a generous pension scheme.

Benefits

Private medical insurance

10% Employer pension contribution

30 days annual leave

Free Gym Membership

Discretionary annual bonus

Discretionary share awards

Life Assurance

Income Protection

Cycle to Work scheme

Volunteering leave

Vibrant office in Ancoats

Qualifications

• 5+ years in commercial lending or similar roles.
• Deep understanding of financial statements and cash flow.
• Proven ability to structure and underwrite complex loans.

Responsibilities

• Conduct credit analysis and risk assessment for borrowers.
• Evaluate collateral quality and liquidation value.
• Structure complex funding transactions with business development.

Skills

Financial analysis

Risk analysis

Collateral monitoring

Communication skills

Problem-solving

Job description

At DF Capital, we champion banking for ambition. As an award-winning provider of commercial finance and savings, we empower depositors and small businesses with financial solutions tailored to fuel their growth. Headquartered in Manchester, our team of over 160, serves thousands of customers across the UK, transforming savings into new opportunities for businesses to thrive.

We’re passionate about helping our customers succeed. As we expand our retail and commercial lending products, we remain committed to meeting their evolving needs and supporting their ambitions every step of the way.

OUR STORY

Founded in 2016, DF Capital was born with a focus on distribution finance - providing dealers, distributors, and manufacturers with the funding they need to stock, display, and sell products, without straining cash flow.

Since then, we’ve delivered over £3.5bn of funding across diverse sectors. From motorhomes and machinery to motorbikes and lodges, we’ve financed all shapes and sizes of commercial vehicles and automobiles (no planes or trains - yet). We listed on the Alternative Investment Market of the London Stock Exchange in 2019.

BECOMING A BANK

In 2020, we became a fully authorised bank, extending our offering with savings products for retail depositors. We’re proud of our strong customer service, consistently achieving high satisfaction scores - like our current average rating of 4.8/5 from 1,200+ reviews, which also earned us a Platinum Trusted Service Award. The deposits we receive fuel UK businesses through our commercial lending, creating a virtuous cycle of growth.

WHERE WE’RE HEADED

Our goal is simple: to be the best bank - for our customers and each other. We put customer needs first, continuously looking to improve our proposition on their feedback. We aim to help more customers in more ways while continuing to deliver exceptional service.

How do we achieve this? By hiring people who care deeply about doing the right thing, we’ve been recognised as ‘World Class to Work For’ by Best Companies, and we're proud of our inclusive, sustainable, and progressive workplace.

OUR CULTURE

DF Capital is a very special place to work. We have an amazing team who commit themselves each and every day to bring our ambitious growth plans to life. We’ve achieved much on our journey so far, but I believe we have our best days ahead of us.

We’ve established a unique culture that is built on a virtuous circle where engaged and empowered employees, who are powered by a shared purpose, deliver great outcomes for our customers, our communities, the environment and ultimately our shareholders. This is why we are rated a world class place to work and are amongst the best companies to work for in the UK.

We are looking for…

A highly skilled and analytical Credit Manager with Commercial Asset-Based Lending experience to join our dynamic credit team. The Credit Manager plays a critical role in evaluating and assessing the creditworthiness of potential borrowers, with a focus on loans secured by corporate assets such as accounts receivable, inventory, and equipment.

To be successful in this role you will need strong financial acumen, risk analysis skills, and a comprehensive understanding of ABL structures and collateral monitoring.

RESPONSIBILITIES AND DUTIES

Other duties may be assigned outside of the following duties and responsibilities:

• Credit Analysis and Risk Assessment: Conduct thorough financial analysis of prospective borrowers, including historical and projected financial statements, cash flow, business models, and management teams, to determine loan eligibility and structure.
• Collateral Evaluation: Analyse and assess the quality and liquidation value of proposed collateral (A/R, Inventory, Equipment) using appraisal reports, field audits, and industry data to establish appropriate borrowing base and advance rates.
• Deal Structuring: Work closely with Business Development colleagues to structure complex funding transactions, ensuring terms mitigate risk for the lender while meeting the borrower's capital needs.
• Credit Assessment Preparation: Prepare detailed and persuasive credit approval reviews, outlining the transaction, borrower analysis, risk assessment, mitigants, and recommended terms, for presentation to managers and credit committee.
• Compliance & Policy Adherence: Ensure all underwriting activities comply with regulatory requirements, internal credit policies, procedures and SLAs.
• Collaboration: Liaise effectively with Business Development, Portfolio Management, Legal Counsel, and clients to gather necessary information, clarify uncertainties, and facilitate a smooth closing process.
• Market Awareness: Stay current on industry trends, economic conditions, and regulatory changes.

REQUIREMENTS

• 5+ years in commercial lending (or similar roles) to small & medium sized businesses with experience in trade finance or Commercial Asset-Based Lending, including invoice finance.
• Deep understanding of financial statements, cash flow and collateral analysis.
• Proven ability to structure and underwrite complex commercial loan transactions.
• Excellent written and verbal communication skills, with the ability to articulate complex financial concepts and risk assessments clearly.
• Strong analytical, problem‑solving, and decision‑making skills with high attention to detail.

• Private medical insurance for you and your partner/family
• 10% Employer pension contribution
• 30-day annual leave entitlement plus Bank/Public Holidays
• Free Gym Membership
• Discretionary annual bonus
• Discretionary share awards
• Life Assurance
• Income Protection
• Save As You Earn company share acquisition scheme
• Tax efficient salary sacrifice scheme to obtain bicycles and electric vehicles
• 4 days of paid Volunteering leave to support our local communities
• Vibrant, bespoke designed offices in Ancoats (Manchester)