Credit Risk Analyst

LGBT Jobs; Manchester; Hybrid; GBP 45,000 - 56,000; Full time

Benefits offered by this job

Up to 7.5% employer pension contrib

Life assurance

Holiday Purchase Scheme

Sharesave Scheme

Electric Vehicle Scheme

Learning & development opportunities

Employee discounts

Job summary

Premier Foods is seeking a Credit Risk Analyst in Manchester to assess and manage customer credit risk across a diverse portfolio. You will provide insights that balance commercial opportunity with risk management, influencing decisions across Credit & Collections, Commercial and Finance teams.

You will review financial statements, assess risk, set limits and terms, and contribute to governance, controls and continuous improvement within Financial Operations.

Qualifications

• Experience within Credit Risk, Credit Underwriting, Credit Management or Commercial Credit environments.
• Strong financial analysis skills, including reviewing balance sheets, profit and loss accounts and cash flow information.
• Experience assessing customer creditworthiness and managing credit exposure.
• Strong understanding of credit risk principles and working capital management.
• Excellent analytical and problem-solving capabilities.
• Confidence communicating recommendations and influencing stakeholders.
• Strong attention to detail and sound commercial judgement.
• The ability to manage multiple priorities and make effective decisions in a fast-paced environment.

Responsibilities

• Conduct end-to-end credit assessments for new and existing customers, including due diligence, credit checks and risk evaluation.
• Analyse financial statements, management accounts, payment performance, credit agency reports and external market intelligence.
• Assess customer creditworthiness and make recommendations on credit limits, payment terms and risk classifications.
• Manage and monitor a portfolio of customer accounts, identifying changes in risk exposure, payment behaviour or financial performance.
• Conduct regular credit reviews and recommend appropriate actions based on changing risk profiles and business exposure.
• Identify emerging risks and early warning indicators, ensuring issues are escalated appropriately and in a timely manner.
• Partner with Credit & Collections to support effective credit decisions, collection strategies and working capital performance.
• Work with Commercial teams to balance growth opportunities with prudent risk management.
• Provide analysis and recommendations on high-risk, complex or deteriorating customer accounts.
• Maintain accurate customer credit data, documentation and audit trails in line with governance requirements.
• Support credit risk reporting, portfolio reviews and the provision of risk insights to stakeholders.
• Ensure compliance with Credit Policy, delegated authorities and risk management frameworks.
• Identify opportunities to strengthen processes, controls and governance standards through continuous improvement.

Skills

Credit Risk

Credit Underwriting

Financial Analysis

Credit Management

Commercial Credit

Creditworthiness

Risk Principles

Working Capital

Analytical Thinking

Stakeholder Communication

Attention to Detail

Tools

Dun & Bradstreet

Experian

Creditsafe

SAP

Job description

Based in Manchester City Centre with hybrid work option

Opportunity to work within Premier Foods' Finance organisation

Responsibilities include assessing and managing customer credit risk

Requirements include experience in Credit Risk and strong financial analysis skills

Based - Manchester City Centre, M2 6DN (Hybrid)

Permanent, Full Time

At Premier Foods, we've redesigned our Finance organisation to create a stronger, more specialised and future-focused operating model within Premier Business Services (PBS).

As part of this transformation, we're creating exciting opportunities for talented professionals to develop their expertise, broaden their experience and help shape the future of Financial Operations.

Supporting Growth Through Smarter Credit Decisions

Behind every successful customer relationship is a well-informed credit decision.

As a Credit Risk Analyst at Premier Foods, you'll play a key role in helping us balance commercial opportunity with effective risk management. Working across a diverse customer portfolio, you'll provide the insight and analysis that helps protect cash flow, minimise risk and support sustainable business growth.

You'll work closely with colleagues across Credit & Collections, Commercial and Finance teams, providing recommendations that influence decision-making and support some of the UK's most loved brands.

And this isn't just about reviewing financial statements and applying policy. It's about understanding the story behind the numbers, identifying emerging risks, asking the right questions and helping the business make better, more informed decisions.

Our redesigned team structure creates greater opportunities to build specialist expertise, develop deeper commercial understanding and contribute to the continuous improvement of how Financial Operations supports the business. You'll be part of a function that's investing in capability, embracing best practice and creating clear opportunities for development and progression.

If you enjoy combining analytical thinking with commercial awareness, you'll find plenty of opportunities to make an impact and develop your expertise with us.

What You'll Be Doing

You'll play a key role in assessing, monitoring and managing customer credit risk across our Accounts Receivable portfolio, helping ensure we make robust, commercially sound and well-governed credit decisions that support business growth while protecting cash flow and minimising bad debt exposure.

Working closely with Credit & Collections, Commercial and Finance teams, you'll provide insight and recommendations that support effective decision-making across the business.

Key responsibilities include:

• Conducting end-to-end credit assessments for new and existing customers, including due diligence, credit checks and risk evaluation.
• Analysing financial statements, management accounts, payment performance, credit agency reports and external market intelligence.
• Assessing customer creditworthiness and making recommendations on credit limits, payment terms and risk classifications.
• Managing and monitoring a portfolio of customer accounts, identifying changes in risk exposure, payment behaviour or financial performance.
• Conducting regular credit reviews and recommending appropriate actions based on changing risk profiles and business exposure.
• Identifying emerging risks and early warning indicators, ensuring issues are escalated appropriately and in a timely manner.
• Partnering with Credit & Collections teams to support effective credit decisions, collection strategies and working capital performance.
• Working closely with Commercial teams to balance growth opportunities with prudent risk management.
• Providing analysis and recommendations on high-risk, complex or deteriorating customer accounts.
• Maintaining accurate customer credit data, documentation and audit trails in line with governance requirements.
• Supporting credit risk reporting, portfolio reviews and the provision of risk insights to stakeholders.
• Ensuring compliance with Credit Policy, delegated authorities and risk management frameworks.
• Identifying opportunities to strengthen processes, controls and governance standards through continuous improvement.

What We're Looking For

We're looking for someone who enjoys analysing information, making recommendations and influencing decisions through evidence-based insight.

You'll bring:

• Experience within Credit Risk, Credit Underwriting, Credit Management or Commercial Credit environments.
• Strong financial analysis skills, including reviewing balance sheets, profit and loss accounts and cash flow information.
• Experience assessing customer creditworthiness and managing credit exposure.
• A strong understanding of credit risk principles and working capital management.
• Excellent analytical and problem-solving capabilities.
• Confidence communicating recommendations and influencing stakeholders.
• Strong attention to detail and sound commercial judgement.
• The ability to manage multiple priorities and make effective decisions in a fast-paced environment.

The following would be advantageous:

• Experience with tools such as Dun & Bradstreet, Experian or Creditsafe.
• SAP experience.
• Experience working within a shared services or centre of excellence environment.

What we offer in return

Joining Premier Foods means becoming part of a business where you'll be trusted to make an impact, develop valuable expertise and contribute to the success of a growing organisation. In return, we offer a competitive reward package including:

• Up to 7.5% employer pension contribution
• Life assurance
• Holiday Purchase Scheme
• Sharesave Scheme
• Electric Vehicle Scheme
• Extensive learning and development opportunities
• Employee discounts with hundreds of leading retailers

At Premier foods we believe in inclusion, authenticity and individuality. We aim to ensure all existing and future colleagues are given equitable opportunities and are respected, valued and encouraged to bring their true authentic selves to work no matter who they are, what they look like, who they love or what they believe in. Our culture is one where everyone is welcome.

We're proud to be a Disability Smart employer and are committed to supporting disability inclusion throughout our recruitment process. If you experience any access issues or require reasonable adjustments at any stage, please let us know so we can ensure you have the support you need.