Invoice Finance Credit Manager

Paragon Bank; Southampton; Hybrid; GBP 40,000 - 65,000; Full time

Job summary

A leading bank in the UK is searching for an experienced Invoice Finance Credit Manager. The successful candidate will play a key role in underwriting applications, managing portfolio risks, and building client relationships while working in a hybrid environment. Paragon Bank supports diverse and inclusive work culture and offers generous benefits, including a flexible working model, holiday allowance, and employee discounts.

Benefits

Generous Holiday Allowance

Share Save Scheme

Profit Related Pay

Pension Plan

Family Friendly policies

Employee Discounts

Volunteering Day

Life Assurance and Personal Accident Cover

Qualifications

• Ability to assess proposals accurately and structure them to support customers.
• Experience working in direct and broker origination models.
• Good ability to manage customer risk from onboarding to offboarding.

Responsibilities

• Underwrite new business and existing portfolio applications promptly.
• Assess recommendations to highlight and mitigate key portfolio risks.
• Attend weekly meetings to manage IF portfolio risk.

Skills

Expert lending experience within Invoice Finance

Data analysis skills

Commercial decision-making skills

Report writing skills

Job description

A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK, and we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Invoice Finance Credit Manager looking for an opportunity to grow in a friendly environment, we’re looking for you!

We’re flexible, inclusive, committed to your wellbeing, and passionate about you reaching your potential. Let’s grow together …

What you’ll be doing

1. Underwrite new business and existing portfolio applications, delivering decisions promptly and in line with Credit policy and risk appetite.
2. Assess new business recommendations, providing expert knowledge to support operations and manage portfolio risk, ensuring key risks are highlighted and mitigated according to risk appetite and credit policy.
3. For proposals exceeding your approval mandate, submit a credit paper with analysis and narrative to the appropriate mandate holder.
4. Attend weekly portfolio and compliance meetings to stay updated on client issues and manage IF portfolio risk, escalating to the Senior Credit team as necessary.
5. Build effective relationships within SME Lending and the Bank, attending client visits as required.
6. Work with the IF team to offboard clients in default, aiming to mitigate losses.

About You

What you’ll bring to the team

1. Expert lending experience within Invoice Finance, with understanding of all debtor financing options.
2. Ability to assess proposals accurately and structure them to support customers while mitigating bank risks.
3. Strong data analysis skills to reach decisions quickly within SLA targets.
4. Experience working in a direct and broker origination model supporting sales teams.
5. Commercial decision-making skills aligned with credit policy.
6. Good report writing skills for credit papers reviewed by senior managers.
7. Ability to manage customer risk from onboarding to offboarding due to default.

Even if you don’t meet all criteria, we encourage you to apply. At Paragon, we value diversity and are eager to hear from passionate individuals like you! If you’re ready to contribute, please apply.

Further details can be found in the Purpose and Performance Profile (PPP), available for download on this page.

Working hours

This is a full-time role, Monday to Friday, 8:30 am to 5:00 pm, with a hybrid model requiring at least 2 days in our Southampton office.

Inclusion

As a Disability Confident Employer, we ensure our vacancies are accessible. If you have a disability, long-term health condition, or are neurodiverse needing adjustments in our recruitment process, please contact our recruitment team.

About Us

What can we offer you?

• Generous Holiday Allowance: starting at 27 days, increasing to 30, plus days off for your birthday, Christmas Eve, and New Year’s Eve. You can buy or sell up to a week’s leave.
• Share Save Scheme: opportunity to buy shares at a discounted rate annually.
• Profit Related Pay: sharing a portion of annual profits with eligible employees.
• Pension Plan: employer contributions up to 10% of your salary.
• Family Friendly policies: enhanced parental pay and paid leave for fertility treatments.
• Employee Discounts: on entertainment, travel, shopping, motoring, and more.
• Volunteering Day: one day per year to support causes you care about.
• Life Assurance and Personal Accident Cover.

Be flexible

We support flexible working arrangements and operate a hybrid model to promote work-life balance.

Be yourself

We value diversity and inclusion, encouraging you to bring your whole self to work. Our Equality, Diversity, and Inclusion Network actively promotes an inclusive culture.

Be heard

Our People Forum and employee surveys ensure your voice is heard and your feedback influences our future.

Be well

Access tools and resources for wellbeing, including a digital GP, wellbeing team support, and discounted gym memberships through our Vitality at Work program.

Be better

We support your development with personalized plans to help you reach your potential, as part of our commitment as a Platinum Investors in People employer.