Senior Credit Analyst (With progression) - Hybrid working

ZipRecruiter; London; Hybrid; GBP 75,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Credit Analyst to lead a dynamic team within their Credit Risk Team in London. This newly created role offers a unique opportunity to manage credit relationships and establish credit limits while working in a hybrid environment. The ideal candidate will have over five years of experience in Credit Risk, preferably within Banking or Financial Services, and possess strong analytical and communication skills. Join a reputable firm that values growth and offers a competitive salary along with excellent benefits.

Benefits

Car allowance

Bonus

Good benefits

Qualifications

• 5+ years of experience in Credit Risk, ideally in Banking or Financial Services.
• Degree educated or equivalent professional credit qualification.

Responsibilities

• Lead a team managing credit relationships and exposure.
• Establish credit limits and monitor compliance with policies.
• Coordinate with internal and external stakeholders on credit issues.

Skills

Credit Risk Management

Trade Finance Knowledge

Financial Analysis

Team Leadership

Communication Skills

Education

Degree in Finance or related field

Professional credit qualification

Job description

Job Description

Senior Credit Analyst (Lead)

London / Hybrid working

£75,000 - £90,000 + car allowance, bonus and good benefits

This is a newly created role leading a team of 2 within the Credit Risk Team in London for a very reputable business that is experiencing growth. Looking for someone to manage credit relationships, facilitate and support the establishment of credit limits and monitor credit exposure in line with Global Credit Policy.

• Liaison between the different business units and group in the U.S. to establish and manage credit limits to meet business needs.
• Establish credit terms, methods of payment, and agreed level of exposure consistent with policy.
• Obtain and manage payment security as required by Credit Evaluations
• Produce and monitor daily over credit limit report ensuring trading is conducted within approved credit, limit taking appropriate action where required.
• Support Collections, Finance, Marketing and Trading functions to ensure prompt resolution of payment defaults communicate & work closely with business units to mitigate credit risk
• Co-ordinate with customers and banks for required security such as Letters of Credit or Parent Company guarantees.
• Prepare and submit requests for Letters of Credit ensuring all necessary approvals are obtained; monitor draw-down against trade credit facilities with relationship banks.
• Monitor closely the termination of exposure and release of security to ensure that appropriate security is in place as required.
• Maintenance of online or paper Credit Files, with audit trail of Credit approvals, in compliance with agreed SOX processes.
• Maintenance of security held to ensure validity and fit for purpose. Manage doubtful debt provision in respect of customer portfolio. Creation and review of periodic reports upon credit functional performance for treasury management within agreed time format and in line with expectations.
• Escalate analysis and risk issues to other stakeholders in a timely and informative manner.
• Represent Credit Group in both internal and external meetings when and where required.
• Partnering with sales functions to support business opportunities within treasury parameters, managing risk and reward appropriately.
• Raise the condition type for sales and purchase prepayments, in a timely basis, coordinating the other stakeholders when issues on tickets arise.

Requirements

• Ideally 5 years + experience working within Credit Risk
• Experience of working within either Banking / Financial Services / Energy sectors
• Knowledge of trade finance is essential
• Previous supervisory experience is preferable
• Degree educated or professional credit qualification or equivalent