Risk Manager - 18 month contract

Richmond, United Kingdom
07 Sep 2022
27 Sep 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Our client is looking for a Risk Manager who will be responsible for the expert evaluation and underwriting of all business channels, in line with agreed domestic and central risk policies, individual and domestic discretions. You will be responsible for maintaining and promoting good governance, credit processes and agreed service levels for all business origination, approvals, collateral, and management of bad debt.
Specific Responsibilities:
  • Investigate credit data and financial statements to control the degree of risk involved in extending credit in all business channels from sales-aid leasing/flow business
  • Interpret and assess internal and external credit reference agency, broker and market reports to determine the degree of risk involved in extending credit. Discuss and undertake due diligence meetings with both internal and external credit associations and other business/customer representatives to clarify credit/collections information as and where necessary
  • Produce 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 customers
  • Interpret and evaluate collateral curve analysis, in line with market, sector, and portfolio considerations to determine the degree of risk involved in extending credit
  • Prepare domestic and external risk reports
  • Maintain compliance with all leading industry guidelines and statutory regulations including 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
  • Evaluate current and non-current customer/suppliers/third party introductory sources, in conjunction with Collections
  • Complete all risk reports within agreed service levels and the ongoing monitoring and annual review of vendor programmes
  • Regular updating of internal risk systems, including risk monitoring systems
  • Attend business screening meetings with front office providing provisional risk comments on potential transactions.
  • Co-ordinate the credit process of assigned transactions, communicating with the necessary front office and marketing/sales/broker as appropriate
  • Participate in ongoing personal development to deliver on business/personal objectives

Skills, Competencies & Personal Qualities:
  • 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
  • Hold excellent analytical skills tempered with a sense of commerciality and business focus
  • Have a good knowledge of the asset finance industry and the various product offerings and types of funding facilities available
  • 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 ticket deals essential with some consumer experience being of benefit
  • Good experience in Risk assessment of structured lending/cash flow lending based transactions
  • Good Microsoft Word and Excel skills
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