J3034 - Our client is seeking a Credit Manager, Flow to underwrite small value, high volume deals as well as assume responsibility for some of the default agreements. Underwriting volume is approx 8-10 cases daily.
Salary: £40,000 - £50,000 plus excellent bonus and benefits. Location: UK, S Eng (Remote).
Oversight of approval of SME debt written in conjunction with credit frameworks set by funding partners.
Assist Business Development Manager in ISO credit worthiness and provide recommendations to funding partners
Ensuring that market best practice portfolio management principles are applied to all debt with the aim of minimising bad debts.
Manage default termination agreements and liaising with external advisors to maximise the recovery of bad debts where appropriate.
Involvement with large credit cases.
Attend and report Monthly to MD and Funder Head of Credit.
Keep up to date with market, customer trends and competition.
Sound experience of commercial/SME lending, having operated in an active lending organization with associated risk assessment skills; or
Underwriting experience including the ability to use credit tools to support credit recommendations; or
Experience in the UK payments industry obtained in the acquirer, manufacturer or distribution sectors; and
Strong financial and Microsoft Excel skills.
Educated to degree level, ideally supported by a professional qualification in accountancy, banking or risk management.
We strongly favour applicants with proven, relevant experience in Financial Services; particularly in Asset Finance and Leasing.
Applicants will only be considered with relevant in-country experience.