Corporate Credit Manager
£45K-£50K + car scheme
Once a week Coventry/ Slough
The Corporate Credit Manager will be involved in conducting credit reviews on new and existing customers that have a credit exposure or a credit limit above £100,000. This involves liaising with the credit and collections team, analysing financial data, and collaborating with internal and external stakeholders to ensure sound lending strategies and efficient risk mitigation.
Key Responsibilities:
* Reviewing financial statements, credit reports, and payment history to evaluate the risk of extending credit to new or existing customers.
* Establishing and enforcing credit limits for new and existing customers within agreed mandates.
* Annually managing and reviewing all corporate customers to ensure compliance with credit policies.
* Preparing and finalizing credit dossiers for submission to higher level approvers such as Credit Committees at local and HQ levels.
* Working with other business areas such as Sales and Finance to produce detailed credit dossiers.
* Chairperson for the weekly corporate underwriting meeting involving other stakeholders in the business.
* Ensuring Credit Underwriting Guidelines are followed including KYC and AML.
* Monitor and manage credit limits and exposures to minimize risk while supporting business growth.
* Building a strong working relationship with our credit reference bureaus
* Reviewing credit application documents prepared by other members of the credit team and granting approvals within agreed mandates, or declining / requesting further information as required.
* Ensuring that in-house Credit Underwriting Guidelines are followed in the preparation of credit reviews and the management of customers and their data.
Key Requirements:
* Degree and 3+ years' corporate credit evaluation role, with a personal mandate to approve credit limits ideally in automotive or consumer finance.
* Experience in corporate credit management or a similar financial role, with commercial credit underwriting experience preferred
* Strong analytical, problem-solving and communication skills.
* Familiarity with UK/FCA regulations and best practices in credit-risk management.
* PC literate, specifically in Excel, Word, Access and PowerPoint.
* Able to interpret financial statements, write credit reviews, and make recommendations about credit limits and consider securities as risk mitigation tools
*No sponsorship available*
Send your CV to nmohamedmerje
Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.