Underwriting and Legal Assistant

2 days ago


Yeovil, Somerset, United Kingdom Screwfix Full time

Overview

Screwfix is seeking an Underwriting and Legal Assistant to join its Trade UK team. As part of the Operational Finance team, this role will support the management of existing customers' debt, ensuring the onboarding of new business is done correctly while managing risk.

Responsibilities

  • Work closely with customers, stores, and B2B teams to build relationships, support new applications, credit limit increases, and other general account queries.
  • Provide advice and guidance on credit applications and risk in accordance with the credit policy, supporting new credit applications and increases in line with the policy and making recommendations to the Trade Credit Underwriting and Legal Specialist.
  • Obtain and evaluate customer information from various financial agencies to assess credit risk and worthiness.
  • Investigate suspected fraud matters, working with Trade UK and loss prevention teams to identify potential fraud and assist with wider fraud prevention strategies.
  • Liaise with stores and delivery partners for disputes, manage reporting, and ensure high levels of recovery.
  • Support producing internal reporting on account performance, aged debt, forecasting, and KPIs.
  • Prepare accounts for legal action and provide instructions to legal collection partners throughout the collection and recovery process.
  • Support projects and initiatives to improve existing processes and the customer journey.
  • Ensure all standard operating procedures are complete and updated annually.
  • Ensure compliance with Group Financial Reporting Manual and Screwfix internal controls.
  • Identify process improvement opportunities as part of Screwfix Smart Working.

Qualifications

  • Experience working with credit limits (underwriting/credit vetting) or accounts receivable is advantageous.
  • Excellent interpersonal skills and ability to communicate effectively across the business and with third parties.
  • Intermediate Excel skills as a minimum.
  • Financial acumen to analyze and interrogate high volumes of data to guide decisions, with attention to detail.
  • Knowledge of Microsoft Dynamics or Coda is advantageous.
  • Ability to develop solutions to problems and identify process improvement opportunities.

What's in it for me?

Screwfix offers a range of benefits to support your wellbeing, including a subsidised canteen, free parking, and a parental leave policy. Other benefits include an award-winning pension scheme, discounts at Screwfix and B&Q, and award-winning apprenticeship schemes.

Sustainability at Screwfix

Screwfix is committed to building a better future for its community and the planet. The company is working to eliminate carbon emissions, reduce and recycle waste, source responsibly, keep products in use for longer, sell more sustainable products, and provide sustainable packaging.



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