Wholesale Credit Risk Manager

2 weeks ago


Slough, Slough, United Kingdom THC Recruitment Full time
Salary: 45k plus 2x cars and great benefits

Title: Wholesale Corporate Credit Manager

Location: Slough

Job Purpose:

As a key member of the Corporate Credit team, the Wholesale Credit Underwriter plays a crucial role in managing credit risk on new and existing customers with large exposures. Reporting directly to the Corporate Credit Senior Manager, this role requires a strong understanding of credit risk management and the ability to interpret financial statements.

The Role:

  1. Conducting thorough credit reviews on new and existing customers to assess their creditworthiness.
  2. Spreading customer accounts and obtaining credit grades to inform credit decisions.
  3. Preparing comprehensive written credit reviews for submission to credit approvers.
  4. Reviewing credit application documents and granting approvals within agreed mandates or declining/requesting further information as required.
  5. Ensuring adherence to in-house Credit Underwriting Guidelines in the preparation of credit reviews and management of customers and their data.
  6. Ensuring all relevant documentation is retained and customer files are 'audit ready' at all times.
  7. Monitoring customers and responding appropriately to credit alerts.
  8. Participating in department planning and risk meetings to ensure timely compliance with the Corporate Credit Department's objectives and deadlines.
  9. Liaising with the Dealer Finance and Sales Support departments on reviews in progress and administrative issues.

KNOWLEDGE, EXPERIENCE, QUALIFICATIONS:

Ability to interpret financial statements, write credit reviews, and make recommendations about credit limits and security.

Three or more years of experience in a corporate credit evaluation role, with a personal mandate to approve credit limits.

Experience in a unit stocking environment would be an advantage.



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