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Risk Analyst
- Redhill, Surrey
- £35,000 - £40,000 per annum, inc benefits
- 62 applications
- Job type: Permanent, full-time
- Date:
- Reference: 21163915
Organisation Description
Due to continued growth and an exciting new Joint Venture my client are looking for an experienced Risk Analyst to join the team. This is an exciting time to join the business as they continue to improve profitability, and hone the skills of the Credit Risk Analysts to facilitate that. They are also looking at ways to securitise their loan book and as such there will be some very interesting accounting for the right candidate.
Job Description
Reporting to the Head of Wholesale Risk, your duties will include:
• Ensuring reviews are carried out and kept up to date on a regular basis in line with corporate standards.
• Handling and underwriting new business propositions within the Wholesale Risk department by undertaking appropriate P&L, Balance Sheet and Cashflow analysis of prospective client groups; extending stocking lines and limits accordingly or making appropriate lending recommendations to appropriate authority levels including Credit Committees, the Board of Directors and the parent company.
• Negotiating improved terms and/or structures to proposals helping the company to achieve its new business targets.
• Undertaking occasional site visits to interview business owners / directors, obtaining relevant financial and non financial information in order to provide recommendations to the business.
• Assessment of lending proposals to ensure that all credit risks are identified before making an effective recommendation to the appropriate underwriting authority in the UK or Spain.
• Undertake internal rating assessments using the Company's model and tool to monitor our dealer portfolio.
• Analysis of financial statements including Balance Sheet, Profit and Loss and Cashflow statements in order to measure a dealer’s financial viability.
• Analysis and review of any non financial information relating to the performance of the dealer.
• Structure and negotiate security arrangements in support of our lending proposals.
• Act as main point of contact with legal advisors/solicitors etc.
• Ensure compliance with the conditions of any sanction prior to the release of funds
Person Specification
The client are part of a much larger Financial Services Group, and this Business Unit in particular are out performing forecasts. They offer a bonus scheme and range of benefits alongside a very pleasant environment and great team feel. Personality and team fit are almost as important as skills for this employer. The ideal candidate will have:
• Experience in a Financial Services environment with knowledge of underwriting, deal structuring and client facing situations.
• Familiarity with bureau data sources and external data useful to credit underwriting.
• Strong numerical and analytical skills with an understanding of the key financial ratios.
• In-depth knowledge of the Motor Finance sector or similar vendor finance environment would be a distinct advantage.
• Strong all round PC skills
Reed Specialist Recruitment Limited is an employment agency and employment business
Due to continued growth and an exciting new Joint Venture my client are looking for an experienced Risk Analyst to join the team. This is an exciting time to join the business as they continue to improve profitability, and hone the skills of the Credit Risk Analysts to facilitate that. They are also looking at ways to securitise their loan book and as such there will be some very interesting accounting for the right candidate.
Job Description
Reporting to the Head of Wholesale Risk, your duties will include:
• Ensuring reviews are carried out and kept up to date on a regular basis in line with corporate standards.
• Handling and underwriting new business propositions within the Wholesale Risk department by undertaking appropriate P&L, Balance Sheet and Cashflow analysis of prospective client groups; extending stocking lines and limits accordingly or making appropriate lending recommendations to appropriate authority levels including Credit Committees, the Board of Directors and the parent company.
• Negotiating improved terms and/or structures to proposals helping the company to achieve its new business targets.
• Undertaking occasional site visits to interview business owners / directors, obtaining relevant financial and non financial information in order to provide recommendations to the business.
• Assessment of lending proposals to ensure that all credit risks are identified before making an effective recommendation to the appropriate underwriting authority in the UK or Spain.
• Undertake internal rating assessments using the Company's model and tool to monitor our dealer portfolio.
• Analysis of financial statements including Balance Sheet, Profit and Loss and Cashflow statements in order to measure a dealer’s financial viability.
• Analysis and review of any non financial information relating to the performance of the dealer.
• Structure and negotiate security arrangements in support of our lending proposals.
• Act as main point of contact with legal advisors/solicitors etc.
• Ensure compliance with the conditions of any sanction prior to the release of funds
Person Specification
The client are part of a much larger Financial Services Group, and this Business Unit in particular are out performing forecasts. They offer a bonus scheme and range of benefits alongside a very pleasant environment and great team feel. Personality and team fit are almost as important as skills for this employer. The ideal candidate will have:
• Experience in a Financial Services environment with knowledge of underwriting, deal structuring and client facing situations.
• Familiarity with bureau data sources and external data useful to credit underwriting.
• Strong numerical and analytical skills with an understanding of the key financial ratios.
• In-depth knowledge of the Motor Finance sector or similar vendor finance environment would be a distinct advantage.
• Strong all round PC skills
Reed Specialist Recruitment Limited is an employment agency and employment business
