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Wholesale Credit Analyst
- Redhill, Surrey
- £35,000 - £40,000 per annum, inc benefits
- 47 applications
- Job type: Permanent, full-time
- Date:
- Reference: 21164020
Organisation Description
My client are a growing Financial Services organisation in the Redhill area.
Job Description
As the Wholesale Credit Analyst reporting to the Head of Wholesale your duties will include:
Regular review of Client accounts and agreements in line with corporate policy
• Handling and underwriting new business propositions within the Wholesale Risk department by undertaking appropriate P&L, Balance Sheet and Cashflow analysis of potential 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 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
They are undertaking some new business lines which will increase their loan book significantly and any candidates coming from a Motor Finance Risk background will be at an advantage and experience in a Financial Services environment is essential. You will need knowledge of underwriting, deal structuring and be comfortable in client facing situations. Strong numerical and analytical skills with an understanding of the key financial ratios will be key, and you will need previous experience interrogating Balance Sheets to establish associated lending risk.
In exchange the client offers a fantastic environment, close to public transport links, shops and restaurants. They have a competitive salary and benefits package which includes a bonus scheme (which has paid out despite the recession!). This is an exciting opportunity for the right candidate. Please forward your CV without delay!
Reed Specialist Recruitment Limited is an employment agency and employment business
My client are a growing Financial Services organisation in the Redhill area.
Job Description
As the Wholesale Credit Analyst reporting to the Head of Wholesale your duties will include:
Regular review of Client accounts and agreements in line with corporate policy
• Handling and underwriting new business propositions within the Wholesale Risk department by undertaking appropriate P&L, Balance Sheet and Cashflow analysis of potential 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 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
They are undertaking some new business lines which will increase their loan book significantly and any candidates coming from a Motor Finance Risk background will be at an advantage and experience in a Financial Services environment is essential. You will need knowledge of underwriting, deal structuring and be comfortable in client facing situations. Strong numerical and analytical skills with an understanding of the key financial ratios will be key, and you will need previous experience interrogating Balance Sheets to establish associated lending risk.
In exchange the client offers a fantastic environment, close to public transport links, shops and restaurants. They have a competitive salary and benefits package which includes a bonus scheme (which has paid out despite the recession!). This is an exciting opportunity for the right candidate. Please forward your CV without delay!
Reed Specialist Recruitment Limited is an employment agency and employment business
