At a Glance
- Tasks: Lead a team to manage credit risk and ensure financial safety.
- Company: Join a dynamic company focused on finance in wholesale and retail sectors.
- Benefits: Enjoy competitive salary, bonuses, and opportunities for professional growth.
- Why this job: Make a real impact by protecting profits while developing your leadership skills.
- Qualifications: Qualified accountant with management experience and strong analytical skills required.
- Other info: Ideal for those passionate about finance and risk management.
The predicted salary is between 56000 - 84000 £ per year.
This range is provided by Alexander Lloyd. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range Salary - £70k/80K + bonus.
Role Outline
This is a highly commercially focused role within the Customer Finance team, which is responsible for Risk Admin management and account opening processes. Through operating and developing existing credit risk management techniques, the role will help to protect the company’s bottom line profit through:
- Management of the Risk Team (4 heads) preventing unnecessary risks or excessive exposures being incurred by ensuring all regulatory, reputational and financial risks are thoroughly reviewed to set appropriate terms through credit limits or pro forma.
- The risk administration team is responsible for all account set up and master data management of both the customer and supplier accounts.
- Conducting frequent customer visits to gain an overview of the specific business, build the relationship and when required, manage accounts in arrears.
Candidate Skill Set
- Qualified with membership of the Institute of Risk Management would be desirable.
- Qualified Accountant.
- Relevant experience in a management role, demonstrating the ability to motivate and manage a team.
- Advanced computer literacy, ERP Systems and Excel skills.
- Strong analytical skills with attention to detail, logical and reasoned approach to problem solving.
- In depth knowledge of Regulatory, Statutory and Corporate legal requirements.
Please quote 51309 when emailing jri@alexanderlloyd.co.uk, in the first instance and to support a quick and efficient shortlisting process for our client we ask you to expand on the key candidate requirements above alongside sending your CV, notice period and salary expectations would also be advantageous.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Wholesale, Pharmaceutical Manufacturing, and Retail
Credit Risk Manager employer: Alexander Lloyd
Contact Detail:
Alexander Lloyd Recruiting Team
jri@alexanderlloyd.co.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk Manager
✨Tip Number 1
Familiarise yourself with the latest credit risk management techniques and regulatory requirements. This will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the finance and risk management sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Prepare to discuss your experience in managing teams and motivating staff. Be ready to share specific examples of how you've successfully led a team in a high-pressure environment, as this is crucial for the role.
✨Tip Number 4
Research StudySmarter and understand our values and mission. Tailoring your conversation during interviews to align with our goals can set you apart from other candidates and show your genuine interest in joining us.
We think you need these skills to ace Credit Risk Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Credit Risk Manager position. Tailor your application to highlight how your skills and experience align with the role's focus on risk management and team leadership.
Highlight Relevant Experience: In your CV and cover letter, emphasise your relevant experience in credit risk management, team management, and any qualifications such as membership in the Institute of Risk Management. Use specific examples to demonstrate your analytical skills and problem-solving abilities.
Craft a Strong Cover Letter: Your cover letter should not only introduce yourself but also explain why you are a great fit for the role. Discuss your understanding of regulatory and financial risks, and how you can contribute to the company's bottom line through effective risk management.
Follow Application Instructions: Make sure to follow the application instructions carefully. Quote the job reference number (51309) in your email and include all requested information, such as your CV, notice period, and salary expectations, to ensure a smooth application process.
How to prepare for a job interview at Alexander Lloyd
✨Showcase Your Leadership Skills
As a Credit Risk Manager, you'll be managing a team. Be prepared to discuss your previous management experiences, how you motivated your team, and any challenges you overcame. Highlight specific examples that demonstrate your leadership style.
✨Demonstrate Your Analytical Prowess
This role requires strong analytical skills. Be ready to talk about how you've used data to make informed decisions in the past. Consider preparing a case study or example where your analytical approach led to a successful outcome.
✨Understand Regulatory Requirements
Familiarise yourself with the relevant regulatory, statutory, and corporate legal requirements related to credit risk management. During the interview, show that you have a solid understanding of these regulations and how they impact the company's operations.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of potential risks a company might face and how you would address them. Practising these scenarios can help you articulate your thought process clearly during the interview.