At a Glance
- Tasks: Support the Portfolio Risk Manager in overseeing client risk and monitoring collateral trends.
- Company: Join Close Brothers, a diverse and inclusive financial services company.
- Benefits: Enjoy hybrid working, competitive salary, and a supportive work environment.
- Other info: Flexible work options and commitment to inclusivity for all applicants.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Strong communication, numeric skills, and experience in invoice finance preferred.
The predicted salary is between 40000 - 50000 € per year.
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers Invoice & Speciality Team where you will support the Portfolio Risk Manager in overseeing client risk within the Northern part of the Commercial portfolio (funds in use up to £3 million), focusing on some of the smaller and less complex facilities. Working as part of the Close Invoice Finance, our ideal team member will have previous experience in providing advice on risk matters and service standards, while also assisting with routine reviews and reporting with excellent analytical skills and attention to detail.
Responsibilities- Review and comment on 4/5 rated audits and ensure that actions have been promptly and appropriately dealt with and add support/comments to any adverse debt verification results.
- Monitor daily collateral trends across your allocated portion of the portfolio on Risk Factor and raise issues where relevant, ensuring all actions are tracked to completion.
- Delivery of monthly Watch Meetings including preparing the agenda, taking minutes, contributing to discussion on collateral in the forum, documenting and circulating actions.
- Attend client meetings and liaise with advisory firms as needed, helping the PRM to ensure a good level of support is provided across the Client Service teams.
- Ensure appreciation, identification, management and monitoring of risk in accordance with established policies.
- Ensure the business operates within its agreed risk appetite.
- Ensure emerging risks are identified and appropriately escalated.
- Strong comprehension and exposure to invoice finance.
- Strong written and verbal communication, including active listening, able to build relationships across the business as well as with clients and debtors.
- Strong numeric skills.
- Understanding of financial and legal terms and debt recovery procedures.
- Highly organised, able to effectively manage your own time.
- Knowledge of Microsoft office applications.
- Experienced user of RiskFactor.
- Knowledge and exposure of other asset classes within ABL, e.g. stock, P&M, property.
- Customer facing experience.
- Experience of a risk role within Invoice Finance.
- UK Finance IF/ABL Certificate Course or equivalent.
- Hybrid working arrangement.
At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working. We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format, or any other adjustments, are encouraged to email us at recruit.ssc@closebrothers.com or request a call back.
Portfolio Risk Officer in Manchester employer: Close Brothers
At Close Brothers, we pride ourselves on being an excellent employer that values diversity and inclusivity, offering flexible work options to help you achieve a healthy work-life balance. As a Portfolio Risk Officer, you'll benefit from a supportive work culture that encourages professional growth and development, alongside the opportunity to engage with a variety of clients and enhance your analytical skills in a dynamic environment. Join us in the Northern part of our Commercial portfolio and be part of a team that prioritises collaboration and excellence in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Risk Officer in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience in risk management.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Portfolio Risk Officer in Manchester
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Portfolio Risk Officer role. Highlight your experience in invoice finance and any relevant skills that match the job description. We want to see how you fit into our team!
Show Off Your Communication Skills:Since strong written and verbal communication is key, use your application to demonstrate these skills. Keep your language clear and professional, and don’t forget to showcase your ability to build relationships – it’s a big part of the role!
Be Detail-Oriented:Attention to detail is crucial for this position. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their information neatly and accurately.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role and our company there!
How to prepare for a job interview at Close Brothers
✨Know Your Risk Fundamentals
Make sure you brush up on your understanding of risk management, especially in invoice finance. Familiarise yourself with key terms and concepts that are relevant to the role, as this will help you speak confidently about your experience and how it relates to the responsibilities outlined in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to assess risk or improve service standards. Think of situations where your attention to detail made a difference, and be ready to explain your thought process during those times.
✨Practice Active Listening
During the interview, demonstrate your strong communication skills by actively listening to the interviewer. This means not just hearing their questions but engaging with them. Nod, ask clarifying questions, and reflect back what you’ve heard to show you’re fully engaged.
✨Prepare for Client Interaction Scenarios
Since the role involves attending client meetings, think of past experiences where you successfully built relationships with clients or resolved issues. Be ready to share these stories, highlighting your customer-facing experience and how you can bring that to the Close Brothers team.
