Credit Risk Analyst

Sewell Wallis Ltd
£20000 - £25000/annum
16 Jun 2017
16 Jul 2017
Contract Type
Full Time
We are excited to be working with one of the regions best employers with their appointment of a Credit Risk Analyst in this newly created role. This is a high level role that works very closely with the Credit Manager and alongside a team of dedicated Credit Controllers.

The business is set to expand in the future and therefore has ample opportunity to progress in the future and is therefore a great role for someone who is wanting to advance their career.

The company is situated close to the M1 and within easy commuting distance from Sheffield, Rotherham, Barnsley, Wakefield and Huddersfield.

Duties will include;

Undertake credit checks for New Account Requests, confirming the identity of the legal entity and obtaining required paperwork.
Setting of credit limits, based on the credit checks performed, and once approved updating of these limits in the relevant system.
Liaise with credit insurers and brokers to obtain approval for insurance limits and update commercial teams with outcome of request, including update to the system.
Review and process increased limit requests received from Commercial or Credit Manager, working in provided guidelines to ascertain whether additional credit insurance should be sought.
Work with Credit Controllers to understand accounts that are at risk, or where payments are overdue, and assess and update limits accordingly with input and discussion from Credit Manager and Credit Controllers.
Work with Credit Controllers and insurers to process insurance claims where insured debts become irrecoverable and due to claim.
Ensure that credit reviews are planned and performed to timetable.
Develop and maintain systems aimed at producing a reliable assessment of the credit worthiness of customers including.
In conjunction with Credit Managers, develop and maintain systems to pro-actively manage exposure levels in line with approved credit limits.
In conjunction with Senior Credit Managers provide specialist credit advice and guidance to the BU Finance and Commercial teams.
Along with the Credit and Risk Management Manager, identify opportunities for continuous process improvement in the credit management operation.
Develop and maintain KPIs for both Credit Analysts and Credit Managers.

Suitable applicants will:

Excellent communication skills, change management skills and excellent stakeholder management skills.
Proven ability in dealing with insurance companies and setting credit limits.
Excellent reporting skills.
Provide accurate and timely advice to colleagues.
Ensuring all deadlines are met and in accordance with department procedures
Strong IT skills, with SAP/Navision experience preferred.

Sewell Wallis acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers