Credit Risk Reporting Manager

Recruiter
RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Location
London
Salary
55000.0000
Posted
02 Feb 2017
Closes
02 Mar 2017
Contract Type
Permanent
Hours
Full Time

Our client based in Central London are looking for a Temporary Credit Risk Reporting Manager to join a specialist Risk Management team and provide immediate support to the existing team.

This a pivotal role within the Risk Management Department; the department consist of 4 personnel and the role reports directly to the Head of the Risk Management Division. The other members of the team are responsible for i) Credit Analysis and Credit / counterparty risk issues, and ii) Credit Reporting; whom you will work closely with in the role.

Core responsibilities:

  • Understanding of Credit analysis fundamentals and internal credit rating sytems; Input or check input of financial figures into internal risk rating model either manually or through utilisation of data streaming. Advise rating within the division and to relevant Business Area;
  • Using SAP and internal credit system, preparation of a number of internal Risk Management reports in Excel or other format to specific deadlines. Reports prepared on daily, weekly, monthly and quarterly basis (as required), as well as ad-hoc reports when required by Head of department;
  • Reports show variety of statistics in tabular or graphic form including aggregate gross and net limits and utilisation and overdue accounts by customer type, by customer rating and by country.
  • Provide short written Credit and Market risk summaries of month end data;
  • Liaise with business area and report on status of late payments or credit breaches. Monitor status of aggregate limits to ensure no breach in approved terms. Context: level of violations / overdue accounts is low;
  • Request provision and bad debt information from all Business Areas in London and produce summary reports on quarterly basis;
  • Ensure the operational requirements of credit insurance policies are adhered to. Report to insurance companies actual or potential overdue accounts. Provide turnover statistics to insurance companies (liaising with Business Area);
  • Liaise with various internal helpdesks in Tokyo, and implement new procedures / systems as required;
  • Oversee other processing, including partner registrations, business trip expenses, invoices / payments for RMD Department;
  • Handle all queries relating to operational aspects of the role;
  • Maintain Credit Systems and Monitoring risk procedure manuals;

REQUIRED SKILLS AND QUALIFICATIONS

Essential:

  • Broad Credit Risk Administration experience to include knowledge of accounting protocols;
  • Strong IT skills - ability to reorganise statistical data into report format;
  • Strong Computer skills in Word, Excel;
  • Ability to work under pressure whilst remaining calm, methodical, and professional;
  • Ability to work on own initiative with little supervision;
  • Ability to prioritise work with very high standard of accuracy and attention to detail;
  • Good verbal and written communication skills;
  • Team player;