Credit Risk Manager
1 month ago
At Bright City Talent, we are seeking a skilled Credit Risk Manager to join our team. As a key member of our financial department, you will be responsible for managing the credit approval process, ensuring effective credit control, and maintaining strong relationships with our clients and internal stakeholders.
Key Responsibilities:
- Conduct thorough credit risk assessments prior to credit meetings.
- Evaluate the creditworthiness of prospective and existing commercial clients.
- Lead and manage a team of financial analysts to ensure accurate and timely credit decisions.
- Review and manage the day-to-day responsibility of reviewing scorecards prepared by the financial analysts.
- Manage the day-to-day responsibility of new business support staff drawing up contracts and documentation for payout.
- Manage the expected payouts per week directly from our clients together with expected payouts for the month and report to the finance department.
- Manage the renewal of credit facilities of existing clients on a yearly basis.
Requirements:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- 3+ years of experience in a commercial credit management environment.
- Proficiency in financial analysis, credit scoring models, and accounting software.
- Strong ability to analyze financial data and make sound credit decisions.
- High level of accuracy and attention to detail when managing credit limits and assessing risk.
- Ability to resolve complex credit and collection issues effectively.
- Proven experience in managing teams and fostering a collaborative, high-performance environment.
- Understanding of our industry sector and market trends affecting credit risk.
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