Job Details

Click here to become a registered jobseeker.

Credit Risk Analyst

Rickmansworth, Hertfordshire, United Kingdom, £ £ 40000.00-40000.00 Annual Annual, Permanent


We are currently looking for an experienced Credit Risk Analyst to join our Credit and Lending Team.

RCI Financial Services is a wholly owned subsidiary of RCI Bank and Services which is the Renault and Nissan Groups Finance Company and is today present in in 36 countries in Europe, North Africa, South America and Asia. We are very proud to have recently been recognised as one of the UK\'s best work places in the Great Places to Work Large Company category for the second year in a row.

The main purpose of the role will be to support the development of Alliance manufacturer dealer network through managing the risk and provision of RCI wholesale funding lines to support a portfolio of dealers\' commercial activity.

Responsible for regular reviews of dealer financial and commercial performance and as a result recommend to RCI local and Corporate senior management ongoing provision of wholesale funding lines to support dealer and manufacturer performance whilst managing RCI risk. This includes in-depth analysis of the statutory accounts, and other financial information relating to dealer activity. Specific underwriting matters must be identified, and managed confidently through negotiations with senior dealer management.

Regular visits to dealers within an allocated portfolio to develop an understanding of individual dealership business and build relationships with senior management as a result. This role is also set to monitor and control new entrants into the dealer network and to ensure that dealer terminations, and in the extreme dealer insolvencies, are handled efficiently.

Daily tasks will also include monitoring funding conditions for all of the network dealers, including a range of risk indicators such as credit limit positions and the result of stock audits.

Knowledge and Experience..

Other tasks to include Fleet underwriting, Commercial Retail underwriting and Factoring.

Previous experience in Commercial Credit Underwriting is essential

Proven analytical skills

Report writing skills to generate balanced and informed credit proposals, which will be circulated within the RCI senior management

Good communication skills

Comfortable to prioritise workload and adapt quickly to events as they arise.

Good interpersonal skills - ability to build relationships at all levels

Effective negotiation skills.

Knowledge and or experience in analysing company balance sheets is essential

Detailed Activities .. .

Review ongoing and interim provision of wholesale funding requirements for a portfolio of dealers to support commercial performance and manage RCI risk.

Complete analysis of dealer financial statements incl. profit & loss accounts.

Manage key relationships with dealer senior management, Alliance manufacturers and RCI FS Head Office

Manage insolvency situations

Negotiate security & priority agreements where necessary..

Monitor & manage risk indicators (eg dealer stock audits, unpaid debits, over limit reports).

In return we offer a competitive flexible benefits package, which includes an employee Loan plan car scheme, along with a very competitive 27 days annual leave - plus 1/2 day on Christmas eve and 1/2 day on New Year\'s eve...... click apply for full job details

Job Details

Not Specified
Rickmansworth, Hertfordshire, United Kingdom
£ £ 40000.00-40000.00 Annual Annual