Job Title:	Credit Analyst - Sale
Reference:	1066616
Salary:	Circa £30,000 + bonus
Location(s):
Industry(s):	Blue Chip
Advertiser:	Hays Accountancy & Finance
Employment Type:	Permanent
Posted:	19-02-2010

Description:

Our client is a global leader in their field, and due to the restructure of their credit function are looking to recruit an experienced Credit Analyst.
Responsible for the risk assessment of customers and the establishment of credit limits, the analysis of the overall credit exposure, the recommendation of terms of credit and the negotiation and management of security necessary to support higher risk exposures. Approval of credit limits, within delegated authority and obtaining the necessary Manual of Authority (MOA) approval for exposures exceeding authority, approval of risk categories, and release of blocked orders. Actively support the sales account holders in credit issues.

Accountabilities:
Manage Credit Risk
Responsible for the risk assessment of new customers, negotiating and managing security arrangements, establishment of appropriate credit limits with necessary MOA and the analysis of the overall credit exposure.
Responsible for the re-assessment of credit-worthiness of customers based on re-evaluation triggers, and timelines. Provide authorised approval for the release of blocked orders in respect of credit.
Perform detailed financial analysis of customer financial statements for development of a risk profile of each customer using analytical results to establish credit limits within designated authority level and prepare analysis write-up to obtain necessary MOA for decisions exceeding designated authority level.
Ensure compliance with Global Downstream Credit policy, Operational Credit Manual standards & SOX controls.
Hold face to face meetings with customers senior financial and business leaders to establish understanding of customer financial condition and business model as required to complete credit analysis and to negotiate security when financial condition does not support credit exposure.
Manage security arrangements to ensure timely actions taken to renew or replace expiring security instruments
Negotiate & approve refinancing of Overdue Debts.
Responsible for identifying when accounts may require legal intervention e.g. If customer files for bankruptcy
Support Sales Teams by providing interpretation of policy and guide the businesses on the principles of sound credit management.
Keep up-to-date on issues within the businesses by having close relationships with the sales managers and reading information from industry sources. Conducting customer visits where required.

Pleasant working environment
Parking