DO YOU HAVE EXPERIENCE IN FINANCIAL OR ACCOUNTING SERVICES WORKING IN A CREDIT OR LENDING ROLE?

Title: Credit Manager
Location: Tonbridge
Salary: Up to £52,000 + dependant on your experience
Hours of work: 35 hours per week, Monday – Friday 9:00AM-5:00PM *The company are also participating in a 4-day working week where you will still be paid a full-time salary with hybrid opportunities!

Your Benefits: 25 days holiday (increases over time) + all 8 bank holidays, Pension auto-enrolment, Progression, 4 day working week (after training, 4-6 weeks) A confidential Employee Assistance Programme. This is a free benefit providing an advice and counselling helpline and website, Perkbox - free membership to an employee perks and discount scheme.

Overall role: Provide support to the Director of Credit and Credit Controllers in the management, review, investigation, documentation and minimising of credit and legal risks associated with loans made by the bank in accordance with legal and regulatory requirements, and the bank’s operating policies and procedures.

Your role:

• Review and assess credit applications, identify and, where possible, mitigate key risks by appropriate structuring of the loan including the setting of loan conditions and financial covenants.
• Where necessary, producing reports that are concise, accurate, insightful, and relevant to aid the delegated authority in assessing credit applications.
• Support the Credit team in the review and active management of the higher risk accounts (designated Out of Order, Full Watch List, and Internal Watch List) to protect the bank and minimise potential loan losses. Assist in the reporting and review of accounts for the Quarterly Watch List meeting.
• Collaborating with Key Contacts to respond to any enquiries that may arise during the credit life cycle, to provide considered responses that uphold the highest level of customer service whilst mitigating risks.
• Process variations and amendments in loan terms and conditions requested by Banking or required by Credit.
• Represent Credit in external borrower meetings with other lenders, accountants and lawyers as required.
• Participate in internal meetings and discussions with the bank’s senior management and committees regarding credit related matters as required.
• Assist in the compilation and distribution of papers for committees and the taking of minutes when required.
• Support the Credit team with administrative and other tasks.
• Adopt an initiative-taking role and assist/support other co-workers when required.
• Ensure the credit process adheres to TCF principles.

Ideal Person:

• Minimum 3 years credit or lending experience.
• Minimum 5 years in financial or accounting services.
• Analytical skills including critical review of annual reports and management accounts, budgets, and business plans.
• Knowledge/experience of lending to SME and/or charities and social sector organisations.
• Knowledge/experience of the voluntary sector.
• Knowledge of company law, charity law and the taking of all types of security.