Credit Analyst

WEX; Manchester; Hybrid; GBP 23,000 - 28,000; Full time

Job description

CREDIT ANALYST / MANCHESTER / HYBRID/ PERMANENT / £23,000- £27,500 (DEPENDANT ON EXPERIENCE) PLUS BENEFITS

About the Team / Role

WEX Europe is a leading provider of Fuel cards. We manage a range of flexible fuel cards in several key markets across Europe and due to ongoing growth, we are looking to recruit a Credit Analyst to join our Credit team.

The Credit Risk team is responsible for monitoring customers' spend against their authorised credit limits. Underwriting all applications across eight issuing countries in Europe, assessing and measuring the risk of extending credit to all applicants. Proactive portfolio management ensures continuous monitoring of the financial condition and performance of our customers.

Our portfolio covers a wide range of business types and sizes from small enterprises to large corporate businesses and institutions.

What’s on offer?

• Highly competitive salary of £23,000-£27,500 (Dependent on experience)
• Annual company bonus
• 37.5 hour week - Monday to Friday - no evenings or weekends
• Hybrid working from our Manchester City Centre office
• Industry leading pension scheme
• 25 days holiday plus bank holidays - with the opportunity to purchase additional holidays
• Life assurance
• Income protection
• Discount & perks platform
• Employee wellbeing

How you’ll make an impact

• Assess and measure the risk of extending credit to all applicants
• Evaluate the financial position and creditworthiness of all applications
• Interpret and translate financial statements including balance sheets, P&L statements, and management accounts
• Strive to accept all business by managing higher risk customers through reduced terms, securities, etc.
• Minimize the risk to the business with a strong focus on fraud screening
• Work with multiple European portfolios
• Assess, manage, and report exposure position to determine the level of risk
• Overtrade management where customer exposures can rapidly change
• Assess customers’ accounts using information gathered, and make informed decisions within credit parameters with commercially balanced recommendations
• Analyze customers’ financial statements and B2B credit reports
• Maximize volume opportunity and growth in line with business goals
• Maintain customer contact and daily interaction with the in-country credit and sales teams
• Build and maintain strong relationships with all credit teams, sales teams, and customer service advisors
• As part of the team, provide support/cover for other roles within the credit department when required

Experience you’ll bring

• Proven analytical skills with the ability to assess financial information
• Previous experience in credit underwriting/analyst or a similar role
• Experience dealing with the main credit reference agencies
• Strong administrative skills - capturing and recording data, data reconciliation
• Advanced Excel skills
• Knowledge of underwriting in European countries
• Previous exposure to the fuel card market would be advantageous
• European language skills would be advantageous but not essential
• Strong communication skills
• Strong decision-making skills
• High attention to detail
• Ability to interface with all levels of management and staff
• Ability to prioritize and manage own workload
• Extensive professional communication skills both written and verbal

What’s next?

If you have the skills and passion to be our next Credit Analyst, we would love to hear from you. APPLY NOW for immediate consideration.

Due to the volume of applications received, it is not possible to respond to each one individually; applicants that are shortlisted will be contacted within one week of application.

We do not accept speculative CVs. Any CV received by WEX will be treated as a gift and eligible for an agency fee. PSL agencies should only send CVs if authorized to do so by the Talent Acquisition team.