Senior Debtor Risk Analyst
As part of the Risk Department, the Debtor Risk team is responsible for the management and monitoring of debtor risk issues connected to the Non-Recourse Factoring, Assured Invoice Discounting portfolio and Recourse funding limits. Debtor Risk is responsible for making an independent assessment of requested credit limits and ensuring compliance with all requirements of the credit insurance policy to maximise cover available to clients whilst also managing bad debt claims and write offs in order to prevent unnecessary loss to ABF. Debtor Risk is responsible for maintaining a working relationship with the local Credit Insurance Company representatives and ensuring follow up on the agreed SLA is achieved.
To provide ABF UK Clients both internal and external with a high quality, effective and sensitive Debtor Management Service which balances client needs with the needs of ABF.
To act as the UK Debtor Risk SPOC (Single Point of Contact) for the Debtor Risk SRTO (Subsidiary Risk Type Owner) and the ABF UK business.
Contributes to the UK risk policy by monitoring relevant internal and external developments and assesses their impact. Evaluates and discusses trends and situations which are important for the risk appetite and addresses the implications for the risk policy to local management.
Is an active member of the Bad Debt Protection (“BDP) Community within ABF, taking responsibility for local implementation and compliance with debtor risk group guidelines and processes. Takes a pro-active role and is able to lead a global subteam responsible for harmonizing and optimizing BDP product & debtor risk processes and guidelines over the countries. Sets the example in being an ambassador of the global debtor risk team and the BDP product.
Creates and maintains a network with ABF and ABN AMRO departments active in their area of attention and relevant external parties for instance local Credit Insurer and Trade Credit Insurance broker relationships and Regulators. Shows and convinces them about the benefits of co-operation with ABF. Makes agreements about the approach of related subjects and regularly evaluates the cooperation and the results. Represents ABF UK during external meetings related to this area of attention.
Supports, assists and prepares dashboard reports for the local Risk & Control Meeting and SERC to coordinate the implementation of any risk initiatives and to provide support to the business units and the central level on risk issues. Gives second opinions on all risk proposals submitted to the risk committees by the business. Decisions with significant impact on the risk profile must be made through the appropriate committee.
Supports UK team regarding Asset Based Lending files and sets the example and has a coaching role regarding risk assessments. Supports and develops the UK Risk Department in the area of credit & asset risk structuring. Supports and educates the business on the BDP product and in developing risk management knowledge and skills.
Underwriting funding limits up to the level of authority agreed for the individual and in accordance with ABF UK credit policy.
Monitoring credit and funding limits to ensure that they are reviewed for lack of use and removed or reinstated where applicable. This minimises end of year credit limit costs.
To co-ordinate the credit assessment of all new prospect opinions and liaise with the sales team regarding any issues relating to the opinions.
To co-ordinate credit assessment on all non-recourse take-ons including switching of facilities by existing clients.
Withdrawing credit and funding limits on customer accounts where payment patterns or changes in information dictate this to be the appropriate course of action.
Ensuring the optimum level of information required for credit decision appeals is gathered, collated and presented in the prescribed format and manner.
Checking credit and funding approvals on the Aquarius System and ensuring that Clients are advised of the reply.
Ensuring that Debtor Account records, including changes in credit information, are updated in accordance with ABF policy.
Gathering all required paperwork and information to submit claims to Credit Insurance Provider in prescribed format and within required timescales. Ensure good communication is maintained with clients and client relations in regard to the claim process.
Process all bad debt and protracted default payments for clients in a timely fashion.
Report to Credit Insurance Provider any adverse information received or payment patterns outside guidelines of any debtors. Ensuring compliance with Insurance policy and timely payment of claims.
Use of overdues reporting to remove or suspend credit limits where applicable – managed on a daily basis.
Administration of client’s Discretionary Credit Limits reporting and claims.
ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.
At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.
Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication.
We concentrate on our three strategic pillars:
• Support our clients’ transition to sustainability
• Reinvent the customer experience
• Build a future-proof bank
Our strategy requires a culture of working together and permanent learning. It’s only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMRO’s culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.
ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:
• Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions
• Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 people in the UK.
• Experience in a similar role;
• Proven financial industry working experience;
• Knowledge of commercial finance market and products and activities;
• Ability to interpret financial statements;
• Knowledge of credit risk analysis methodologies;
• Experience of working with Aquarius would be beneficial;
• Strong attention to detail
• Ability to prioritize and multi-task effectively;
• Eagerness to learn and self-develop;
• Solution driven and can-do mentality;
• Ability to collaborate effectively with internal and external Stakeholders;
• Ability to work under pressure and manage conflicting deadlines.
• Ability to work independently and within a team.
Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.
We have identified that the following types of flexible working may be suitable for this role in principle. Any requests will be determined in line with our Flexible Working Policy:
Type of Flexible Working May be Considered
Job Sharing Yes
Remote Working Yes
Part time Yes (subject to sufficient cover within the team)
Staggered hours Yes (subject to core hours 9-5 being covered by other team members).
Are you interested? Please apply via the button below.
For more information please contact Niki Champion, Senior Resourcing Partner, UKrecruitment@uk.abnamro.com, +44 203 192 9342.
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