Default Risk Account Manager

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About The Role

What you will do

As a Default Risk Account Manager, you will be responsible for assessing and managing the risk associated with our dealer default across our loan portfolio. You will oversee the implementation of our dealer auditing procedures and ensuring funding lines are run in line with the requirements, as outlined in the Dealer Stocking Agreement.

Your primary focus will be monitoring account behaviour and implementing strategies to mitigate default risk while maintaining strong client relationships.

Key Responsibilities

• Risk Assessment - Complete on-site audits and conduct thorough analysis of clients 'financial profiles, account history, and payment behaviour to evaluate default risk.
• Monitoring - Continuously monitor accounts in your area for signs of financial distress or potential default, including changes in payment patterns or external economic factors.
• Decision Making - Make informed decisions regarding credit limits and risk mitigation strategies based on comprehensive risk assessments.
• Portfolio Management - Manage a portfolio of accounts, ensuring that risk levels are within acceptable thresholds and taking proactive measures to address potential defaults.
• Communication - Maintain open communication channels with clients to discuss financial difficulties and explore alternative repayment options.
• Compliance - Ensure compliance with audit and credit policies related to credit risk management and lending practices.
• Reporting - Prepare regular reports on dealership audits, default risk metrics, portfolio performance, and potential areas of concern for senior management and stakeholders.

What you will bring

• Proven experience in credit risk management, preferably in banking or financial services.
• Strong analytical skills with the ability to interpret financial data and assess creditworthiness.
• Excellent communication and negotiation skills to interact effectively with clients and internal stakeholders.

Everyone is different. Everyone is valued

As part of our vision to become the most trusted specialist lender in the UK, we've been helping customers and businesses fulfil their ambitions since 1952. In that time, we've learned that we're more than the sum of our parts. We're a strong Group because of our people and our strengths; specialist, expert, ambitious and also diverse. All of our people are different and this is something we celebrate.

Every one of our employees brings unique talent, ability and perspective to their role.

That's why Secure Trust Bank Group nurtures differences. We understand that we perform better because we're not cast from the same mould. We actively embrace and support diversity, work with leading industry bodies and promote initiatives that reinforce our philosophy of giving you the freedom to be who you are.

We're an award-winning bank providing savings accounts and lending services to over one million customers. We're Secure Trust Bank Group. We embrace difference.

We're an award-winning bank providing savings accounts and lending services to over one million customers. We're Secure Trust Bank Group. We embrace difference.