Job title: Credit Risk Manager Employment type: (12 months Fixed-term contract)Location: Cardiff / Hybrid What is SonovateSonovate is a lending and technology business with a clear vision: To be the premier global financing platform for the Future of Work We ve created an end-to-end work pay solution to power the new working world. One that lets businesses unlock the power of flexible working, contract and freelance markets with none of the hard work or complications that come with old-school finance solutions.We re leading a revolution and changing how businesses of all shapes and sizes access finance and support to manage their freelance workforce.The role: We are looking for a Credit Risk Manager to join the team. This role will protect the value of Sonovate, by mitigating Credit Risk to the business. The role is responsible for the identification, assessment, mitigation, management and reporting of Credit Risk.What does success look like in this role? Comprehensive analysis of the Credit Risk exposure of Sonovate, with relevant escalation of key information to stakeholders.Processing of credit applications and ensuring appropriate insurance is in place to mitigate risk to Sonovate.Timely decisions made on new business enabling the rapid agile brand that Sonovate stands for.Consider Credit Risk initiatives that could enhance the risk/reward balance of Credit Risk at Sonovate.Responsibilities: Analyse relevant client, credit-related information to assess risk and follow defined risk mitigations techniques as defined in Sonovate s Credit Risk PolicyLiaise closely with credit broker in order to ensure more complicated applications are handled in correctly to achieve the best outcomeEffective feedback on credit limit requests, progress and issues to stakeholdersEnsure appropriate renewal of limits, including tracking of existing limits and timely renewal before expiryReporting to key stakeholders on credit risk, including but not limited to volumes, applications, changes, uninsured exposures, concerns and trendsAssist in the ongoing monitoring and assurance efforts of the functionWorking with the business to identify and mitigate any credit risk issues, leading to a more robust control environmentAssist in maintaining credit risk policies, procedures and monitoring processesOwn and administer appropriate documentation storage of credit risk informationIdentification of process enhancements to assist in the continuous evolution of SonovateExperience & Key Skills: A good level of understanding of working in Credit Risk and Financial Services environmentExperience in a Financial Services and/or Credit Risk functionExperience of working with credit insuranceAbility to collaborate and manage own workloadAble to communicate effectively at all levelsMethodical and structured to managing changeAbility to work under pressureEscalates appropriately without delayTake ownership and responsibility for own workConstructive challenge and enhancements of existing processesNumerate qualification desiredWhat will you get in return?28 days holiday + bank holidaysPrivate medical insurance with BupaEmployee Assistance ProgrammeTechscheme with Apple and Currys PC WorldCycleschemeWorking with latest technologies and leading SaaS providersEye care vouchers with Specsavers50% discounted gym membership50% off mobile apps (Calm, Duolingo, Audible, Les Mills)2 days charity leave per yearYou ll work for a company that is passionate about personal development and a strong community focused cultureSound interesting?If your answer is yes and you want to learn more, check out our Values Playbook and Behaviours deck here.We know that diverse teams are strong teams. We promote a diverse, inclusive and empowering culture and are committed to recruiting, retaining and developing all our employees.Please note: All successful applicants who are offered a role at Sonovate will be required to pass background screening checks before starting with us. These checks will include National ID Checks, Right to Work, Employment References, Adverse Financial History, Criminal Record, Global Sanctions, Bankruptcy checks. Our Talent Acquisition team will be able to run you through these in detail at the early stage of your application.











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