Credit Risk Analyst

WELCOME TO UTOPIA

Music is incredible. It can excite hundreds, and unite thousands. But as an industry, it has been slow, complicated, and disparate. While the tech world has moved into the future, the music industry continues to be shaped by inefficient systems of the past. At Utopia we believe there is a better way. Which is why today we are setting out to transform the entire industry; creating new revenue streams, consolidating the data and decluttering the admin. Unlocking the industry’s full potential by unifying it all in one truly holistic space. Some might call that a Utopia.

Funnily enough, so do we. Welcome to Utopia. Where music lives.

WHAT UTOPIANS DO

The open secret is that the music industry is struggling with the very basics of music accounting: What was played, when and where? Who should get paid and how much?

Utopia Music is bridging the data gap by connecting global consumption, accurate metadata, and fast payments to an industry-wide trust platform. Our goal is to unlock creative value and enable Fair Pay For Every Play to make a better world for Music. The solutions we offer do not threaten to usurp the role of industry incumbents - it is about bringing transparency in the industry and supporting efficient royalty collection for all.

THE ROLE

As an integral member of the Financial Services Business Unit, your job is positioned in the field of managing credit risk of royalty advances in the music industry. You will have diversified tasks within the credit approval and risk monitoring process and we see you as the project lead in defining and implementing a lean credit application process and in mathematical modeling of the credit approval and rating process.

You will contribute to recurring customer portfolio vulnerability identification and assessment including ad-hoc, expert-based stress testing. You will advise timely and report periodically to the management team about your findings.

You will be an expert at identifying automation potential and actively support simplification and digitalization of risk management tools and processes. We will support you with an attractive professional development and career opportunities in an international and fun environment.

RESPONSIBILITIES

- Drive continuous improvement and automatisation of a scalable credit application process

- Develop/Enhance scalable credit modelings (credit ratings, limits, securities, authority levels)

- Ensure timely and accurate delivery of standard and ad-hoc risk reports

- Participate in Credit Committee meetings when required

- Collaborate with business partners from other business units and functions

- Contribute to review and write credit risk processes and procedures

- Evaluate customer credit requests




REQUIREMENTS

- A university degree in financial economics or similar
- 2 - 4 years’ work experience in the area of mathematical analyses and credit risk
- Very good knowledge of financial, risk and econometric modeling
- Strong technical skills in Excel
- Independent way of working with a hands-on mindset and analytical way of thinking
- Strong interpersonal skills to cultivate effective working relationships with stakeholders across all levels
- Strong communication skills and fluent in English, both verbal and written




WHAT WE OFFER

- Great atmosphere - we live, love & breathe music & tech!
- Working in an impact oriented team and inclusive company culture.
- An experienced team to learn from, with proven track records in multiple startups and big tech companies.
- Our flexible remote policy provides Utopians the freedom to work either from one of our inspiring offices or from home.
- We celebrate being an international and multicultural company.
- Competitive benefits; packages depend on location. You’ll be given more details on this during the interview process.
- Currently, we are only accepting applications within Europe (Switzerland, Sweden, Finland, UK, Belgium)




THE HIRING PROCESS

- You send us your CV in English
- We invite you for an introductory video call with the Talent Acquisition team to get to know you better and share more about us
- Meet our Director of Credit Risk for job fit and cultural fit interview
- Meet our VP of BU Financial Services


UTOPIANS

As we want to bring transparency, trust, and clarity to the music industry we serve, we know a change comes from within. Utopia is a transparent, trust-based organization striving to have clarity in thinking and doing what we set out to do.

We execute urgently and innovate to grow faster. We ship things that make a difference today, so we can make them better tomorrow. We embrace fairness and are all accountable.

Strictly diverse and inclusive. We are an equal opportunity employer.

We celebrate our diverse backgrounds and we welcome everyone who identifies with the above to apply. Welcome to Utopia - Where Music Lives!

We’re eager to meet You! :)