Credit Risk Analyst (Europe-Hybrid/Remote)

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 Credit Analyst-Financial Services you'll play an integral role within the Financial Services business unit. You will focus on the assessment of client and partner risk (B2C and B2B) in the domain of royalty advances in the music industry. You'll drive and take ownership of diversified tasks within the client and partner approval and monitoring process, including client interfacing, client risk analysis and rating determination, presentation of credit assessments and recommendations to the credit committee and intensive collaboration with the sales organization. You will be an expert at identifying productivity and automation potential and actively support simplification and digitalization of risk management tools and processes.

You'll join an experienced global team who will support you with an attractive professional development and career opportunities whilst having fun along the way!

RESPONSIBILITIES

- Process clients’ and prospects’ applications for royalty advances incl. direct communication with clients
- Research and evaluate quality and reliability of clients’ royalty streams: payment sources, age, depth and longevity of underlying music catalog
- Assess the financial strength of partners (distributors, publishers, PROs)
- Recommend amounts and terms for client advances and partner credit lines to the credit committee
- Contribute to the development of the counterparty risk management framework, incl. processes and procedures
- Monitor and manage the risks on the existing royalty advances as well as partners
- Coach, train and support less experienced team members


REQUIREMENTS

- University degree in finance/business or similar
- Ideally at least 5 years’ work experience in B2C and/or B2B customer risk assessment, preferably in the Music Industry
- Good knowledge of the Music Industry and familiarity with this space
- Strong interpersonal and relationship building skills to cultivate effective relationships with clients and other stakeholders
- Strong technical skills in Excel are needed to thrive in this role
- Well organized to navigate our growth company landscape
- An independent way of working with a hands-on mindset and analytical approach.


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.
- We are recruiting within certain European locations for this role (Finland, Sweden, Switzerland & UK) and therefore can only move forward with applications from those already based in one of these relevant locations and with eligibility to work in the country you are based in.


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.
- We invite you for a video interview with our Director of Credit Risk
- We invite you for a final interview with our VP, 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! :)