Credit Risk Manager

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

We are building a better world for music with innovative big data technology that tracks online music sources and translates them into meaningful music consumption reports for royalty collection. The solution we’re building does not threaten to usurp the role of industry incumbents - it is about bringing transparency in the industry and supporting efficient royalty collection.

WHAT YOUR ROLE WILL BE

As an integral role within the Financial Services business unit, you will focus on the credit risk of royalty advances in the music industry. You will be responsible for diversified tasks within the credit approval and monitoring process, including amongst others client analysis and rating determination, intensive collaboration with the sales organization and other business partners, evaluation of manual credit requests, presentation of credit assessments and recommendations to higher management levels. You will have the opportunity to contribute to recurring portfolio vulnerability identification and assessment including ad-hoc expert-based stress testing and reporting to management. 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.

ESSENTIAL RESPONSIBILITIES

Responsible for the credit risk in the business unit Financial Services, you will:

- Further develop the credit and counterparty risk management framework, inclusive policies, reports and tools for our royalty advance business
- Advise management and provide risk mitigation recommendations to the decision makers
- Manage the risks on the existing royalty advances
- Ensure timely and accurate delivery of standard and ad-hoc risk reports
- Assist in preparation and running of risk committees
- Provide requirements and design inputs for implementation of credit risk related projects
- Coach, train and support less experienced team members
- Have intensive interaction with the sales organization and other business partners
- Evaluate credit requests


HOW TO IMPACT

- Bring innovative credit risk models into work
- Cultivate enriching interactions with all the business lines of the organization
- Develop and continually improve credit risk strategy, in order to minimize the company's credit risks


THE IDEAL SKILLSET

- Higher vocational training or a university degree in banking / business / financial economics or similar
- 3 - 5 years’ work experience in the area of credit risk (1st or 2nd line of defense)
- Good knowledge of financial, risk and econometric modeling
- Strong technical skills in Excel
- Well versed in using and building credit risk management systems
- Independent way of working with a hands-on mindset and analytical way of thinking
- Strong interpersonal and relationship building skills to cultivate effective working relationships with stakeholders across all levels
- Strong communication skills and fluent in English both verbal and written


Behavioral:

- Problem solving
- Time and Organization management
- Communications skills
- Team player spirit
- Learning agility
- Integrity and work ethic
- Standing for D&I
- Creative Thinking


Cross Functional:

- Systemic thinking
- Interpersonal savvy
- Conflict resolution


WHAT WE OFFER

- Great atmosphere - we live, love & breathe music & tech!
- Working in an impact oriented team.
- An experienced team to learn from, with experience in multiple startups and big tech companies.
- Benefits depend on location.
- Flexible remote policy so if you may prefer being on your own and working from home - we’re fine with that too.
- We are supporting work permits for employees that have already moved to our locations from countries outside the EU. However, we do not support relocation at the moment.


UTOPIANS

We come from 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! :)