Credit (Financial) Department

The Credit Department is an independent risk oversight function. It is charged with managing and overseeing the counterparty credit risk profile of the Institutional Securities Business. The Credit Department’s specific responsibilities include evaluating and rating the credit risk of counterparties, establishing and managing counterparty credit risk limits, evaluating credit risk transactions and approving, rejecting or modifying them as appropriate.

Within the Credit Department, we have established in our ADDER HILL’s London office an independent team of professionals who manage the ratings process and all that it entails as it relates to standardized, regulated investment structures such as non-leveraged investment.

These responsibilities include:

  • Analyse credit data and financial statements to determine the degree of risk involved in extending credit for individuals/commercials.
  • Prepare reports that include the degree of risk involved in extending credit.
  • Evaluate customer records and recommend credit plans based on earnings, savings data, payment history, and purchase activity.
  • Confer with credit association and other business representatives to exchange credit information.
  • Create Credit applications, including credit analyses and summaries of credit requests.
  • Review individual or commercial customer files to identify and select delinquent accounts for collection.
  • Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
  • Consult with customers to resolve complaints and verify financial and credit transactions.
  • Analyse financial data such as income growth, quality of management, and market share to determine expected profitability of credit.
  • Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Analysing information and evaluating results to choose the best solution and solve problems.
  • Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
  • Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  • Developing constructive and cooperative working relationships with others, and maintaining them over time.
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