Job Openings

Credit Manager

Job ID: BH486147

Category: Credit Manager

Specialty: Accounting & Finance

Credit Manager

Direct Hire

Job Location: Providence (2-3 days a week onsite)

Vaccination is not required

Hours: 40

Company Information, Industry, Size: Financial Services

Team Size: 6

Interview Process: Virtual

Must Haves:

  • 5+ years experience



  • Financial Services industry
  • International experience

Role Purpose

Manage the credit function  North American business under the supervision of the Global Head of Credit, while collaborating with the North American management team to deliver sustainable growth and strategic initiatives. Review new FX settlement and trading limits, making credit decisions and recommendations based on relevant financial and non-financial information, and oversee the existing credit portfolio. Work closely with the broader Credit team based in the UK to share workloads when required.

Role Requirements

Settlement Limits

  • Efficiently manage a large volume of requests for client ACH/PAD limits
  • Assess and approve/decline the majority of requests within a personal credit discretion, using available client and industry information
  • Constructively engage with front line teams to obtain additional information when deemed appropriate
  • Prepare credit proposals for more challenging cases and those outside personal credit discretion

Credit Proposals (FX Trading Limits & more challenging Settlement Limits)

  • Prepare clear and concise applications highlighting all significant issues, engaging with customers to obtain additional information where necessary
  • Make sound decisions based on this information or present written recommendations to the relevant approving authorities, including Group Credit Committee
  • Give timely, constructive feedback to Dealers and Sales staff regarding new and increased credit prospects

Credit Portfolios

  • Carry out periodic credit reviews of individual customers using financial and non-financial sources including occasional customer site visits
  • Carry out ad hoc credit research into industries and individual customers


  • Ensure all customer and internal correspondence is of the highest quality
  • Ensure all files, paperwork and systems are maintained in line with standards
  • Ensure procedures and policies are followed at all times, including Know Your Customer (KYC) procedures

Internal relationships

  • Develop and maintain strong and effective working relationships with colleagues across the business
  • Support other Credit team members in carrying out their duties and developing their credit skills

Knowledge & Experience

Skills, Qualifications and Experience relevant to the Role

Prior Experience At Senior Analyst Level Within a Credit Department Essential And Likely To Include Some Or All Of The Following

  • SME corporates
  • A wide range of customer industry sectors including wholesale/distribution, tourism, IT infrastructure and services, food supply chain, clothing, commodities
  • Private equity backed transactions
  • Complex group structures
  • Funds and fund managers
  • An appreciation of the different characteristics of the overseas markets in which has a presence would be a distinct advantage
  • Experience in a demanding dealing room environment is preferable
  • Basic knowledge of foreign exchange markets and FX and structured option products including risk and suitability factors

Skills And Competencies

  • Relationship building with people at all levels of seniority
  • The ability to work unsupervised under pressure in a fast paced environment and to tight deadlines
  • Good organizational skills including prioritization
  • Clear communicator, written and verbal
  • Proficient IT skills
  • Commercial acumen and proven sound judgement including use of subjective factors
  • Attention to detail


Finance based degree or similar is desirable

The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Type: Direct

Location: Providence, Rhode Island