Risk and Credit Finance Manager

Risk and Credit Finance Manager – Denver, Colorado

Do you have the experience and enjoy conducting financial and data analysis? Do you want to work for a global business that is committed to moving money for better? Join Western Union as a Risk and Credit Finance Manager.

Motivated by our values: purpose driven, globally minded, and trustworthy & respectful

We’re a FinTech that’s using insight from customers and colleagues worldwide to improve financial services for families, small businesses, multinational corporations, and non-profit organizations. We’re a team of over 10,000 people spanning 200 countries and territories. We believe when money moves, better things happen.

Better requires process discipline, and simplification

We’ll be looking to you to manage and be accountable to direct credit responsibility for a portfolio of agents/merchant/business partners in North America.  You will be heavily involved in financial and data analysis, from multiple data sources, to assess the creditworthiness of prospects and partners, which includes financial analysis of small to large-sized agents, assign risk ratings, analyses of risk exposure and losses.   You’ll respond to portfolio loss trends by proposing changes to underwriting thresholds, balances/credit risk exposures, and manage credit limits to ensure an appropriate balance between risk and return.  You will collaborate, negotiate and set agent credit and settlement terms, along with reviewing these terms in non-standard contracts and provide recommendations and obtain approvals.  You’ll implement credit workout strategies for agents in financial distress, monitor and stay alert for potential bankruptcies and defaults.  You will partner with Legal/Collections teams to obtain additional agent credit information as needed for recovery and monitor AR and risk exposure of the largest agents to contact them as necessary to obtain payment and financial information.

For such an important role, you will have 7 years of experience in financial analysis and/or credit risk management.  You will have a bachelor’s degree in Finance, Accounting, or a similar subject, and a CFA level 2 candidate. You will have experience working with the principles of financial reporting, accounting, basics of contract law, and knowledge of US bankruptcy codes and procedures.  You’ll have a proven ability to conduct decision-based financial analysis that is supported by a customer write-up based on limited information.  You will have advanced knowledge of Microsoft Excel, basic accounting systems, and databases, along with the ability to collaborate and maintain business relationships across the organization.  Previous experience of agile working methodologies is also desirable.

Join us, and let’s connect the world

Western Union is transforming its business and shaping the financial services sector by driving quality, convenience, and customer service to new levels of excellence. It’s an exciting time for our organization, as the largest cross-border money transfer operator, trusted by millions of consumers around the world. If you’re ready to unleash your potential to help drive change through bottom-up innovation, apply now.

We’re a company on the move, and we want our people to grow and develop. You’ll have plenty of opportunities to learn new skills and build a career, as well as a great salary and benefits package.

We are passionate about our diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams, while reflecting the communities we serve. We do not discriminate on the basis of race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran (U.S.) status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, in accordance with applicable laws.

#LI-DB1

The annual gross base salary range is $81,204.01 –143,043.53. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive an annual bonus that align with individual and company performance. Actual salaries will vary and are based on factors such as a candidate’s qualifications, skills, and competencies. Salary is one component of the Western Union total compensation package, which includes short–term incentives, multiple health insurance options, accident, and life insurance, and access to best–in–class development platforms, to name a few! To view details of our benefits, visit https://mywubenefits.com/.