Head of Credit Risk Unit

  • Zug
By leveraging modern technologies we are developing a new music ecosystem. Welcome to Utopia - Where Music Lives!
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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
  • 5 - 10 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 here 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! :)


Additional information

  • Remote status

    Flexible remote

Locations

Helsinki, London, Stockholm and Zug

Or, know someone who would be a perfect fit? Let them know!

Annankatu 34
00100 Helsinki Directions helsinki@utopiamusic.com View page

Stockholm

Östermalmsgatan 87e
114 59 Stockholm Directions jobs@utopiamusic.com View page

Zug

Zählerweg 12
6300 Zug Directions jobs@utopiamusic.com View page

Perks & Benefits

If you are not yet convinced by our awesome team and great atmosphere — here you have some extra frosting on the cake.

  • 🏋️‍♀️ Active work space

    At the Stockholm office we have a ping pong table and a gym in the basement and people are encouraged to use them both. We also have a generous wellness grant for anyone who prefer to do other things.

  • ☕️ Breakfast every morning

    Every morning we gather around the bar for breakfast. It is of course voluntary but the coffee is great.

  • 👾 A bunch of nerds

    We love what we do and we do what we love. So there will be a lot of interesting discussions going on about pretty much anything connected to music or tech and a lot of Star Wars references to acompany those.

  • 🏰 A little here and a little there

    We love to work together. Where exactly that is at the moment is less important.

Work @ Utopia

Do you like to work in teams with a lot of individual responsibility? Yes, we know it sound cliché but this is also how it actually is.

Every morning after breakfast we gather in our teams to plan the day, assign tasks to kickstart the days. Agile, fast and inventive is how we like it. That also gives us room to pair up or hold a workshop if we need help in finding the best solution. 

A helping hand and a good coffee might just be what we need to get things done.

Already working at Utopia Music?

Let’s recruit together and find your next colleague.

email
@utopiamusic.com
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