Senior / Specialist, Credit Analysis - Singapore - BOROUGE PTE. LTD.

Description

Roles & Responsibilities

Key Accountabilities

• Perform credit evaluation for a portfolio of customers across the company, covering Asia North, Asia South and Middle East Africa & Europe.
• Implement and maintain global credit management framework with adherence to credit management procedure and regulatory requirements.
• Support business strategies and growth through business partnering with sales, marketing, customer service and other functions.
• Balance credit risk and business opportunities through effective risk mitigation strategies and close collaboration with key stakeholders.
• Contribute to cross function credit risk management projects to enhance and streamline credit processes.

This position is based in Singapore.

Credit Analysis

• Perform credit review of customers based on the analysis of financial statement, country risk, credit agency reports, payment experience, risk and opportunity, economic and industry outlook.
• Ensure credit limit approvals obtained as per Delegation of Authority.
• Ensure credit reviews are carried out timely prior to credit limit expiry.
• Mitigate credit risk through various collateral strategies (Bank Guarantee, Standby Letter of Credit, Insurance or other means of risk mitigation) and ensure validity and enforceability of the collaterals.
• Monitor the credit risk of customer proactively and collaborate with business to take appropriate course of actions to manage credit risk exposure.
• Monitor and assess the business outlook and market trends and engage key stakeholders where there are potential credit risk implications to the business.
• Manage credit insurance policy through credit limit applications and ensure decisions are duly approved and updated in the system.

Credit Control

• Act as a focal point of credit team and engage regional Sales and Customer Service teams to support sales transactions.
• Review customers' incoming orders to manage the order blocks timely and efficiently.
• Ensure credit release is in accordance to Credit Management Procedure and Delegation of Authority.
• Engage key stakeholders to manage the Accounts Receivable through weekly overdue action plan and monthly Regional Credit Watch workshop.
• Proactively engage in timely and accurate collection of accounts receivable to achieve Days Sales Outstanding (DSO) and Days overdue outstanding (DOO) targets and other performance-based metrics.
• Provide timely information to management of any significant delinquency or early warning signs of customer.
• Negotiate and establish repayment schedule and manage overdue notification/claim with credit insurance company.
• Coordinate with banks to support requirements on trade financing services.
• Initiate legal litigation/arbitration (supported by legal department) and work directly with external lawyer to collect overdue receivables.
• Administer end to end bad debt write off process in accordance with Credit Management Procedure.

About You

• University degree in Credit Risk Management/Finance/Accounting/Economics/Business or related discipline.
• Minimum 2 years of credit analysis experience preferably with knowledge of economic and business environment of Asia Pacific countries.
• Able to analyze financial statements, perform credit evaluations/reviews include providing recommendation with risk mitigation strategies.
• Proficient in Chinese (must be able to read and understand Chinese financial report).
• Strong analytical, interpersonal and stakeholder management skills.
• Knowledge of SAP.
• Good excel and PowerPoint include presentation skills.
• Experience in project management will be a plus but not mandatory.

Tell employers what skills you have

Outlook
Management Skills
Credit Risk Management
Business Partnering
Finance Business Partnering
Credit Management
FOCAL
Accounts Receivable
Project Management
Financial Statements
Presentation Skills
Regulatory Requirements
Stakeholder Management
Credit Risk
Africa
Credit Analysis