Sr./ Specialist, Credit Analysis

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.

Minimum Qualifications

• University degree in Credit Risk Management/Finance/Accounting/Economics/Business or related discipline.

Minimum Experience, Knowledge & Skills

• 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.