Overview
Sr. Specialist, Credit Analysis Jobs in Abu Dhabi, UAE at –
JOB PURPOSE
Senior / Specialist, Credit Analysis Middle East and Africa supports the Manager, Credit Analysis in setting Borouge’s PTE strategic credit control and collection direction, providing effective credit risk management and driving credit performance.
KEY ACCOUNTABILITES
Job Specific Accountabilities
Accountability Title
Perform credit evaluation for customers across the company, covering Middle East, Africa & Europe
Implement and maintain global credit management framework (procedure and methodology)
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 tools and close collaboration with key stakeholders
Participate in cross function credit risk management projects to enhance and streamline credit processes
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 enforce ability of the collaterals
Monitor the credit risk of customer proactively and take appropriate actions accordingly 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 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
Engage key stakeholders to manage the Accounts Receivable through weekly overdue action plan and monthly Regional Credit Watch workshop
Coordinate with banks to support requirements on trade financing services
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
Negotiate repayment schedule and manage overdue notification/claim with credit insurance companies
Keep management informed of any significant delinquency
Initiate legal litigation/arbitration (supported by legal department) and work directly with external lawyer to collect overdue receivables
QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS
Minimum Qualification
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 Middle East and Africa exposure
Able to analyze financial statements, perform credit evaluations/reviews include providing recommendation with risk mitigation strategies
Fluency in English is required and proficient in Arabic or other languages is an advantage
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
#J-18808-Ljbffr
Title: Sr. Specialist, Credit Analysis
Company: –
Location: Abu Dhabi, UAE
Category: Finance & Banking (Risk Manager/Analyst, Financial Analyst, Credit Analyst)
