Manager- OTC Credit Analyst

5 - 7 years

7 - 11 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Work from Office

Job Type

Full Time

Job Description

Why JCI https//www. youtube. com/watch?v=nrbigjbpxkg
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How will you do it?
The Credit Analysy is a key role directly reporting to the Credit Director. You responsible to manage a team of credit specialist/analysts and will be responsible for reviewing and analyzing credit information for our customers. You will also be responsible for making recommendations to our credit department regarding credit decisions.
  • You will be responsible to manage a team of credit specialist/analysts. And the role will involve handling Credit matters of MEA as well (BT&S business).
  • You will be responsible for the timely and accurate performance of a full range of Credit tasks (New customer s credit assessment, periodic review of existing customers & thorough review of Ad-hoc credit limit increase requests).
  • Adapt communicate and enforce Global Credit policy and Global standard payment term policy
  • Coordinating transitions of Credit activities to/from Regional Business Center, assuring completeness of deliverables of each transition phase on time and in high-quality
  • Should possess a clear understanding of company s financials (P&L, Balance sheet & Cash flow statements)
  • Provide recommendations tied to analysis and assessment of credit risk.
  • Analyze/ approve new account applications (Credit limit assessment).
  • Responsible to categorize the customers based on the risk (High, Medium & Low).
  • Preparation and reporting of business unit wise credit reports.
  • Keep up to-date with the company s global credit policy and standard payment term policy.
  • Reinstate or suspend accounts based on credit policies and payment behavior.
  • To continuously seek out better ways of performing the processes and support process improvement initiatives.
  • To ensure compliance to applicable policies SOX guidelines and regulations.
  • Audit support for own BU and any other assigned BU on internal and external audit.
  • Conduct through credit risk analysis / credit LIEN of financial statements and assessment of credit requests, including new request, change requests and periodic reviews.
  • Efficiently function through monthly, quarterly and annual closing to manage the request volume and ensuring completion of all requests within defined SLA
  • What we look for?
  • Graduate / Maters Degree in Commerce or similar.
  • Working experience with a shared service environment, Multinational organization or Global firms are desired.
  • 5-7 years experience required in combination of Credit & Collection and work experience on ERP s (SAP experience is desired).
  • Should have in-depth knowledge of all the parameters which will help evaluating the credit worthiness of the customers.
  • Should have a clear understanding of CRA (Credit Rating Agencies), Credit Ratings (D&B Ratings preferred), payment plan, bank references, Trade reference, different type of Guarantees, Different payment terms, Group credit limit (Parent & Subsidiary ownership) etc.
  • Excellent verbal and written communication in English.
  • Good understanding of financial statements, ratios and concepts

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