Credit Risk Analyst

What you'll do:

This is a new role as part of the creation of a new global Credit Risk Team. Primary function: to run controls & processes that drive adherence to Eaton's Credit Management policy (i.e. ensuring customers' credit limits are checked against 3rd party credit recommendations, payment history & other risk data - helping growth whilst keeping financial losses at a minimum); also the related centralized order credit-blocking / -releasing responsibilities.

Main Responsibilities:

- Work as a 'Business Partner' with finance, accounting, business operations & senior management across the region & across ERP systems - submitting & obtaining approval for all credit limits & being responsible for the approved release of credit-blocked orders.
- Ensure full portfolio is compliant to Credit Procedures & meets internal controls, Sarbanes Oxley & audit requirements. Ensure all customer master data in the area of credit management is accurate & up to date.
- Conduct creditworthiness checks on new & existing customers using 3rd party credit agencies. Developing & using own financial analysis skills.
- Provide risk recommendations to management for new & existing customers based on available information and annual reviews based on new financial data. Know when to escalate larger and more complex cases to senior Credit Risk Team staff. Manage & monitor end-to-end decision-making process to ensure alignment to customer (internal/external) expectations.
- Provide analysis, recommendations & decisions on credit-blocked orders, utilizing the relevant Eaton Credit Procedure & take appropriate actions / notify and discuss with relevant stakeholders. Escalating more complex cases to senior Credit Risk Team staff.
- Help negotiate acceptable solutions & credit risk mitigation actions with stakeholders - working alongside senior Credit Risk Team staff where required. Ensure risk escalation process is followed, informing senior management as necessary.
- Support standard Credit Management KPI's in conjunction with the collection teams (Past Due, Collection Efficiency and DSO goals).
- Ensure integrity of customer payment terms across the region & recommend / drive standardization of payment terms across divisions where required.
- Assist with periodic or ad hoc reports & assist with any other reporting

Qualifications:

- At least 2 years' experience in a multinational finance / credit / collections role.

Skills:

• Possess a good analytical understanding of corporate credit risk analysis - or willingness & ability to learn this.
• Understanding of the Order to Cash process.
• Good business English (the working language of this position).
• Excel & IT / ERP skills.
• Proven ability to work with multiple and sometimes complex processes.
• Can manage own time / priorities / multiple tasks under pressure.
• Good decision-making skills and knowing when to escalate at the correct times.
• Record in achieving and exceeding goals/targets essential.
• Proven customer focus and service delivery.
• Quality communication skills: ability to write accurate, clear, concise bullet points covering key issues.
• Strong team player / happy with hard but interesting & varied (& career-building) work!