Join Eaton, a global leader where equality and inclusivity are at the heart of our mission. Here, everyone is valued and belongs. Be part of a team that delivers cutting-edge, energy-efficient solutions, making a tangible impact on the world. We empower our customers to manage electrical, hydraulic, and mechanical energy more effectively, safely, and sustainably. At Eaton, we're dedicated to enhancing quality of life and protecting the environment with our innovative energy management technologies and services.
Our EMEA Business Service Center (BSC) in Budapest is Eaton's largest office in the region. With a diverse team of over 700 people, representing 40+ nationalities and speaking 20+ languages, the BSC is the central hub for business services. It empowers seamless operations and drives exceptional results across our electrical, industrial, and corporate teams.
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What you'll do:
We are looking for a Credit Risk Analyst within the Budapest site which is part of the EMEA credit management organisation. The primary purpose of the role is to provide:
- Controls and processes that drive adherence to EMEA Credit Management policy
- Risk management: ensuring customers' credit limits are checked against 3rd party credit recommendations, (also payment history and any current late payments) with the goal of keeping financial losses at a minimum.
- Analytical skills with the ability to identify pro-actively potential credit risks across the customer base
- High quality output to senior management detailing the credit risk of new and existing customers to support commercial decisions
- Liaise with key stakeholders all levels within Eaton
- Work as a 'Business Partner' with finance, accounting, business operations and senior management across regions and systems (SAP / any other)
- Ensure full portfolio is compliant to Credit Procedures and meets internal controls, Sarbanes Oxley & audit requirements
- Ensure all customer master data in the area of credit management is accurate and up to date
- Conduct creditworthiness checks on new & existing customers using 3rd party credit agencies
- Provide risk recommendations to management for new and existing customers based on available information
- Provide analysis, recommendations and decisions on credit-blocked orders utilising the EMEA Credit Procedure and take appropriate actions / notify and discuss with relevant stakeholders
- Help negotiate acceptable solutions and credit risk mitigation actions with stakeholders where required. Ensure risk escalation process is followed, informing senior EMEA management as necessary
- Support standard Credit Management KPI's in conjunction with the collection teams
- Ensure integrity of customer terms across the region and recommend / drive standardization of terms across divisions where required
- Assist EMEA Credit Risk Manager with periodic or ad hoc financial reports and assisting with Atradius Credit Insurance reporting.
Qualifications:
- At least 2 years' experience in a multinational finance / credit / collections role
Skills:
- Possess a basic or good understanding of corporate credit risk analysis - or willingness & ability to learn this
- Basic understanding of the Order to Cash process
- Can manage own time / priorities / multiple tasks under pressure
- Good decision-making skills and knowing when to escalate at the correct times
- Track record in achieving and exceeding goals/targets essential
- Problem-solving skills
- Strong customer focus and service delivery
- Communication skills: ability to write accurate, clear, concise bullet points covering key issues
- Very good business English
- Solid Excel skills
- Strong team player / happy with hard but interesting & varied (& career-building) work
- Previous experience of SAP is preferred but not essential
What we can offer to you:
- Wide range of Employee Benefits: Hybrid work model, Annual bonus, Cafeteria, Private Medical Insurance, Life Insurance, Eye-glass refund, AYCM partnership, Internal reward system (E-Stars)
- Employee Wellbeing Support: Access comprehensive support programs designed to enhance your overall wellbeing
- Family Friendly: Enjoy a family-friendly environment with policies that support work-life balance
- Talent Management and Career Development: We are dedicated to your professional growth, with a strong focus on internal mobility, continuous learning, and peer coaching
- Dog-Friendly: Bring your furry friend to work in our dog-friendly office
- Dedicated Spaces: Utilize our family room, multi-prayer room, stretching room, and chill room for your comfort and convenience
- Company Yoga Sessions: Participate in regular yoga sessions to stay fit and relaxed
- Social Responsibility: Join a socially responsible organization committed to making a positive impact
- Employee Appreciation Day: Celebrate with us on Employee Appreciation Day, recognizing your hard work and contributions
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We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.