Credit Analyst

MAIN RESPONSIBILITIES

• Mainly focus on marine shipping industry, credit analysis on Ship owner;
• Conduct due diligence of counterparties during registration upon request;
• Credit analysis of new and/or existing counterparties to identify key credit risk issues and recommend appropriate credit limits for agreement approval or to detect and deterioration of financial condition and adverse industry risk for credit approval;
• Procure credit approvals and apply trade credit insurance coverage timely and temporary limit excesses to facilitate business development;
• Monitor and assess customers’ credit standing on a periodic basis;
• Monitor credit risk exposure and ensure customers’ accounts stay within approved credit limits;
• Summarize customers’ credit utilization and produce the Credit Utilization report on a weekly basis;
• Monitor and consolidate of the status of the Company’s AR and collection trends on a biweekly basis;
• Work and liaise with internal departments on credit risk issues and to ensure compliance of credit regulations and expectations are conveyed clearly;
• Keep up with the latest news and updates on existing counterparties’ and the industry, and monitor any potential changes to the creditworthiness of these counterparties;
• Prepare various credit & risk related reports for submission and/or circulation;
• Assist in trade credit Insurance related matters;
• Provide administrative support to the Risk Control Department and Credit Committee;
• Submit requests to the SAP team for new counterparty/customer/Ship owner setup in system; and
• Any other duties as assigned by Director and/or Manager in-charge.

REQUIREMENTS

• 5+ years of experience in credit risk analytics /credit control with knowledge on marine/shipping sector preferred
• Strong analytical, problem solving and data analysis skills
• High attention to detail, strong organizational skills and ability to multitask
• Strong in communication and interpersonal skills
• Degree in Business/ Banking & Finance / Economics / Statistics / Accountancy； Additional qualification such as CFA or FRM advantageous
• Strong knowledge of MS Office programs
• Willing to adapt quickly to changes

Applicants who have experience in credit analysis with Shipping/ Marine companies will have an advantage

Department Duties & Responsibilities

1. Including customer credit evaluation, credit granting, trade credit insurance, internal monitoring and management;
2. Review and approve new counterparties for registration. The approving process to be carried out through and registered in Company’s internal system;
3. Evaluate credit applications through Company’s internal system;
4. Monitor the credit exposures of existing customers and mitigation actions thereof;
5. To assist in applications for credit limits that have exceeded that allowed and/or urgent requests for credit limits changes;
6. Keep up-to-date with the credit standing of active counterparties；
7. Monitor and review of the status of the Company’s AR and collection trends;
8. Implement improvements to existing processes and/or additional controls activities to address counterparty and risk issues;
9. Prepare reports in relation to credit risk include Master Counterparties List, Credit Utilization Report and Late Payment List; and
10. Report to the Credit Committee on urgent credit issues.

Note:

Counterparties defined are consistent with the Credit Policy shall include the following:

1. Physical trading customer; and

2. Ship owner, ship agent, cargo owner, broker and others.

Please send an updated resume to [email protected] or apply directly if you are interested to apply for this position