Assistant Credit Manager

ADM Asia-Pacific Trading Pte. Ltd.; Cebu City; On-site; PHP 500,000 - 800,000; Full time

Job summary

ADM Asia-Pacific Trading Pte. Ltd. in Cebu City seeks a seasoned credit risk analyst to manage credit risk and collections for the Philippines and assigned portfolios.

You will evaluate payment performance, determine limits, and collaborate with stakeholders across Commercial, Legal, Operations, Treasury and Finance. The ideal candidate has 5+ years in credit analysis or collections, fluent English, and a proven ability to drive risk mitigation in a multi-cultural, fast-paced trading

Qualifications

• Bachelor's degree in accounting, finance or related discipline.
• Min 5 years of credit analysis and collections management experience in a commodity trading/manufacturing MNC or a bank.
• Ability to communicate fluently in English.
• Strong communication, presentation, interpersonal and team collaboration skills.

Responsibilities

• Manage credit risk and collections for the Philippines and other assigned portfolios.
• Recommend and approve credit limits, payment terms, block releases, and risk mitigation measures.
• Engage business partners in discussions on credit and collection issues and evaluate business case for exceptional approvals.
• Review and structure AR factoring solutions to improve working capital and mitigate credit risk.
• Manage and drive AR results.
• Administer credit insurance policies and support the preparation and follow-up of credit insurance claims.
• Recover bad debts through credit insurance claims, bank/corporate guarantees, collaterals, payment plans.
• Work closely with stakeholders such as Commercial, Legal, Operations, Treasury and Finance to resolve credit and collection issues.
• Support portfolio integration initiatives, develop and implement processes to meet integration requirements, and establish measurements to monitor integration progress and success.
• Represent regional credit centre and participate in corporate initiatives and system implementation projects.
• Identify gaps in processes, recommend and manage initiatives to improve credit operational efficiency
• Perform regular reviews on customers, markets and countries
• Conduct customer visits when necessary to resolve credit issues and establish relationship
• Ad-hoc responsibilities as assigned

Skills

Credit analysis

Collections management

English communication

Stakeholder engagement

Financial statement analysis

Team collaboration

Education

Bachelor's degree in accounting/finance

Job description

Responsibilities

• Manage credit risk and collections for the Philippines and other assigned portfolios.
• Recommend and approve credit limits, payment terms, block releases, and risk mitigation measures through credit insurance, guarantees, financial statement analyses, competitive analyses, projection of business volumes, payment performance and trade references
• Engage business partners in discussions on credit and collection issues and evaluate business case to decide on exceptional credit approvals
• Review and structure AR factoring solutions to improve working capital and mitigate credit risk while meeting business needs
• Manage and drive AR results
• Administer credit insurance policies and support the preparation and follow-up of credit insurance claims.
• Recover bad debts through credit insurance claims, bank/corporate guarantees, collaterals, payment plans
• Work closely with stakeholders such as Commercial, Legal, Operations, Treasury and Finance to resolve credit and collection issues
• Support portfolio integration initiatives, develop and implement processes to meet integration requirements, and establish measurements to monitor and track integration progress and success.
• Represent regional credit centre and participate in corporate initiatives and system implementation projects
• Identify gaps in processes, recommend and manage initiatives to improve credit operational efficiency
• Perform regular reviews on customers, markets and countries
• Conduct customer visits when necessary to resolve credit issues and establish relationship
• Ad-hoc responsibilities as assigned

Requirements

• Bachelor's degree or equivalent in accounting, finance or related discipline
• Min 5 years of credit analysis and collections management experience in a commodity trading/manufacturing MNC or a bank
• Ability to work in a multi-cultural environment and liaise with various groups and management levels
• Ability to communicate fluently in English language
• Committed, independent, analytical, meticulous, mature and effective team player
• Strong communication, presentation, interpersonal and team collaboration skills, with the ability to work independently.
• Receptive to changes in responsibilities from time-to-time and willing to accept new challenges
• People management experience is a bonus
• Open to after-office hours conference calls and travelling when required