Senior Credit Risk Analyst

Borr Drilling; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

An international drilling company seeks an experienced Credit Analyst to lead vendor credit assessments and manage credit risks. The ideal candidate will have a degree in Business or related field, with over 6 years of relevant experience in a sizable organization. A strong financial acumen and proficiency in analyzing financial statements are essential. The firm prides itself on a supportive work environment and offers competitive compensation, including bonus and comprehensive benefits.

Benefits

Annual wage supplement

Discretionary bonus

Life Insurance

Medical Insurance

In-house training courses

Supportive work environment

Competitive Annual Leave

Community and Sporting Events

Qualifications

• 6+ years experience in credit analysis or related roles.
• Strong proficiency in financial statements and ratios.
• Independent, proactive, and detail-oriented.

Responsibilities

• Conduct credit risk analysis for new and existing vendors.
• Lead the credit check process and maintain related documentation.
• Escalate vendor and KYC risks and manage third party credit agencies.

Skills

Analytical skills

Attention to detail

Problem-solving

Communication skills

Business acumen

Education

Degree in Business, Accounting & Finance

Tools

MS Office

Excel

Job description

Summary

Objective of the position is to lead the credit check process and reviews of vendor credit worthiness and provide recommendations

What you'll do

Holder of the position is responsible for the following areas:

• Conduct credit risk analysis for new vendors as part of onboarding and existing vendors in annual reviews and for change in payment terms
• Analyse vendor financial statements (profit and loss, balance sheet and cashflows), third party credit and due diligence reports, market/industry trends and assess risk for the organisation
• Escalate vendor, KYC risk and work with Compliance department to resolve
• Assign risk score based on analysis, present to business departments for understanding of vendor risk profile
• Lead the overall credit check process and complete within SLA
• Update credit ratings, documentation and approvals in system and central archives
• Report to upper management highlighting changes to credit risk in vendor pool
• Manage third party credit agencies ensuring SLA compliance
• Maintain SOP, train business departments on credit risk and process
• Lead improvement projects including process changes, risk modelling and system enhancements

What you'll need

• Degree holder, major in Business, Accounting & Finance or other related discipline
• Six or more years of relevant work experience preferably in sizable MNC
• Proficiency with financial statements, ratios and concepts
• Strong business acumen, analytical, inquisitive by nature and ability to solve problems
• Possess attention to detail and ability to notice discrepancies with data
• Independent, proactive and well organised
• Excellent verbal and written communication skills, fluent English speaking and experience with working at all levels of organization
• Strong proficiency in MS Office, especially in Excel

What you'll receive

We are dedicated to fostering a family-friendly culture and work environment. We are an equal opportunities employer and welcome applications from all candidates with the required skills and experience. We enable fair pay within the company by creating non-discriminatory salary systems. Working at Lidl & Kaufland Asia is rewarding, in every sense, because we give you the training to succeed in your role and plenty of opportunities to progress your career here. We are accredited as a Fair and Progressive employer by the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP).

Market Leading Remuneration Package:

• Annual wage supplement and discretionary bonus
• Life Insurance
• Medical Insurance

Supportive Environment:

• Out of Office leave for important appointments
• In-house training courses
• Training sponsorship scheme

Work-life Balance:

• 5-day week
• Competitive Annual Leave
• Charity, Community and Sporting Events

Location

Head Office — 19911.2 km
30 Pasir Panjang Road 12-31/32 Mapletree Business City
117440 Singapore

Contract Type

Full Time

Entry Level

Experienced

Controlling

Reference no

559843