Credit Management Lead

Job Title: Credit Management Lead
Schedule: Mid Shift
Work Set up: Hybrid ( 3 days onsite & 2 days WFH )
Salary Package: 71,383.00 = 63,000 Basic Pay + 8,383 Allowance
Location: Taguig City

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Job Summary:
- The Team Lead for Credit Management plays a pivotal role in leading and developing the team that is responsible for conducting credit assessments as well as setting appropriate credit limits for customers. In addition, the team lead for Credit Management serves as the primary contact for addressing critical issues and potential escalations pertaining to credit management tasks. This role requires a proactive approach in managing and mitigating risks associated with credit evaluation.

Tasks & Responsibilities:

- Team Leadership
- Lead and develop the credit management team to ensure optimal performance.
- Foster a collaborative and high-performance culture within the team.
- Credit Risk Management
- Oversee all credit management activities, including credit risk assessments, credit limit reviews and approvals as well as customer evaluations.
- Take credit decisions and approve credit limits in the system.
- Implement best practices and ensure compliance with credit policies and procedures to ensure efficient operations.
Identify, assess, and mitigate potential risks associated with credit evaluations.
- Develop strategies to minimize credit-related losses and exposure.
- Stay updated on industry trends and regulatory changes impacting credit risk management.
- Preparation of payment term applications
- Support business during negotiation on specific payment terms requests from customers and check financial clauses / invoicing requirements.

Escalation Management
- Act as the primary point of contact for critical issues and potential escalations related to credit risk matters.
- Collaborate with cross-functional teams to address and resolve escalated matters promptly.

Continuous Improvement

- Drive continuous improvement initiatives to enhance the effectiveness and efficiency of credit management processes.
- Implement technological solutions and innovations to streamline credit-related workflows.

Compliance and Regulatory Adherence
- Ensure that the credit management team operates in strict compliance with relevant laws, regulations, and industry standards.
- Stay informed about changes in compliance requirements and update policies accordingly.

Job Requirements:
- More than 5 years of working experience in a Credit Management function, preferably in an international environment, and demonstrated leadership experience.
- Advantage: has a master’s degree in Finance, Business Administration, Accounting or similar field.
- Excellent English skills in spoken and written form
- Knowledge of Dun & Bradstreet (D&B) methodology and SAP FSCM is beneficial.
- Strong capability to analyze financial data and interpret financial statements, knowledge of credit risk, balance sheet analysis, financial exposure, credit research systems and procedures, credit scoring systems, and Microsoft Office Suite
- Outstanding analytical skills and solution-oriented approach
- Conclusive and economical thinking
- Self-running and ability to work in a team environment.
- Strong IT skills (e.g. PowerBI, RPA platforms, SAP FSCM) and the drive to digitalize or automate processes.
- Excellent verbal and written communication skills for dealing with customers, staff, and other stakeholders.
- Ability to make and execute tough decisions while balancing risk and profitability.
- Proven leadership and team management skills to lead the credit team effectively.

Perks & Benefits
- Quarterly Performance Bonus
- 15 days vacation leave – upon regularization
- 15 days sick leave – upon regularization (10 unused leaves are convertible to cash)
- HMO with 2 free dependents (PhilCare)
- Etc

Recruitment Process: Virtual / Online
- Phone Screening Interview
- Initial Interview
- Assessment
- Final Interview
- Job Offer