Country Credit Risk Manager - UAE

Dubai Permanent
  • Opportunity to regionally lead a newly created credit control function
  • Opportunity to work for a leading American multinational technology group

About Our Client

The organization is a joint venture, with over 30 years of experience in 70+ countries. Their global annual turnover surpasses US$4 billion, and their Middle East annual turnover generates a respective, US$200 million. They have decided to restructure their Finance department and are seeking a 'Country Credit Risk Manager' to fill this vacancy.

Job Description

The Country Credit Risk Manager will be responsible for:

Credit Risk (50%):

  • Assessing the creditworthiness of potential customers
  • Perform an in-depth analysis of financial statements and credit requests for both new and existing credit applications
  • Ensuring timely and accurate processing of credit applications; highlighting issues pertinent to credit decisions
  • Provide suggestions for improvement and implement policies based on the credit risk analysis performed
  • Provide suggestions to mitigate identified risks

Credit Control (40%):

  • Establishing the terms and conditions of credit
  • Formulation of credit policies to mitigate identified and potential risks
  • Routinely reviewing and negotiating procedures to reduce debtor days
  • Review and maintain bad debt provision
  • Preparation of journal entries and credit notes for month-end reports

Team and Staff Management (20%):

  • Must display exceptional communication and problem-solving skills
  • Support and supervise the credit control team and debt collection teams

The Successful Applicant

The ideal Credit Risk professional will have:

  • A bachelor's degree, preferably within an Accounting and Finance discipline
  • At least 8-12 years of experience in a Credit Risk Management role
  • Previous experience in credit risk management from a credit rating or a services-oriented establishment
  • Solid understanding of fundamental credit risk management concepts
  • Exemplary communication and presentation skills
  • Willingness to travel when required
  • Ability to motivate and drive a newly formed credit collections team

What's on Offer

The successful candidate for this role will be offered a competitive monthly salary along with family benefits. This is an exciting opportunity for a 'Country Credit Risk Manager' to further grow a leading multinationals credit team.

Harsha Badlani
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Harsha Badlani
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