Monday, October 10, 2011

Credit Analyst Vacancy @ Shell Eastern Petroleum

Shell Eastern Petroleum (PTE) Ltd

Credit Analyst
Job ID: A24594
Location: Singapore, Singapore, North, North East, North West, East, West, South West, Central, Other, Singapore

Shell first established its presence in Singapore in 1891. Since then we have grown into one of the Island's largest foreign investors employing about 2,400 staff. In 2008, Shell Singapore received the Best HR, Best Graduate Development Practices, Best Change Management Practices awards at the HRM Awards. Shell Singapore also won the coveted Work-Life Excellence Award organised by the Tripartite Committee on Work-Life. In 2009, Shell Singapore received Best use of Technology 2009 and Best Reward & Recognition 2009 at the HRM Awards

· Collect and analyze customer information both financial and commercial and provide credit (re) assessments of assigned customers
· Assign Credit Risk categories and credit limits on the basis of customer requirements and in accordance with Credit Manual
· Re-assess credit-worthiness of customers based on re-evaluation triggers and timelines
· Engage with Sales on possible risk mitigating options, including reduction of credit terms, increasing securities
· Monitor expiry of securities and update/maintain security register
· Ensure all approvals are documented in accordance with control requirements
· Liaise with Sales and Credit Teams to ensure GSAP is updated when Credit Limits and Ratings change
· Conduct customer visits with Sales when required
· Follow up with Sales and escalate delinquent accounts to management for stop / continue trade decision
· Intervene in case of delinquent debt and drive actions with Sales and Legal to protect Shell’s interest
· Calculate repayment plans for customers who cannot meet payment due dates
· Review aged debt to identify possible provisions and recommend accordingly
· Communicate approved provisions and write-offs to the business and posting roles and verify posting
· Act as liaison with Legal on delinquent accounts
· Act as representative of Shell in creditors meetings and manage legal relationships related to failed accounts
· Deliver periodic training to Sales staff on Credit Manual, processes, tools and controls
· Run Operational Credit Committees as required by Credit Manual and act as Secretary of meeting
· Support the setting and monitoring of credit performance targets for Sales and the Region
· Understand performance on specific business accounts under area of responsibility
· Support controls and compliance work and support controls walkthroughs
· Keep up-to-date with industry news and market trends, looking for information that may adversely impact portfolio

· At least 4 years of experience in Credit management
· Experience in conducting detailed financial ratio and financial performance analysis
· Experience in analyzing creditworthiness and credit risk
· Knowledge in Excel and other MS office based packages
· Experience in using key credit functionality in (G-) SAP
· Strong interpersonal and negotiation skills
· Strong written and verbal communication skills

Application Deadline: Monday 31 October 2011

Number of Vacancies: 1

For More Information about Shell careers and apply online visit : Shell Careers or Shell Website