Credit & Trade Loan Analyst

Entity: FinanceJob Family Group: Business Support GroupJob Description: Key AccountabilitiesUnderstand the business and drive execution:Accountable for controlling and supervising all credit analysis/assessment activities related to 3rd party debts and trade loan portfolio for the region.Work closely with Collection team to lead exposure against defined credit limits and providing accurate and timely reporting to the management.Regular meetings with the business and deliver Credit excellence by being involved in the developments of the market, the business strategies, customer needs etc.Chips in to collecting information on credit related sales requests, product and process modification, evaluating it from credit risk perspective, making proposals on implementation to senior credit management and discussing it with sales stakeholdersEnsure business partnering, take ownership by being accountable for end-to-end process from GBS lens.Act as a “subject matter expert” to influence & recommend changes to the credit policy, drive transformation by automating the processes and work with external credit agencies to develop “to be” Credit Assessment Framework as part of Reinvent BP.Accountable to coach and develop members of the team from the technical and performance management lens whilst supporting the Asia Pacific region for current or any other future planned transitions.Stakeholder management: Accountable to manage networking & relationships with business stakeholders, Global & Regional Credit Managers for the all the businesses and team leads for Trade Loan, Collections Team and A/R, Cash & Bank team to drive working capital agenda.System Support and knowledge: Understand related ERP systems and support ERP enhancements and developments.SPA to manage overall Trade Loan process in close coordination with business and making right interventions for accounts underperforming.Operations support:Review compliance to the Customer & Products Credit Policy of all active customers, having a valid credit review in place, an assigned BP risk rating/ CL/ payment terms in the systemLiaise with Sales, Legal, Credit Collection teams and Cash collection companiesReview and approve Credit Assessments, bad debt provision and write offs within DOAEnsure timely approval of blocked order and credit notes within DOAUndertake Credit health checksDrive CI & Standardization across all Customer Credit, Cash Collection processes within GBS scope.Evaluation of Risk mitigations (securities)Ensure Monthly and Quarterly reporting activities are performed in an accurate manner within the assigned deadlines (i.e.: quarterly aggregation ELL on country/Cluster/Global level)Participate in customer visits on an adhoc basis.Perform regular analysis of overdue trends, lead the assessment of root causes and make suggestions on risk mitigations and overdue improvementsTransformation, Continues Improvement and Transitions Ensure successful transition of activities in close coordination with Project Managers and relevant Country / Business stakeholdersAccountable to lead the transformation and CI initiatives.Project Management involvement & support Active involvement in any strategic, operations or system credit related projectsEnable project implementations by supporting project teams and managing own teamOperational/Strategic/Audit Compliance:Support and being involved in strategic target definition, implementation, and delivery.Ensure an effective resource management and backup structure is in placeEnsure compliance with BP, legal and regulatory requirements, and local country stock exchanges requirements by applying to the department’s activity like the Customer & Products Credit Policy etc.Key ChallengesPeople focus and able to inspire and motivate team members towards common goal.Coach and mentorHigh interpersonal, influential, and decision-making skills to manage and maintain good relationships with key stakeholders.Experienced to deal with complex situations while maintaining the right balance of customer and business focusAble to consistently review and adapt approach and style to meet ever changing requirements.Experienced to manage conflicting work issues and deadlines to ensure deliverables are met and knows when to escalate urgent matter on timely manner.Good in analytical and numerical skills with sound financial awarenessBeing able to work under fast paced environmentExperience using JDE/SAP and MS Office applicationRequirement to work some Public Holidays / Saturdays.This position’s primary interfaces are:InternalCountry Sales leadership teamStrategy and Finance directorCountry Finance Manager / Performance ManagerBP GBS functions & BPOExternalBP CustomersSuppliersEducation, ExperienceEssential Criteria & Key competenciesBachelor’s Degree in Business, Finance, Accounting, or related field. Professional Chartered Accountants are preferred.This is an individual contributor role but 3 years of experience in people management / leading teams would be preferred.6-8 years of experience with strong credit management background in banking, financial services, or a blue-chip corporate credit environmentBasic Finance, Accounting, Performance Management experience in an international / MNC environment.Shared service center experience; preferably in oil and gas industry, lubricants industry or similar (eg. paint, chemical, batch processing industry) would be desirable.Proficiency & experience in MS Office, Power BI, SAP & JDEKey CompetenciesWise Decision: The ability to make informed and effective decision – ProficientInnovation: The ability to create innovative solutions to business challenges - IntermediatePartnership and teamwork: The ability to work with others to make a real difference - ProficientBusiness Awareness: the ability to embrace the changing business environment – IntermediateLeading People: The ability to willingly take the lead when needed – ProficientPerformance bias: The ability to work in ways that achieve remarkable performance - IntermediateTechnical Competencies:Understands financial and accounting information, both published and internal. Aware of the principles and standards on which accounts are based and able to apply this knowledge in the workplace – ProficientEnsuring that BPs internal control remains effective through compliance with internal requirements via the application of controls and due diligence processes across all business activities. Understands what effective control means in the BP context, the main control elements that need to be in place and how its application can lead to the provision of the required level of financial assurance - IntermediateThe ability to monitor and constructively challenge business performance to meet or exceed plan targets through the development, implementation, and maintenance of rigorous performance management processes. The ability to collaborate with others to develop performance contracts which link individuals to organizational objectives, focusing in-year business performance conversations on next actions to be taken. The ability to provide performance or forecast data that meets the business needs which is relevant, complete, accurate and timely - ProficientApplying processes and systems that provide for effective internal control, financial discipline and efficient service, both from within the Function and through outsourced partners. Ability to communicate effectively and work collaboratively with IT&S – Foundation.Managing projects and related organizational change to ensure optimal use of resources and achieve objectives within schedule and budget. Contributing to the delivery of projects by applying financial control and accounting skills to the project financials and monitoring performance metrics - IntermediateValue & BehaviorsOwn your successAccountable for delivering innovative business outcomesSeeks opportunities to improve and digitize process deliveryAdheres to safe and ethical work practicesThink bigActively builds own knowledge, capabilities and skills for the futureValues teamwork and collaborates to achieve resultsBe curiousWilling to suggest new ways of working, processes and technologiesEnsures the delivery and improvement of digital solutions to benefit customersEffortless Customer ExperiencesUnderstands customer needs and delivers digital seamless self-service customer experiencesDigital firstApplies creative digital solutions to solve problemsTravel RequirementNo travel is expected with this roleRelocation Assistance:This role is not eligible for relocationRemote Type:This position is not available for remote workingSkills:Legal Disclaimer:We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, ****** orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.