Credit Specialist

The Credit Specialist is responsible for conducting comprehensive credit assessments as well as setting appropriate credit limits for customers. This includes a thorough analysis of financial data to measure and evaluate the inherent risks associated with granting credit to customers best possibly.

Financial Analysis Conduct a thorough analysis of the financial statements of companies to evaluate their financial health which includes examining income statements, balance sheets, cash flow statements, and other relevant financial data

Recognize potential problematic situations and escalate them to the Team Lead

Credit Risk Management

Collect relevant information about customers, business climate, sector development from public and other sources.

Perform manual credit assessments or review & revise the system-generated credit proposals, if needed

Collect requests coming from the business and evaluate the need to modify the credit limits previously assigned.

Create credit limit applications, take credit decisions, and approve credit limits in the system.

Proposal for write-off / bad debts provision

Preparation of payment term applications

Support business during negotiation on specific payment terms requests from customers and check financial clauses / invoicing requirements.

Shipment release/monitoring in the ERP against credit limit block

Periodic Review and Monitoring

Evaluate and analyze changing market conditions that may impact the creditworthiness of specific customers or industries.

Foresee potential changes of or impact on credit limits due to economic fluctuations within a country and propose suitable strategies to mitigate risks for the company.

Consider other changing conditions that may influence credit risk.

KPI reporting and monitoring.

Compliance and Regulatory Adherence

Ensuring compliance with regulatory requirements and internal control procedures

More than 3 years of working experience in a Credit Management function, preferably in an international environment

Bachelor's degree in finance, Business Administration, Accounting or similar

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

Proven 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

Ability to analyze and evaluate financial documents and data

Effective verbal and written communication skills to present evidence from credit analysis and interact with relevant stakeholders

Proficiency in making informed decisions based on financial analysis

The Credit Specialist is responsible for conducting comprehensive credit assessments as well as setting appropriate credit limits for customers. This includes a thorough analysis of financial data to measure and evaluate the inherent risks associated with granting credit to customers best possibly.

DB Schenker is acting as an Employment Agency in relation to this vacancy.