Credit Analysis Specialist

3 days ago

Dubai, Dubai, United Arab Emirates Daikin Middle East and Africa Full time
Job Description

This role involves performing in-depth credit evaluations for existing and potential customers, incorporating Letter of Credit (LC) options to enhance financial security where applicable. The ideal candidate will be able to recommend suitable credit limits for accounts based on insurance backing and other credit analysis factors, balancing sales opportunities with risk mitigation.

Credit Application and Approval Process

The successful candidate will process customer credit applications, ensuring they align with corporate standards and that all requirements are met. They will review financial statements and approve credit lines, backing up all accounts with detailed records and compliance documentation.

Additionally, the candidate will provide guidance to internal and external stakeholders on credit-related queries and requirements, facilitating clear understanding of terms and compliance expectations.

Banking and Credit Insurance Coordination

The ideal candidate will work independently with banks, credit insurance companies, and credit rating agencies to secure and optimize insurance, ensuring maximum protection against credit risks.

They will liaise with banks to troubleshoot any issues in LC processing, from document discrepancies to payment schedules, ensuring smooth transactions and timely collections.

Furthermore, the candidate will support credit insurance and coverage processes, managing portfolios under insurance policies to mitigate risks and manage exposure to potential bad debts.

They will engage directly with clients to clarify queries, address account issues, and ensure compliance with contractual obligations to reduce risks of bad debt.

Finally, the candidate will arrange regular client meetings to resolve any account-related issues, fostering proactive account management and strong client relationships.

Compliance and Documentation Control

The successful candidate will maintain up-to-date and complete documents to support SOX compliance, ensuring all documents are readily accessible for audits or credit reviews.

They will perform periodic compliance checks to meet internal audit requirements and suggest improvement areas.

Forecasting and KPI Reporting

The ideal candidate will prepare and present cash forecasts and customer collection schedules, collaborating with sales teams to align on outstanding accounts and receivables status.

They will track, report, and present on performance metrics within monthly and annual KPIs for the affiliate organization, ensuring compliance with corporate credit control standards.

Expertise in Letters of Credit (LCs)

The successful candidate will oversee and manage all aspects of Letters of Credit, including Standby LCs and individual LCs, to ensure accurate documentation and compliance with financial regulations.

They will prepare and verify all required LC documentation, coordinating closely with internal teams and clients to ensure accuracy and adherence to contract terms.

Furthermore, the candidate will maintain in-depth knowledge of Incoterms to effectively structure LC agreements, minimizing risk and ensuring compliance with international trade standards.

They will act as the primary point of contact for banks on all LC-related matters, facilitating timely issuance, amendments, and payments.

LC Transaction Compliance and Reporting

The ideal candidate will develop and implement tracking mechanisms to monitor the status of LCs across the portfolio, identifying any risks or delays in payments or documentation requirements.

They will prepare detailed LC reports as needed, presenting updates on transaction status, any exceptions or delays, and insights into potential risk areas.

Finally, the candidate will conduct regular reviews of LC terms and associated costs to optimize the credit management system's efficiency and cost-effectiveness.

  • Risk Management Specialist

    6 days ago

    Dubai, Dubai, United Arab Emirates Emirates Islamic Full time

    Risk Management in BankingRisk management is a critical aspect of banking operations, requiring careful consideration of potential risks and implementation of strategies to mitigate them. In this context, the role of the Risk Management Specialist - Credit Analysis involves identifying, assessing, and managing credit-related risks. Key responsibilities...

  • Credit Risk Specialist

    6 days ago

    Dubai, Dubai, United Arab Emirates Standard Chartered Full time

    Company OverviewStandard Chartered is an international bank with a presence in over 70 markets across the globe. With a history spanning over 170 years, we have a strong reputation for providing innovative financial solutions to our clients.About the RoleWe are seeking a skilled Credit Risk Specialist to join our team. As a Credit Risk Specialist, you will...

  • Credit Markets Specialist

    2 days ago

    Dubai, Dubai, United Arab Emirates Standard Chartered Full time

    About the RoleWe are seeking a highly skilled Credit Markets Specialist to join our team. In this role, you will be responsible for managing and executing credit market transactions from origination through closing.The ideal candidate will have a strong understanding of credit markets, deal structuring, and the ability to work cross-functionally with various...

  • Credit Control Specialist

    1 day ago

    Dubai, Dubai, United Arab Emirates Kinetic Business Solutions Full time

    Financial Operations:The HR Specialist is responsible for managing our company's financial operations, including collecting outstanding payments from clients, analyzing data to identify trends, and collaborating with the finance team to ensure effective cash flow management.Responsibilities:Develop and implement strategies to improve collection rates and...

  • Specialist- Credit Management- POS

    4 weeks ago

    Dubai, Dubai, United Arab Emirates First Abu Dhabi Bank Full time

    Specialist- Credit Management- POS (Emiratized Role)Full-timeDivision: Group CreditJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent and...

  • Financial Analysis and Collections Manager

    5 days ago

    Dubai, Dubai, United Arab Emirates Logicom Public Ltd Full time

    Financial Risk Management SpecialistWe are seeking a Financial Risk Management Specialist to manage and optimize the credit and collections function across the UAE and Gulf region. This role involves developing and implementing credit policies aligned with business objectives and market conditions.This position requires close collaboration with key...

  • Credit Policy Specialist

    7 days ago

    Dubai, Dubai, United Arab Emirates Deem Finance Full time

    About the RoleWe are seeking a highly skilled Credit Policy Specialist to join our team at Deem Finance. In this role, you will be responsible for developing and implementing credit policies that align with the company's overall business strategy.Key Responsibilities:Develop and maintain credit policies, procedures, and guidelines.Analyze industry trends and...

  • Credit Collections Specialist

    4 hours ago

    Dubai, Dubai, United Arab Emirates Emirates Development Bank (EDB) Full time

    Job SummaryWe are seeking a highly skilled Credit Collections Specialist to join our team at Emirates Development Bank (EDB). As a key member of the bank's credit management department, you will play a critical role in minimizing delinquencies and maximizing cash collection and recovery.Main ResponsibilitiesAdminister delinquent and NPL portfolios to prevent...

  • Specialist- Credit

    1 day ago

    Dubai, Dubai, United Arab Emirates First Abu Dhabi Bank FAB Full time

    The job role forms a key part of Group Credit by recommending new credit and extensions of credit facilities through analysis of financial documents and provides support to the UAE branches. Key accountabilities include credit review of mortgage loans.Core Responsibilities- Develops proposals related to credit transactions and risks based on clients'...

  • Credit Control Specialist

    4 days ago

    Dubai, Dubai, United Arab Emirates Manpower Professional Full time

    A leading global multinational company is looking to take on board a Credit Control Specialist.The Credit Control Specialist is responsible for pursuing remaining invoices to the Company ensuring credit given to customers is monitored and controlled effectively.Main Responsibilities of the role are: Chasing debt and reducing debtor days following the...

  • Credit Control Specialist

    1 day ago

    Dubai, Dubai, United Arab Emirates Manpower Professional Full time

    A leading global multinational company is looking to take on board a Credit Control Specialist.The Credit Control Specialist is responsible for pursuing remaining invoices to the Company ensuring credit given to customers is monitored and controlled effectively.Main Responsibilities of the role are:Chasing debt and reducing debtor days following the company...

  • Specialist- Credit

    4 days ago

    Dubai, Dubai, United Arab Emirates First Abu Dhabi Bank Full time

    Company Description Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you...

  • Specialist- Credit

    2 weeks ago

    Dubai, Dubai, United Arab Emirates First Abu Dhabi Bank Full time

    JOB PURPOSE:The job role forms key part ofGroup Credit by recommending new credit and extensions of creditfacilities through analysis of financial documents and providessupport to the UAE branches and DSF key accountabilities includecredit review of mortgageloans.Core responsibilities DevelopsProposal Related to Credit Transactions and Risks based on...

  • Debt Management Specialist

    7 days ago

    Dubai, Dubai, United Arab Emirates Creditcare Credit Management LLC Full time

    Job Description:We are seeking a highly skilled Debt Management Specialist to join our team at Creditcare Credit Management LLC.The ideal candidate will be responsible for analyzing clients' financial situations, offering advice, negotiating with creditors, and helping clients develop practical plans for repayment. The goal is to provide personalized...

  • Credit Risk Mitigation Specialist

    5 days ago

    Dubai, Dubai, United Arab Emirates Logicom Public Ltd Full time

    Credit and Collections ExpertWe are looking for an experienced Credit and Collections Expert to join our team in the UAE and Gulf region. This role involves leading the credit and collections function to manage credit risk, optimize collections, and enhance cash flow management.This position requires close collaboration with key stakeholders, including the...

  • UAE and Gulf Region Credit Lead

    6 days ago

    Dubai, Dubai, United Arab Emirates Logicom Distribution Full time

    We are looking for a highly experienced Risk Assessment and Collections Specialist to join our team in the UAE and Gulf region.Job DescriptionDevelop and implement efficient credit control processes, reducing DSO (Days Sales Outstanding) and improving cash flow.Lead and optimize collections strategies to ensure timely recovery of receivables across UAE and...

  • Credit Management Specialist

    3 weeks ago

    Dubai, Dubai, United Arab Emirates Vizrt Full time

    The Credit Management Specialist is responsible for managing an organization's credit policies and processes, ensuring that the company effectively handles its accounts receivable, minimizes credit risk, and maximizes cash flow. While reporting to the Director of Credit Management, this role involves evaluating the creditworthiness of clients, overseeing...

  • Commercial Credit Representative

    5 days ago

    Dubai, Dubai, United Arab Emirates Jobot Full time

    Credit Specialist Job SummaryJoin our team as a Credit Specialist and take on the challenge of working with customers, conducting collection calls, and maintaining credit status on assigned accounts.Key Responsibilities:Provide support to Customer Service and Sales regarding current accounts.Notify Credit Manager of accounts that have aged past 70...

  • Credit Recovery Specialist

    5 days ago

    Dubai, Dubai, United Arab Emirates TASC Outsourcing Full time

    TASC Outsourcing is seeking a Credit Recovery Specialist to join our team. In this role, you will be responsible for making outbound and inbound calls to follow up on overdue payments and negotiate payment terms.The successful candidate will have a degree in Finance or Accounting and experience in collections or a related field. They must also possess strong...

  • Credit Control Specialist

    2 days ago

    Dubai, Dubai, United Arab Emirates Mercantile Full time

    Mercantile is looking for a Credit Control Specialist to manage the company's receivables process. The successful candidate will be responsible for generating and sending accurate invoices, tracking payments, reconciling accounts, and ensuring timely collections. To excel in this position, you should have strong financial acumen, excellent communication...