Credit and Financial Risk Manager

7 days ago


Dubai, Dubai, United Arab Emirates Asterix Communications Full time

About the Position:

We are seeking an experienced Credit and Financial Risk Manager to join Asterix Communications. The successful candidate will be responsible for proactively managing the credit exposure of the organization and implementing a credit policy and control framework to manage counterparty credit risk.

Key Responsibilities:

  1. Develop and implement a comprehensive credit policy framework to manage credit exposure and mitigate risk.
  2. Conduct thorough credit evaluations of corporate and institutional customers, including financial analysis and risk assessment.
  3. Establish and maintain credit limits and monitoring processes to ensure effective credit exposure management.
  4. Collaborate with internal stakeholders to ensure credit limits and controls are set up in the system and are being adhered to.
  5. Source client credit history and credit scores from reputable credit bureaus and rating agencies.
  6. Provide critical inputs to Finance for receivable provisioning and write-off decisions.
  7. Support Treasury and Corporate Finance Director in managing other key financial risks, including commodity risk exposure and working capital investment.

Requirements:

  1. Bachelor's Degree in a relevant field, such as Finance, Accounting, or Economics.
  2. Professional certifications, such as CA, CPA, CFA, or ACCA, or an MBA with a Finance major.
  3. At least 10 years of experience in credit risk management, preferably in a large corporation.
  4. Strong analytical and problem-solving skills, with the ability to develop and utilize credit risk models.
  5. Excellent communication and presentation skills, with the ability to convey complex risk analysis findings to stakeholders.

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