Entity:
Finance
Job Family Group:
Job Description:
The Credit Risk Analyst role exists to do appraisals for new and existing customers consistent with Credit Policies and Standards and propose mitigation strategies and also provides assistance and business support to the bp Southern Africa sales teams and monitors customers’ transactions against credit limits while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.
Job Description
Execute routine day-to-day credit risk operations to ensure delivery meets customer and business expectations
Understand and operate the Global Credit Policy, Group Credit Standard as well as related R&M Credit Processes.
Ensure GBS securely stores all information in accordance with the requirement of the policies and standards ensuring compliance with any data privacy requirements.
Key contact to Transunion/Experian and other related credit bureaus and control of user access within center
Escalation point in GBS Centre for all credit related queries
Conduct credit risk evaluations on new and existing customers, establish, update or obtain credit limit approvals for them, interpret financial information to extrapolate risk factors, develop and prepare business cases for escalations and recommendations
Essential Education
Bachelors degree in Finance, Accounting, Business or related field / equivalent NQF level 6
Essential Experience
3-5 years relevant experience as a risk analyst in a credit environment
Preferably in the oil industry, banking, financial services or blue-chip corporate credit environment
Clear ability to perform financial statement analysis
Demonstrated attention to detail and ability to adhere to processes
Ability to work within deadlines with attention to detail and accuracy
Strong written and verbal communication skills – the role requires communication to all levels within the organisation
Exceptional analytical skills and demonstrated proficiency in IT Applications
Desirable Criteria
Desirable:
Experience using Transunion, Experian or other related Credit Bureaus
Experience working in Global Shared Services environment
Strong organizational skills
Experience working in a fast paced environment and ability to adapt to changing priorities
Proven track record of effective team work
Good investigative and analytical skills, able to prioritize work and meet strict deadlines.
Customer focused, service oriented and performance driven.
Demonstrated ability to multitask with limited direction and supervision
System knowledge:
Advanced knowledge of SAP, ISP & JDE
Strong Excel
Key Competencies:
Financial Transaction Recording - 3
Accounts Analysis & Reconciliation - 3
Inbound Document Management - 3
Exception Management – 3
Credit Management – 3
Customer Inquiries and Dispute Resolution - 3
Risk & Compliance Management – 2
Data Management & Control – 2
Customer Service Delivery Excellence - 2
We support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and many others benefits.
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
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, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/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 adjustment/accommodation related to the recruitment process, please contact us.
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.