Group Risk Manager

Emerson Electric
Leicester, UK
18 Sep 2019
25 Sep 2019
Contract Type
Full Time
Reporting to the Director Customer Financial Services Europe the job holder is responsible for managing the credit vetting, analysis, reporting and credit limit approval service for the European group.
The job holder is tasked with minimizing the company's working capital requirements by granting credit facilities only where sales can be maximized with acceptable levels of risk, which requires good and proven analytical and negotiating skills during discussions with sales management and customers alike.

The identification and analysis of credit information and trends is a fundamental requirement for the job.

The ability to provide sound judgment is essential.

• Manage and motivate the credit risk team of ten direct reports based in Cluj and Prague, providing an effective and efficient credit management system which enables the Company to maintain profitability and maximize earnings whilst minimizing exposure to potential bad debts.
• Approve and review credit limits up to $3,000,000 within defined risk bands and recommend limits above this figure, in order to support the sales force to maximize sales and achieve targets whilst minimizing the company's exposure to the likelihood of bad debts.
• Under the direction of the Director Financial Services Europe, develop, recommend, implement and maintain business information sources and Credit Risk Analysis & Scoring models appropriate to the needs of the business and to the continued efficiency and improvement of the service provided by the CFSE team.
• Analyze and assess credit risk for existing and potential customers, and provide information and recommendations in order to allow the sales force to focus on creditworthy opportunities
• Support the Credit Management process by continual review of customer's creditworthiness with the sales force and ensure compliance with agreed policies and procedures, recommend changes and ensure the Company's achievement of Best Practice wherever possible.
• Provide to the Director Customer Financial Services Europe and Senior Management all appropriate and requested credit risk analyses within agreed time scales.
• In circumstances where a credit decision is required outside the parameters of strictly laid down procedures, the job holder must regularly use high levels of analytical and business judgment to achieve solutions appropriate to the needs of the sales force and provide sound recommendations.
• Consults and discusses with the Director Customer Financial Services Europe, all credit limit or procedural issues on which the job holder is unsure.
• Support the Collection, Credit Risk and Sales Management teams by means of advice, coaching, mentoring and motivation whenever necessary. Provide direction and focus through regular meetings and training and ensure compliance with established company credit policies and procedures.
• Credit Reviews are dealt with both on a planned and day-by-day basis to ensure timely processing of customers orders.
• Sets own priorities within framework of established procedures.
• The job holder will be required to travel extensively within Europe.REQUIRED QUALIFICATIONS AND EXPERIENCE
• Five years solid International commercial credit experience
• ICM or equivalent qualification
• Extremely computer literate (must include Advanced Excel)
• The successful applicant will possess a high level of commercial and financial awareness and a broad understanding of business issues and demonstrate sound commercial judgment.
• Highly numerate
• Ability to communicate at all levels within the business
• Fluent English is essential and knowledge of any other relevant language is desirable.

• Action Orientated
• Building Effective Teams
• Business Acumen
• Customer Focus
• Dealing with Ambiguity
• Decision Quality
• Developing Direct Reports and Others
• Drive for Results
• Ethics and Values
• Innovation/Improvement Skills
• Integrity and Trust
• Interpersonal and Communication Skills
• Managerial Courage
• Managing Vision and Purpose
• Motivating Others
• Perseverance
• Perspective
• Presentation Skills
• Priority setting
• Strategic AgilityAbout Emerson
At Emerson, we are innovators and problem-solvers, focused on a common purpose: leaving our world in a better place than we found it. Each and every day, our foundational values-integrity, safety and quality, supporting our people, customer focus, continuous improvement, collaboration and innovation-inform every decision we make and empower our employees to keep reaching higher.

As a global technology and engineering leader, we provide groundbreaking solutions for customers in industrial, commercial, and residential markets.

Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production and protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure.

Emerson, a Fortune 500 company with $17.4 billion in sales, more than 20 Innovation, Solutions & Engineering Centers, and 200 manufacturing locations worldwide, is committed to helping employees grow and thrive throughout their careers.

Whether you're an established professional looking for a career change, an undergraduate student exploring options or a recent MBA graduate, you'll find a variety of opportunities at Emerson. Join our team and start your journey today.

Similar jobs

Similar jobs