Credit Risk Analyst
EATONBudapestUpdate time: September 19,2022
Job Description
Would you like to make a difference to the environment? Do you want to work for a global and ethical company? Join us and help us provide energy-efficient solutions that make a real impact. We make what matters work. To find out more about us check: https://www.youtube.com/watch?v=baa_aiJ4L7E. As a Credit Risk Analyst - reporting to the EMEA Credit Risk Manager – you will be responsible for controls and processes that drive adherence to EMEA Credit Management policy. You will identify potential credit risks across the customer base and will liaise with key stakeholders all levels within Eaton. Your main responsibilities: Work as a ‘Business Partner’ with finance, accounting, business operations and senior management across regions and systems (for ex. SAP) - submitting and obtaining approval for all credit limits and managing the release of all credit-blocked orders Ensure full portfolio is compliant to Credit Procedures and meets internal controls, Sarbanes Oxley&audit requirements. Ensure all customer master data in the area of credit management is accurate and up to date Conduct creditworthiness checks on new&existing customers using 3rd party credit agencies. Developing & using own financial analysis skills Provide risk recommendations to management for new and existing customers based on available information. Manage and monitor end-to-end decision-making process to ensure alignment to customer (internal/external) expectations Provide analysis, recommendations and decisions on credit–blocked orders utilising the EMEA Credit Procedure and take appropriate actions/notify and discuss with relevant stakeholders Help to negotiate acceptable solutions and credit risk mitigation actions with stakeholders where required. Ensure risk escalation process is followed, informing senior EMEA management as necessary Support standard Credit Management KPI’s in conjunction with the collection teams (Past Due, Collection Efficiency and DSO goals) Ensure integrity of customer terms across the region and recommend/drive standardization of terms across divisions where required Assist EMEA Credit Risk Manager with periodic or ad hoc financial reports and assisting with Atradius Credit Insurance reporting Qualifications Your experience matters: Possess a basic or good understanding of corporate credit risk analysis - or willingness & ability to learn this. Preferably some experience in a multinational company in Finance/Credit/Collection role Basic understanding of the Order to Cash proces Can manage own time / priorities / multiple tasks under pressur Good decision-making skills and knowing when to escalate at the correct times. Track record in achieving and exceeding goals/targets essential Problem-solving skills Strong customer focus and service delivery Communication skills: ability to write accurate, clear, concise bullet points covering key issues Strong business English (the working language of this position) Some Excel skills Strong team player / happy with hard but interesting & varied (& career-building) work! What we offer to you: Permanent contract in a fast-growing global company Challenging projects in dynamic collaborative team Flexible working solutions (hybrid, flexible working hours) are implemented across different EMEA locations We make ethics and culture matter – You will enjoy working in supportive and collaborative workplace where ethics and safety are in our DNA We make your perspectives matter - Different points of view are what drive innovation and collaboration, and at Eaton, innovation begins with top-to-bottom diversity. Our senior leadership is made up of individuals from diverse groups to help create an environment where employees feel represented and heard at every level We make your growth matter - We invest in our employees for the long term – not just with salary and benefits, but with ongoing learning and development opportunities made available through Eaton University We make your contributions matter - reliability, safety, efficiency, and sustainability are at the core of our dedication to improving people’s lives and the environment through power management technologies We make your wellbeing matter – We put your health and safety first. Wellness at Eaton is more than a program, it’s about changing the environment by offering the right tools to help empower employees to make that happen We make your voice matter - we value safety and trust. This is a place where you can speak up and be heard. There’s room here for everyone because we believe that every person matters #LI-IH1 What you will get from us Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees. We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody. We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law. Job: Finance/Accounting Region: Europe, Middle East, Africa Organization: Corporate Sector Job Level: Individual Contributor Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes – Hybrid Does this position offer relocation?: No Travel: No

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