Credit Risk Manager

1 week ago

City of Knox, Australia Cummins Inc. Full time

DESCRIPTION

You will make an impact in the following ways:

  1. Prepare entity or region credit reporting, planning and forecasting.
  2. Analyse credit exposures of an entity or region of a business segment.
  3. Understand trade finance and credit management skills to support the business.
  4. Perform credit-worthiness reviews on new and existing accounts at the entity or region level in line with Corporate Policy, ensuring minimal risk to the business.
  5. Support the standardization of processes where possible within applicable entities or within a region across the business unit.
  6. Develop and produce regional or global reports to monitor Accounts Receivable performance against approved business segment credit limits.
  7. Prepare metrics analysis and consolidated credit reporting for the entity or region, as well as ad hoc credit analysis and reports as required.
  8. Partner with sales/commercial function on key business growth needs by providing credit/financial support.
  9. Encourage cross business segment communication on credit issues involving common customers within the region to develop risk mitigation strategies.
  10. Coordinate effectively with all stakeholders to optimize customer experience.
  11. Support the implementation of Corporate Credit Policies and assures audit compliance against them.
  12. Lead special projects to improve Accounts Receivable credit systems, reporting and processes.
  13. Implement and manage the reporting and analysis of credit risk strategies and receivables performance health metrics with a focus on continuous improvement.
  14. Responsible for audit of credit notes raised by the business to ensure compliance.
  15. Manage the internal and external audit reviews of our department.
  16. Interpret credit policy, guidelines and procedures, particularly with respect to both compliance and performance reporting.
  17. Understand, implement and monitor PPSR Strategy.

RESPONSIBILITIES

Critical Competencies:

Financial acumen - Interpreting and applying understanding of key financial indicators to make better business decisions.

Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.

Values differences - Recognizing the value that different perspectives and cultures bring to an organization.

Credit Management - Assesses customer credit worthiness and risk to ensure that credit limits support sales strategies while maximizing accounts receivable collectability and minimizing bad debt balances; evaluates business opportunities to maximize sales without taking on undue balance sheet risks; analyzes customer payment performance to identify potential risks in order to optimize collection efficiency and minimize bad debts.

Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.

QUALIFICATIONS

Additional Information:

Hybrid Work – Mondays & Tuesday On-Site/ Wednesday – Friday Remote

Highly Preferred Skills/Experience:

  • Strong Business Partnering skills
  • Experience in operational credit strategies both credit risk & collections
  • College, university, or equivalent degree in Accounting, Finance, Economics or related subject required.
  • Progress toward financial certification is also preferred.

Job: Finance

Organization: Cummins Inc.

Role Category: Hybrid

Job Type: Exempt - Experienced

ReqID: 2405471

Relocation Package: No

#J-18808-Ljbffr

  • Senior Credit Risk Manager

    5 days ago

    City of Yarra, Australia Gated Talent Full time

    We are looking for a Senior Credit Risk Manager to join our team at Gated Talent. As a key member of our credit risk management team, you will be responsible for developing and implementing credit risk management strategies to ensure adherence to established credit policies, frameworks, and regulatory obligations.Key Skills and Qualifications:Deep...

  • Credit Risk Analyst

    3 hours ago

    Council of the City of Ryde, Australia Paxus - Technology + Digital Talent Full time

    Role & Responsibilities:Model Development & AnalysisBuild and enhance predictive credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD).Leverage statistical techniques and machine learning to analyse historical data and macroeconomic trends for model refinement.Data Processing & ExplorationPerform...

  • Credit Risk Specialist

    2 hours ago

    Council of the City of Ryde, Australia Paxus - Technology + Digital Talent Full time

    About the RoleThis position focuses on credit risk model development and management. The ideal candidate will have expertise in building predictive credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD).The selected individual will leverage statistical techniques and machine learning to analyse...

  • Financial Analyst

    2 hours ago

    Council of the City of Ryde, Australia Paxus - Technology + Digital Talent Full time

    Credit Risk Analyst PositionWe are looking for a highly skilled Credit Risk Analyst to join our team at Paxus - Technology + Digital Talent. In this role, you will be responsible for credit risk model development and management, with a focus on building predictive credit risk models.You will leverage statistical techniques and machine learning to analyse...

  • Credit Risk Modelling

    2 weeks ago

    Melbourne City Centre, Australia HAYS Full time

    Credit Risk Senior Analyst, Model Review (Credit Risk Modelling) Risk Perm/Contract Your new company Leading provider of specialist financial products, services and advice to banking and financial services. Your new role responsibility for developing and coordinating the implementation of risk management strategies, programs and projects to identify and...

  • Credit Risk Portfolio Officer, Lismore

    14 hours ago

    Lismore City Council, Australia Summerland Credit Union Full time

    Job Category: Banking and Financial ServicesAbout SummerlandWelcome to Summerland, where banking meets community values. We are a customer-owned bank and a certified B Corporation, dedicated to serving the residents of vibrant Northern Rivers Region.At Summerland, we prioritise the well-being of our customers and our environment, ensuring that every...

  • Credit Lending and Compliance Officer

    15 hours ago

    Lismore City Council, Australia Summerland Credit Union Full time

    The Credit Team at Summerland aims to deliver exceptional customer experiences through prompt delivery of compliance lending services. As a Credit Risk Portfolio Officer, you will play a crucial role in achieving this goal.Your key responsibilities will include optimising the lending performance of Summerland, supporting the day-to-day operational work of...

  • Credit Manager

    1 week ago

    City of Parramatta Council, Australia The Andersen Partnership Full time

    The Andersen Partnership provided pay rangeThis range is provided by The Andersen Partnership. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.Base pay rangeA$110,000.00/yr - A$125,000.00/yrSenior Business Manager - Transactional Finance RecruitmentOur client is a leading international manufacturer and...

  • Head of Credit

    5 days ago

    City of Yarra, Australia Gated Talent Full time

    We are looking for a highly motivated professional with a strong background in credit risk and compliance who is looking to take on a leadership role in maintaining the company's financial integrity and regulatory adherence.An exciting opportunity to be part of the CampaignAgent team – a financial technology company providing innovative financial solutions...

  • Head of Credit Leadership

    5 days ago

    City of Yarra, Australia Gated Talent Full time

    Gated Talent is seeking a Head of Credit Leadership to lead our credit risk management initiatives. This role will be responsible for ensuring adherence to established credit policies, frameworks, and regulatory obligations.Key Responsibilities:Credit Risk Management: Develop and implement credit risk management strategies to maintain a balanced risk...

  • Banking and Finance Officer

    15 hours ago

    Lismore City Council, Australia Summerland Credit Union Full time

    Are you passionate about working in the financial services space? Do you want to progress your skills and experience while being part of a diverse and inclusive culture that is local and community-focused?This role at Summerland is perfect for individuals who share our vision and want to contribute to the positive impact we make in our community. As a Credit...

  • Risk Management Specialist

    3 days ago

    Albury City Council, Australia Commonwealth Bank Full time

    Overview:The Commonwealth Bank's Business Banking Risk Management division is responsible for developing and deploying risk frameworks to allow the Group to take conscious exposures to credit, market, operational, compliance and insurance risks within a Board-approved appetite.Risk Management ensures the Group has appropriate strategies and frameworks in...

  • Credit Controller

    7 days ago

    City of Monash, Australia Six Degrees Executive Full time

    Join one of the fastest-growing companies in the power tools industry, located in Notting Hill We're seeking a driven Credit Control Officer to handle payments, collections, and claims within a fast-paced and dynamic environment. In this role, you'll play a key part in nurturing strong customer relationships, ensuring timely payments, and minimising...

  • Risk Model Developer

    2 hours ago

    Council of the City of Ryde, Australia Paxus - Technology + Digital Talent Full time

    Job DescriptionPaxus - Technology + Digital Talent is seeking a skilled Financial Analyst - Credit Risk to join our team. This role involves credit risk model development and management, with a focus on building predictive credit risk models.The successful candidate will utilise statistical techniques and machine learning to analyse historical data and...

  • Credit Officer

    7 days ago

    City of Whitehorse, Australia OneFortyOne Plantations Full time

    Add expected salary to your profile for insightsOneFortyOne is a trans-Tasman business that owns and manages softwood plantation forests and operates sawmills in Australia and New Zealand. We produce and distribute timber and forest products across Australia, New Zealand and internationally.We're looking for an experienced Credit Officer to join our group...

  • AR/Credit Team Leader

    6 days ago

    City of Monash, Australia TwoScots Recruitment Full time

    AR/Credit Team Leader | South Eastern SuburbsAbout the Company:TwoScots has partnered with a well-known business seeking an experienced AR/Credit Team Leader based in the South East of Melbourne.Culture + Benefits:1 day from home + Flexible hoursSouth Eastern suburbs of MelbourneAutonomy to make changes and improve processesAbout the RoleDue to an internal...

  • Risk Management Specialist

    3 days ago

    Albury City Council, Australia Commonwealth Bank Full time

    About UsThe Commonwealth Bank is a leading financial institution dedicated to providing innovative banking solutions to its clients.Job DescriptionWe are seeking an experienced Risk Management Specialist to join our Business Banking Risk Management division. As a key member of our team, you will be responsible for developing and deploying risk frameworks to...

  • Credit and Collections Lead

    6 days ago

    City of Monash, Australia TwoScots Recruitment Full time

    AR/Credit Team Leader OpportunityAbout the Company:We have partnered with a well-established business seeking an experienced AR/Credit Team Leader based in Melbourne's South East.Culture + Benefits:Flexible working arrangements, including 1 day from home per weekOpportunities for professional growth and developmentAbout the RoleThis is an excellent...

  • Credit Officer

    3 weeks ago

    City Of Swan, Australia WesTrac Full time

    Are you ready to take on an exciting role where you can make a significant impact on our financial success? We are looking for a dedicated Credit Officer to manage our debtors ledger and ensure we maximize cash receivables while supporting sales opportunities.Location: South Guildford, WA Key Responsibilities: Full management of assigned debtors ledger,...

  • Credit Research Analyst

    1 week ago

    Council of the City of Sydney, Australia IOOF Holdings Limited Full time

    Be a part of a dedicated direct fixed income team and work collaboratively.Permanent Full-Time role.Sydney based with hybrid working arrangements.The RoleOur Credit Research Analyst is responsible for identifying investment opportunities. You will undertake credit research and analyze corporate credit risk that is currently, or has the potential to become,...