At Coface we make trade happen everyday
Coface is a team of 5,200 people of 80 nationalities across nearly 58 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses.
With 80 years of experience, Coface is a leader in the credit insurance and risk management market. We have also developed a range of other value-added services, including factoring, debt collection, Single Risk insurance, bonding, and information services.
As a close-knit, international organisation at the core of the global economy, Coface offers an enriching work experience on several levels: relational, professional, and cultural.
Every day, our teams are making trade happen. Join us!
Job Description
Mission:
- Analyze the payment's ability of buyers, in the frame of each sector and country.
- Set a maximum envelope on a buyer or a group, issue limits to be monitored upon updated information.
- Participate in profitable developments of commercial business by analyzing new clients portfolios and by improving the acceptance rate of existing contracts.
- The incumbent will operate within the delegation profile as stated in the general rules for the Group Underwriting activity.
Job Description:
Credit risk analysis
- Analyze information on debtors as provided by internal systems (Atlas, Atlas Info) in order to set credit
limits.
- Follow Maximum Standard Exposure (MSE), Maximum Debtor Exposure (MDE) and/or Maximum Group Exposure (MGE) process to propose maximum ceiling to be set on a buyer or a group.
- Maintain quality, productivity and process time standards set by Group risk underwriting department.
Monitoring
- Monitor closely policyholders portfolio in order to mitigate loss.
- Review credit limits upon any additional information (negative report, extension of credit terms,
deterioration of buyer's environment: sectors or country, press clippings).
- Determine the Extension Due Date (EDD) in co-operation with the Account Managers and Claims department.
Customer relationship
- Inform and explain credit restrictions to policyholders when granting, reducing or cancelling limits,
where required.
- Network with Enhanced Information Center, Debt Collection, CRM and Sales departments to ensure an
optimal account management process flow within defined SLAs.
Commercial support
- Appraise restrictive decisions, low DRA, and any other relevant data prior to the renewal
of contracts.
- Participate in meetings with prospects, policyholders, brokers and banks set up by the commercial team
to ensure business acquisition, retention or renewal, as appropriate.
Compliance
- Ensure compliance with regulations and procedures as laid down by Coface and external regulators.
Qualifications
- Degree in Business Administration or any related discipline with financial, economical and insurance
- At least 5 - 10 years in financial or credit analysis. Prior risk underwriting experience will be a plus.
- Good knowledge of credit insurance business and credit risk management
- Awareness of macro-economic/ political climate
- Ability to gather and analyze information from various external/internal sources: financial statements, sector and country economical reports, other departments data etc
- Strong communication and interpersonal skills with good analytical ability
- Good written and verbal communication in English and Chinese to speak with stakeholders in Asia Pacific countries.
Additional Information
- Flexible working model: up to 3 days of home office per week after the 1st month
- Career opportunities: Opportunity to build your career (both locally and internationally) in a large global company, one of the world leaders in its field
