Credit Risk Analyst (Fixed Term Contract)

Travel Requirement: No travel is expected with this role.

Relocation Assistance: This role is not eligible for relocation.

Remote Type: This position is a hybrid of office/remote working.

Job Summary

Entity: Finance

Job Family Group: Finance 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. It 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.

Key Responsibilities:

• 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 the 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 organization.
• Exceptional analytical skills and demonstrated proficiency in IT Applications.

Desirable Criteria:

• 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 teamwork.
• 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 other benefits.

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.