Senior Risk Manager 2 - Credit Risk at GE Healthcare

Job Description Summary

The Credit Leader for GE Healthcare's EMEA and South Asia regions is responsible for leading the team that determines credit limits for customers and distributors (trade credit), manages and further develops risk mitigation strategies, follows up on issues and seeks continuous improvement in processes and controls.GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.

Job DescriptionResponsibilities

• You will be responsible for managing the credit risk of short-term trade receivables portfolio under delegated authority for Europe, Middle East, Africa and South Asia. This includes identifying, measuring, monitoring and controlling credit risk in a manner consistent with GE's risk appetite.
• Ownership of credit extension, payment terms, downpayment requirements, restricted cash countries, watchlist customers, payment plans, late fees, recurring customer reviews and regular and ad-hoc reporting.
• Customer-focused development of efficient risk mitigation strategies such as collateral and credit insurance.
• Role excludes management of early/late collections, but close co-operation and exchange of lessons learnt with collections teams is essential.
• Shared ownership of enforcement and further development of Global Credit Policy framework
• Drive continuous improvement towards standard work and automation.
• Leadership, management and development of team of credit analysts to maintain high level of engagement.

Qualifications and experience

This role requires significant hands-on experience in the Risk Management & Credit Risk areas. Knowledge level is comparable to a Master's degree from an accredited university or college (or a high school diploma with relevant experience)

• Strong oral and written communication skills.
• Strong interpersonal and leadership skills.
• Demonstrated ability to analyze and resolve problems.
• Demonstrated ability to lead programs / projects.
• Ability to document, plan, and execute programs.
• Established project management skills.

Desirable skills

• Knowledge of common risk metrics such as probability of default and loss given default ratings, scoring systems, as well as delinquency and reserve rates is desired

Eligibility requirements

A good level of English and a valid work permit.