Job Summary:
One of our clients in Dubai is looking for Financing Representative.
Key Responsibilities:
- Financing sales activities
• Financing offering
• Negotiation of financing conditions within frames established by the Management
• Follow-up on competition and competitors’ financing conditions
• Develop and maintain good working relations with the company sales organization (particularly HHA)
• Collection of credit information
• Evaluation of financing margins - Credit assessment
• Credit assessment of customers and prospects
• Preparation of credit decisions
• Make recommendations for credit decisions and securities
• Documentation and quality follow up on credit information
• Develop local adaptations to the credit policy and make suggestions for revision of the Credit Policy - Credit administration
• Controlling financing agreements, supplementary documents and securities by way of the 4-eye principle along with the Dubai based Administrator
• Assure agreements are properly dated, stamped and signed and if applicable legalized in due course
• Collection of documents required pre/at delivery such as acceptance certificate and insurance policies
• Jointly with the CA registering Pledge Agreements in the official system and concluding promissory notes in line with local regulations and procedures, for all customer contracts - Business Development
• Development and introduction of new products and services
• Develop and maintain relations to strategic financing partners and suppliers in the region - Reporting
• Support in sourcing data and preparing financing sales statistics
• Supporting the preparation of monthly reports - Credit Risk Control
In this field the FR has a dotted line of subordination to the CRM in accordance with the Credit Risk policy
• Pro-active collection of payments and monitoring of non-payers
• Legal issues related to bad payers
• Repossessions
• Continued follow-up on parties having issued guarantees
Requirements:
- Experience
- The period of practical experience normally required coping with the duties: 2-5 years Essential experience:
- • Relationship building
- • Financing
- • Credit evaluation
- • Business
- • Computer (user)
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