• Conduct factoring survey, prepare Sales Ledger Analysis with detailed risk analysis and mitigation for Relationship Managers to submit Credit Line or Special Approval to Commercial Credit
• Ensure fulfillment of all facility/debtor approval conditions required by Commercial Credit, Import Factor and/or Credit Insurer
• Ensure proper and complete execution of facility documents prior to drawdown of approved factoring facility
• Monitor overdue debts & follow up the collection with debtors and clients, and keep credit insurer informed of the overdue status
• Follow up with import factors on debtor collection status & to claim guarantee payment (if necessary) on overdue debts
• Work with Credit Insurers on lodgment of claim and subsequent recovery work
• Conduct debt reconciliation and confirmation according to pre-defined factoring product manual
• Review CAR raised by Factoring Operations that require technical advice/recommendation from Trade & Factoring Team
• Track client/debtor performance and identify exceptional, problematic or suspicious debtor to provide early warning signals to supervisors, Risk and Relationship Managers to minimize potential loss of bad debts
• Prepare periodic factoring credit control report and operational risk reports
• Handle and resolve enquires raised by clients for factoring assignment and debtor payment
• Promote usage of trade finance and service products and provide advice on product structuring to Relationship Managers to facilitate product offering to prospective clients and trade facility setup
• Keep update of trade & factoring market developments and competitors’ strategies
• Work with supervisors and Relationship Managers in trade and factoring business development
  
  

Requirements

• University graduates with 3-5 years’ experience in trade and/or factoring sales.
• Solid experience in evaluating factorability of prospect clients, conducting factoring survey, receivables reconciliation, and debt monitoring & collection.
• Good analytical skill and credit sense in analyzing relevant data from clients' portfolio and market in order to determine credit worthiness of the referred business.
• Strong business development skills and marketing sense to keep up-to-date information in implementing and monitoring business development.
• Strong interpersonal skills in establishing and maintaining relationship with internal and external customers.