Job Description:
Credit Portfolio Risk Analyst (Solventum)
At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.
The Impact You’ll Make in this Role
As a Credit Portfolio Risk Analyst, you will play a crucial role in our Credit Risk Management team. Your primary responsibilities will include:
- Support lead manager on credit analysis and risk rating of the portfolio, based on statistical models, and lead segmentation variables.
- Monitors and proactively manages risk/exposures and compliance with policies for credit risk portfolio. Support global team with credit data analysis to formulate practical portfolio problem solving models.
- Participate on cross functional teams to identify opportunities and support initiatives for process improvements, centralization, and standardization.
- Monitor performance of AR credit quality and analyze AR performance, aging, trends, risk exposure and advise business leadership teams in actions to be taken. Supporting management reporting for KPIs
- Educate and advise business divisions on portfolio, customer credit risk and payment terms.
As a Credit Portfolio Risk Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:
- Work in collaboration with the CIR organization to implement frameworks and global governance policies. Review and approve requests related to credit limits or payment terms.
- Provide financial counsel and analysis on DSO initiatives to the business group leaders and team, influencing business thinking.
- Leading projects related to credit risk management or working capital optimization.
- Leading SAP / S4 Hana readiness and deployment activities related to the Credit Risk
Your Skills and Expertise
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
- Bachelor’s degree or higher (completed and verified prior to start) in business, finance, accounting, economics, mathematics, and/or statistics from an accredited institution.
- Two (2) years of data analytics, data management and/or risk analysis experience in a private, public, government or military environment
Additional qualifications that could help you succeed even further in this role include:
- Experience in problem-solving, financial modeling, data analytics and data management.
- Knowledge of financial statement analysis, bankruptcy laws, basic accounting techniques, and financial principles used in analyzing and interpreting the working capital impact of decisions regarding credit risk.
- Skills include analytical reasoning, persuasive and assertive, adaptable, optimistic, innovative, collaborative, excellent written and verbal communication.
- Experience in Credit and Collections is a plus.
- Experience using SAP.
Work location:
- Remote
Travel: May include up to 10% domestic/international
Relocation Assistance: May be authorized.
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being
Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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