Recruitment fraud and scam alert

Please be aware that Borouge has been receiving notices from candidates seeking clarification of job offers and recruitment propositions they receive. These job offers come from organisations or individuals who are falsely pretending to recruit on behalf of the Abu Dhabi Polymers Company (Borouge) or by people claiming to work for, or are affiliated, to Borouge. In return, they ask the recipients of the job offers to transfer a significant sum of money to pay for certain employment requirements such as visa, etc.

Please note that neither Borouge nor any of the legal organisations that recruit on our behalf ask for any money or payments from applicants at any point throughout the recruitment process. All the successful individuals who have been directly or indirectly provided with job offers from Borouge are always required to go through a formal recruitment process. All communications with this regard should originate from a verifiable Borouge email address (borouge.com) and not from an internet email addresses such as hotmail, yahoo or others.

What you need to do…

• Do not respond to unsolicited job offers from organisations or email addresses that you do not know or trust especially when you have not applied nor gone through any interview with Borouge yet

• Do not disclose your personal or financial details to anyone you do not know or trust or on a website you are not familiar with

• Be aware and look out for suspicious signs such as communications from non-Borouge email addresses, poor use of English and materials and requests for fees or money

As we extend our compassion to those who have been victimised or lost money in this way, Borouge cannot be held responsible for these scam actions.

中东 عربى English
亚太北部地区 中国 English
亚太南部地区 中国 English




BOR2956 - Manager, Credit Analysis

公司 Borouge Pte Ltd (Singapore)
职能 Finance
职位类别 Finance
地点 Singapore
合同类型 Full Time / Permanent
关闭日期 31-Mar-2021
About The Role

Reporting to the Head, Credit, you are responsible for setting Borouge’s strategic credit risk taking direction, providing effective credit risk management and driving credit performance. You are also responsible for credit risk analysis including credit evaluation of credit quality, credit limit setting, credit portfolio management, credit risk mitigation and monitoring. Lastly, you are responsible for developing credit analysis team through coaching, mentoring and training.

Key Accountabilities

Key Accountabilities

  • Lead the credit analysis function across Borouge PTE, covering credit risk in Middle East Africa and Europe, Asia North and Asia South
  • Manage the full credit risk across Borouge territory and Borealis territory for Borouge materials
  • Develop and implement credit risk analysis framework (procedure and methodology)
  • Develop strategy to balance credit risk and business opportunity and growth
  • Business partnering with sales, marketing and other functions
  • Build the competency of credit risk analysis and industry knowledge
  • Manage the credit risk analysis team to be highly efficient in credit risk analysis
  • Maintain an effective and motivated team through proper selection, training, feedback, compensation, recognition and reward of personnel
  • Organise the Credit Committee meeting
  • Renew credit insurance program
  • Participate in the cross function credit risk management project team to implement credit risk management across the company

Credit Risk Evaluation & Limit Setting

  • Review credit quality of customer relative to the Credit Procedure, based upon the analysis of financial statement and forward looking credit risk analysis, country risk assessment, credit report / rating agency analysis, payment experience, risk and opportunity, general economic and industry trends
  • Perform customer / distributor visits to evaluate financial information, creditworthiness and deepen the knowledge of our customers
  • Manage non-disclosure / confidentiality agreements with customers
  • Support regional sales teams and credit operation teams with credit evaluation and credit risk mitigation proposal for sales execution
  • Manage the submission and approval process for credit limit application
  • Ensure credit limit approval as per Delegation of Authority
  • Manage credit insure limit application on line
  • Ensure timely and accurate credit limits and supporting static data in SAP
  • Ensure data integrity of the credit limits in SAP with insurance companies
  • Manage the monthly plan and ad hoc request for credit evaluation to ensure reviews are on time
  • Re-align credit review dates to optimize resources and financial year end of customers
  • Develop, evaluate, monitor and promote continuous improvement of credit evaluation template
  • Review and update the Standard Payment Term
  • Update Borouge and Borealis rule of engagement including credit evaluation approval process

Credit Portfolio Management

  • Assess the credit portfolio in an efficient manner that will maximise sales volume, contribute to company profitability and satisfy customer requirements while assuring adequate protection of accounts receivable
  • Perform regional analytics and prepare dashboard presentations for management relative to customer, country and regional credit risk
  • Employ credit scoring module in determining appropriate credit risk profile of a customer / customer group
  • Develop and maintain the scoring module for the analysis of credit profile relative to financials and payment performance, with score carding to sector, industry and country specific benchmarks
  • Develop credit risk performance metrics to analyse credit portfolio
  • Assess, monitor and stress test the quality of credit portfolio
  • Propose and fine-tune the risk taking appetite

Credit Risk Mitigation & Monitoring

  • Develop strategy for credit risk reduction
  • Minimize credit risk by ensuring coverage (Bank Guarantee, Standby Letter of Credit, Insurance or other means of risk mitigation) of accounts receivable
  • Coordinate and administer the receipt of any credit supports
  • Evaluate the validity and enforceability of the collateral
  • Manage credit insurance program across Borouge PTE
  • Work with business, legal and financial institution to negotiate credit structure including collateral strategy.
  • Build credit watch mechanism for early warning sign
  • Monitor the credit risk of customer continuously and revise the credit limit if appropriate or demonstrate a need for secured credit
  • Monitor, assess and report the trends and market movements which have credit risk implications to Borouge business
  • Keep management informed of any significant credit concerns
  • Provide advisory function on general credit contract terms and structure to legal and business


Qualification & Experience


  • Master degree in Credit Risk Management / Finance / Accounting / Economics / Business or related discipline

Minimum Experience, Knowledge & Skills

  • Minimum of 15 years of credit risk analysis experience from multinational companies
  • Minimum of 7 years of proven track record in a similar position in an internationally operating company
  • Lead and manage a regionally distributed credit team
  • Trade finance experience
  • Experience from the chemicals / petrochemicals industry is preferred but not a requirement
  • Demonstrated experience and competencies in financial statement analysis, credit scoring and credit risk assessment
  • Thorough understanding of financial instruments, trade financing, banking regulatory, macroeconomic issue, international trade and monetary flow
  • Fluency in English is required
  • Knowledge of other languages would be an advantage

Internal Applicant Statement

By applying for this job posting, I understand and acknowledge the following required HR criteria:

  • I understand the job scope and meet the requirement for this role.
  • I have been in my current position for at least 2 years.
  • I did not receive any disciplinary warnings for the past 1 year.
  • I obtained minimum 2 “Solid Performer” ratings and above during the past 3 years.

I understand that information relating to the above criteria and provided in this application would be shared with the interview panel as part of the HR interview process requirement.

With this application, I also understand, acknowledge and consent to the collection, storage, transfer (including offshore transfer), processing, disclosure and erasure of my personal data in accordance with, and for the purposes set out in, this statement and the Data Protection Notice for Employees. I also understand that giving or withdrawing this consent does not affect any of the terms and conditions of my contract of employment or services contract.

请注意:您需要附上以下材料: 1. Resume/CV
2. Passport-size photograph










Borouge Website Privacy & Cookie Policy

Borouge respects your privacy. This Privacy & Cookie Policy outlines how we manage and protect your personal data. It is meant to help you understand what information we collect, why we collect it, and your rights with regard to such information.

Borouge is a group of companies based in the United Arab Emirates and Singapore, with multiple offices across the globe. In this Privacy & Cookies Policy, when we refer to the Borouge Group, this means all of our affiliates, subsidiaries, related entities, and any of our branches and offices, including without limitation Abu Dhabi Polymers Co Ltd, Borouge Pte. Ltd., and Borouge Sales and Marketing (Shanghai) Co. Ltd.

The specific Borouge Group company responsible for your personal data may vary depending on the jurisdiction in which you are located. Generally, Abu Dhabi Polymers Co Ltd will be responsible for personal data collected from individuals located in the United Arab Emirates, and Borouge Pte. Ltd. will be responsible for personal data collected in all other jurisdictions.

By continuing to use our website, you agree and consent to the collection, use, disclosure, storage and processing of your personal data by the Borouge Group in accordance with this Privacy & Cookies Policy, and subject to any applicable law.

Our use of your personal data will always have a lawful basis. Where consent is not an inappropriate basis for processing your data, we may process your data based on another legal basis, for example, based on our legitimate interests.

What This Policy Covers

This Privacy & Cookie Policy applies only to your use of our website. Other policies may apply to the Borouge Group's processing of personal data in other contexts. We may from time to time update this Privacy & Cookies Policy for consistency with developments in the Borouge Group or its products and services, or to comply with any legal or regulatory requirements which apply to us.

The websites of the Borouge Group's holding companies, the Abu Dhabi National Oil Company and Borealis AG, are operated independently of the Borouge Group's website and will be covered by the policies of these respective entities.

What Data do we collect?

Depending upon your use of our website, we may collect some or all of the following personal and non-personal data (please also see section below on our use of Cookies and similar technologies):

  • name
  • date of birth
  • gender
  • marital status
  • country of residence, birth and/or nationality
  • contact information such as home address, email address and telephone numbers
  • career and educational history (as contained in your curriculum vitae)
  • financial information such as credit / debit card details (If required)
  • IP address
  • web browser type and version
  • operating system
  • a referring site to our website, your activity on our website, and any links you click on our website

How We Use Your Data

All personal data we collect is processed and stored securely, for a period of time no longer than is necessary for the purposes for which the personal data was first collected, or as required or permitted by any applicable law.

Specifically, we may use your data in order to:

  • authenticate your identity for the purpose of providing you with our services
  • personalizing and tailoring your experience on our website
  • responding to, and processing, your queries, requests or feedback
  • responding to, and processing, your application for employment with a Borouge Group company
  • aggregate anonymized statistical data and gather feedback to enable us to continually improve our website and your user experience
  • archival of documents and records in both electronic and physical form for record-keeping purposes
  • administer our website, including for troubleshooting
  • compliance with any applicable local or foreign statute, rule, law, regulation, judgment, decree, directive, code of practice, guideline, administrative requirement, sanctions regime, court order, or contractual agreement to which a Borouge Group company is party
  • any other purposes for which you have provided information
  • any other incidental business purposes related to or in connection with the above

How We Share Your Data

We may share your data with other companies in the Borouge Group. Depending on the goods and services you require, we may also need to share your personal data with other companies, including our holding companies, the Abu Dhabi National Oil Company and Borealis AG, and their respective subsidiaries.

Your personal data may also be disclosed for the purposes listed above to the following third parties:

  • agents, contractors or third party service providers who provide services to the Borouge Group
  • banks, financial institutions, credit card companies and their respective service providers
  • any business partner, investor, assignee or transferee (actual or prospective) to facilitate business asset transactions (which may extend to any merger, acquisition or asset sale) involving a Borouge Group company
  • our professional advisers such as our auditors and lawyers
  • any judicial, administrative or regulatory body, any government or public or government agency, instrumentality or authority, any domestic or foreign tax, revenue, fiscal or monetary authority or agency, securities or futures exchange, self-regulatory organization, trade repositories, central counterparties, court, central bank or law enforcement body or any agents thereof

Where any of your data is required to be disclosed to a third party, we will take all reasonable steps to ensure that your data will be handled safely, securely, and in accordance with your rights, our obligations, and the obligations of the third party under any applicable law. Some third party processors may be located in countries where data privacy may not be on an equivalent level. You explicitly consent to a data transfer to processors or other entities in these countries.

Where we share your personal data with these entities in other jurisdictions, we will take steps to ensure that your data is provided with an equivalent or comparable level of protection, for example, through contractual data transfer agreements.

Withdrawal of Consent, Access and Correction

Where you have provided personal data to us and wish to withdraw your consent for our collection, use, disclosure, storage or processing of such data, you may contact our data protection officer to notify us of such withdrawal.

You may request access or for corrections to be made to your personal data in our possession. Depending on the jurisdiction in which you are located, you may also have other rights. You should contact our Data Protection Officer if you wish to exercise any rights in relation to your personal data.

Our data protection officer may be contacted at lesliefaisal.d'cruz@borouge.com.

Information about Our Use of Cookies

A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive. Our websites use cookies to distinguish you from other users of our websites. This helps us to provide you with a good experience when you browse our websites and also allows us to improve our websites.

Before cookies are placed on your computer or device, you will be shown a pop-up message requesting your consent to let us place, set and use those cookies. By continuing to browse our website, you are agreeing to our use of cookies.

We may use any of the following cookies or all of them:

Strictly necessary cookies: These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website, or use services provided by Borouge.

Performance cookies: These allow us to recognize and count the number of visitors and to see how visitors move around our website when they are using it. This helps us to improve the way our website works, for example, by ensuring that users are finding what they are looking for easily. Information used for such purposes is generally stored as anonymized information from which individuals cannot be identified.

Functionality cookies: These are used to recognize you when you return to our website. This enables us to personalize our content for you, greet you by name and remember your preferences (for example, your choice of language or region).

The Borouge Group does not market its goods and services to individual consumers. As such, we do not use cookies for marketing purposes. We do not use cookies which track or monitor your behavior for targeted advertising, or for the offering of any goods or services.

You may refuse placement and/or block cookies by activating the setting on your browser that allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including strictly necessary cookies) you may not be able to access all or parts of our website.

Cookies are destroyed once they are no longer necessary for their purpose.

Third Party Websites using Cookies

Our websites may contain links to other websites some of which may also use cookies. This Privacy & Cookies Policy does not cover non-Borouge Group websites which will be subject to their own privacy and cookie policies. We do not have access to or control over cookies or other features used by such websites. Please contact them directly for more information about their privacy practices.

Last updated: 27 February 2020

Cazar提供支持 博禄公司网站