Credit Risk Analyst

About the role

As a Credit Risk Analyst at Philips, you will protect and enable the business by evaluating the financial health of B2B customers and supporting informed credit decisions. You will work closely with Sales, Finance and Customer Service to balance growth with risk management.

Key responsibilities

• Analyze customer financial statements, credit reports and payment history to determine creditworthiness and set appropriate credit limits.
• Monitor customer credit exposure, apply risk‑mitigation tools such as credit insurance, letters of credit and guarantees.
• Execute credit risk and accounting processes, including period‑end closing, reconciliations and compliance reviews.
• Review account balances and portfolios, identify potential risks and implement corrective actions.
• Prepare credit analyses, reports, dashboards and presentations for management and credit risk committees.

Required profile

• 4+ years of experience in credit risk management, financial analysis or related finance functions.
• Proven experience performing B2B credit risk assessments and making credit recommendations.
• Bachelor’s degree in Finance, Accounting, Business Administration, Economics or equivalent.
• Strong communication skills and ability to coordinate with multiple stakeholders.

Required skills

• Advanced Excel (VLOOKUP, XLOOKUP, Pivot Tables, data analysis functions).