General Information

Req #
Career area:
New South Wales
Saturday, June 19, 2021
Working time:

Why Work at Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$60 billion revenue Fortune Global 500 company serving customers in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that power (through devices and infrastructure) and empower (through solutions, services and software) millions of customers every day and together create a more inclusive, trustworthy and sustainable digital society for everyone, everywhere. To find out more visit,and read about the latest news via our StoryHub.

Description and Requirements

Position Title

LGFS Credit Manager

Job Objective

This is a critical support function for the LGFS business with a primary focus on supporting our global sales team in the assessment of credit risk on customers that will be funded  internally on Lenovo’s Balance Sheet via LILO.  

Position Summary & Job Details




Australia or AP

Employment Type


Business Function

Lenovo Global Financial Services (LGFS)

Sales/Non Sales

Non Sales

Reports to: Functional Manager

Head of AP ISO Credit

Dotted line Manager

Director LGFS Finance and Operations

Is it a People Manager Role (Yes/No)


No of Direct Reports


Travel Requirement Percentage


Expected Start Date


About Lenovo!

Lenovo is a US $50 billion global Fortune 500 company and a leader in providing innovative consumer, commercial and enterprise technologies. Globally, our product lines include a full range of commercial and consumer PCs, servers and workstations, and a family of mobile internet devices including tablets and smart phones.  We design and build our products to bring progress to the world.  Serving customers in more than 160 countries, we take our inspiration from the drive and imagination of the people who make things happen; our technology helps those who do, do better.

At Lenovo, we employ more than 60,000 people worldwide and our people share a common aspiration to be the very best. Whether serving our customers, working as a team or contributing to the community, we are working to build a unique company.  A company that delivers unparalleled products created and supported by people with a wealth of different cultures and experiences. Our strength lies in this diversity. We are dedicated to fostering an environment that encourages entrepreneurism and ownership. A workplace where people's talents can be challenged and their efforts recognized and rewarded.  We employ fantastic people…come join the fun!

Responsibility of the Position


The LGFS Credit Manager’s primary responsibilities are:

·         Overall credit risk and bad debt control for the LGFS business.

·         Conduct thorough credit worthiness assessment on credit customers, especially future cash flow and default risk.

·         Make credit decisions and credit solution recommendations including credit limit amount, credit rating, payment term, risk mitigation methods etc.

·         In charge of collateral management and credit insurance management to minimize risk exposure.

·         Regular review on the credit facility, risk exposure and keep optimizing the risk portfolio.

·         Build a relationship with corresponding internal teams globally, involve in early-stage business discussion, obtain information related to customers, projects, and risk points.

·         Communication and negotiation with external partners like insurers and credit agencies as required

·         Provide to LGFS management regular insight on macro economies, sovereign risks, industry trends, deliver risk alert where necessary.

·         Assist in Lenovo credit policies and methodology improvement.


Key Performance Indicators / Success Metric

  • Prompt response to daily credit blocked orders and make a credit decision within 48 hours for 95% of the credit applications after submission.
  • Monthly credit planning to prepare sufficiently credit facility as well as alert business team on credit limit gap.
  • Monthly review with CFO on credit issues and risky accounts.
  • Due diligence in credit risk evaluation on all cases.

·         Work on bad debt control and recovery, keep bad debt % < 0.05% of gross billing.

Key Functional Skills

·         Detail-oriented with a solid knowledge of financial analysis.

·         Strong ability in communication and handling pressure in negotiation.

·         Proficiency in MS Office and SAP.

·         Self-motivated and teamwork spirit.

Specification & Requirement


Education/ Qualification

Must Have:

·         Master degree in Finance and Accounting related areas.


Work Experience



  • Over 5 years credit risk management working experience, preferably in the leasing industry



Other Dimensions


Stake Holders

  • Internal:
  • LGFS Sales team members
  • Director Finance & Operations LGFS
  • Head of AP ISO Credit
  • Credit team worldwide for global deals
  • Director - WW Lenovo Global Financial Services
  • CFO and Finance teams for local Lenovo entities

Pen Picture of Candidate

This is an experienced Credit Manager that understands the assessment of credit risk in a Leasing or other subscription-based ‘As a Service’ business. The person has an eye for detail and a desire to support the business and the sales process in advice and assessment on the credit risk of customers in the context of Lenovo’s credit risk framework.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any federal, state, or local protected class.