Credit Analyst

SUMMARY: This position is responsible for researching and examining credit risks, assessing credit history, and approving or disapproving extensions of credit.

DUTIES AND RESPONSIBILITIES

1. Credit Risk Assessment

1. Review financial statements, balance sheets, income statements, and other financial documents to assess the creditworthiness of (potential) clients.
2. Set discretionary credit limits (DCL) in accordance with credit insurance policy.
3. Prepare and review special buyer credit limit (SBCL) applications.
4. Monitor ongoing credit risk and update credit limits periodically.
5. Approve the release of sales orders based on credit parameters.
6. Prepare timeline reports as needed.
7. Evaluate credit histories and payment behavior of existing and potential clients.
8. Analyze risks of pending orders in excess of credit limit and communicate potential uninsured exposure to senior management or decision makers.

1. Credit Reports and Analysis

1. Provide regular updates to senior management regarding credit risk developments and portfolio performance.

1. Collaboration with Other Departments

1. Collaborate with sales and operations teams to discuss credit limits, terms, and conditions for new and existing customers.
2. Assist with year-end audit responsibilities.

1. Special projects and assignments as business dictates.

1. Responsible for the maintenance, creation and control of all personally identifiable information or any other information protected by any Confidentiality or Privacy Standards or Company Policies that you have access or knowledge of, including but not limited to any state or federal regulations including HIPAA.

SUPERVISORY RESPONSIBILITIES

• This position has no supervisory responsibilities

SKILLS AND QUALIFICATIONS

• Bachelor's degree in Accounting or Finance
• 2 to 4 years of relevant experience
• Proficient in computer applications
• Effective oral and written communication skills
• Detail oriented
• Ability to meet all deadlines
• Must have attention to detail and focused concentration
• Must be able to learn new tasks and complete tasks independently
• Must be able to make timely decisions in the context of the workflow
• Must possess strong organizational skills, ability to multi-task and responsiveness

PHYSICAL DEMANDS

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

WORK ENVIRONMENT

• Normal office environment.

CERTIFICATES, LICENSES, REGISTRATIONS

• None required

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

This company is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

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