Job Openings
Credit Risk Analyst
About the job Credit Risk Analyst
Responsibilities:
- Reviews and analyzes credit scoring metrics and risk ratings and quickly identifies material credit strengths and weaknesses to provide timely credit decisions.
- Collaborates as needed with IT department to maintain automated credit scoring model and facilitate upgrades to commercial and/or consumer credit scoring functionality.
- Supports credit decisions with scoring model and supplementary data from commercial and personal credit reporting agencies and various web resources including, but not limited to, D&B, Experian, Moodys, S&P, Fitch, A.M. Best, NAIC, and SEC and FDIC filings.
- Accurately spreads and analyzes financial statements and incorporates relevant financial metrics into credit reviews
- Reviews and decisions transactions within assigned authority, including recommendations from junior Analysts, and makes recommendations on transactions in excess of assigned authority.
- Monitors credit lines and completes credit line renewals in a timely fashion.
- Structures and appropriately documents credit approvals consistent with risk management guidelines.
- Reviews and approves changes to contract terms and conditions within assigned authority.
- Advises sales team on pended applications and facilitates the process of obtaining credit and financial information to decision pended transactions.
- Regularly updates system comments to keep all parties informed of the status of all credit applications.
- Ensures that dealer and customer concerns are resolved in a timely and appropriate manner without undermining risk management standards.
- Develops and maintains effective working relationships with inside and outside sales teams and end user customers.
- Negotiates complex credits to obtain favorable lease structures that win business without compromising credit standards.
- Seeks guidance as appropriate from supervisors and managers.
- Provides coverage support for assigned regions and other regions as required.
- Serves as mentor to less experienced or junior members of the credit team.
Qualifications:
- Bachelor's degree in a relevant field or equivalent experience required,
- 3 to 5 years of related experience.
- Background in Equipment Leasing & Financing
- Hands-on experience with Risk Analysis software & tools (D&B, etc)