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)