Credit Risk Analyst

Prosperity Staffing

  • Mount Laurel, New Jersey
  • 1 day ago

    Highlights

    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. Reviews and analyzes credit scoring metrics and risk ratings and quickly identifies material credit strengths and weaknesses to provide timely credit decisions.

    Numbers & Facts

    LocationMount Laurel, New Jersey
    Websitehttps://www.prosperitystaffing.org

    Description

    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)

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