Analyst Credit Risk

Description

Reporting to the Credit & Risk Manager, the Credit and Risk Analyst will be responsible for assessing and managing the credit risk associated with the company's lending and credit operations. They will play a critical role in safeguarding the company's financial health by ensuring that credit decisions are made with a clear understanding of potential risks and by implementing strategies to mitigate these risks. 

Responsibilities

• Follow processes for the operational management of credit risk, credit approvals, and protective filings and recommend continuous improvement to those processes.
• Review, advise, and provide feedback to the Credit and risk Manager to update Purolator’s Corporate Credit Policy for continuous improvement and broader protection of Purolator overall.
• Collaborate closely with cross-functional teams to assist the Credit and risk Manager in developing effective credit risk management strategies.
• Plan, organize, coordinate, manage, control, and execute the functions, programs, services, and activities assigned to Credit & Risk Management, including approvals, and extended terms to ensure that programs are operating within the appropriate fiscal parameters and remain in compliance with federal requirements.
• Perform a review and monitor all open receivables on an ongoing, continuous basis to ensure the customer’s continued creditworthy status with Purolator.
• Act as a subject matter expert in credit & risk and will be expected to provide project support for any credit risk corporate initiatives.

Education

• BA or BBA completion preferred

Experience

• Minimum 10 years’ experience (inclusive of 3 academic years) in credit/collections in a multi–Business Unit environment – 10+ years’ working experience
• Knowledge of credit & collections principles, processes, regulations, and standards
• Developed proficiency of Microsoft Office and SAP FICO is essential
• Proactive and self-motivated – this role requires an ability to work in a fast-paced environment with the ability to manage multiple tasks and complete multiple competing requests promptly with the ability to prioritize their workflow with little to no direction
• Experience and understanding of credit granting/credit management plans
• General adjustment or collection experience is required with knowledge of SAP FICO and interfaces with other SAP ERP Modules like BI
• The requirement is to be highly analytical with a strong level of detail
• Proactive in identifying possible issues, identifying, and eliminating root causes of existing issues, and establishing the best course of action
• Be a skilled communicator with demonstrated diplomacy and tact when working with Customers, Sales, and Trustees to resolve customer delinquency or payment issues
• Demonstrate negotiation skills when dealing with difficult situations arising between Customers and paying on time as well as Court settlements in protective filings
• Responsible for creating and providing reports using KPIs for Senior Management to make strategic decisions

Skills