Credit Analyst I

Summary

Credit Analyst is responsible for evaluating credit worthiness of customers, and monitoring and coordinating credit activities for the organization.

Responsibilities include:

· Coordinates credit approval process, including but not limited to processing credit applications and initiating inquiries into customer’s bank and trade references.

· Assesses the creditworthiness of potential customers, including establishing payment terms and credit limits; handles special credit arrangements and deviations from standard terms of payment.

· Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.

· Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. Assist with investigation of discrepancies.

· Establishes and maintains customer credit files and/or database; continually reviews customers’ credit histories and adjusts customer credit limits and terms as necessary.

· Reviews collections reports to ascertain status of collections and outstanding balances and to evaluate effectiveness of current collection policies and procedures.

· Audits delinquent accounts to ensure maximum efforts have been taken before assigning bad debt status to account.

· Assists with the establishment and implementation of credit policy; recommends adjustments as needed.

· Ensure timely account setup.

· Ensure liens are in place were appropriate.

· Uses computer software to evaluate customers financial status and produce financial ratios.

· Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in the loan or credit request; recommends approval or denial based on results.

· Resolves customer complaints and verifies transactions through consultation.

· Other duties as assigned.

Qualifications

· Accounting degree or equivalent, or two to four years related experience, or equivalent combination of education and experience

· Excellent written and verbal communication skills

· Proficient in Microsoft Office Suite

· Epicor or other ERP experience a plus

· Strong organizational, problem-solving, and analytical skills

· Acute attention to detail

· Strong interpersonal and customer service skills

· Good judgement with the ability to make timely and sound decisions

· Working knowledge of data collection, data analysis, evaluation, and scientific method

· Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm