Associate Credit Analyst

Description:

Associate Credit Analyst is responsible for reviewing and updating new and existing customer credit files, requiring analytical, quantitative and technical skills. Will consult with the Manager and/or Senior Manager as needed to review the progress of various projects and the overall status of the department.

He/she will: 1.) release orders based on credit availability, 2.) analyze financial statements in conjunction with credit risk analysis, 3.) determine overall credit worthiness, and 4.) implement credit-related policies as appropriate.
 

• Handle portfolio of assigned accounts.
• Gather and analyze credit and/or other data to determine impact on business operations, as appropriate.
• Make recommendations for credit limits based on availability of credit insurance, LG payment history, trade references, third party sources, and other credit tools, as applicable.
• Evaluate and implement internal and external credit scoring models using both traditional and other predictive technologies.
• Participate in and contribute to projects to develop recommendations for credit policy, credit/data support systems and provide revenue, cost, delinquency, and loss forecasts.
• Interface with customers and other departments to develop strategies to prevent problems and develop solutions to correct existing problems.
• Represent the department at sales meetings to educate sales people and/or customers about LG credit policy.
• Visit customers as required to evaluate operations, maintain a relationship, and/or obtain financial statement data.
• Pursuit of the Certified Credit Executive designation through NACM.
• Complete other related duties as assigned.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• No formal experience is required, but must have basic knowledge and understanding of financial statements.
• Motivated for working as a credit analyst, building knowledge and understanding of financial statement analysis and credit work responsibilities.
• Strong organizational, analytical, problem-solving, verbal and written communication skills.
• Proficiency with MS Office (Word, Excel and PowerPoint) is a must.