Credit Analyst III (Remote)

Credit Analyst IIISummary:This position is responsible for the approval or decline, and review of all new account applications with credit limits over $100,000 for Fleetcor and Comdata.  This position also researches, verifies, and analyzes new account applications for the purpose of establishing credit lines.  This position also performs annual reviews of accounts with credit limits greater than $100,000.The successful candidate will also have advanced skills using Microsoft Word and ExcelEssential Duties and Responsibilities: Responsible for the approval of new commercial credit limits over $100,000 up to their approved authority.  Makes credit recommendations on all other credit extensions to senior management.  Analyzes applicant financial status and credit to determine feasibility of granting commercial credit.  Verifies agreements are complete and accurate according to policy.   Responsible for a significant amount of communication with the applicant’s management team with respect to the company’s financial performance.  The results of these conversations with the applicant will be detailed in the financial analysis.   Will work closely with Comdata sales and potentially the applicant to determine alternatives to the credit limit requested in order to gain the applicant’s business while at the same time mitigating credit risk to the company. Review existing accounts and their credit standing for the extension of additional credit for new product sales.  Interview CEO’s, CFO’s, and Controllers to solicit current financial information, as well as to discuss the customer’s financial condition if necessary. Perform timely financial statement reviews of a designated portfolio of unsecured accounts on an annual, semi-annual or quarterly basis.  Maintain an accurate perspective of each account within the unsecured portfolio, and report on such to the Director and Vice President of Credit.  Identify high-risk accounts through the review process, present to senior management and develop strategies to reduce exposure. Experience analyzing customer provided financial statements.  Applicable experience should include the ability to accurately calculate ratios and metrics important to unsecured creditors in a business to business lending environment.  Must also be able to project trends for the applicant based on knowledge of the customer, historical financial statements, as well as outlook for the industry. Ability to read and interpret 3rd party bureau reports into actionable information for the purpose of making a credit decision including the use of D&B, Equifax, and consumer bureau reports.  Must also be able to understand Moody’s and S&P ratings in support of extending unsecured credit for certain applicants. Assist Managers and Supervisors in Credit and Collections in determining appropriate courses of action in dealing with delinquent or problem accounts.  Work with the Sales department to determine alternatives for securing accounts.  Recommend to senior and top management appropriate courses of action for high-risk accounts.Education\Experience:• Bachelor’s Degree in Finance or related field is required• Knowledge of commercial credit principles and financial statement analysis is required• 1 to 2 years of credit analyst experience in a B2B sales environment is preferred#LI-AH1

Salary : $0