8120 - CREDIT- SECTION I - FC00 - CREDIT ANALYST I - 12R

Position Objective1. Establish & Recommend Credit Lines Utilize professional knowledge and skills to establish credit lines for new and established Formosa customers. This analysis requires independent judgment and financial expertise. 2. Customer Relations Perform good communication skills and a good working relationship with the business units and Customers both internal and external 4. Maintain targets and goals as established by Management Prevent Bad Debt loss, below the overall target set in annual goal process. Maintain credit review statistics at a high level above the 90% completion rate. Communicate with all levels of business unit personnel in the assigned team responsibility Perform duties related to collection performance, discrepancy resolution as required to maintain established targets. 3. Team Member As a team Member, the job is to support the team by working with the team leader and to follow the direction provided. 4. Letter of Credit Support - As designated To provide the review and processing function for our Letter of credit and stand-by Letter of credit area. Review all documents for accuracy and work with the customer for 100% compliance with bank requirements. 5. Customer Relations Perform good communication skills and a good working relationship with the assigned business units and Formosa Customers. 6. Maintain Annual targets and goals as established by management 7.. Perform collection duties as necessary to resolve outstanding past due balances. Major Areas of Accountability1. Credit Review Perform the credit review process for new and established accounts for all of the customers within the assigned business area. Conduct detailed financial analysis based upon the available customer financial information in to assess the appropriate risk exposure associated with a customer's credit line extension. Obtain supplier references, outside credit reports, industry credit reports and gather information about a customer's credit history. Such sources are a credit application, Bank account information, Dun & Bradstreet, Credit Risk Monitor, NCCA Trade information, Internet and industry news sources. 2. Credit Line Recommendation Using independent judgment and financial expertise, the Credit Analyst II then recommends a credit line which supports the customer's financial capability. This recommendation incorporates the business unit requirements, external sources of information and other factors into this recommended credit line. This recommendation then follows the approved SOP procedures for final credit line approval. 3. Customer Relations and Sales Management interaction Maintain professional communications with the customers and sales personnel in relation to the credit function and its effect on the Formosa business unit. Formal and informal reporting of on-going situations concerning customers and the needs of both the customer and the concerned business area. 4. Team Member a. The Credit Analyst is expected to support the team and assist in any possible way to insure the success of the team. 5. Misc. Credit Functions The Credit Analyst can also be asked to assist in other duties to support the team. For example: coverage of the credit & collection function in the team member's absence assist in collection of receivables should reasonable support be required. resolves disputes and discrepancies. assists in directing the application of cash by providing remittance advice. follows the procedure and policies of all credit and collection related SOP documents. QUALIFICATIONS A. TECHNICAL JOB CRITERIA 1.   Previous Related Experience Required More than 2 to 5 years of credit/collection job related experience. Experience preferred in a commercial credit environment preferably in a chemical or plastics manufacturing environment. Some experience with bankruptcy. Able to evaluate credit lines in excess of mid to high- seven figures. 2. Technical Skills Required To Perform This Job Applicant needs to have a financial background and be well versed with the ability to read and interpret financials statements. Knowledge of credit analysis as to how it relates to the credit function is essential. Experience in reading Dun & Bradstreet reports and trade information reporting. Knowledge of the U.S. Bankruptcy Code and the procedure that relate to the credit department. 3.   Education (Minimal Education Needed) 4 Year college degree preferably in Finance, Accounting or Business. Additional training in credit & collections and financial statement analysis 4.   Other Certification/Training Required To Gain Function-Related Technical Knowledge Continual development by internal training in credit and collection by NACM or other sources. Also Internal and external training as developed for position requirements by HR or Credit Department management 5.   Other Requirements (Physical/Mental Demand, Schedule/Hours, Travel) Must have regular, reliable attendance as well as the ability to work outside the regular schedule as required. Attendance of credit related functions. Persons holding this position should have general PC knowledge and a good working knowledge of Microsoft Office software especially Excel Spreadsheets.     B. FUNCTION-SPECIFIC COMPETENCIES/BEHAVIORS    • Conceptual and Analytical Thinking • interpersonal skills • Problem solving and decision making • assertiveness and persistence • information seeking and gathering • organization of time and work

Salary : $5 - $0