What are the responsibilities and job description for the Credit Risk Analyst position at Vertiv Co.?
Job Title: Credit Risk Analyst
Function/Department: Finance
Reports to: Director Corporate Accounting
FLSA: Exempt
POSITION SUMMARY
The Credit Risk Analyst supports the Credit Risk arm of Vertiv’s AR team in reviewing new and existing customers for credit approvals and credit-risk monitoring. With support from the Credit Coordinator, this role monitors our customer base and pending sales orders to prioritize credit reviews. The Credit Risk Analyst has credit approval authority up to a defined limit and will make credit decision recommendations to more senior approvers as appropriate. This role is also key to Vertiv’s SOX compliance, managing reporting that supports monthly review of control(s) owned by the Credit Operations Manager. In addition to SOX-related reporting, the Credit Risk Analyst will have oversight of several pieces of scheduled reporting that have high visibility across the organization.
RESPONSIBILITIES
Accountable for rendering quick and prudent credit decisions within policy, within authorized limits and according to any established SLA’s
Works with Sales and with Customers directly to obtain credit or financial information to support any given revenue opportunity
Regularly review the credit hold queues with assistance from the Credit Coordinator, to support and drive order review/release on a timely basis
Owns and manages SOX related reporting specific to Vertiv’s controls around customer credit limits, and executes timely the related activities in preparation for monthly reviews
Conducts periodic credit reviews on existing customers to ensure credit lines are properly justified from a business and financial perspective
Acts as a facilitator across the Credit and Collections team to drive credit related decision making on at-risk accounts
Support of scheduled reporting around credit holds and prioritization of credit-related workload
QUALIFICATIONS
Prefer 3-5 years of experience in business-to-business Credit and Accounts Receivable
Requires a good understanding of how to secure and interpret trade reports (ie., DNB), banking and trade references, and customer financial statements
Must have excellent communication skills, to facilitate the credit review process and the delivery of credit decisions to both internal and external stakeholders
BA or BS in Finance, Business Administration or related field
Preference for candidates that have working knowledge of credit risk mitigation tools and techniques (ie Letters of Credit, Joint Check agreements, Mechanic’s Liens, Payment Bonds, etc)
The successful candidate will reflect and embrace Vertiv’s Values and Behaviors:
OUR VALUES
Acting Like an Owner
Assuming Positive intent in all employee interactions
Being passionate about your work
Challenging yourself in personal development
Being tireless in exceeding customer expectations
Assisting others to be successful as a team
Owning our own mistakes quickly
Talking with people and NOT about them
Creating a culture where people can be their best
OUR BEHAVIORS
Be self-aware and learn
Embrace the customer experience
Think and act broadly
Drive change and innovation
Leverage diversity for organization effectiveness
Foster collaborative relationships
Take intelligent risks
At Vertiv, we offer the stability of a global leader in a growing industry
and
the opportunity of a startup. We design, manufacture and service the mission-critical infrastructure technologies for vital applications in data centers, communication networks and commercial and industrial environments. With $4.4 billion in sales, a strong customer base and global reach in nearly 70 countries, our move to establish a standalone business enables us to deliver greater value to our customers and create new opportunities for our people.
Vertiv is an Equal Opportunity/Affirmative Action employer.
We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability. If you have a disability and are having difficulty accessing or using this website to apply for a position, you can request help by sending an email to
help.join@vertivco.com
Work Authorization
No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Function/Department: Finance
Reports to: Director Corporate Accounting
FLSA: Exempt
POSITION SUMMARY
The Credit Risk Analyst supports the Credit Risk arm of Vertiv’s AR team in reviewing new and existing customers for credit approvals and credit-risk monitoring. With support from the Credit Coordinator, this role monitors our customer base and pending sales orders to prioritize credit reviews. The Credit Risk Analyst has credit approval authority up to a defined limit and will make credit decision recommendations to more senior approvers as appropriate. This role is also key to Vertiv’s SOX compliance, managing reporting that supports monthly review of control(s) owned by the Credit Operations Manager. In addition to SOX-related reporting, the Credit Risk Analyst will have oversight of several pieces of scheduled reporting that have high visibility across the organization.
RESPONSIBILITIES
Accountable for rendering quick and prudent credit decisions within policy, within authorized limits and according to any established SLA’s
Works with Sales and with Customers directly to obtain credit or financial information to support any given revenue opportunity
Regularly review the credit hold queues with assistance from the Credit Coordinator, to support and drive order review/release on a timely basis
Owns and manages SOX related reporting specific to Vertiv’s controls around customer credit limits, and executes timely the related activities in preparation for monthly reviews
Conducts periodic credit reviews on existing customers to ensure credit lines are properly justified from a business and financial perspective
Acts as a facilitator across the Credit and Collections team to drive credit related decision making on at-risk accounts
Support of scheduled reporting around credit holds and prioritization of credit-related workload
QUALIFICATIONS
Prefer 3-5 years of experience in business-to-business Credit and Accounts Receivable
Requires a good understanding of how to secure and interpret trade reports (ie., DNB), banking and trade references, and customer financial statements
Must have excellent communication skills, to facilitate the credit review process and the delivery of credit decisions to both internal and external stakeholders
BA or BS in Finance, Business Administration or related field
Preference for candidates that have working knowledge of credit risk mitigation tools and techniques (ie Letters of Credit, Joint Check agreements, Mechanic’s Liens, Payment Bonds, etc)
The successful candidate will reflect and embrace Vertiv’s Values and Behaviors:
OUR VALUES
Acting Like an Owner
Assuming Positive intent in all employee interactions
Being passionate about your work
Challenging yourself in personal development
Being tireless in exceeding customer expectations
Assisting others to be successful as a team
Owning our own mistakes quickly
Talking with people and NOT about them
Creating a culture where people can be their best
OUR BEHAVIORS
Be self-aware and learn
Embrace the customer experience
Think and act broadly
Drive change and innovation
Leverage diversity for organization effectiveness
Foster collaborative relationships
Take intelligent risks
At Vertiv, we offer the stability of a global leader in a growing industry
and
the opportunity of a startup. We design, manufacture and service the mission-critical infrastructure technologies for vital applications in data centers, communication networks and commercial and industrial environments. With $4.4 billion in sales, a strong customer base and global reach in nearly 70 countries, our move to establish a standalone business enables us to deliver greater value to our customers and create new opportunities for our people.
Vertiv is an Equal Opportunity/Affirmative Action employer.
We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability. If you have a disability and are having difficulty accessing or using this website to apply for a position, you can request help by sending an email to
help.join@vertivco.com
Work Authorization
No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
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