Commercial Credit Analyst jobs in Ann Arbor, MI

Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Credit Analyst
  • PTSolutions
  • Novi, MI FULL_TIME
  • Job Description:


    PTSolutions the leading supplier of industrial tools in the Midwest and one of the Top 100 distributors in the United States. With more than 30 locations throughout the country and more than 400,000 square feet of warehouse space, PTSolutions is continuously expanding our product offerings, while guaranteeing responsive personal service and same-day shipping.

    As our customers’ business grows, we grow with them. PTSolutions offers a variety of customizable, advanced inventory options that reduces overspending & overhead and brings our customers to the next level. PTSolutions conducts on-site evaluations and provides training programs to help our customers improve their manufacturing process and reduce costs. From VMI to procurement, PTSolutions is a full-service provider that will be with our customers every step of the way.

    We’re looking for a Credit Analyst to join our team. Working as a Credit Analyst, you will be will be working closely with assigned customers to ensure their credit service is provided at a level expected. This individual will work closely with the Accounts Receivable Supervisor and team members on assigned A/R portfolios.

    Why join the PTSolutions Team?

    • Flexible Schedule & No Weekends!
    • Paid Holidays, Paid Vacation, and Attendance Awards
    • Competitive Pay with Overtime eligibility
    • Growth opportunity locally & nationally (we promote from within!)
    • Tuition Reimbursement
    • 401(k) with Company Match
    • PPO Medical, Vision, and Company Paid Dental
    • Company Paid Short Term Disability, Long Term Disability, Life Insurance, EAP
    • Voluntary Employee/Spouse/Child Life Insurance; Accident, Hospital Indemnity, Critical Illness Insurance
    • Check out our website for more information! https://www.pts-tools.com/

    If your experience aligns with the description below and you’re ready to be a part of a growing team and a true partner to our customers, then click Apply Now! Placement will occur ASAP.

    POSITION RESPONSIBILITIES:

    • Actively manages a portfolio of accounts, maintaining customer credit profiles and transactions to support sales efforts and maximize customer’s buying potential while effectively mitigating associated credit risk.
    • Utilizes credit reporting services and references to determine availability of credit.
    • Resolves invoice and payment discrepancies.
    • Promotes prompt customer payments.
    • Applies cash application to correct customer accounts.
    • Collects past due balances.
    • Promotes company website to improve work flow, communication and transparency and realize efficiencies and expense control for customers and the company alike.
    • Other duties as assigned.

    Experience and Skills:
    • Degree in Accounting or related field and/or 2 years of previous experience in Commercial Credit, Accounts Receivable, and Collections preferred
    • Accurate data entry, analytical, reconciliation, and organizational skills
    • Strong attention to detail and the ability to work independently in a fast paced high volume environment
    • Strong problem solving and deductive reasoning skills
    • Proficient use of a Windows computer, Microsoft Office (Outlook & Teams) & particularly Excel
    • High School Diploma or GED Equivalency

    This job description is not intended to be all-inclusive. Employee may be required to perform other related duties to meet the ongoing needs of the Company.

    This position is based in our Novi, MI facility, so only candidates residing in the Metro Detroit area will be considered. Must be authorized to work in the United States.

    Berkshire Production Supply LLC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
    From: Berkshire Production Supply

  • 10 Days Ago

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Credit Analyst
  • County National Bank
  • Jackson, MI FULL_TIME
  • County National Bank (CNB) is an independent, locally-owned, community bank that is successful and growing whose mission is to "sustain its deep commitment to the community and its traditions of excel...
  • 15 Days Ago

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Commercial Credit Intern
  • University Bank
  • Ann Arbor, MI INTERN
  • DescriptionGeneral Job SummaryThe Commercial Credit Intern is responsible for utilizing the Bank’s system to spread and analyze borrower’s financial statements and assist in preparing detailed credit ...
  • 5 Days Ago

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Data Analyst
  • Lake Trust Credit Union
  • Brighton, MI FULL_TIME
  • Data Analyst - Business Intelligence More Than A Job! Why do you work each day? To us, our jobs are not just something we do to make a living, it’s a way to live. We work to support our members; wheth...
  • 1 Month Ago

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Contact Center Technology Analyst
  • Lake Trust Credit Union
  • Brighton, MI FULL_TIME
  • Contact Center Technology Analyst Pay Range: Band B – MRP 5 Candidate will serve as a Member Experience AI Telephony expert in the contact center. The ideal candidate will ensure we are attentive to c...
  • 1 Month Ago

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Student Assistant
  • Info. Tech Programmer Analyst 12 - Process Analyst...
  • Jackson, MI FULL_TIME
  • Salary $10.33 - $27.06 Hourly Location Jackson, MI Job Type Non Career Job Number 1901-24MD-147DOC-JXN Department Civil Service Commission Opening Date 04/19/2024 Closing Date 4/26/2024 11:59 PM Easte...
  • Just Posted

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0 Commercial Credit Analyst jobs found in Ann Arbor, MI area

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Collections-Account Resolution Specialist-MI
  • Stillman Law Office
  • Farmington, MI
  • This is an hourly plus bonus position with earning potential of $50,000-$110,000 per year, based on performance. Stillma...
  • 4/26/2024 12:00:00 AM

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Account Manager - Manufacturing Practice Group
  • Kapnick & Company, Inc.
  • Ann Arbor, MI
  • Job Type Full-time Description About Kapnick Insurance: Founded in 1946, Kapnick Insurance is an independent insurance a...
  • 4/26/2024 12:00:00 AM

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Account Manager - Commercial Risk Real Estate
  • Kapnick & Company, Inc.
  • Ann Arbor, MI
  • Job Type Full-time Description Founded in 1946, Kapnick Insurance is an independent insurance advisory firm with Michiga...
  • 4/23/2024 12:00:00 AM

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Ford Protect, Ford Pro National Sales and Strategy Manager
  • Ford
  • Allen Park, MI
  • Job Description At Ford Motor Company, our purpose is to help build a better world where every person is free to move an...
  • 4/23/2024 12:00:00 AM

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Accounts Receivable Analyst / Debitorenbuchhalter (m/w/d)
  • American Axle & Manufacturing Inc.
  • Detroit, MI
  • At AAM, the POWER is in our people. We believe that an equitable and inclusive workplace benefits everyone and that the ...
  • 4/22/2024 12:00:00 AM

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Research Area Specialist Sr
  • University Of Michigan
  • Ann Arbor, MI
  • Summary The Department of Emergency Medicine is searching for a highly-motivated research area specialist to join the Ma...
  • 4/22/2024 12:00:00 AM

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Account Manager - Commercial Risk Real Estate
  • Kapnick & Company Inc.
  • Ann Arbor, MI
  • Job TypeFull-timeDescriptionFounded in 1946, Kapnick Insurance is an independent insurance advisory firm with Michigan r...
  • 4/22/2024 12:00:00 AM

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Project Controls Analyst
  • Black & Veatch
  • Ann Arbor, MI
  • **Project Controls Analyst**Date: Apr 5, 2024Location:Overland Park, KS, US US Ann Arbor, MI, US Burlington, MA, US Hous...
  • 4/22/2024 12:00:00 AM

Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. The 2010 census recorded its population to be 113,934, making it the sixth largest city in Michigan. Ann Arbor is home to the University of Michigan. The university significantly shapes Ann Arbor's economy as it employs about 30,000 workers, including about 12,000 in the medical center. The city's economy is also centered on high technology, with several companies drawn to the area by the university's research and development infrastructure. Ann Arbor was founded in 1824, named for wives of the village'...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Credit Analyst jobs
$54,122 to $70,866
Ann Arbor, Michigan area prices
were up 1.3% from a year ago

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