Associate Credit Analyst

LG Electronics•Englewood Cliffs, NJ

47d•$60,000 - $70,000•Onsite

About The Position

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.

Requirements

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

Responsibilities

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.

Benefits

No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
Performance based Short-Term Incentives (varies by role).
Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
Group Rate Life and Disability Insurance.
Eligible for the relevant benefit programs offered through our partner agencies.

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