Business Analyst - Credit

Formosa Plastics•Livingston, NJ

About The Position

Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas. Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid. We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities. Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.

Requirements

Bachelor’s degree in Business Analytics
Two (2) years of experience in data analysis
Must have knowledge of Python, SQL, machine learning, Tableau, VBA macros, Power Query, variance and trend analysis, data warehousing, data visualization, predictive modelling, Dimensionality Reduction, Cluster Analysis; K-Means, Time Series, Regression and Classification, financial concepts, analyzing accounting data.

Responsibilities

Conduct comprehensive credit reviews by compiling, cleaning, and analyzing datasets in Excel and SQL, including payment histories, account transactions, and other financial data to assess credit risk.
Create interactive financial and performance dashboards in Tableau and Excel to track key credit indicators, outstanding balances, and operational KPIs, providing data-driven actionable insights for management decision-making.
Perform variance and trend analysis on revenue streams and account activities to detect anomalies, evaluate creditworthiness, and recommend appropriate credit lines.
Conduct detailed analysis of customer financial statements, cash flow, and credit reports to assess repayment capacity and recommend appropriate credit terms.
Monitor portfolio credit exposure and prepare periodic risk assessment reports, highlighting potential problem accounts and recommending actions to mitigate credit risk.
Incorporate supplier references, external credit reports, and historical payment data into credit risk assessments, applying sound judgment to recommend credit limits in line with company policies.
Design and implement automated reporting templates for recurring financial and operational credit reports, ensuring accuracy, consistency, and compliance with established procedures.

Benefits

Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and Supplemental Life Insurance
Tuition Reimbursement
10 Paid Holidays
Paid Time Off for a balanced life (Vacation, Sick and Personal Time)
FlexTime Available
Competitive salary, incentive/bonus, 401(k) plan with company match, Cash Balance, Pension Plan