Commercial Credit Analyst

B&H Photo • New York, NY

1d

About The Position

The Credit Specialist processes credit applications from new and existing customers seeking credit terms or an adjustment to their current credit line. The role reviews applications for indications of fraud and conducts the necessary research and background checks to assess applicants’ creditworthiness. The Specialist communicates with customers promptly to obtain information needed to process applications. Upon approval, the Specialist updates customer profiles, enters credit limits into the system, and informs applicants of the outcome.

Working with the team, the Specialist helps manage the department’s phone queue and mailbox and handles requests from Sales, A/R, and other groups. The role also monitors customer accounts annually and produces reports as needed.

Requirements

• Effective problem-solving and analytical skills.
• Excellent written and oral communication skills.
• Excellent organizational skills and attention to detail.

Responsibilities

• Process business credit applications for credit-terms accounts.
• Investigate applicants and assess their creditworthiness, including reviewing applications for indications of fraud and conducting background research.
• Communicate with customers in a timely manner to gather information required to process applications.
• Set up open accounts, enter credit limits, and add verified information to account profiles.
• Inform applicants of application outcomes.
• Work with the team to manage the department phone queue, mailbox, and requests from Sales, A/R, and other groups.
• Communicate with Sales, Marketing, A/R, financial institutions, and businesses about daily issues and requests.
• Periodically review active accounts with high activity or volume by scoring them or requesting updated credit information.
• Monitor customer accounts annually and produce reports as needed.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed