Commercial Credit Analyst

B&H Photo Recruiting Department•New York, NY

2d•$75,000 - $85,000

About The Position

The Credit Specialist processes credit applications from new customers and from existing customers seeking credit terms or an adjusted credit line. The role reviews applications for potential fraud and conducts research and background checks to assess applicants. It also involves communicating with customers to collect information needed to process applications, updating customer profiles and credit limits after approval, and informing applicants of decisions. In coordination with the team, the specialist manages departmental phone and email queues and requests from Sales, Accounts Receivable, and other groups. The role also monitors customer accounts annually and prepares 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.
Set up open accounts with credit limits and enter verified information in account profiles.
Assist and communicate with Sales, Marketing, Accounts Receivable, financial institutions, and businesses regarding daily issues and requests.
Periodically review active accounts with high activity or volume through scoring or by requesting updated credit information.
Review applications for indications of fraud and conduct necessary research and background checks.
Communicate with customers to gather information required to process applications.
Update customer profiles and enter approved credit limits into the system, then inform applicants of application outcomes.
Help manage the department's phone queue, mailbox, and requests from Sales, Accounts Receivable, and other groups.
Monitor customer accounts annually and produce reports as needed.