Credit Analyst - Advance Partners

Advance Partners•Highland Hills, OH

1d•Hybrid

About The Position

Advance Partners, a Paychex-backed financial services firm founded in 1998 and based in Cleveland, Ohio, supports staffing agencies with payroll funding, invoice factoring, back-office support, and strategic services. The Credit Analyst monitors client and end-debtor performance and recommends or takes action to protect the integrity of the collateral portfolio. The role evaluates clients’ ability to meet obligations to Advance, researches accounts receivable and debtor creditworthiness, reviews transactions for anomalies, and reports identified risks to the appropriate teams. The position trains and works from one of the local offices listed in the posting. After training, employees may work a hybrid schedule of three days in the office and two days at home if desired. The usual schedule is Monday through Friday, approximately 8:30 a.m. to 5:00 p.m. Eastern Time, with hours potentially adjusted for other time zones. Applicants must be authorized to work for any U.S. employer; sponsorship of employment visas is unavailable. Applicants must be U.S.-based and may not be located in California.

Requirements

Understanding of basic finance and credit practices.
Ability to analyze data and understand its business significance.
Detail-oriented, customer-focused, proactive, and able to work under pressure.
Applicants must be authorized to work for any employer in the United States; the company cannot sponsor or take over sponsorship of an employment visa.
Applicants must be based in the United States and may not be located in California.

Nice To Haves

Bachelor’s degree in Finance.
Customer service skills.
Teamwork skills.
Detail-oriented approach.
Sales experience or skills.
Analytical skills.
Accounts receivable experience or skills.
Accounting experience or skills.
Finance experience or skills.
Financial statements knowledge.
Working capital knowledge.
Underwriting experience or skills.
Credit risk knowledge or experience.
Knowledge of liens.
Credit management experience or skills.
Credit underwriting experience or skills.

Responsibilities

Analyze client positions and their ability to handle current obligations to Advance, including portfolio size and concentration, existing liens, and workers’ compensation status.
Research accounts receivable information, including aging, concentration, and other issues.
Research end debtors’ financial viability and creditworthiness using available financial and credit information.
Review transaction information for anomalies that could affect Advance’s position.
Identify potential risk factors promptly and communicate them to appropriate teams in a timely manner.
Research and report data thoroughly and accurately.
Prepare and present accurate reports regarding the client base.
Complete tasks accurately and on time in an organized, effective, and positive manner.
Maintain open and professional relationships with clients and debtors.
Perform duties in accordance with company policies and procedures and in support of teamwork.
Perform other duties as assigned.

Benefits

Medical coverage.
Virtual wellness classes.
Tuition reimbursement.
401(k) with employer match.
Adoption assistance.
Financial assistance.
Paid time off.
Company holidays and culture days.
Work-life balance programs.
Award-winning training and development programs and ongoing learning opportunities.
Paid time off for volunteerism.