Credit Manager

Penske Careers • Reading, PA

42d

About The Position

Lead credit underwriter for $2.6 billion Penske Logistics business. Performing credit due diligence, financial statement analysis, business & industry risk assessment and preparation/presentation of requisite credit write-ups. Decision authority for individual transactions up to transaction exceeding $2 million annually. Prepare decision documents for transactions above $2 million annually. Ability to make prudent credit decisions, structure transactions adequately to mitigate bad debt, and communicate same to internal and external customer to maximize collectible revenue for the company. Significant written and verbal interaction with internal and external customers on a daily basis.

Responsibilities

• Interface with the Genpact Credit Team. This will include twice weekly conference calls with the Team leader to address any concerns/doubts and provide training.
• Primary processor of Penske Logistics credit requests.
• Secondary processor of Penske Truck Leasing credit requests.
• Mentor Senior Credit Analysts
• Process security deposit refunds
• Review and edit higher level approval write-ups
• Interface with Sales organization regarding credit decisions and deal structuring
• Conference calls/customer visitations as needed
• Other projects and tasks as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees