Credit Analyst

If you possess the necessary skills and qualifications to excel in this role, we encourage you to apply for the position of Credit Analyst at Lobox

Job Title: Credit Analyst

Location: New York, New York, United States

Salary: $84 Per hour

Employment Type: Contract

Industry: Information Technology & Services

Company Description: Lobox

Job Description: We are seeking a highly skilled Credit Analyst to join our team. As a Credit Analyst, you will be responsible for evaluating the creditworthiness of potential customers and assessing the risk involved in extending credit to them. You will play a vital role in protecting the company's financial assets by ensuring that credit is only extended to customers who have the ability to pay back their debts.

Key Responsibilities:

• Conduct thorough credit investigations on potential customers by analyzing their credit history, financial statements, and other relevant information.
• Evaluate financial data and determine the credit risk associated with each customer.
• Collaborate with sales and marketing teams to establish credit terms and limits for potential customers.
• Monitor existing customer accounts to ensure they are in good standing and identify any potential signs of credit risk.
• Prepare detailed credit risk reports and present them to management for review.
• Develop and maintain relationships with credit reporting agencies and other external sources to obtain up-to-date credit information.
• Stay updated on industry trends and regulations related to credit analysis and incorporate them into the company's credit policies and procedures.
• Communicate with customers to resolve any credit-related issues and provide guidance on credit management.
• Provide recommendations for credit limit adjustments and credit terms based on credit analysis results.
• Collaborate with other departments to implement credit risk management strategies.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field.
• Minimum of 3 years of experience in credit analysis, preferably in Information Technology & Services.
• Strong understanding of financial statements and credit analysis techniques.
• Excellent analytical and problem-solving skills.
• Proficient in using financial analysis tools and software.
• Exceptional communication and interpersonal skills.
• Ability to work independently and in a team.
• Strong attention to detail and ability to handle multiple tasks simultaneously.
• Knowledge of credit industry regulations and compliance requirements.
• Proven track record of making sound credit decisions.
• Strong business acumen and ability to identify potential business risks.

We offer a competitive salary, benefits package, and opportunities for growth and development within the company. Join our dynamic team and play a critical role in managing our credit risk and ensuring the financial stability of our company.