Credit Portfolio Analyst - Advance Partners - Paychex
Highland Hills, OH 44122
About the Job
The Credit Portfolio Analyst will be primarily responsible for reviewing new credit approvals and setting credit limits for end debtors in order to maintain optimal revenue while mitigating losses.
Responsibilities:Advance Partners champions next-level staffing firm growth through payroll funding, back-office solutions, and strategic business coaching. A company 100% dedicated to the talent acquisition/staffing industry, we’re proud to support businesses that put millions of people to work every day. We were founded to serve as a growth partner to the go-getters of the talent acquisition industry and that remains essential to our core. We’ve shaped our close-range approach to customer care and funding to give staffing firms the trust and confidence to say yes to game-changing opportunities. Founded in 1998 and headquartered in Cleveland, Ohio, we have provided over $40 billion in financing to over 350 entrepreneurial staffing firms of all sizes. Our mission is to help staffing firms grow. In 2015, Advance Partners was acquired by Paychex, Inc. (NASDAQ: PAYX) a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. For more information visit http://www.advancepartners.com
Please note: The person who fills this role will train/work in the office in Highland Hills, OH or Rochester NY & will work towards a hybrid schedule of 3 days in the office and 2 days at home if desired.
The shift is Monday - Friday, approx. 8:30 am - 5:00 pm ET.
- Enters and reviews new customer setup requests for credit approval based on available research information through Dunn & Bradstreet, Edgar/SEC filings, Bloomberg, Lexis Nexis, Equifax, Experian, etx. to ensure approval of qualified debtors and appropriate limits are set.
- Approval of credit limit decisions up to a determined amount.
- Acts as a point of contact for Senior Credit Analysts and Senior Management for end debtor credit limits and reviews.
- Manages data analysis needs including mass reviews/updates of end debtor credit limits and responds to ad hoc analysis requests from Senior Management.
- Assists in preparing annual client reviews (re-CAM) for existing relationships to analyze creditworthiness, identify key credit issues, and prepare full written analysis.
- Ensures proper recording of responsible end debtors in database.
- Implements and maintains super user status for portfolio management risk-based software
- Identifies and implements process improvements, manages special projects as assigned by senior management.
- Participates in weekly Credit and Debtor meetings to coordinate and discuss escalating credit issues.
- Maintains all duties to support company policies, procedures, and enhance teamwork.
- Bachelor's Degree in Business, Finance, or Accounting related - Preferred
- 3 years of experience in Banking/Finance/Accounting environment with emphasis on commercial credit.
- Ability to analyze and interpret financial data.
- Demonstrates analytical skills.
- Ability to simultaneously handle multiple priorities.
- Demonstrates a high level of accuracy, even under pressure.
- Performs work independently with minimal supervision.