Credit Analyst

ESSENTIAL DUTIES AND RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

• Review and evaluate financial statements, credit reports, and other relevant information to assess credit risk to determine the likelihood of repayment.
• Review and make decisions on credit terms and limits or submit recommendation based on appropriate approval authority.
• Develop and prepare regular reports and presentations for management that summarize credit performance, trends, and improvement initiatives along with actionable insights.
• Monitor key credit metrics, processes, and performance indicators, such as risk rating and credit utilization, to provide regular insights and recommendations to management.
• Ensure that accurate and up-to-date records are maintained for each customer.
• Collaborate cross-functionally with departments such as Sales, Procurement, and Distribution to streamline processes and enhance efficiency of credit team.
• Stay abreast of industry best practices and emerging trends to continuously enhance the company's practices and strategies.
• Support ad-hoc financial analysis and special projects as assigned by management to drive strategic objectives and initiatives.

EDUCATION and/or EXPERIENCE:

• Bachelor's degree in finance, accounting, or related field.
• 2-3 years of experience in commercial credit environment and/or equipment financing industry.
• Experience in industrial manufacturing or distribution environment is preferred.
• Advanced degree or professional certification (e.g., Credit Risk Certification, CRC) is a plus.

KNOWLEDGE / SKILL REQUIREMENTS:

The ideal candidate will demonstrate:

• Strong analytical and quantitative skills, with proficiency in credit modeling and modern software (ERP/OTC credit tools/Microsoft Office suite).
• Excellent communication and interpersonal skills, with the ability to collaborate effectively outside the finance department and across all levels of the organization.
• Detail-oriented with a high degree of accuracy and a proactive approach to problem-solving.

• High level of integrity and dependability with a strong sense of urgency and results orientation.
  

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Rite-Hite is the global leader in the manufacture and distribution of industrial loading dock and door equipment. Our innovative products and world class sales organization ensure solid, consistent growth, both for our company and our staff. We are always looking ahead to develop innovative new products and services to improve our customers' safety, security, and productivity.

Rite-Hite provides competitive compensation and a comprehensive benefits package with medical, dental, and vision coverage along with life and paid medical leave. We also provide a retirement savings plan that combines 401(K) with company match and profit sharing. Paid holidays, vacation, and up to five paid personal/sick days per year round out the package.

Rite-Hite is an Equal Opportunity/Affirmative Action employer offering a drug free workplace for our customers and employees.