Auto req ID: 2741BR
Title: Sr. Commercial Credit Analyst
Job Function: Accounting / Finance
State and City: Texas, Plano
Company: Harley-Davidson Financial Services
Full or Part-Time: Full-Time
Job Summary:
Under minimal supervision the Sr. Credit Analyst is continually assessing and monitoring the overall financial viability and credit worthiness of the most complex business partners/customers located throughout the United States and Canada in accordance with policies and guidelines established in the company procedures manual. This would include periodic formal written credit memorandums and recommendations for credit lines and other financing products, as well as more frequent monitoring and decision making throughout the year regarding ongoing risk assessment, temporary overline situations, and special credit line needs throughout the year to promote utilization of Commercial products and services.
The Sr. Credit Analyst will work in conjunction with an Account Manager and Associate in a team-based approach to fully understand an assigned group of dealers. In addition, the Senior Credit analyst will assist with the training of new team members and help identify areas for improvement and training.
Primary Responsibilities
Periodic Credit Memorandums and Recommendations
- Reviews and understands the corporate structure/ownership of the business partner/customers and affiliate companies and insures that all documentation in the file provides adequate security in accordance with applicable guidelines.
- Works collaboratively with an Account Manager on an assigned group of dealers to understand Harley-Davidson Commercial Credit’s risk.
- Reviews and understands all Uniform Commercial Code information in the file to insure that HDFS maintains adequate access and priority to all collateral over other banks and lenders, etc.
- Reviews personal credit reports and Dun & Bradstreet reporting for any signs of poor payment or other issues.
- Travel as required to visit customers in order to build loyalty, resolve issues, and address risk.
- Promote understanding of products and services offered by explaining benefits to customers.
- Reviews and inputs the business partner/customers financial statement information into Moody’s Risk Analyst software and any other required databases for peer analysis.
- Reviews internal payment performance of the business partner/customers.
- Analyzes all of the above information and discusses with business partner/customers as needed throughout the year for risk assessment on an assigned number of accounts as well as more formal credit memorandums that are approved by applicable authority.
New Business Review and Recommendations
- Works closely with business partners/customers to obtain and analyze financial data, pro-forma’s and other data pertinent to credit underwriting guidelines and analysis including proposed dealership buyouts and targets points.
- Analyzes financial portfolio of business partners/customers to determine financial strength and determine cash flows for debt service capabilities.
- Reviews background information on prospective individuals and guarantors.
- Prepare credit memorandum to support decision
- Use effective time management to ensure customer service experience is satisfactory
Temporary Overlines and Special Credit Line Needs
- Reviews and makes recommendations on a daily basis for pending orders that take the business partner/customer above their approved credit line.
- Reviews and makes recommendations on temporary or seasonal credit line increases, as well as used credit lines.
- Reviews and makes recommendations on special credit lines and loan requests of other Commercial financing products to promote utilization and support growth opportunities.
- Reviews and makes recommendations throughout the year on various structure changes that may affect either HDMC or HDFS documentation requirements.
Other
- Performs other special projects and duties as assigned.
Education Required:
Bachelor's Degree required.
Experience Required:
- 5 years related experience in commercial credit, finance, banking, accounting, or other business field required
- Specific knowledge of financial statement analysis, concepts of accounting preferred
- Professional written and communication skills required
- Attention to detail, and good organizational skills
- Knowledge and proficiency in MS Office applications, as well as other computer skills required
- Strong teamwork skills and ability to interact effectively with all levels of staff
Supplemental Information:
This position will be filled in Plano, TX.
Direct Reports: No
Travel: Required 0-10%
Title: Sr. Commercial Credit Analyst
Job Function: Accounting / Finance
State and City: Texas, Plano
Company: Harley-Davidson Financial Services
Full or Part-Time: Full-Time
Job Summary:
Under minimal supervision the Sr. Credit Analyst is continually assessing and monitoring the overall financial viability and credit worthiness of the most complex business partners/customers located throughout the United States and Canada in accordance with policies and guidelines established in the company procedures manual. This would include periodic formal written credit memorandums and recommendations for credit lines and other financing products, as well as more frequent monitoring and decision making throughout the year regarding ongoing risk assessment, temporary overline situations, and special credit line needs throughout the year to promote utilization of Commercial products and services.
The Sr. Credit Analyst will work in conjunction with an Account Manager and Associate in a team-based approach to fully understand an assigned group of dealers. In addition, the Senior Credit analyst will assist with the training of new team members and help identify areas for improvement and training.
Primary Responsibilities
Periodic Credit Memorandums and Recommendations
- Reviews and understands the corporate structure/ownership of the business partner/customers and affiliate companies and insures that all documentation in the file provides adequate security in accordance with applicable guidelines.
- Works collaboratively with an Account Manager on an assigned group of dealers to understand Harley-Davidson Commercial Credit’s risk.
- Reviews and understands all Uniform Commercial Code information in the file to insure that HDFS maintains adequate access and priority to all collateral over other banks and lenders, etc.
- Reviews personal credit reports and Dun & Bradstreet reporting for any signs of poor payment or other issues.
- Travel as required to visit customers in order to build loyalty, resolve issues, and address risk.
- Promote understanding of products and services offered by explaining benefits to customers.
- Reviews and inputs the business partner/customers financial statement information into Moody’s Risk Analyst software and any other required databases for peer analysis.
- Reviews internal payment performance of the business partner/customers.
- Analyzes all of the above information and discusses with business partner/customers as needed throughout the year for risk assessment on an assigned number of accounts as well as more formal credit memorandums that are approved by applicable authority.
New Business Review and Recommendations
- Works closely with business partners/customers to obtain and analyze financial data, pro-forma’s and other data pertinent to credit underwriting guidelines and analysis including proposed dealership buyouts and targets points.
- Analyzes financial portfolio of business partners/customers to determine financial strength and determine cash flows for debt service capabilities.
- Reviews background information on prospective individuals and guarantors.
- Prepare credit memorandum to support decision
- Use effective time management to ensure customer service experience is satisfactory
Temporary Overlines and Special Credit Line Needs
- Reviews and makes recommendations on a daily basis for pending orders that take the business partner/customer above their approved credit line.
- Reviews and makes recommendations on temporary or seasonal credit line increases, as well as used credit lines.
- Reviews and makes recommendations on special credit lines and loan requests of other Commercial financing products to promote utilization and support growth opportunities.
- Reviews and makes recommendations throughout the year on various structure changes that may affect either HDMC or HDFS documentation requirements.
Other
- Performs other special projects and duties as assigned.
Education Required:
Bachelor's Degree required.
Experience Required:
- 5 years related experience in commercial credit, finance, banking, accounting, or other business field required
- Specific knowledge of financial statement analysis, concepts of accounting preferred
- Professional written and communication skills required
- Attention to detail, and good organizational skills
- Knowledge and proficiency in MS Office applications, as well as other computer skills required
- Strong teamwork skills and ability to interact effectively with all levels of staff
Supplemental Information:
This position will be filled in Plano, TX.
Direct Reports: No
Travel: Required 0-10%