>Credit Analyst will analyze financial information and assess the risks of credit offer to individuals and businesses. Analyze financial information like cash flow statements, and management accounts.
• Recommend and advise changes to various credit policies and procedures, recommend terms and method of payment and communicating these terms to the customer. Empowered to bind McLane by adjusting terms if the customer seeks longer terms then those initially granted. • Assess credit worthiness of new and/or existing customers through analysis of credit information, including credit bureau reports, review of customer financial statements, obtaining customer trade/bank references all in effort to set the appropriate line of credit, terms and payment method. • Manage and evaluate on a proactive basis the credit limits for a portion of the top 100 largest accounts annually to ensure accurate limits are in place relative to the customer's financial condition, payment trends and purchasing volumes. • Work closely with the Credit team to address delinquent accounts during the credit review process when setting up new units or during the annual financial review process. • Identify areas and implement process improvements that will enhance the efficiency of the credit review procedures. • Handle special requests from Credit management and perform special projects as requested which contribute to the development and maintenance of and adherence to the McLane Credit Policy. • Educate potential new accounts about the McLane ACH-Auto Draft system as well as the Prompt Pay Discounts (PPD) terms that are available. • Assess the overall credit worthiness of various client companies. • Keep abreast of issues related to compliance, legal, and market-risk involved in the endorsement of credit. • Help the staff to ensure that policies and procedures comply with the departmental standards.