Credit Portfolio Manager
$105,050–$149,700 year
On-siteMount Laurel, New Jersey, United States
Job Summary
Assess the creditworthiness of new and existing customers by analyzing financial statements, credit reports, and other relevant information. Decide credit limits up to $20 million for clients requesting leasing and services based on credit quality. Monitor customer credit accounts regularly to identify risks or opportunities for credit limit adjustments and outline mitigating measures for potential risks. Support the development and implementation of credit risk management strategies and policies while guiding and supporting credit analysts on process improvement, training, and compliance. Act as a subject matter expert in credit risk management and financial analysis, providing strategic recommendations to departmental staff, Sales, legal counsel, and senior management. Liaise with internal and external counsel on clients undergoing structured refinancing procedures, bankruptcy cases, and legal filings. Prepare account statements for legal filings and coordinate with the Vehicle Remarketing team for asset repossession and remarketing needs. Communicate with customers and prospects to explain credit parameters, payment terms, and required enhancements.
Required Qualifications
- Bachelor's degree in Finance, Accounting, or a related field
- 3-5+ years' experience
- 2+ years at a leadership level
- Demonstrated proficiency in assessing creditworthiness
- Analyzing financial statements
- Conducting credit risk analysis
- Experience with credit policies
- Approval processes
- Ability to manage credit limits in a B2B (business-to-business) environment
- Proficient in various desktop tools including MS Office Programs (i.e. Outlook, Excel, Word, PowerPoint, Project, Visio, SharePoint etc.)
Desired Qualifications
- Additional education, certifications, or other distinctions
- Experience with credit policies, approval processes, and the ability to manage credit limits in a B2B (business-to-business) environment
- Knowledge of fleet management industry practices, including leasing, maintenance, and fuel management for fleet vehicles
- Experience in collaborating with legal teams on structured refinancing, bankruptcy cases, and legal filings
- Breadth and depth of technical or functional expertise in own area of responsibility or department
- Acquiring knowledge of other related areas of departments
- Developing and implementing processes, methods, and tools to increase efficiency and accuracy
- Experience with credit policies, approval processes, and the ability to manage credit limits in a B2B (business-to-business) environment
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