Commercial Associate Job Description

Commercial Associate Job Description

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Commercial associate provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk.

Commercial Associate Duties & Responsibilities

To write an effective commercial associate job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial associate job description templates that you can modify and use.

Sample responsibilities for this position include:

Shadow daily activities with designated Mentor in order to learn processes, tasks & tools needed to perform competently in the role
Provide commercial support for the Regulated Markets Commercial Services team
Assist in the creation & maintenance of rate libraries for validation reporting
Assist analysts in performing site and account level data scrub, as needed, to meet budget deadlines
Manage Rate Tariff Optimization Campaigns and Deposit Recovery Audits to ensure adherence to process, track opportunities identified and providing reports to external clients
Will be asked to call on utilities for market intelligence for corporate energy budgets, rate schedules, purchased gas costs & miscellaneous cost structures
Consistently update models, other tools utilized by the team
Request, gather, & collect data as needed from external & internal sources
Prepare Excel, Word, & PowerPoint reports for use by the Commercial Services team
Conduct research for ad-hoc request as needed Adhere to Summit analysis processes

Commercial Associate Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Commercial Associate

List any licenses or certifications required by the position: CPA, AACI, MBA, CFA, US, CIPP, IACCM

Education for Commercial Associate

Typically a job would require a certain level of education.

Employers hiring for the commercial associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Business, Economics, Education, MBA, Marketing, Business/Administration, Real Estate, Communication

Skills for Commercial Associate

Desired skills for commercial associate include:

Business Banking and the clients/products
Processes to support the client and client team
Sales tools
Systems
Credit risk management policy
Insures compliance with internal bank commercial loan policy
External regulatory requirements documents any exceptions to policy and provides related rationale/mitigants
Canadian Commercial Banking marketplace
Accenture policy and Contract and Commercial Management Processes
Finance and accounting

Desired experience for commercial associate includes:

All majors will be considered
Demonstrated Leadership in club, sports team or volunteer group
Must be enrolled in a 4-year accredited undergraduate degree program, with a graduation date of December 2016 - May 2017
Demonstrated academic achievement in undergraduate degree programs
Demonstrated leadership in a club, sports team or volunteering
Must be enrolled in a 4-year, accredited college or university program with a graduation between December 2016 - May 2017

Commercial Associate Examples

1

Commercial Associate Job Description

Job Description Example
Our company is looking for a commercial associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commercial associate
  • Provides backup support specialist services, processes policies written on all other systems and/or processes blanket rated policies such as churches and schools as required or requested (applicable to IL policies only)
  • Maintain renewal lists and follow up on expiry dates
  • Shop market for best coverage and rates
  • Prepare and process vendor forms
  • Maintains data files in accordance with best practices
  • Provide pricing information and reports related to special pricing for customers
  • Announce and manage processes related to new sales hires
  • Order business cards, name badges and other materials needed in the field
  • Spreads Financial Statements, Business Tax Returns and Personal Tax Returns utilizing Moody’s Financial Analysis software
  • Performs covenant compliance and tracking through calculations and documentation on the Compliance Review Worksheet
Qualifications for commercial associate
  • Demonstrated academic achievement in an undergraduate degree program and a minimum preferred GPA of 3.5 or above
  • Must demonstrate strong analytical skills, including ability to understand complex rate structures and independently obtain resolution on billing discrepancies
  • Technical and functional knowledge including extensive knowledge of utilities, rate structures, taxes and other energy services
  • Must work well in a team environment and be able to build relationships with diverse groups and individuals
  • Intermediate to proficient computer experience in Microsoft Office Products
  • Ability to think outside the box in identifying new ideas to enhance/incorporate Summit process/deliverables and to enhance efficiencies
2

Commercial Associate Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of commercial associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial associate
  • Schedule sales meetings for senior leaders on your team with prospective members to achieve weekly, monthly, and quarterly goals
  • Leverage all available resources, such as the internal Salesforce database, LinkedIn, and predictive modeling tools, and warm interest to strategically identify organizations and individuals to contact (outreach)
  • Create monthly strategic outreach plans to support new business acquisition goals
  • Execute against strategic outreach plans
  • Work with team members through all phases of campaign management
  • Receives and provides support services for new business for Businessowners Policy (BOP) and associated Business Auto, Worker’s Compensation, and Commercial Umbrella policies
  • Completes identified underwriting cleanup and/or other projects as assigned
  • Reviews and approves pending certificates of insurance issued by financial representatives within established authority
  • Verifies or gains additional information necessary to modify policies by communicating with financial representatives via phone or by utilizing original and template written emails/communications
  • Assists other underwriting associate team members with workloads, particularly during periods of high work volume
Qualifications for commercial associate
  • Ability to learn and adapt to changing business needs and priorities
  • Willingness to learn and take on stretch assignments
  • Ability to manage multiple priorities, demonstrated problem solving skills, strong project management and planning skills, effective communication and time management skills
  • Can operate with minimal supervision or direction
  • Requires strong quantitative and analytical skills through use of computer support
  • Must show aptitude to effectively interpret and use multiple information sources to support customer-specific tactical plans and options
3

Commercial Associate Job Description

Job Description Example
Our growing company is looking for a commercial associate. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial associate
  • Assist in efforts to improve or redesign processes within S&M organization
  • Support ad hoc projects and analyses aimed at improving commercial performance and business outcomes
  • Accurately spread financial statements into Moody’s Financial Analyst database
  • Prepare financial statement trend reports, extended ratio analysis sheets, and other analysis to assist Portfolio Managers in identifying and evaluating the need for migration of credit risk grades
  • Assist Portfolio Managers in the early identification and proactive management of deteriorating credit and other problems
  • Prepare credit approval materials for annual client reviews, and ensure risk ratings are accurate
  • Calculate loan covenant requirements
  • Verify borrowing base information
  • Provide Experion client searches, personal credit reports, and industry reports as part of the due diligence of new loan requests
  • Work closely with the Portfolio Managers to ensure the accuracy of credit system data
Qualifications for commercial associate
  • Documented computer software skills, particularly Excel (detailed spreadsheets, financial formulas, pivot tables, V-Look up)
  • Full life cycle management of an automotive product
  • Ability to work within a global team environment while being independently proactive
  • Ability to apply both lessons learned and input from multiple entities to create innovative solutions to unforeseen problems
  • Ability to function well in both a team setting and individually
  • Must have strong work ethic and desire to win
4

Commercial Associate Job Description

Job Description Example
Our company is searching for experienced candidates for the position of commercial associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial associate
  • Support EVP Commercial and SVP Leasing Operations in detailed commercial reporting including demand pipeline, tender tracking, and tracking of competitive transactions
  • Support corporate reporting on commercial activity for quarterly business reviews, board meetings, and annual planning process
  • Co-ordinate quarterly roll-off planning process
  • Provide pricing support on certain transactions (Operating Leases, Finance Leases ) in a timely manner
  • Participate on deal teams as required and provide timely and constructive input to potential transactions
  • Liaise with Treasury/Finance with regard to the funding and hedging implications of transactions
  • Review, draft, and negotiate a heavy volume and wide variety of contracts, including entertainment, sales, food and beverage, lodging, event, marketing, sponsorship, supply, equipment agreements, and maintenance and service contracts
  • Advise on contest, sweepstakes, promotions, and advertising compliance, particularly on social media and digital platforms and create official rules and other supporting documentation
  • Conduct research on a wide variety of issues
  • Coordinate ongoing regulatory compliance with respect to matters such as business, labor & employment, liquor and child care licensing
Qualifications for commercial associate
  • Possesses basic knowledge of the insurance industry and/or general office operations
  • Possesses the ability to organize work and set daily priorities
  • Possesses good detail orientation and analytical skills
  • Demonstrates the ability to perform in a production, team-based environment
  • Possesses the ability to multi-task and assist the department to meet production goals during peak work periods
  • Possesses good oral/written communication skills necessary for interaction with internal employees and agency force
5

Commercial Associate Job Description

Job Description Example
Our growing company is looking for a commercial associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial associate
  • Utilise effective relationships to maximize opportunities for cross referrals
  • Develop proposals that address clients’ needs, concerns and objectives
  • Work as part of a deal team to ensure the best customer experience and response
  • Leverage input from other internal teams to maximize overall deal value to the business
  • Act as the Deal Lead for large opportunities, from initiation to closure, and create development plans for large client accounts
  • Lead the coordination and presentation of multi-jurisdictional sales proposals to international clients
  • Meet monthly, quarterly, and annual revenue targets, aligned with the company’s objectives
  • Contribute to the development of the sales team, boosting overall productivity and effectiveness, and improving conversion rates
  • Work with leadership to implement best practice, and create strategies for sales improvement based on market research and/or competitor analysis
  • Support the achievement of branch financial objectives through effective and timely administrative and credit support tasks
Qualifications for commercial associate
  • Strong interpersonal communication skills, ability to form trusting relationships with team members at all levels, and with existing and potential clients
  • Minimum two years of work experience in e-commerce, retail, business development, buying or project management role
  • Strong interpersonal and communication skills, both written and verbal with demonstrated ability to influence others
  • Strong analytical skills backed by intermediate knowledge of Excel, ability to use data to understand root causes of performance and make decisions
  • High level of knowledge of the St
  • Experience working in or supporting B2B SaaS or other high-tech customer organizations

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