Credit Coordinator Job Description
Credit coordinator
provides computer application software support to staff, students and alumni (including iModules, Microsoft Office; Symplicity, Banner; Outlook, HandShake, WorkDay, VMock, Interstride etc.).
Credit Coordinator Duties & Responsibilities
To write an effective credit coordinator job description, begin by listing detailed duties, responsibilities and expectations. We have included credit coordinator job description templates that you can modify and use.
Sample responsibilities for this position include:
Maintains and organizes department files and documents the department shared drive
Ensures meeting minutes other credit related documents are property stored and saved in the share drive
Managing the LC renewal process
Investigates and resolves customer complaints regarding misapplied or incorrect payments and late fees and applies appropriate debit/credit to customer account
Proactive Portfolio Account Management (invoice to collection activities) -- to include accounts receivable collections, claims identification, resolution, credit card, offsetting, overpayment, duplicate deductions, write-offs (based on approved limits), customer chargebacks and all other discrepancies that occur on customer invoices
All of the above done in accordance with JJHCS policies and procedures Corporate Auditing guidelines
Responsible for the day-to-day activities in treasury functions to meet the financial obligations of the organization
Performs all Customer File Maintenance including adding new accounts, term changes, address updates, tax codes and sales territory changes
Maintains customer files utilizing document management system and hard copy filing
Daily Management of all Pre-Pay customers, pricing loads placing orders
Credit Coordinator Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Coordinator
List any licenses or certifications required by the position: ASC, CCE, W-9, TDS
Education for Credit Coordinator
Typically a job would require a certain level of education.
Employers hiring for the credit coordinator job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Education, Accounting, Business, Finance, Associates, Communication, Computer, Counseling, Management, Legal
Skills for Credit Coordinator
Desired skills for credit coordinator include:
Accounting responsibilities and functions
Billing and Collections procedures
JD Edwards software
Microsoft Office software
BOSS
EDR
Excel
GFS
LIQ
Microsoft Office
Desired experience for credit coordinator includes:
Knowledge of related credit systems such as ROWS, C3, Exposure Now, Customer Assist, Filenet a plus
Requires 5+ years of total related experience in Business Banking Client Service/Support or similar position in business loan processing, commercial lending support environment and/or similar position
Professional, thorough and organized
Regulation Z and chargeback experience preferred
Prefer familiarity with business application including
Strong collaboration skills to partner with internal organizations (i.e., Field Sales, Contracting, Order Management, Memphis Logistics Center, ) is required
Credit Coordinator Examples
1
Credit Coordinator Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of credit coordinator. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit coordinator
- Assisting the local head of credit analysts managing a team of credit analysts, acting as a facilitator in operational aspects of the credit process locally
- Conducting the counterparty and credit risk analysis of a portfolio of clients and selecting the adequate credit process flow
- Investigating / troubleshooting shipments
- Assisting the team with getting up to speed with a huge backlog of credits
- Daily review of capital requirements
- Execute sellouts on client accounts
- Assess margin loan request within delegated level of authority
- Work closely with internal partners ( Transfers Dept, Cash Control, Client Services) for account and loan valuations
- Loan to value valuations of all margin accounts
- Accountable for production and performance within Credit Bureau Disputes process
Qualifications for credit coordinator
- Experience tracking shipments as part of an investigative process)
- Investigate and resolve CBR disputes in a high volume and productivity driven function
- Edit documents, cross-checking for consistency and accuracy
- Solve customer issues through researching numerous computer programs, while having knowledge of Federal Regulations
- 2 years of experience in Analyzing case scenarios
- 6 months of experience with Shaw installment loan system
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Credit Coordinator Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of credit coordinator. 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 credit coordinator
- Collaborate with upstream and downstream internal business partners to advocate for sufficient internal controls to ensure accurate reporting
- Communicate findings with various lines of business
- Review and interpret data inputs by all lines of business to determine what output should be triggered on the monthly Metro 2 reporting cycle
- Work with vendors and other external entities to provide reporting and remediate errors
- Review internal control reports to ensure accurate reporting, be able to find illogical data elements and process corrections
- Ensure all activities are performed in accordance with regulatory guidelines
- Communicate effectively with Compliance and/or internal Legal counsel to determine upstream or downstream process breakdowns which cause inaccurate reporting and regulatory violations
- Participate in multiple Prime events and remediation plans for any impacted accounts
- Maintain log of all daily activities and submit into Management Operating System (MOS).Perform other duties as directed by PAR Management
- Process reviews of existing accounts, assessing level of risk and taking adverse action
Qualifications for credit coordinator
- Strong analytical, problem solving and organization skills, , ability to pay strong attention to detail
- Follows guidelines, able to research and resolve problems
- Must have demonstrated organization skills and ability to follow through on tasks
- 2 years of experience in Process management or 2 years of experience in risk management
- Three years of working in Finance with credit and collections and / or accounts receivable experience
- Good working knowledge of an ERP system, such as JD Edwards
3
Credit Coordinator Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of credit coordinator. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit coordinator
- Review, determine, and process high-volume, time-sensitive, Credit Approval requests as a Shared Service provider to multiple subsidiaries, for a leading supply chain management company
- Follow Departmental Documents, Manuals, Policies, and Procedures for Credit Approvals and/or New Account Set Ups in SAP
- Monitor Tracker and Outlook for all credit approval requests
- Gather complete information for analysis, determination, and resolution – including escalation, requesting corrective action, and communicating where necessary
- Liaise with CIT/Wells Fargo for credit review & approvals (80% of orders through Factor)
- Request Factor credit line increases when necessary
- Maintain accurate settings and data in SAP for all electronic communications
- Monitor Daily Factor Credit Line Changes and update SAP as necessary
- Properly address credit declines with manager, customers, and internal departments when applicable - including partnering with Collections Department and Sales to facilitate resolution
- Assist with quarterly audits
Qualifications for credit coordinator
- Fluency in English and Dutch, written and spoken
- Must be able to multi-task in a high paced environment
- 2 years of Financial Services or Mortgage experience
- 2 Years of experience working with Credit Bureau Disputes
- To perform this job successfully, an individual should have working knowledge of ERP systems(s), SAP preferred
- Exhibit professional excellence and consistently work as a teammate, supporting other members of the team
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Credit Coordinator Job Description
Job Description Example
Our growing company is hiring for a credit coordinator. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit coordinator
- Clear credit card transactions rejected by the CCRD program by contacting customers, CSC as appropriate to resolve reasons for rejected credit card transactions
- Process cancellations and advance payments on credit cards as requested by CSRs and customers
- Provide information, back up documents and reconciliations of credit card transactions as requested
- Process supplier invoices, including inventory and non-inventory vendors
- Review cost discrepancy reports for vendors
- Sort daily mail to resend invoices to relevant parties for approval
- Work with Supply Chain to resolve difference, quantity and product discrepancies
- Communicate the status of customer accounts (current, past due, slowness, financial problems, ) to management
- Coordinate with the warehouse the collection of customer documentation needed to support payment (shipping, documents, Bills of Lading, POD’s)
- Training all new cardholders and approvers on credit card process and expense reporting
Qualifications for credit coordinator
- Collect all necessary financial information required for Ritchie Bros
- At least 1 year of Commercial or Small Business underwriting experience
- Bachelor's Degree in Finance, Accounting, Economics or Psychology or Military Experience
- 2+ years of customer contact experience in a sales, military or call center environment via telephone and e-mail
- Previous Banking or other Financial Services experience preferred
- Proficiency in Regulation E
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Credit Coordinator Job Description
Job Description Example
Our growing company is hiring for a credit coordinator. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit coordinator
- Maintaining database of all fleet vehicles with driver changes, cost center updates and vehicle information
- Understanding company fleet policy and providing clarification and enforcement of the policy and processes
- Researches and resolves account disputes, rejected / returned payments, skipped payments/invoices and corresponds with customers to reconcile payments and resolve past due balances
- Monitors academic progress of students
- Assists in recruitment of potential students by advising them of general academic requirements of a specific college
- Gathers and/or calculates necessary information such as GPA's or enrollment statistics
- Assists students with admission and registration/provides guidance in course selection in keeping with the student's interests, values and abilities
- Assists Director at Parent Information Meetings, Open Houses, and other recruiting and orientation activities
- Analyze the credit data obtained and recommend to management whether an order should be held or approved
- Support the strategic plan through collaborating with campus personnel in implementing strategies for the advancement of concurrent enrollment (Dual Credit, Dual Enrollment, Early/Middle College) initiatives across the District
Qualifications for credit coordinator
- Bachelors degree helpful
- Ability to strictly adhere to compliance and regulatory rules
- Multi-tasking skills and ability to work under time restraints
- 2-5 years of relevant experience in an accounts receivable, billing/collections environment
- College or associates degree preferred
- Strong analysis and reconciliation skills