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Credit Risk Analyst
Canon
Mount Laurel, NJ, United States
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Company Overview
Canon Financial Services, Inc. (CFS) is a wholly-owned subsidiary of Canon U.S.A., Inc. Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $29 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2016† and is one of Fortune Magazine's World's Most Admired Companies in 2016. Canon U.S.A. is committed to the highest level of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. In 2014, the Canon Americas Headquarters secured LEED® Gold certification, a recognition for the design, construction, operations and maintenance of high-performance green buildings. To keep apprised of the latest news from Canon U.S.A.,
† Based on weekly patent counts issued by United States Patent and Trademark Office.
All referenced product names, and other marks, are trademarks of their respective owners.
We are an EEO/AA employer. Minority/Female/Individuals with Disabilities/Protected Veterans.
Position Overview
The Risk Analyst is responsible for making sound credit decisions within required turnaround times, investigating and decisioning credit requests using multiple credit resources. The position is responsible for providing extraordinary customer service to external and internal customers and working within a team environment with fellow Risk Analysts and Senior Risk Analysts, documentation administrators, and origination representatives to ensure all risk management activities are conducted within expected guidelines. The position is highly interactive, requiring frequent conversations with sales personnel and end user customers to gather information to support credit decisions.
Responsibilities
• Reviews and analyzes credit scoring metrics in a proactive and timely manner, utilizing various resources, including but not limited to, Dun & Bradstreet, Experian Business, personal credit bureau reports , CFS Pay history, SEC, rating agencies (Moody’s, S&P, and Fitch), regulatory resources such as FDIC, Insurance Commissions, etc., and various other web resources.
• Reviews and decisions transactions within assigned authority, including recommendations from other Risk Analysts, and makes recommendations on transactions in excess of assigned authority.
• Conducts financial statement analysis and completes financial statement spreadsheets to assist in identifying credit strengths and concerns.
• Periodically reviews and completes credit line renewals.
• Confirms appropriate documents on approvals based on business rule guidelines.
• Advises documentation on changes to document terms and conditions within assigned authority.
• Advises sales team on the status of pending applications and steps required to reach a credit decision.
• Communicates with sales and end user customers to obtain required credit and financial information.
• Regularly updates system comments to keep all parties informed of the status of all credit applications.
• Ensures that dealers and customers receive timely, best in class, service.
• Develops and maintains effective working relationships with business partners, end user customers, and internal and external employees.
• Seeks guidance as appropriate from the Risk Manager.
• Provides coverage support for all regions as required.
• Completes all required training and satisfactorily implements best practices into day to day activities.
• Thinks creatively and innovatively to develop solutions to challenging business issues.
Qualifications
• Bachelor’s Degree in a business discipline or equivalent work experience
• At least three years of commercial credit underwriting experience
• Thorough knowledge of credit evaluation techniques and financial statement analysis
• Thorough knowledge of equipment finance business
• Ability to appropriately structure challenging credits
• Team player and self-starter, with ability to drive favorable outcomes of complex issues
• Ability to multi-task and effectively manage competing interests
• Ability to work effectively in a fast paced environment
• Strong written and verbal communication skills
• Best in class customer service and relationship management skills
• Proficient in Microsoft Office, including Word and Excel
• Working knowledge of lease accounting systems including InfoLease
• Familiarity with credit scoring models and metrics