Associate, Credit Analyst SOFOM

Element Fleet Management; United States; Remote; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company that is redefining the fleet management industry by prioritizing people and delivering exceptional client experiences. In this role, you will be responsible for managing the registration of Economic Groups and credit lines while ensuring compliance with regulatory requirements. You will play a crucial part in evaluating credit portfolios and validating key financial information. This innovative firm offers a culture of empowerment and accountability, comprehensive health benefits, and a commitment to diversity and inclusion. If you are detail-oriented and thrive in a dynamic environment, this opportunity is perfect for you.

Benefits

Comprehensive health and welfare benefits

Paid time off (vacation, sick leave, holidays)

Qualifications

• Minimum of 5 years of experience in regulated financial institutions.
• Advanced English is desirable.

Responsibilities

• Register new Economic Groups and Lines in the Credit System.
• Validate internal payment behavior and ensure financial information is current.
• Validate collateral value and insurance coverage.

Skills

Commercial and Corporate Credit Knowledge

Attention to Detail

Proactivity

Teamwork

Communication Skills

Education

Degree in Economics

Degree in Accounting

Degree in Finance

Degree in Financial Engineering

Job description

Get started on an exciting career at Element!

Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to prioritize people first, then business – delivering a superior client experience. This requires hard work and innovation, and we are looking for like-minded individuals to join our team.

Position Overview

Responsible for executing new activities related to the registration of Economic Groups and Limits in the system, as well as periodic validations for credit portfolio evaluation to meet CNBV requirements for regulated SOFOM credit portfolios.

Activities include system updates and improvements for Anfexi and Bajaware credit systems to ensure the quality of regulatory reports.

Conduct functionality validations of credit risk processes in new systems and review the quality of automated regulatory portfolio reports.

Main Duties and Responsibilities

1. Register new Economic Groups and Lines in the Credit System, including updates.
2. Register approved credit lines in accordance with current policies.
3. Create Economic Groups and link their components in the credit system.
4. Set credit limits for Economic Groups and their constituent companies based on credit approval and policies.

Credit Portfolio Evaluation

1. Validate internal payment behavior over the past 7 months.
2. Validate payment status at quarterly closing.
3. Ensure current annual financial information is available at the time of calculation.

Guarantee Validations:

1. Validate collateral value (Aforo).
2. Validate insurance coverage (validity).
3. Verify registration in the name of Element.

Education and Experience

• Degree in Economics, Accounting, Finance, or Financial Engineering.
• Minimum of 5 years of experience in regulated financial institutions in Mexico.

Knowledge and Competencies

• Knowledge of Commercial and Corporate Credit.
• Proactivity, attention to detail, ability to work under pressure, teamwork, flexibility, goal-oriented, continuous improvement, and communication skills.
• Advanced English (desirable).

What’s in it for You

• A culture of innovation, empowerment, decision-making, and accountability.
• Comprehensive health and welfare benefits for you and your family.
• Additional benefits including paid time off (vacation, sick leave, holidays).

Candidates must be willing to undergo a pre-employment background check.

Element Fleet Management and its subsidiaries are equal opportunity employers committed to diversity and inclusion. We consider all qualified applicants regardless of race, religion, gender identity, age, sexual orientation, disability, or protected veteran status. Accommodations are available during the application process upon request. Please contact [e-mail] or call 55 5018 7100 for assistance.