Credit Associate

ProducePay; United States; Remote; USD 50,000 - 80,000; Full time

Job summary

A leading company in agricultural finance is seeking a Credit Associate to assess and manage the credit risk of clients. In this role, you will conduct credit analyses, develop financial models, and collaborate with cross-functional teams to ensure compliance with risk management policies. Ideal candidates will have a background in finance and strong analytical skills, along with proficiency in both English and Spanish. The position offers opportunities for training and development as part of a dynamic team focused on revolutionizing the fresh produce supply chain.

Benefits

Private Health Insurance

Pension Plan

Paid Time Off

Work From Home

Training & Development

Performance Bonus

Qualifications

• 2+ years of experience in the financial industry.
• Solid understanding of credit risk assessment.
• Proficiency in Excel-based analysis.

Responsibilities

• Conduct credit analyses and reviews on underwriting requests.
• Develop financial models and prepare underwriting memorandums.
• Maintain communication with Portfolio Management and clients.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Client-facing experience

Bilingual (English and Spanish)

Education

Bachelor’s degree in finance, Economics, Business, or related field

Job description

As a Credit Associate, you will play a pivotal role in assessing and managing credit risk of our clients. Your responsibilities will include conducting credit analyses, supporting deal structuring and collaborating with cross-functional teams to ensure sound credit decisions that align with our risk management policies.

You’ll be working closely with a team based in both the United States, Mexico and Perú.

Responsibilities

• Conduct reviews on underwriting requests, including background checks, document review, and various analyses on cash flow, yield sensitivity, liquidity, and debt coverage.
• Analyze credit reports, loan documentation, and contractual agreements.
• Develop financial models (Balance Sheet, Income Statement, and Cash Flow).
• Cross-reference financial statements, operational projections, underwriting materials, and market data to identify potential risk factors.
• Prepare comprehensive underwriting memorandums for review by the Investment Committee.
• Interact directly with clients to resolve Investment Committee inquiries and gather supporting documentation.
• Set credit recommendations for deals up to $1.25M, ensuring all credit activities comply with internal policies and regulatory requirements
• Maintain continuous communication with Portfolio Management and Customer Success teams, including leading reference calls with stakeholders and addressing relevant news or developments.
• Collaborate with Due Diligence and Risk teams on Pre-Season and Marketplace processes.
• Support applicant pipeline management, ensuring accuracy and adherence to underwriting quality standards.
• Work with a high standard of professionalism and technical rigor.
• Maintain clear and concise documentation for each application, including customer correspondence, guideline exceptions, and key credit decision details.
• Ensure senior team visibility on relevant information throughout the investment process.

About ProducePay

ProducePay is revolutionizing the fresh produce supply chain by providing growers, distributors, and retailers with innovative financing solutions and real-time market insights. Our mission is to create a more sustainable and transparent agricultural economy.

• 2+ years of experience in the financial industry
• Bachelor’s degree in finance, Economics, Business, or related field
• Solid understanding of credit risk assessment, financial products, and Latin American markets
• Client-facing experience in a fintech or financial services context is a plus
• Proficiency in Excel-based analysis
• Strong analytical and problem-solving skills
• Highly organized with excellent attention to detail and a strong sense of ownership
• Ability to manage multiple projects and implement systems for workload efficiency
• Strong writing skills with the ability to distill complex financial information clearly and concisely
• Proficiency in Spanish
• Intermediate to advanced English (required)
• Comfortable reviewing legal language in contracts (in Spanish and English)
• Able to analyze financial statements in both languages

• Private Health Insurance
• Pension Plan
• Paid Time Off
• Work From Home
• Training & Development
• Performance Bonus