Credit Risk Analysis

Isco-Industrie; Louisville (KY); On-site; USD 60,000 - 90,000; Full time

Job summary

Isco-Industrie is seeking a Credit Risk Analyst in Louisville, KY to evaluate customer credit risk and support sales growth while aligning with policy and insurance requirements.

You will research risk factors, establish credit limits, maintain documentation, and collaborate with internal teams to resolve credit issues and facilitate timely order releases.

Qualifications

• 2-year college degree or equivalent work experience.
• Strong communication skills both verbal and written.
• Ability to handle sensitive customer interactions professionally.
• Working knowledge of basic accounting principles.
• Remain focused in a fast-paced environment.
• Possess problem-solving and analytical abilities.
• Manage time effectively and adapt to changing priorities.
• Experience with financial software systems such as IFS, Nuvo and Billtrust is a plus.

Responsibilities

• Evaluate creditworthiness and establish appropriate credit limits based on project size, payment history, financial stability and overall risk factors.
• Coordinate with the credit insurer regarding coverage, limit requests, increases, reductions and cancellations.
• Review and maintain customer credit limits in accordance with insurer approvals and company policies.
• Maintain accurate documentation of credit reviews, decisions, and account updates.
• Verify project information to support lien and bond rights.
• Monitor and manage the credit hold queue and coordinate resolutions to facilitate order releases.
• Collaborate with internal teams and customers to address credit concerns and obtain updates.
• Make timely, informed decisions regarding credit approvals, credit extensions and order releases.
• Identify uninsured or underinsured exposure and communicate risks to AR Manager.
• Coordinate customer setup and vendor registration forms.
• Perform additional duties as assigned by AR Manager.

Skills

Communication

Analytical skills

Problem solving

Time management

Attention to detail

MS Office

Teamwork

Organizational skills

Adaptability

Education

Associate degree or equivalent

Tools

IFS

Nuvo

Billtrust

Job description

Position Summary

The Credit Risk Analyst will be responsible for evaluating, monitoring and managing customer credit risk to minimize financial exposure while supporting sales growth and timely order fulfillment. This role balances risk management with business objectives through established credit policies and credit insurance requirements while fostering positive customer relationships.

Responsibilities

• Conduct thorough credit research on applicants through reading and interpreting risk factors from mercantile reports, verify submitted information to identify and minimize potential risks.
• Evaluate creditworthiness and establish appropriate credit limits based on project size, payment history, financial stability and overall risk factors.
• Coordinate with the credit insurance provider regarding customer coverage, limit requests, increases, reductions and cancellations.
• Review and maintain customer credit limits in accordance with credit insurer approvals and established company credit policies.
• Maintain accurate documentation of credit reviews, decisions, account updates, job information and other supporting information
• Verify project information provided by contractors to support the preservation of lien and bond rights
• Monitor and manage the credit hold queue by reviewing account status, identifying outstanding issues and coordinating resolutions to facilitate timely order releases.
• Collaborate with internal team and customers to address credit concerns, obtain account updates and resolve outstanding issues.
• Make timely, informed decisions regarding credit approvals, credit limit adjustments, credit extensions and order releases from credit hold.
• Identify uninsured or underinsured credit exposure and communicate potential risks to the AR Manager
• Coordinate customer setup and vendor registration requirements, including the completion of customer specific forms
• Various duties, as assigned by AR Manager

Minimum Qualifications

• 2-year college degree; or equivalent work experience required
• Strong communication skills both verbal and written
• Ability to handle sensitive customer interactions with professionalism
• Working knowledge of basic accounting principles
• Remain focused and on task in a fast-paced environment
• Possess problem-solving and analytical abilities
• Manage time effectively and adapt quickly to changing priorities
• Experience with financial software systems such as IFS, Nuvo and Billtrust a plus

Travel Required

No.

Qualifications / Skills Preferred

• Troubleshooting Advanced
• Teamwork Advanced
• Organizational Skills Intermediate
• MS Office Software Intermediate
• Effective Communication Advanced

Behaviors Preferred

• Innovative: Consistently introduces new ideas and demonstrates original thinking
• Team Player: Works well as a member of a group
• Enthusiastic: Shows intense and eager enjoyment and interest
• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
• Adaptable: Adjusts to changes such as new procedures or technology with ease and enthusiasm

Motivations Preferred

• Work-Life Balance: Inspired to perform well by having ample time to pursue work and interests outside of work
• Self-Starter: Inspired to perform without outside help
• Goal Completion: Inspired to perform well by the completion of task
• Financial: Inspired to perform well by monetary reimbursement

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.