Credit Risk Analyst — Commercial Credit & Growth

Ryder System, Inc.; Des Moines (IA); Remote; USD 55,000 - 65,000; Full time

Benefits offered by this job

Health benefits

401(k) retirement plan

Paid time off

Job summary

Ryder System, Inc. is seeking a Rental Credit Specialist in Des Moines, IA to analyse creditworthiness for Rental, National Rental and FMG customers and provide value-added recommendations to support sales while mitigating risk.

The role requires 2+ years in commercial credit and financial statement analysis, with a Bachelor's in business/finance or 3 years equivalent experience. Proficiency in Excel and credit scoring software is expected. Travel is 1-10%.

Qualifications

• Bachelor's degree in business, finance or accounting or 3 years equivalent business work experience.
• Two years or more experience in commercial credit.
• Two years or more experience in financial statement analysis preferred.
• Ability to analyze and interpret financial data. Ability to complete spreads, analyzing trends and assessing credit risks.
• Capable of multi-tasking, highly organized, with excellent time management skills.
• Strong verbal and written communication skills. Communicate effectively with customers & Sales.

Responsibilities

• Works with Rental, National Rental, and FMG sales group on credit requests on new customers and increased credit lines for existing customers.
• Assist Lease analyst in initial review of lease assignments handling preliminary credit review for assignee/assignor and obtaining Ryder documentation.
• Reviews credit reports, Ryder and company history, and financial statements.
• Performs review on customer to determine any deterioration of their credit worthiness and re-evaluate the desired exposure, determining the proper credit line as well as an action plan to reduce our rentals if needed.
• Communicates to stop loss, collections, sales and operations on problem or high risk accounts by e-mail or conference calls to advise of potential loss.
• Verify all critical documentation & security is received from customer (ACH amendment, cash deposits, ILOC's, guarantees, etc.).
• Assist daily with Credit Hold Mailbox reviewing emails to make sure proper information is given.

Skills

Credit analysis

Financial statement analysis

Communication skills

Multi-tasking

Time management

Relationship management

Independent work

Education

Bachelor's degree in business, finance or accounting

3 years equivalent business work experience

Tools

Excel

Credit scoring software (Cortera, Equifax)

Job description

Ryder System, Inc. is seeking a Rental Credit Specialist in Des Moines, IA to analyse creditworthiness for Rental, National Rental and FMG customers and provide value-added recommendations to support sales while mitigating risk.

The role requires 2+ years in commercial credit and financial statement analysis, with a Bachelor's in business/finance or 3 years equivalent experience. Proficiency in Excel and credit scoring software is expected. Travel is 1-10%.