Director, Enterprise Credit Underwriting

Mckesson Corporation; The Woodlands (TX); On-site; USD 117,000 - 194,000; Full time

Job summary

McKesson seeks a strategic leader to drive the Credit Underwriting function within the Credit and Collections organization. The role focuses on governing underwriting standards, enabling data-driven decisions, and aligning policy with enterprise risk objectives.

You will partner with senior leaders across Finance, Sales, Legal, and Operations to balance growth with financial risk, while leading cross-functional transformation and championing policy governance.

Qualifications

• Minimum of 12 years of progressive experience in credit, finance, accounting, or related financial risk management, including at least 4 years of management experience.
• Experience leading enterprise or cross-functional transformation.
• Experience establishing credit policy, underwriting standards, risk governance, or portfolio-management practices.
• Demonstrated ability to advise and influence senior executives on material financial and credit-risk decisions.

Responsibilities

• Own the underwriting operating model, governance, service levels, and quality standards.
• Establish enterprise KPIs, risk indicators, capacity models, and executive reporting.
• Sponsor and lead technology, automation, analytics, and workflow transformation.
• Establish and maintain credit underwriting standards, methodologies, risk-rating criteria, documentation requirements, and approval controls.
• Define escalation protocols for significant credit deterioration, policy exceptions, and approval disputes.

Skills

Credit underwriting

Executive communication

Leadership

Cross-functional transformation

Risk governance

Education

Bachelor's degree

MBA

CPA

CFA

Job description

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

FSS Overview

Are you ready to be a pivotal force in Advancing Health Outcomes For All®? Join the Financial Services and Solutions (FSS) organization, where our focus is being a strategic business partner who creates value, provides efficiency, and ensures compliance for McKesson. In FSS, you'll gain exposure to all McKesson businesses while growing as a finance professional and fostering collaborative relationships with internal and external customers. Our high employee engagement scores reflect a vibrant and diverse workplace where your contributions have a tangible impact on the enterprise. If you're passionate about making a real difference and want to be part of a dedicated team that values professional growth, FSS is the place for you. Join us and energize your career with endless opportunities!

This is a strategic leadership position within the Credit and Collections organization responsible for developing, adapting, and executing the enterprise credit underwriting strategy in alignment with Enterprise Credit objectives.

The Director provides governance and leadership across credit assessment, approval, portfolio risk management, technology enablement, and talent development. This position partners with senior leaders across Business Unit Finance, Sales, Legal, Pricing, Collections, and Enterprise Credit to balance customer growth, financial risk, operational efficiency, and policy compliance.

Key Responsibilities

Credit Underwriting Activities

• Own the underwriting operating model, governance, service levels, and quality standards
• Establish enterprise KPIs, risk indicators, capacity models, and executive reporting
• Sponsor and lead technology, automation, analytics, and workflow transformation
• Establish and maintain credit underwriting standards, methodologies, risk-rating criteria, documentation requirements, and approval controls.
• Ensure consistent application of credit policy across business units, customer segments, and credit-review teams.
• Provide leadership and recommendations for complex, strategic, or high-exposure credit decisions.
• Monitor portfolio trends, concentrations, emerging risks, policy exceptions, and underwriting quality.
• Define escalation protocols for significant credit deterioration, policy exceptions, and approval disputes.

Continuous Process Improvement

• Translate market, customer, and industry trends into underwriting strategy
• Own the strategic roadmap for digitizing and modernizing credit underwriting, including workflow automation, credit scoring, data integration, reporting, and decision-support capabilitie.
• Partner with Enterprise Credit leadership to recommend changes to credit policy, risk appetite, and delegated authority.

Minimum Job Qualifications (Knowledge, Skills, & Abilities)

Business Experience

• Minimum of 12 years of progressive experience in credit, finance, accounting, or related financial risk management, including at least 4 years of management experience
• Demonstrated experience leading enterprise or cross-functional transformation.
• Experience establishing credit policy, underwriting standards, risk governance, or portfolio-management practices.
• Demonstrated ability to advise and influence senior executives on material financial and credit-risk decisions.
• Experience managing complex or high-exposure commercial credit portfolios.
• Strong executive communication and presentation skills.

Education

• Bachelor’s degree required; MBA, CPA, CFA, or similar advanced qualification preferred.

Working Conditions

Environment (Office, warehouse, etc.) –

• Traditional office environment
• Travel 10%

Physical Requirements (Lifting, standing, etc.) –

• Large percent of time performing computer-based work is required

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$116,600 - $194,300

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) [e-mail] or (Canada) [e-mail]. Resumes or CVs submitted to this email box will not be accepted.

Join us at McKesson!