Leasing Credit Analyst

Canon U.S.A., Inc.; Mount Laurel Township (NJ); Hybrid; USD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking a Leasing Credit Analyst to join their dynamic team in Mount Laurel, NJ. This role involves making critical credit decisions, analyzing financial statements, and collaborating with various departments to ensure effective risk management. The ideal candidate will possess strong analytical and communication skills, with a solid understanding of automated credit scoring and leasing operations. With a hybrid work schedule, this position offers flexibility while contributing to the company's mission of excellence in financial services. Join a forward-thinking company where your expertise will make a significant impact!

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Savings Plan

Educational Assistance

Vacation

Recognition Programs

Qualifications

• 3-5 years of experience in credit analysis or risk management.
• Strong knowledge of automated credit scoring and financial modeling.

Responsibilities

• Make sound credit decisions and analyze credit scoring metrics.
• Collaborate with sales teams and resolve risk management issues.

Skills

Analytical Skills

Communication Skills

Negotiation Skills

Creative Thinking

Financial Modeling

Lease Accounting

Education

Bachelor's Degree in Finance or Related Field

Tools

Microsoft Office

Job description

Leasing Credit Analyst

Location

US-NJ-Mount Laurel

Company

Canon Financial Services

Requisition ID

32989

Category

Risk Management

Position Type

Full-Time

Workstyle

Hybrid

About the Role

Canon Financial Services in Mount Laurel, NJ is currently seeking a Leasing Credit Analyst (Analyst, Risk). The Leasing Credit Analyst is responsible for making sound credit decisions within required turnaround times, investigating and decisioning credit requests using all available credit resources. Required competencies include strong analytical, communication, negotiation, and creative thinking skills, with a thorough understanding of automated credit scoring and risk rating analytics. Team player regularly collaborating with other Risk Analysts and inside and outside sales representatives. Regularly communicates with originations, documentation, and collections/portfolio management departments to resolve risk management issues within appropriate guidelines. Supports automated credit scoring model maintenance and upgrades, as needed, by facilitating credit scoring enhancements in collaboration with the IT department. This position has credit and lease documentation authority of up to $250,000.00.

This position is full time and offers a hybrid work schedule requiring you to be in the office Tuesday and Wednesday and an option to work from home the remainder of the week (unless a specific business need arises requiring in office attendance on other days). Note that work schedules and office reporting requirements may change from time to time based on business needs.

Your Impact

- Reviews and analyzes credit scoring metrics and risk ratings and quickly identifies material credit strengths and weaknesses to provide timely credit decisions
- Supports credit decisions with scoring model and supplementary data from commercial and personal credit reporting agencies and various web resources including, but not limited to, D&B, Experian, Moody's, S&P, Fitch, A.M. Best, NAIC, and SEC and FDIC filings
- Accurately spreads and analyzes financial statements and incorporates relevant financial metrics into credit reviews
- Reviews and decisions transactions within assigned authority, including recommendations from junior Analysts, and makes recommendations on transactions in excess of assigned authority
- Monitors credit lines and completes credit line renewals in a timely fashion
- Structures and appropriately documents credit approvals consistent with risk management guidelines
- Reviews and approves changes to contract terms and conditions within assigned authority
- Advises sales team on pended applications and facilitates the process of obtaining credit and financial information to decision pended transactions
- Regularly updates system comments to keep all parties informed of the status of all credit applications
- Ensures that dealer and customer concerns are resolved in a timely and appropriate manner without undermining risk management standards
- Develops and maintains effective working relationships with inside and outside sales teams and end user customers
- Negotiates complex credits to obtain favorable lease structures that win business without compromising credit standards
- Serves as mentor to less experienced or junior members of the credit team
- Completes assigned training on or before the due date with required level of proficiency
- Other responsibilities as assigned
- Contributes to attaining team and individual goals, as defined or modified, including
- Individual and Team Application Turnaround Goals
- Team Approval Ratios
- Delinquency and charge off goals
- Proactively following up on pended applications to facilitate timely credit decisions
- Resolving appeals in a timely manner
- Facilitating credit scoring maintenance and updates, as needed, in collaboration with IT department

About You: The Skills & Expertise You Bring

- Bachelor's degree in a relevant field preferably in finance or a related subject or equivalent experience required, plus 3 to 5 years of related experience
- Strong working knowledge of automated credit scoring and financial modeling, including business and consumer scoring model development, adjustments, and maintenance
- Ability to effectively negotiate and close structured approvals for challenging credits
- Clear understanding of equipment lease operations
- Leasing experience, equipment finance and/or broker analysis experience is required
- Ability to communicate effectively to resolve issues in a professional and congenial manner
- Working knowledge of lease accounting systems
- Team player and self-starter with high energy, positive outlook, and professional demeanor
- Career oriented, with a focus on career growth in the equipment finance business
- Ability to handle multiple tasks and accurately complete assignments within expected time frames
- Working knowledge of Microsoft Office, including Word, Excel and PowerPoint
- Strong interpersonal skills, including rapport building, listening, and questioning skills
- Ability to work effectively in a fast-paced environment supporting all territories as needed, including East, Central, and West zones
- Complete special projects as assigned

Company Overview

About our Company - Canon Financial Services, Inc. (CFS) is a wholly-owned subsidiary of Canon U.S.A., Inc. Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.3 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2022* and is one of Fortune Magazine's World's Most Admired Companies in 2022. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA. For media inquiries, please contact [e-mail].

* Based on weekly patent counts issued by United States Patent and Trademark Office.
All referenced product names, and other marks, are trademarks of their respective owners.

Canon Financial Services offers a competitive compensation package including medical, dental, vision, 401(k) Savings Plan, discretionary profit sharing, discretionary success sharing, educational assistance, recognition programs, vacation, and much more.https://www.usa.canon.com/about-us/life-at-canon/benefits-and-compensation

We comply with all applicable federal, state and local laws, regulations, orders and mandates, including those we may be required to follow as a federal government contractor/subcontractor.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

If you are not reviewing this job posting on our Careers' site https://www.usa.canon.com/internet/portal/us/home/about/careers, we cannot guarantee the validity of this posting. For a list of our current postings, please visit us at https://www.usa.canon.com/internet/portal/us/home/about/careers

#CFS

Workstyle Description

Hybrid - This position offers a hybrid work schedule requiring you to be in the office Tuesdays and Wednesdays and an option to work from home the remainder of the week (unless a specific business need arises requiring in-office attendance on other days). Note that work schedules and office reporting requirements may change from time to time based on business needs.

Posting Tags

#PM19 #LI-AV1 #LI-HYBRID

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