Rental Credit Analyst: Drive Growth & Mitigate Risk

Ryder System, Inc.; Trenton (NJ); Remote; USD 55,000 - 65,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan

Paid time off

Job summary

Ryder System, Inc. is seeking a Rental Credit Specialist to analyze creditworthiness for Rental, National Rental and FMG customers.

You will provide recommendations to support sales while mitigating risk and handling multiple product lines. The role requires 2+ years in commercial credit and experience with financial statement analysis, with a focus on producing credit lines and action plans to minimize exposure.

Qualifications

• Bachelor's degree in business, finance or accounting or 3 years equivalent business work experience.
• Two (2) years or more experience in commercial credit.
• Two (2) years or more experience in financial statement analysis preferred.

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

Financial analysis

Credit risk assessment

Financial statement analysis

Multi-tasking

Communication skills

Team collaboration

Education

Bachelor's degree or 3 years experience

Tools

Cortera

Equifax

Job description

Ryder System, Inc. is seeking a Rental Credit Specialist to analyze creditworthiness for Rental, National Rental and FMG customers.

You will provide recommendations to support sales while mitigating risk and handling multiple product lines. The role requires 2+ years in commercial credit and experience with financial statement analysis, with a focus on producing credit lines and action plans to minimize exposure.