Senior Credit Analyst

McKesson; Columbus (OH); On-site; USD 85,000 - 141,000; Full time

Job summary

McKesson is seeking a Senior Underwriting Analyst to own end-to-end credit underwriting for a complex portfolio, delivering defensible risk assessments and executive-ready recommendations.

You will lead advanced financial and risk analysis, monitor portfolio performance, collaborate cross-functionally with Sales, Finance, AR, and customers, and drive process improvements to enhance underwriting quality and efficiency.

Qualifications

• Bachelor's degree in Finance or Accounting or equivalent.
• Strong credit risk analysis and financial statement analysis skills.
• Experience in underwriting and portfolio management within financial services.

Responsibilities

• Own end-to-end underwriting for a complex, high-value portfolio.
• Develop clear, defensible underwriting recommendations with data-driven rationale.
• Monitor portfolio performance and escalate risks as needed.
• Collaborate cross-functionally with Sales, Finance, AR, and customers to structure credit solutions.

Skills

Credit risk analysis

Financial statement analysis

Portfolio management

Executive communication

Analytical thinking

Education

Bachelor's degree in Finance/Accounting

Tools

Excel

Financial modeling

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.

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!

The right candidate to join our FSS team can demonstrate the following competencies: embrace digital transformation, diverse and inclusive collaboration, strategic and analytical thinking, adaptability and growth mindset, and clear and impactful communication.

The Senior Underwriting Analyst is responsible for independently managing a portfolio of complex customer relationships and delivering comprehensive, well-supported credit risk assessments. This role requires advanced financial analysis, a deep understanding of complex organizational structures, and the ability to evaluate risk across diverse healthcare segments.

As a senior-level (P4) individual contributor, the role operates with a high degree of autonomy and is accountable for end-to-end credit decisioning. The Senior Credit Analyst is expected to move beyond process execution to develop complete, defensible recommendations supported by data and analysis. This role serves as a subject matter expert and plays a key part in driving underwriting quality, consistency, and process efficiency across the team.

Role Summary

Own end-to-end underwriting for a complex portfolio, independently evaluating credit risk, structuring limits and terms, and delivering well-supported decisions aligned to risk appetite and enterprise objectives Lead advanced financial and risk analysis, applying deep subject matter expertise to assess complex organizational structures, identify key risk drivers, and anticipate emerging trends across diverse customer segments Develop and influence credit decisions through executive‑ready recommendations, translating complex analysis into clear, actionable insights while partnering cross‑functionally to balance growth and risk Drive portfolio performance and underwriting excellence, proactively monitoring risk, resolving complex or high‑impact scenarios, and leading enhancements to underwriting processes, consistency, and efficiency

Portfolio Ownership & Decisioning

• Independently manage a portfolio of complex, high-value customer relationships, including multi‑entity and non‑standard structures
• Own end-to-end underwriting decisions, including credit limits, terms, and structuring, within established risk appetite
• Exercise sound judgment in ambiguous situations, ensuring decisions are well‑supported and aligned to enterprise objectives

Advanced Financial & Risk Analysis

• Perform comprehensive financial and credit analysis, including liquidity, leverage, cash flow, and operating performance
• Evaluate complex ownership structures (e.g., PE‑backed, parent/subsidiary) and assess risk across diverse healthcare segments
• Anticipate emerging risks by integrating financial performance, industry dynamics, and market trends into analysis

Risk Assessment, Monitoring & Mitigation

• Proactively monitor portfolio performance, identify risk trends, and implement appropriate mitigation strategies
• Lead resolution of complex or high‑risk credit scenarios, including escalations and non‑standard requests
• Ensure underwriting decisions are consistent with policy, regulatory expectations, and risk management standards

Recommendation Development & Executive Influence

• Develop clear, defensible underwriting recommendations supported by data, analysis, and business rationale
• Translate complex financial analysis into concise, executive‑ready insights to support decision‑making
• Influence outcomes through effective communication with senior leadership and cross‑functional stakeholders

Cross‑Functional Collaboration & Business Partnership

• Partner with Sales, Finance, AR, and external customers to gather insights and structure pragmatic credit solutions
• Balance risk and growth objectives by influencing deal structure, terms, and risk mitigation strategies
• Serve as a trusted advisor to stakeholders on credit risk and underwriting strategy

Subject Matter Expertise & Team Contribution

• Act as a subject matter expert in underwriting practices, credit policy, and assigned industry segments
• Provide guidance and informal mentorship to less experienced analysts; elevate overall team capability and consistency
• Identify and communicate portfolio‑level risks, trends, and opportunities to leadership

Process Improvement & Strategic Impact

• Lead or significantly contribute to improvements in underwriting processes, tools, and decision frameworks
• Identify opportunities to enhance efficiency, automation, and standardization across workflows
• Support the evolution of credit policy, risk frameworks, and best practices through applied expertise

Critical Skills

• Embrace Digital Transformation: Demonstrate a strong digital mindset by actively seeking and implementing technological solutions to enhance business processes and drive innovation within the team.
• Diverse and Inclusive Collaboration: Foster a collaborative environment that values diversity and inclusion. Build and sustain positive relationships with stakeholders from varied backgrounds to drive professional growth and organizational success.
• Strategic and Analytical Thinking: Exhibit strong business acumen by staying informed about industry trends and aligning projects with broader organizational goals. Use data‑driven insights to make informed decisions and influence positive change.
• Adaptability and Growth Mindset: Show adaptability in the face of change and a willingness to take on challenges. Continuously seek learning opportunities and demonstrate resilience to maintain high performance and support team dynamics.
• Clear and Impactful Communication: Communicate complex information clearly and persuasively across all levels of the organization. Utilize storytelling to effectively convey ideas and drive key initiatives forward.

Working Conditions

Environment (Office)

• Traditional office environment

Physical Requirements

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

Our Base Pay Range for this position

$84,700 - $141,100

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.