Senior Credit Risk Analyst

Vertiv Co; Westerville (OH); On-site; USD 70,000 - 100,000; Full time

Job summary

Vertiv, a leader in critical infrastructure solutions, is seeking a Sr. Credit Risk Analyst at its Westerville, Ohio headquarters. The role involves managing credit reviews and decisions, supporting cross-functional teams, and implementing efficient credit operations to mitigate financial risk. This position calls for a motivated finance professional with strong analytical skills and effective communication to drive results in a dynamic environment.

Qualifications

• 4+ years of experience in business-to-business Credit and Accounts Receivable.
• Experience in obtaining and interpreting credit applications.
• Possession of a valid Notary Public commission in Ohio preferred.

Responsibilities

• Accountable for quick credit decisions and managing credit holds.
• Assists Credit Operations Manager in updating process documents.
• Conducts periodic credit reviews on existing customers.

Skills

Interpersonal skills

Organization

Data summarization

Education

BA or BS in Business Administration/Finance/Accounting

Tools

Microsoft Office Suite

ERP Systems

Job description

POSITION SUMMARY

Vertiv, a global leader incritical infrastructure solutions, seeks a Sr. Credit Risk Analyst at its Headquarters in Westerville, Ohio to join our Americas Finance team.

This role will support the Credit department of the Commercial Finance team in processing requests for credit review of new and existing customers, with support from the Credit Coordinator to maintain an end-to-end process from receipt of request to communication of decisions.

Additionally, the Senior Credit Risk Analyst has credit approval authority up to a $1,000,000.00 and will make credit decision recommendations to more senior approvers as appropriate.

The role provides further support to the team in assisting with departmental and management reporting, monitoring orders on hold for timely review/release, and proactively managing audit-related tasks.

PRIMARY RESPONSIBILITIES

• Accountable for rendering quick and prudent credit decisions within policy, within authorized limits and according to any established SLA’s.
• Works with Sales and with Customers directly to obtain credit or financial information to support any given revenue opportunity.
• Regularly review the credit hold queues with assistance from the Credit Coordinator, to support and drive order review/release on a timely basis.
• Owns and manages SOX related reporting specific to Vertiv’s controls around customer credit limits and executes timely the related activities in preparation for monthly reviews.
• Conducts periodic credit reviews on existing customers to ensure credit lines are properly justified from a business and financial perspective.
• Acts as a facilitator across the Credit and Collections team to drive credit related decision making on at-risk accounts.
• Leads scheduled reporting around credit holds and prioritization of credit-related workload.
• Assist Credit Operations Manager in updating process and workflow documents.
• Design and implement new processes and procedures with support from the Credit Operations Manager to improve credit operations efficiency and establish alternative forms of security to mitigate credit risk.
• Utilize comprehensive knowledge of credit risk mitigation tools and techniques, including but not limited to Letters of Credit, Joint Check agreements, Mechanic’s Liens, Payment Bonds, and other related instruments, to manage and minimize financial risks effectively.
• Release credit holds from customer orders upon successful completion and approval of credit risk reviews, ensuring compliance with company policies and procedures.

QUALIFICATIONS

Requirements:

• BA or BS in Business Administration/Finance/Accounting, or equivalent degree.
• 4+ years of experience in business-to-business Credit and Accounts Receivable.
• Experience in how to obtain and interpret credit apps, trade reports (e.g., DNB), banking & trade references,and customer financial statements.

Preferred Qualifications:

• Strong interpersonal skills to communicate professionally with internal and external customers or business partners.
• Excellent organization and time management skills to project manage various credit tasks to a timely resolution.
• Ability to pull together and summarize large amounts of data or documentation into concise explanations.
• Possession of a valid Notary Public commission in Ohio preferred; willingness to obtain if not currently certified is a plus
• Experience with the Microsoft Office Suite (Outlook, Excel, Word).
• ERP Systems experience, preferably Oracle.
• Experience in a manufacturing environment preferred.
• Demonstrated success in B2B (business-to-business) operations a plus.