Sr Manager, Credit Risk

KeHE Distributors, LLC; Naperville (IL); On-site; USD 97,000 - 143,000; Full time

Benefits offered by this job

Health/Rx

Dental

Vision

FSA/HSA

Life insurance

401(k)

Paid time off

Paid sick time

STD/LTD

ESOP

Holiday pay

Job summary

KeHE Distributors, LLC in Naperville, IL is seeking a Credit Risk Senior Manager to lead the credit risk portfolio across 5,000+ accounts and to implement risk-based strategies that balance growth with financial safety.

You will partner with Commercial/Sales and Finance, driving automation and robust scorecards while maintaining policy compliance and strong leadership of the credit team.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Minimum of 6 years in credit risk management, commercial credit, or financial risk.
• Minimum of 2 years in a supervisory or management role overseeing credit analysts or collections teams.
• Experience in B2B credit risk with a large, diverse customer base across multiple risk profiles.
• Experience in food distribution, CPG, or wholesale industries preferred.
• Experience with trade credit insurance programs, insurability assessments, and ERP/credit management platforms with automated suspension/hold capabilities preferred.

Responsibilities

• Oversee the company's credit risk portfolio across 5,000+ active customer accounts.
• Apply credit policies, manage day-to-day credit limit decisions, and risk-based pricing frameworks.
• Monitor portfolio health with risk scorecards/dashboards and report findings to leadership.
• Prepare monthly/quarterly portfolio performance reports and lead credit committee preparation.
• Collaborate with Commercial/Sales, Operations and Collections to balance revenue growth with risk.
• Drive automation of credit decisioning workflows and platform configurations.
• Foster a data-driven culture and ensure compliance with internal controls.
• Lead and develop a team of credit analysts.

Skills

Partnership with Sales

Data analysis

Financial modeling

Credit scoring

Stress testing

Scenario analysis

Communication skills

MS Office

Presentation skills

Team leadership

Financial statement analysis

Negotiation skills

Working capital

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

ERP systems

Automated credit holds

Job description

Why Work for KeHE?

• Full-time
• Pay Range: $97,350.00/Yr. - $142,659.00/Yr.
• Shift Days: , Shift Time:
• Benefits on Day 1
  • Health/Rx
  • Dental
  • Vision
  • Flexible and health spending accounts (FSA/HSA)
  • Supplemental life insurance
  • 401(k)
  • Paid time off
  • Paid sick time
  • Short term & long term disability coverage (STD/LTD)
  • Employee stock ownership (ESOP)
  • Holiday pay for company designated holidays

Overview

At KeHE, we’re obsessed with creating solutions, unboxing potential, and serving others – and it all starts with you. As an employee-owned distributor of natural and organic, specialty, and fresh products, we’re committed to making a positive impact and scaling our success together. With a culture that fosters development and opportunity, you’ll be embarking on a career that’s moving forward. When you join KeHE, you’re becoming part of a team that is a force for good.

Primary Responsibilities

The Credit Risk Senior Manager manages the company's credit risk portfolio. This role executes credit policies, manages day-to-day credit limit decisions, applies risk-based pricing frameworks, and monitors portfolio diversification controls to balance revenue growth with acceptable financial exposure in addition to partnering with commercial and finance teams to ensure credit operations align with business objectives and ensures escalating strategic matters to leadership. As with all positions at KeHE Distributors, we expect that all actions will be consistent with KeHE’s Mission, Vision, and Values.

Essential Functions

DUTIES, TASKS AND RESPONSIBILITIES:

• Manage the company's credit risk portfolio across 5,000+ active customer accounts, maintaining credit limits, processing approvals, and ensuring consistent application of decisioning standards.
• Monitor portfolio health and concentration risk through early warning indicators, financial statement reviews, and credit risk scorecards/dashboards (PD, EL, LGD, EAD), reporting findings and mitigation strategies to leadership.
• Prepare monthly/quarterly portfolio performance reports and lead credit committee preparation, including analyses, materials development, and documentation of outcomes.
• Partner with Commercial/Sales, Operations, and Collections teams to support revenue growth while managing credit exposure — including credit limit guidance, new business onboarding, non‑standard credit arrangements, order holds/releases, and collection prioritization.
• Maintain documentation of credit decisions and exception approvals, support annual policy refreshes, ensure compliance with internal controls and reserve adequacy standards.
• Drive automation of credit decisioning workflows and platform configurations (system‑based scoring, automated holds/releases, notifications), identifying technology solutions to streamline operations and improve data quality.
• Foster a culture of data‑driven decision‑making, accountability, and continuous improvement across the credit function.
• Other duties and projects as assigned.

SKILLS, KNOWLEDGE AND ABILITIES:

• Proven ability to partner with commercial teams to balance growth objectives with risk management.
• Strong proficiency in data analysis, financial modeling, and credit scoring methodologies.
• Demonstrated ability to conduct portfolio stress testing and scenario analysis.
• Strong communication skills both verbally and written with the ability to communicate to all levels in an organization.
• Proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint).
• Strong presentation and analytical skills.
• Ability to manage and lead a team.
• Working knowledge of financial statement analysis (balance sheet, income statement, cash flow) to assess customer creditworthiness.
• Strong negotiation skills, with the ability to structure credit terms, payment plans, and security arrangements in partnership with stakeholders.
• Understanding of how credit decisions impact working capital and cash flow.

Minimum Requirements, Qualifications, Additional Skills, Aptitude

EDUCATION AND EXPERIENCE:

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.
• Minimum of 6 years of progressive experience in credit risk management, commercial credit, or financial risk.
• Minimum of 2 years in a supervisory or management role overseeing credit analysts or collections teams.
• Experience managing credit risk in a B2B environment with a large, diverse customer base across multiple risk profiles.
• Experience in food distribution, CPG, or wholesale industries, including managing credit risk for independent/alternative channel customers (independent grocers, co‑ops, small chains, startups) preferred.
• Experience with trade credit insurance programs, insurability assessments, and ERP/credit management platforms with automated suspension/hold capabilities preferred.

PHYSICAL REQUIREMENTS:

• These physical demands are representative of the physical requirements necessary for an employee to successfully perform the essential functions of the job.

Equal Employer Opportunity Statement

KeHE Distributors provides equal employment opportunities to all employees and applicants for employment and prohibits all forms of discrimination and harassment on the basis of race, color, religion or faith, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training as well as the administration of all Human Resources and Talent Acquisition processes.