Commercial Credit Risk Specialist

6 days ago


Somerville, Massachusetts, United States Triumvirate Environmental Full time

At Triumvirate Environmental, we are seeking a skilled Commercial Credit Risk Specialist to join our Finance team.

Job Overview

We are a leading environmental services firm in North America, and this role is a key part of our continued growth and success. As a Commercial Credit Risk Specialist, you will play a critical role in evaluating the financial health and creditworthiness of our clients, providing expert analysis to inform business decisions.

About the Role

This is a hybrid position based in Somerville, MA, and reports directly to the Vice President of Finance. You will work closely with our sales, finance, and customer service teams to ensure that credit assessments align with business goals and that any credit issues are handled promptly and effectively.

Responsibilities
  • Evaluate the creditworthiness of new and existing clients using a variety of tools, including credit reports, financial statements, and relevant data to assess risk and determine appropriate credit limits.
  • Continuously monitor client accounts for changes in financial health or credit risk, tracking payment history, reviewing account status, and ensuring that credit terms are adhered to.
  • Prepare and present regular reports on credit risk, outstanding balances, and payment trends to senior management, providing actionable insights and recommendations for credit management strategies.
  • Identify and flag potentially risky clients or accounts, and work proactively to mitigate the risk through improved credit terms, collections efforts, or adjustments to credit limits as necessary.
  • Serve as a point of contact for clients on credit-related issues.
  • Maintain detailed and accurate records of client credit history, decisions, and communications, using data to monitor trends and make informed decisions on credit policies and practices.
Requirements
  • Associate or Bachelor's degree in Finance, Account, Business Administration, or a related field.
  • At least 2-4 years of experience in a credit-related role, such as credit analysis, collections, or financial services.
  • Strong understanding of credit analysis techniques and financial statement analysis.
  • Proficiency with credit assessment software and Microsoft Excel.
  • Excellent communication skills, both written and verbal, with the ability to clearly convey complex information to clients and stakeholders.
  • Strong attention to detail and ability to identify trends or irregularities in client accounts.
  • Good problem-solving skills and the ability to handle challenging situations with clients and internal stakeholders professionally.
  • Analytical mindset with the ability to make sound judgments based on data.
  • Ability to work independently and as part of a team.
  • Strong organizational and time management skills with the ability to prioritize tasks effectively.
Compensation and Benefits

The estimated salary for this position is $85,000-$110,000 per year, depending on experience. In addition to a competitive salary, we offer a comprehensive benefits package, including health, dental, and vision insurance, 401(k) matching, tuition reimbursement, and more.



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