Credit Manager

2 days ago


Reading, Pennsylvania, United States Penske Truck Leasing Full time
Job Summary

The Credit Manager will be responsible for overseeing the underwriting of credit transactions for Penske Truck Leasing and Penske Logistics. This includes performing credit due diligence, financial statement analysis, business and industry risk assessment, and preparing and presenting credit write-ups. The successful candidate will be able to make prudent credit decisions, structure transactions effectively, and communicate with internal and external customers to maximize collectible revenue for the company.

Key Responsibilities
  • Interface with the Genpact Credit Team to address concerns and provide training.
  • Process Penske Logistics credit requests as the primary processor.
  • Process Penske Truck Leasing credit requests as the secondary processor.
  • Mentor Senior Credit Analysts to ensure they have the necessary skills and knowledge.
  • Process security deposit refunds in a timely and efficient manner.
  • Review and edit higher-level approval write-ups to ensure accuracy and completeness.
  • Interface with the Sales organization to discuss credit decisions and deal structuring.
Requirements
  • Bachelor's Degree in Accounting or Finance is required.
  • Minimum 5 years of experience in credit and financial statement analysis, preferably in transportation equipment leasing.
  • Intermediate to advanced ability to understand and analyze financial statements.
  • Strong written and verbal communication skills.
  • Ability to interface with all levels of management both internally and externally.
  • Advanced MS Word skills.
  • Advanced ability to understand and familiarity with D&B and other credit reports.
  • Advanced deal structuring ability to make the best possible underwriting decision.
  • Advanced Excel skills.
  • Regular, predictable, full attendance is an essential function of the job.
  • Willingness to travel as necessary, work the required schedule, and complete Penske employment application.
Physical Requirements
  • The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • The associate will be required to read, communicate verbally and/or in written form, remember and analyze certain information, and remember and understand certain instructions or guidelines.
  • While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.
  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

Penske is an Equal Opportunity Employer.


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