Senior Credit Risk Manager
3 weeks ago
At Addison Group, we are seeking a highly skilled Senior Credit Risk Manager to join our team.
This role focuses on managing daily cash applications, handling customer inquiries, and collecting overdue accounts receivable.
The ideal candidate will have excellent analytical skills, strong communication abilities, and the ability to work effectively in a fast-paced environment.
Key Responsibilities:
- Analyze various accounts receivable reports, including aging, unapplied cash, short payments, and status of open credit requests.
- Assess blocked orders and determine the best course of action: release, recommend a credit hold, or negotiate repayment plans to minimize risk.
- Manage credit risk by identifying when further credit analysis is needed, collaborating with management to provide relevant background information, and ensuring account exposure remains within assigned credit limits while escalating issues as necessary.
- Perform daily account reconciliations, coordinating with sales to resolve pricing, system processes, freight issues, offsets, and write-off requests.
- Facilitate conference calls with sales, customers, and other relevant parties to analyze data and address service issues.
- Work with sales to prepare updates for monthly account reviews with leadership, escalating issues for additional support when needed.
- Assist in identifying and addressing process gaps within the Accounts Receivable team.
- Conduct daily collection calls with customers and sales representatives, overseeing repayment plans for overdue accounts.
Addison Group is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.
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