Director of Credit
Found in: Resume Library US A2 - 2 weeks ago
The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for the overall direction and management of the Credit Department, which includes development and leadership of all credit specialists, assistants, and cash applications. The Director will develop and implement credit policies and provide guidelines concerning credit extension to Summit’s customers.
Key Responsibilities:
Establish policies and procedures concerning credit functions such as cash and check handling, check posting, credit work workflow process, standardized collection letters, credit application process, and actions taken on aged accounts.
Works closely with Service Center Managers, Regional VPs, CFO, and President to ensure that a balance is reached between the needs of the customer and Summit’s business interests.
Approves credit limits on customer accounts and handles special credit arrangements and collaborates with RVP’s with regard to deviations from standard payment terms .
Negotiate and evaluate third party credit reporting agency relationships, Dunn and Bradstreet, etc.
Take an active role in National Association of Credit Management, administer educational products available.
Develop relationships with credit/collections attorneys and agencies in each Summit location and judicially engages as necessary to collect on delinquent accounts.
Negotiate favorable third-party collection rates as well as develop appropriate policy concerning their utilization.
Monitor credit activity including monthly review of all accounts. Audit delinquent accounts considered to be uncollectible; ensure appropriate efforts have been taken before assigning bad credit status to account.
Creates and presents reports to management on large account activity, summary aging analysis and bad debt reserve analysis.
Prepare and review collection reports and monitor aged Accounts Receivable to evaluate effectiveness of current collection policies and procedures.
Supervise Credit Specialists and Assistants, providing career development and mentoring and building a high-performing team characterized by openness and trust.
Collaborate with members of the Summit team to resolve Customer Disputes.
Maintain DSO levels consistent with High Performing Electrical Distributors based on PAR or agreed upon with CFO.
Maintain Bad Debt write offs to less than .1% of sales.
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Director of Corporate Credit
Found in: Resume Library US A2 - 4 days ago
Albuquerque, New Mexico, United States Summit Electric Supply Full timeJob Description This position will be located in office, either at our Albuquerque or Houston corporate offices The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for...
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Director of Credit
1 week ago
Albuquerque, United States Summit Electric Supply Full timeRole Summary: The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for the overall direction and management of the Credit Department, which includes development and leadership of all...
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Director of Credit
Found in: Appcast Linkedin GBL C2 - 1 week ago
Albuquerque, United States Summit Electric Supply Full timeRole Summary: The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for the overall direction and management of the Credit Department, which includes development and leadership of all...
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Director of Credit
4 days ago
Albuquerque, United States Summit Electric Supply Full time**This position will be located in office, either at our Albuquerque or Houston corporate offices**Role Summary: The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for the overall...
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Director of Credit
Found in: Appcast Linkedin GBL C2 - 4 days ago
Albuquerque, United States Summit Electric Supply Full time**This position will be located in office, either at our Albuquerque or Houston corporate offices**Role Summary: The Director of Credit supports Summit’s sales efforts by extending customers credit in a way that maximizes sales and profit while minimizing the risk of loss to Summit and utilizing Summit’s capital effectively. Responsible for the overall...
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Director Credit Risk
Found in: Resume Library US A2 - 3 weeks ago
New York County, New York, United States First Citizens Bank Full timeOverview: The Director of Credit Policy and Governance is responsible for serving as the subject matter expert on credit governance and establishing and maintaining Credit policy and governance standards across the First Citizens Bank enterprise. This role will report to the Senior Director of Credit Policy and Governance. This position will own the...
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Director, People
Found in: beBee jobs US - 6 days ago
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Director, Counterparty Credit Risk
Found in: beBee jobs US - 3 weeks ago
New York, New York, United States Selby Jennings Full timeI am currently working with a bank that is seeking a Director-level Senior Credit Officer. This individual will be responsible for evaluating the creditworthiness of counterparties and underlying assets, providing detailed analysis, and making recommendations for credit approval. In this role, you'll play a vital part in monitoring portfolio quality,...
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Found in: beBee S US - 7 days ago
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New York, United States Madison Hunt Full timeMadison Hunt is working with a mega fund’s credit strategy looking to hire a Director or Executive Director to focus on midstream and transportation. The team structures and provides financing solutions across the capital stack for renewable energy, power & utilities, midstream, transportation, social, and digital infrastructure projects. The team can...
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Found in: Appcast Linkedin GBL C2 - 3 weeks ago
New York, United States Madison Hunt Full timeMadison Hunt is working with a mega fund’s credit strategy looking to hire a Director or Executive Director to focus on midstream and transportation. The team structures and provides financing solutions across the capital stack for renewable energy, power & utilities, midstream, transportation, social, and digital infrastructure projects. The team can...
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Vice President, Risk Management
Found in: Resume Library US A2 - 2 weeks ago
Albuquerque, New Mexico, United States MJK Connections LLC Full timeOur client Sandia Laboratory Federal Credit Union is growing fast, and has a strong appetite for growth and innovation! We are looking for a great talent to join this amazing organization! VP of Risk Management (Reports Directly to CRO) Role will facilitate continued build-out of COSO ERM Framework, including integration of Strategic, Operations,...
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Found in: Talent US C2 - 2 weeks ago
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Corporate Credit
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New York, United States Tandym group Full timeA New York City asset management firm is looking to add a new Corporate Credit Associate to their growing team. In this role, the Corporate Credit Associate will be responsible for focusing on new and existing investments across the Retail sector, specifically both liquid and illiquid opportunities across the capital structure spanning from performing...
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Global Markets Credit Lending Portfolio Management – Director
Found in: beBee jobs US - 3 weeks ago
New York, New York, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
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Global Markets Credit Portfolio Management – Data Manager, Director
Found in: beBee jobs US - 2 weeks ago
New York, New York, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
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Director, Counterparty Credit Risk
Found in: beBee S US - 3 weeks ago
New York, United States Selby Jennings Full timeI am currently working with a bank that is seeking a Director-level Senior Credit Officer. This individual will be responsible for evaluating the creditworthiness of counterparties and underlying assets, providing detailed analysis, and making recommendations for credit approval. In this role, you'll play a vital part in monitoring portfolio quality,...
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Structured Credit Executive
Found in: beBee S US - 3 weeks ago
New York, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
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New York, United States Employvision Full time3 days in the NYC office and 2 days WFH Location: NY 10020 Fulltime role Summary The Director of Quantitative Market Risk Analytics is responsible for overseeing and involved in developing methodologies and managing analytics for risk models including value-at-risk, stress, and capital models. The Director will be senior individual and manager in the Risk...
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Found in: beBee jobs US - 2 weeks ago
New York, New York, United States Nova Credit Full timeAt Nova Credit, our mission is to power a more fair and inclusive financial system for the world. Nova Credit's diverse global team is stitching together the world's credit data into a single network to unlock financial opportunities for immigrants and other populations historically excluded from the credit system. We've built a platform that enables lenders...
