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Title

Credit Portfolio Analyst - AP 

Description

Advance Partners is an entrepreneurial and rapidly growing specialty finance and business services company. Advance provides payroll funding, working capital, back office support and a variety of strategic services to independent staffing firms. Founded in 1998, and based in Cleveland, Ohio, we provide roughly $2 billion in annual financing to over 350 entrepreneurial staffing firms of all sizes. Our mission is to help staffing firms grow. In 2015, Advance Partners was acquired by Paychex, Inc. (NASDAQ: PAYX) a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. Advance Partners is now a wholly owned subsidiary of Paychex, Inc. For more information about Advance Partners visit http://www.advancepartners.com

Please note: The person who fills this role may work from home or work from the local office in Highland Hills Ohio.

The shift is Monday - Friday approx. 8:30 am - 5:00 pm ET. If a person is hired in a different time zone they will need to adjust their schedule to meet the ET times.

 The Credit Portfolio Analyst will be primarily responsible for reviewing new credit approvals and setting credit limits for end debtors in order to maintain optimal revenue while mitigating losses.

  • Enters and reviews new customer setup requests for credit approval based on available research information through Dunn & Bradstreet, Edgar/SEC filings, Bloomberg, Lexis Nexis, Equifax, Experian, etx. to ensure approval of qualified debtors and appropriate limits are set.
  • Approval of credit limit decisions up to a determined amount.
  • Acts as a point of contact for Senior Credit Analysts and Senior Management for end debtor credit limits and reviews.
  • Manages data analysis needs including mass reviews/updates of end debtor credit limits and responds to ad hoc analysis requests from Senior Management.
  • Assists in preparing annual client reviews (re-CAM) for existing relationships to analyze creditworthiness, identify key credit issues, and prepare full written analysis.
  • Ensures proper recording of responsible end debtors in database.
  • Implements and maintains super user status for portfolio management risk-based software
  • Identifies and implements process improvements, manages special projects as assigned by senior management.
  • Participates in weekly Credit and Debtor meetings to coordinate and discuss escalating credit issues.
  • Maintains all duties to support company policies, procedures, and enhance teamwork.
 
Position Requirements
  • Bachelor's Degree in Business, Finance, or Accounting related - Preferred
  • 3 years of experience in Banking/Finance/Accounting environment with emphasis on commercial credit.
  • Ability to analyze and interpret financial data.

Compensation range for this role for U.S. Colorado Residents:

Range minimum: $51,500/annually + bonus

Range maximum: $ 65,000/anually + bonus

Benefits offered to employees include: Medical, Dental, Vision, Paid Family Leave, Life Insurance, 401(k) Retirement, Employee Stock Purchase Plan, Holidays, Vacation and Sick days. You will also have access to Tuition Reimbursement and our award winning and best in class Employee Well-being and Training programs.

 
Category Corporate Finance/Accounting  
Location(s) Remote-No Office Location, OH, Highland Hills, Highland Hills Office  
Full-Time/Part-Time Full-Time  
Req Number COR-22-00023  
Open Date 1/14/2022  
Hiring Manager(s) Scott Carpenter  

This position is currently not accepting applications.

To search for an open position, please go to http://AdvancePartners.appone.com



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