Business Finance Specialist
7 days ago
Location: Northern suburbs, Estimated Salary: $80,000 - $110,000 per annum
About Network Recruitment:At Network Recruitment, we strive to connect exceptional professionals with innovative companies that drive growth and success.
Job Description:Company Overview:We are seeking a seasoned Credit Analyst to join our finance team. As a key member of our organization, you will be responsible for evaluating the creditworthiness of potential and existing clients, making recommendations based on comprehensive financial assessments, and mitigating risk exposure to the company.
Duties & Responsibilities:- Credit Risk Assessment:
- Conduct thorough credit assessments of new and existing clients, analyzing financial statements, credit reports, and relevant data to determine creditworthiness.
- Develop risk profiles, set appropriate credit limits, and make recommendations based on findings.
- Maintain up-to-date knowledge of industry trends, economic conditions, and regulatory requirements affecting credit decisions.
- Financial Analysis:
- Perform detailed financial analysis and cash flow modeling to assess the credit risk of clients.
- Identify potential risks and propose strategies to mitigate them, ensuring all lending activities align with company risk tolerance.
- Monitoring & Reporting:
- Monitor existing credit portfolios for changes in financial health, creditworthiness, and market conditions.
- Prepare regular reports on portfolio performance, highlighting areas of concern and recommending proactive measures to minimize risk exposure.
- Collaboration & Relationship Management:
- Work closely with sales, finance, and legal teams to provide recommendations and align strategies for managing client accounts.
- Maintain strong relationships with clients, addressing credit-related concerns and providing support where needed.
- Compliance & Process Improvement:
- Ensure compliance with internal credit policies, industry regulations, and best practices in credit risk management.
- Identify and implement process improvements to enhance credit evaluation efficiency and accuracy.
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