Atterro has an exciting opportunity for a Credit Risk Associate at Samsung in Ridgefield Park, NJ!


Credit Risk Associate


Essential Duties & Responsibilities:  
• Manage the commercial credit risk for an assigned portfolio of accounts applying Samsung’s credit practices and procedures (portfolio will typically contain lower risk accounts with modest credit limits)
• Perform detailed reviews and risk analysis on an ascribed portion of Samsung’s portfolio of accounts in order to assess commercial credit risk as well as assign, maintain, or adjust credit limits.
• Plans and schedules credit review and risk analysis for assigned portfolio of accounts
• Uses credit risk analysis skills and business acumen along with available risk assessment tools and third party data to analyze new account requests for open lines of credit as assigned; interfaces with team leads for guidance when encountering unique credit situations during this process
• Obtain all necessary information to properly risk assess including assigning a risk category from our Financial Health Indicator, perform robust financial review and submission through appropriate channels for activation of credit line and assignment of account number in SAP
• Reviews and analyzes assembled reports, scorecard data, financial statements and supplementary information such as bank and trade references as well as payment history data to arrive at sound financial decisions intended to support sales while protecting Samsung’s assets
• Recommends individual credit lines or, for unqualified accounts, works with team leads to assess the viability of other hedging options, or courses of action and again with guidance from team leads facilitates the implementation of credit line or other approved solution for challenging risks
• Personally handles non routine credit inquires and correspondence as it relates to their portfolio involving team leads for guidance to potential challenges based on those inquiries
• Defers team leads for advice on particularly complex problems and cases requiring interpretation of policy decision
• Monitors monthly lines of credit for customers in assigned portfolio of accounts to ensure that balances are within approved limits


Desired Skills:
• Bachelor’s Degree preferred along with 2-5 years of experience in Commercial Credit
• Strong Financial Analysis and risk assessment skills
• Understanding of insurance and various other hedging options
• Solid communication and negotiation skills
• Considers a wide range of alternatives prior to making a decision
• Takes initiative as problems & opportunities arise; seizing opportunities early
• Effectively recognizes emergencies & crisis’s and brings them to attention of team leads
• Actively develops a climate of teamwork & cooperation when working with peers
• Ability to communicate with people at different organizational levels
• Follows up on tasks & assignments to ensure successful completion on assigned dates