Demo

Credit Risk Management Specialist

LaundryLux
West Nyack, NY Full Time
POSTED ON 4/13/2025
AVAILABLE BEFORE 5/12/2025

About LaundryLux

We are a leading provider of equipment financing solutions, committed to delivering exceptional results for our customers. Our team of experts is dedicated to helping businesses succeed by providing tailored financing options that meet their unique needs.

Job Overview:

The Junior Credit Analyst will work closely with our team to assess the creditworthiness of potential borrowers and evaluate the risks associated with lending activities. This involves analyzing financial statements, credit reports, and other relevant data to determine the likelihood of repayment.

Key Responsibilities:

  • Analyze financial data to support lending decisions.
  • Assist in reviewing and interpreting financial information.
  • Collaborate with team members to communicate findings to senior credit analysts or management.
  • Identify process improvement opportunities and make recommendations to management.
  • Reconcile customer statements/billings.
  • Perfect collateral according to approved credit decisions.
  • Review loan packages for accuracy and completeness.
  • Assist in preparing loan modification, renewal, and extension documents.
  • Collect and analyze financial data to support lending decisions.
  • Prepare ad hoc documents as needed.
  • Enter applications into proprietary software.
  • Review insurance certificates to ensure sufficient coverage of collateral.
  • Perform other duties/projects as assigned.
  • Required Skills:

    • Strong understanding of loan documentation principles.
    • Excellent time management and prioritization skills.
    • Familiarity with leasing software.
    • Proficient in Microsoft Word and Excel.
    • Highly analytical with strong critical thinking abilities.
    • Attention to detail and accuracy.
    • Excellent communication and interpersonal skills.
    • Confident in making and handling phone calls.
    • Able to learn quickly and adapt to new situations.

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