What are the responsibilities and job description for the CREDIT ANALYST position at Loves Travel Stops & Country Store?
Req ID : 440236
BASIC PURPOSE : Provides credit and financial support for Loves businesses.
MAJOR RESPONSIBILITIES :
- Conducts credit reviews of prospective customers financial statements, credit reports and other data to determine risk in extending credit with counterparty. Approves applicants / terms or makes recommendations within delegated authorities.
- Works credit limit increase and term change requests from internal and external sources.
- Monitors daily counterparty exposure to ensure trading activity is within established limits and relevant credit policy.
- Negotiates and administers credit provisions of contracts and various other security related documents (e.g., guarantees, letters of credit).
- Works with various departments (Marketing / Sales, Collections, Billing, Cash Application, Treasury, Accounting, etc.) in Customer System Set-up, resolving customer issues, managing customer risk / exposures and ensuring compliance with credit policy.
- Helps company maximize profits through effective risk analysis and exposure management which facilitates sales yet minimizes bad debt losses and optimizes A / R turnover.
- Assists the Credit Manager with monthly reports and other projects as assigned.
JOB LOCATION :
EDUCATION AND EXPERIENCE :
Bachelors Degree or equivalent experience preferred.
Previous customer service experience helpful.
SKILLS AND PHYSICAL DEMANDS :
Financial Risk Analysis.
Requires prolonged sitting, some bending and stooping.
Job Function(s) : Corporate
Loves has been fueling customers journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The companys core business is travel stops and convenience stores with more than 630 locations in 42 states. Loves continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Loves serves and maintaining an inclusive and diverse workplace are hallmarks of the companys award-winning culture.
The Loves Family of Companies includes :
