Credit Analyst
Company: Penske
Location: Reading
Posted on: October 25, 2024
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Job Description:
The role will be responsible for underwriting credit
transactions for Penske Truck Leasing and Penske Logistics,
performing credit due diligence, financial statement analysis,
business & industry risk assessment and preparation/presentation of
requisite credit write-ups. Ability to make prudent credit
decisions, structure transactions adequately, and communicate same
to internal and external customer to maximize collectible revenue
for the company. Significant written and verbal interaction with
internal and external customers on a daily basis. Major
Responsibilities: Underwrite credit transactions up to credit
authority. Deal structuring and negotiations with customers and
Sales. Customer research. Prepare approval documentation for
transactions above credit authority. Review credit related contract
documentation. Other projects as assigned by the supervisor
Qualifications: Bachelor's Degree in Accounting/Finance preferred
but will consider experience in lieu of degree. Up to 5 years of
experience in banking or commercial equipment leasing. Must be able
to understand and analyze financial statements, business credit
information and market news to understand a customer's credit
worthiness. Ability to synthesize financial information with credit
bureau information required. Must be able to utilize deal
structuring tools to make the best possible underwriting decision
required. Ability to go beyond raw numbers and ratios to fully
understand a customer's financial and operating condition required.
Must be able to coordinate multiple deals in different stages
simultaneously. Must have strong organizational & Communication
skills. Excellent MS Office suite skills required. Regular,
predictable, full attendance is an essential function of the job
Willingness to travel as necessary, work the required schedule,
work at the specific location required, complete Penske employment
application, submit to a background investigation (to include past
employment, education, and criminal history) and drug screening are
required. Physical Requirements: -The physical and mental demands
described here are representative of those that must be met by an
associate to successfully perform the essential functions of this
job. Reasonable accommodations may be made to enable individuals
with disabilities to perform the essential functions. -The
associate will be required to: read; communicate verbally and/or in
written form; remember and analyze certain information; and
remember and understand certain instructions or guidelines. -While
performing the duties of this job, the associate may be required to
stand, walk, and sit. The associate is frequently required to use
hands to touch, handle, and feel, and to reach with hands and arms.
The associate must be able to occasionally lift and/or move up to
25lbs/12kg. -Specific vision abilities required by this job include
close vision, distance vision, peripheral vision, depth perception
and the ability to adjust focus. Penske is an Equal Opportunity
Employer. About Penske Truck Leasing Penske Truck Leasing Co.,
L.P., headquartered in Reading, Pennsylvania, is a partnership of
Penske Corporation, Penske Automotive Group and Mitsui & Co., Ltd.
A leading global transportation services provider, Penske operates
a premier fleet of vehicles and serves its customers from locations
in North America, South America, Europe, Australia, and Asia.
Penske's product lines include full-service truck leasing, contract
maintenance, commercial and consumer truck rentals, used truck
sales, transportation and warehousing management and supply chain
Job Category: Administrative Job Family: General Administration
Address: 100 Gundy Drive Primary Location: US-PA-Reading Employer:
Penske Truck Leasing Co., L.P. Req ID: 2413118 Date posted:
10/24/2024
Keywords: Penske, Lakewood , Credit Analyst, Professions , Reading, New Jersey
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