Credit Analyst Iii

1 week ago


Burlington, Ontario, Canada Caterpillar Full time

Career Area:

Finance**:

Your Work Shapes the World at Caterpillar Inc.


When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other.

We are the makers, problem solvers and future world builders who are creating stronger, more sustainable communities.

We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live.

Together, we are building a better world, so we can all enjoy living in it.

About Cat Financial

JOB SUMMARY:
Provide senior level credit and documentation support in Caterpillar Financial Services Limited (CFSL) region offices. Mandate to underwrite/recommend complex transactions up to $50M range for senior management approval. Underwrite and approve transactions with a personal credit authority of up to $1.5M.

PRINCIPAL DUTIES AND RESPONSIBLITIES:

  • Approves/rejects CFSL customer deals within approved credit authority and recommends deals beyond credit authority.
  • Negotiates and prepares financial transactions for documentation and funding with emphasis placed on complex transactions.
  • Assists in administration of wholesale and retail customer "loan" covenant compliance reviews, including onsite record and physical machine/inventory audits. May restructure customer deals.
  • Conducts and monitors credit investigations.
  • Assists in leading the documentation of retail receivables and inprocessing.
  • Signs and funds documented transactions within approved credit authority.
  • Manages accounting input and audits booked deals for accuracy.
  • Performs training and provides guidance to other employees on the Credit Team.
  • Understands the established continuous improvement objectives for the region.
  • Measures progress toward the continuous improvement standards and sees that the necessary measurements are maintained.
  • Participates in the resolution of any identified problems.
  • Analyzes data and makes all business decisions based on such analysis.

JOB REQUIREMENTS:

SKILLS, ABILITIES, AND KNOWLEDGE:

  • Advanced knowledge of and demonstrated ability to analyze customer credit summaries and past due accounts.
  • Advanced knowledge of and demonstrated ability to prepare marketing reports and marketing related statistical reports.
  • Advanced knowledge of marketing, credit and customer services concepts and techniques.
  • Demonstrated knowledge of financing and leasing products.
  • Demonstrated knowledge of account collection procedures.
  • Advanced knowledge of financing and leasing documentation principles. Demonstrated knowledge of billing, invoicing, and dealer payment principles and concepts.
  • Demonstrated knowledge of PPSA filing requirements and their applicability to bankruptcy laws and regulations.
  • Advanced knowledge of and demonstrated ability to calculate amortization schedules.

EDUCATION/EXPERIENCE:

  • A 4year college or university degree in finance, accounting or similar discipline.
  • A minimum of 4 years experience in credit, financial statement analysis, and/or a related discipline.
  • Previous work experience must be progressively increasing in responsibility and accountability and demonstrate an ability to gain in knowledge, skills and responsibility such that a level of full competency can be reached.
  • Equivalent experience may be substituted for education.
Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Submit your information to our Talent Network here.
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