Manager, Credit Risk - SBS - US

Employment Type Full time

Compensation Range The pay range provided is not indicative of Sysco’s actual pay range but is merely algorithmic and provided for generalized comparison. Factors that may be used to determine rate of pay include specific skills, work location, work experience and other individualized factors

Job Profile Summary Responsible for identifying, assessing, and reducing/mitigating risks to the organization. Activities include: • Characterizing potential risks and assessing the vulnerability of critical assets to specific risks • Risk analysis and modeling to assess the probability of specific risks occurring and evaluate/value the impact/consequences of the occurrence • Developing process and procedures to report on, manage and mitigate risks to acceptable levels • Internal and external stakeholder reporting, including regulatory reporting

Description

JOB SUMMARY

Provides risk management and oversight of credit risk related to current and potential customer accounts. Reviews and analyzes the creditworthiness of current and potential customer accounts to make recommendations on whether or not to take on the risk and if so at what terms. Responsible for review and assessment to ensure approved credit policies and procedures are being followed.

RESPONSIBILITIES

• Assigns responsibility for investigating and verifying the financial status of prospective customers applying for credit; prepares documents to substantiate findings; and recommends rejection or approval of applications
• Establishes credit limitations on customer accounts and handles special credit arrangements and deviations from standard terms of payment
• Assigns responsibility for investigation of fraud cases and possible legal action and collection of insufficiently funded checks and delinquent bills. Submits delinquent accounts to attorney or outside agency for collection
• Establishes and updates customers' credit activities with company executive management staff and sales management personnel
• Audits delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad debt status
• Oversees CSTOP processing and ensures that guidelines are consistently enforced by Credit associates for delinquent accounts, and monitors daily cut-off for credit issues
• Monitor accounts with payment plans and ensures that work out programs and promissory notes are in compliance with Corporate Credit, Operations Review, and Sarbanes-Oxley compliance
• Reviews publications for bulk transfers and bankrupt accounts
• Files claims in pending escrows while directly communicating the information to the Marketing Associate
• Makes UCC-1 filing decisions on customers who meet necessary criteria
• Ensures days sales outstanding (DSO) and best possible days sales outstanding (BPDSO) are concurrent with Sysco Corporate requirements
• Follows corporate audit controls to ensure operating company credit activities are compliant with Sysco Corporate financial requirements including participating in Credit Audits, Operations Review Audits, and Sarbanes-Oxley Audits
• Participates in the performance management and development of credit associates
• Responsible for recruiting and training credit associates
• Credit committee leader
• Increase cash flow (i.e. decrease accounts receivable DSO, increase percent currently)

QUALIFICATIONS
Education

• Bachelor’s degree in Business Administration, Statistics, Economics, or related quantitative background preferred
• National Association of Credit Management Certification a plus

Experience
At least 5 years of credit management and supervisory experience

Skills

• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
• Ability to write reports, business correspondence, and procedure manuals
• Ability to effectively present information and respond to questions from groups of directors, clients, customers, and the general public
• Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages
• Strong verbal and written communication skills
• Must be able to read, write and speak English
• Present/interact with senior leadership and manage a team of credit professionals and solid negotiation skills in credit
• Strong PC skills: Excel, Word, PowerPoint and Relational Database concept

Overview Sysco is the global leader in foodservice distribution. With over 71,000 colleagues and a fleet of over 13,000 vehicles, Sysco operates approximately 333 distribution facilities worldwide and serves more than 700,000 customer locations. We offer our colleagues the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We’re looking for talented, hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.

AFFIRMATIVE ACTION STATEMENT Applicants must be currently authorized to work in the United States. We are proud to be an Equal Opportunity and Affirmative Action employer, and consider qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law. This opportunity is available through Sysco Corporation, its subsidiaries and affiliates.