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Credit Analyst
$64k-82k (estimate)
Full Time Just Posted
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Ria Money Transfer is Hiring a Credit Analyst Near Buena, CA

Job DescriptionThe Credit Analyst is a key member of our financial team, playing a critical role in assessing and managing the creditworthiness of potential agents. This position is primarily responsible for conducting and coordinating the comprehensive underwriting process required for agent onboarding, ensuring a thorough evaluation from both credit and risk management perspectives. The Credit Analyst will work closely with various departments, including Finance Operations (Accounts Receivable, Back Office) and Sales, to facilitate seamless and efficient onboarding processes.
ResponsibilitiesCredit Underwriting Process:
  • Reviews and makes decisions on incoming Preliminary Qualifications (PQs) from the Sales team based on the outcomes of the credit underwriting process.
  • Sets credit limits and conditions for approved applications.
  • Requests additional credit support and/or documentation if necessary.
Escalation Reviews:
  • Provides second-level reviews for cases initially declined by other Credit Analysts.
  • Conducts credit reviews for agents with payment issues escalated by Accounts Receivable (A/R).
  • Reviews cases for dormant agents seeking reactivation.
  • Reviews reactivation requests for agents who were previously in collections but are now current.
Other Duties:
  • Collaborates closely with the team to coordinate activities for successfully processing all applications in the queue.
  • Assists with decision support regarding Preliminary Qualifications (PQs), Change of Ownerships (COOs), and updates.
  • Provides training to new hires, when applicable.
Qualifications
  • 1-2 years of relevant experience
  • Ability to meet deadlines
  • Manage multiple tasks
  • Work autonomously in a creative and dynamic environment
  • Excellent oral and written communication skills
  • Interact effectively and tactfully with all levels of management
  • Strong problem solver
  • Demonstrates initiative
  • Prior experience with credit underwriting a plus
  • Bachelor’s degree preferred. Fields of interest include Accounting, Finance, Economics, Business, or a related field.
  • Licenses or Certificates preferred

Job Summary

JOB TYPE

Full Time

SALARY

$64k-82k (estimate)

POST DATE

05/30/2024

EXPIRATION DATE

06/14/2024

WEBSITE

riamoneytransfer.com

HEADQUARTERS

BUENA PARK, CA

SIZE

1,000 - 3,000

FOUNDED

1987

TYPE

Private

CEO

JUAN C BIANCHI

REVENUE

$200M - $500M

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About Ria Money Transfer

Ria Money Transfer specializes in money remittances through a network of sending agents and company-owned stores.

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