Risk Analyst

Company: Canon USA
Location: Mount Laurel
Posted on: May 16, 2022

Job Description:

Location: US-NJ-Mount LaurelRequisition ID: 24443Category: Risk ManagementPosition Type: Full-TimeOverviewCanon Financial Services, Inc. (CFSCFS) located in Mount Laurel, NJ is currently seeking a Risk Analyst (Analyst, Risk). The Risk Analyst is responsible for making sound credit decisions within required turnaround times, investigating and decisioning credit requests using all available credit resources. Required competencies include strong analytical, communication, negotiation, and creative thinking skills, with a thorough understanding of automated credit scoring and risk rating analytics. Team player regularly collaborating with other Risk Analysts and inside and outside sales representatives. Regularly communicates with originations, documentation, and collections/portfolio management departments to resolve risk management issues within appropriate guidelines. Supports automated credit scoring model maintenance and upgrades, as needed, by facilitating credit scoring enhancements in collaboration with the IT department. This position has credit and lease documentation authority of up to $250,000.00. Responsibilities- Reviews and analyzes credit scoring metrics and risk ratings and quickly identifies material credit strengths and weaknesses to provide timely credit decisions- Collaborates as needed with IT department to maintain automated credit scoring model and facilitate upgrades to commercial and/or consumer credit scoring functionality- Supports credit decisions with scoring model and supplementary data from commercial and personal credit reporting agencies and various web resources including, but not limited to, D&B, Experian, Moody's, S&P, Fitch, A.M. Best, NAIC, and SEC and FDIC filings- Accurately spreads and analyzes financial statements and incorporates relevant financial metrics into credit reviews- Reviews and decisions transactions within assigned authority, including recommendations from junior Analysts, and makes recommendations on transactions in excess of assigned authority- Monitors credit lines and completes credit line renewals in a timely fashion- Structures and appropriately documents credit approvals consistent with risk management guidelines- Reviews and approves changes to contract terms and conditions within assigned authority- Advises sales team on pended applications and facilitates the process of obtaining credit and financial information to decision pended transactions- Regularly updates system comments to keep all parties informed of the status of all credit applications- Ensures that dealer and customer concerns are resolved in a timely and appropriate manner without undermining risk management standards- Develops and maintains effective working relationships with inside and outside sales teams and end user customers- Negotiates complex credits to obtain favorable lease structures that win business without compromising credit standards- Seeks guidance as appropriate from managers and supervisors- Provides coverage support for assigned regions and other regions as required- Serves as mentor to less experienced or junior members of the credit team- Completes assigned training on or before the due date with required level of proficiency- Other responsibilities as assigned Qualifications- Bachelor's Degree or equivalent, preferably in finance or a related subject- 3+ years of related work experience in equipment leasing and/or commercial lending- Strong working knowledge of automated credit scoring and financial modeling, including business and consumer scoring model development, adjustments, and maintenance- Working knowledge of Microsoft Office, including Word, Excel and PowerPoint- Strong interpersonal skills and experience negotiating credit terms- Team player and self starter with ability to multi-task and quickly and effectively resolve business issuesThe company will not pursue or support visa sponsorship for this position. Company OverviewAbout our Company - Canon Financial Services, Inc. (CFS) is a wholly-owned subsidiary of Canon U.S.A., Inc. About Canon U.S.A., Inc. Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $36 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2018--- and is one of Fortune Magazine's World's Most Admired Companies in 2019. Canon U.S.A. is committed to the highest level of customer satisfaction and loyalty, providing 100 percent U.S.-based service and support for all of the products it distributes in the United States. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. In 2014, the Canon Americas Headquarters secured LEED - Gold certification, a recognition for the design, construction, operations and maintenance of high-performance green buildings. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting and follow us on Twitter @CanonUSA. For media inquiries, please contact . --- Based on weekly patent counts issued by United States Patent and Trademark Office. All referenced product names, and other marks, are trademarks of their respective owners. We are an EEO/AA employer. Minority/Female/Individuals with Disabilities/Protected Veterans.If you are not reviewing this job posting on our Careers' site , we cannot guarantee the validity of this posting. For a list of our current postings, please visit us at .#CFS Posting Tags#PM19 #CFS #LI-AV1 #CBAVPI177216829

Keywords: Canon USA, Philadelphia , Risk Analyst, Professions , Mount Laurel, Pennsylvania