What are the responsibilities and job description for the Credit Analyst position at Coface?
Making Trade Happen
Coface is a team of 4,500 people of 78 nationalities across nearly 60 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses.
With 75 years of experience, Coface is a leader in the credit insurance and risk management market. We have also developed a range of other value-added services, including factoring, debt collection, single risk insurance, bonding, and information services.
As a close-knit, international organization at the core of the global economy, Coface offers an enriching work experience on several levels: relational, professional, and cultural.
Every day, our teams are making trade happen. Join us!
THE JOB
The Credit Analyst reviews financial statements, credit reports, and Coface’s own experience in order to assess the creditworthiness of a buyer and produce a Debtor Risk Assessment (DRA). He/she liaises with Underwriters in order to maintain coherence between the DRA and the risk exposure. The Credit Analyst is responsible for the monitoring of a portfolio of companies with medium to large aggregation of credit risks. Within specified industry sectors, he/she will:
- Contact companies through phone interviews and/or field visits to speak to executives and obtain financial and business information to assess their current situation. Gather and search for additional information (financial statement data, professional articles, ...) where required
- Produce Debtor Reports demonstrating that information has been analyzed, where contradictions can be evidenced, conclusions are drawn and that the recommendation to underwriters is clear and precise
- Act on and respond to DRA revision requests from risk underwriters and analysts in other regions in a timely manner ensuring Service Level Agreements (SLA’s) are respected.
- Monitor risk and update assessments upon receipt of alert from internal (claims) and external sources and send warnings on specific events to Underwriting.
- Participate to maintain the accuracy and consistency of our database of companies, with appropriate identifiers, links and coherence of DRA
- Pro-actively build and maintain good working relationships with underwriting and information
- colleagues.
- Communicate to underwriters and management any adverse information which is relevant to a review of exposure.
- Ensure compliance with regulations and procedures as laid down by Coface and external regulators
- Contribute to transversal projects according to skills and experience (vendor management, back-office management, internal trainings etc.…)
THE CANDIDATE
- Bachelor Degree required with a concentration in Finance or equivalent (knowledge of financial
- analysis including the ability to read and interpret balance sheet and income statement and make recommendations based on liquidity and indebtedness)
- Minimum 3-5 years of experience in credit analyst role
- Excellent capacity to communicate, nature ability and comfort with asking lead-in and follow up questions; awareness and appreciation of prevailing macroeconomic and industry sector drivers and trends as a backdrop against which to evaluate a business’s credit worthiness
- Excellent Computer literacy (MS Office / Excel/Internet Search)
- Ability to work collaboratively and share information
- Curiosity and capacity to challenge
Location: Princeton, NJ, or Hunt Valley, MD (Hybrid – 2 days onsite, 3 days remote)
