Credit Manager POST NUMBER: 444789
POSITION OVERVIEW:
The Credit Manager plays a pivotal role in evaluating the creditworthiness of potential borrowers and institutions related to supplying financing options to potential borrowers. The credit manager ensures that the company utilizes appropriate risk evaluation and policies/procedures in order to achieve financial goals and manage risk. This role is crucial to the efficient functioning of the credit department and organization. This position requires a meticulous individual with strong analytical skills, attention to detail, and the ability to multitask effectively.
KEY RESPONSIBILITIES:
- Manage credit philosophies, processes, portfolios, and reporting.
- Work with the finance team to develop on-going partnerships related to all credit needs.
- Assist with the growth of capital sources related to all on-going credit needs.
- Consistently monitor and reduce costs of capital related to all credit needs.
- Further develop financial reporting related to uses of capital.
- Manage credit portfolios and ensure data integrity in all reports.
- Assist with modeling related to on-boarding credit partners.
- Apply and manage necessary controls related to credit needs.
- Ensure compliance with company policies, industry regulations, and legal requirements.
- Generate reports on credit risk, outstanding debts, and collection efforts.
- Work within the cultural dynamics of the team to ensure the development of team members.
REQUIRED SKILLS & QUALIFICATIONS:
- Bachelor's degree in finance, accounting, business administration, or a related field.
- Proven experience in credit management, financial analysis, or risk assessment.
- Strong analytical and decision-making skills.
- Knowledge of credit laws, financial regulations, and debt collection best practices.
- Excellent communication and negotiation abilities.
- Proficiency in financial software and credit management tools.
- Leadership experience.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.