Credit Associate

Position Summary:

Redaptive is looking at the hiring of a Credit Associate to assess and evaluate the credit risk associated with our customers and counterparties. This role involves conducting thorough analysis of creditworthiness, preparing financial spreads, evaluating financial data, identifying potential risks that may impact our business operations, monitoring existing clients, and assigning risk ratings. This position collaborates with various teams within the organization, including Finance, Sales, IT (Salesforce), and other departments to ensure sound credit decisions align with our company's objectives and risk tolerance. Your insights and recommendations will play a crucial role in shaping our credit policies and procedures, ultimately contributing to the overall success and growth of our organization.Responsibilities and Duties:

• Evaluate and Assign Credit Ratings: Evaluate the creditworthiness of new and existing clients and counterparties by analyzing financial statements, preparing risk rating scorecards, and recommend credit ratings and exposure limits.
• Earnings Snapshots and Credit Reports: Prepare concise earnings summaries and detailed credit reports by analyzing financial statements, highlighting key performance metrics, and assessing creditworthiness to support underwriting decisions.
• Portfolio Monitoring: Monitor and update credit portfolio tracker, develop industry specific scorecard template, conduct comprehensive review of assigned credit ratings, and manage credit owned data points in Salesforce.
• Support Senior Analysts: Assist senior analysts in gathering data and relevant information for credit assessments. Collaborate closely with team members to ensure the accuracy and completeness of information.
• Ad-Hoc Projects: Participate in ad-hoc tasks such as update daily benchmark rate files, conduct benchmark analysis, and process enhancement, and other credit-related tasks.

Time Spent Performing Duty

• Evaluate and Assign Credit Ratings: 40%
• Earnings Snapshots and Credit Reports: 30%
• Portfolio Monitoring: 15%
• Support Senior Analysts and Ad-Hoc Projects: 15%

Required Abilities and Skills:

• Strong understanding of financial statements and key financial ratios.
• Ability to understand and articulate credit fundamentals.
• Ability to identify potential risk issues that need escalation.
• Good communication skills including the ability to build relationships.
• Strong attention to detail, result-oriented, curious, and proactive with an ambition to grow.

Education and Experience:

• A master’s degree in finance.
• 0-2 years of experience in credit risk management.
• Proficient with MS Office (Word and Excel) and Bloomberg.
• Prior internship or coursework in finance, risk management, or related fields is a plus.

Travel:

This role does not involve any international travel.

The Perks!

• Equity plan participation
• Medical and Personal Accident Insurance
• Support on Hybrid working – Equipment and Relocation
• Flexible Time Off
• Continuous Learning
• Annual bonus, subject to company and individual performance

The company is an Equal Opportunity Employer, drug free workplace, and complies with Labor Laws as applicable. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities.

Redaptive is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.