Allegion · 1 month ago
Credit Risk Analyst
United States
Full-time
Remote
Entry, Mid Level
2+ years expAllegion is a global leader in security solutions, recognized for its commitment to safety and innovation. The Credit Risk Analyst role involves developing credit policies, evaluating customer financial strength, and managing credit risks while collaborating with sales and other departments.
ElectronicsManufacturingProduct DesignSecurity
No H1B
Hiring Manager
Troy Barenie, PHR
Responsibilities
Develop and implement policies and procedures to evaluate customer financial strength, research credit worthiness, evaluate risk, and recommend credit lines
Develop strategies and goals to reduce exposure to write-offs
Work closely with sales and other departments to communicate credit limits, provide support, resolve problems, and reconcile accounts
Recommend and implement credit extensions/revocations, and/or legal action where necessary
Perform reconciliation, credit adjustments, bad debt write-offs, refunds, customer notification, and other transactions or reports according to company policies and procedures
Stay current on all applicable laws and maintain relationships with outside credit agencies
Assist with integrating acquired companies into our credit processes
Collect required documents (application, W9, tax exemption certificate if applicable)
Assign sector number, terms, and credit limit
Utilize job info form to assign special project terms (including deposits as needed)
Manage risk associated with slow pay customers and customers whose orders exceed their credit limit
Review customers where sales or a specific project is beyond their approved credit limit
Obtain financials to find a way to support revenue
Perform other ad-hoc duties as assigned related to business changes, special projects, etc
Complete credit line reviews with financial statements to support revenue growth
Ensure faster turnaround times for quick decisions on orders on credit hold and/or large project orders on accounts with inadequate credit limits
Support flexed credit lines, including where NCS mechanics lien notices have been filed to secure Allegion’s position
Provide frequent updates based on shipping dollars, completion dates, etc., to ensure Allegion’s rights are enforceable and actions are timely
Maintain lien waivers to ensure rights are retained based on payments received
Utilize credit instruments to capture revenue securely on higher-risk accounts
Assist in coverage for the Credit Risk Analyst during PTO
Collect back unearned discounts on for top offenders
Work with smaller dollar offenders to reclaim unearned cash discount dollars (VDI, Schlage, LCN) that Allegion Americas does not presently pursue
Term out an account to “Net 35” for repeat offenders
Partner with Allegion Sales and external customers to change customer behavior in taking early pay discounts and repaying unearned discounts
Expand enforcement of early pay cash discount with Allegion Canada/Steelcraft/Republic
Expand Allegion Americas Credit team to complete additional manual reviews annually on medium to high-risk customers per policy to mitigate risk to Allegion
Manage CRM approvals regarding account changes, new account setup, brand adds
Qualification
Required
Bachelor's degree in business, Finance, Accounting, or equivalent experience
2-4 years of finance experience preferred
Qualified candidates must be legally authorized to be employed in the United States
The company does not intend to provide sponsorship for employment visa status (e.g., H-1B, TN, etc.) for this employment position
Benefits
Health, dental and vision insurance coverage, helping you “be safe, be healthy”.
A commitment to your future with a 401K plan, offering a 6% company match and no vesting period
Tuition Reimbursement
Unlimited PTO
Employee Discounts through Perks at Work
Community involvement and opportunities to give back so you can “serve others, not yourself”
Opportunities to leverage your unique strengths through CliftonStrengths testing and coaching
Company
Allegion
Allegion provides mechanical and electronic security products for residential, commercial, and institutional environments.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1B2024-05-21Post Ipo Debt· $400M
2022-06-07Post Ipo Debt· $600M
2013-11-29IPO
Leadership Team
Rob Martens
Senior Vice President, Chief Innovation & Design Officer, Corporate Development
Greg Katai
VP Sales and Marketing at Yonomi
Recent News
2025-11-11
Company data provided by crunchbase