TEKsystems · 22 hours ago
Credit Risk Analyst
Englewood Cliffs, NJ
Contract
Onsite
Mid, Senior Level
$25/hr - $30/hr
5+ years expTEKsystems is a leading provider of business and technology services, and they are seeking a Credit Risk Analyst to protect the company's assets while supporting sales needs. The role involves performing detailed reviews and risk analysis on accounts to assess commercial credit risk and manage credit limits, as well as continuous monitoring of account portfolios.
Information Technology
Responsibilities
Manage the commercial credit risk for an assigned portfolio of accounts applying Samsungs credit practices and procedures portfolio will typically contain lower risk accounts with modest credit limits
Perform detailed reviews and risk analysis on an ascribed portion of Samsungs portfolio of accounts in order to assess commercial credit risk as well as assign maintain or adjust credit limits
Plans and schedules credit review and risk analysis for assigned portfolio of accounts
Uses credit risk analysis skills and business acumen along with available risk assessment tools and third party data to analyze new account requests for open lines of credit as assigned interfaces with team leads for guidance when encountering unique credit situations during this process
Obtain all necessary information to properly risk assess including assigning a risk category from our Financial Health Indicator perform robust financial review and submission through appropriate channels for activation of credit line and assignment of account number in SAP
Reviews and analyzes assembled reports scorecard data financial statements and supplementary information such as bank and trade references as well as payment history data to arrive at sound financial decisions intended to support sales while protecting Samsungs assets
Recommends individual credit lines or for unqualified accounts works with team leads to assess the viability of other hedging options or courses of action and again with guidance from team leads facilitates the implementation of credit line or other approved solution for challenging risks
Personally handles non routine credit inquires and correspondence as it relates to their portfolio involving team leads for guidance to potential challenges based on those inquiries
Defers team leads for advice on particularly complex problems and cases requiring interpretation of policy decision
Monitors monthly lines of credit for customers in assigned portfolio of accounts to ensure that balances are within approved limits
Assist team leads or Sr. Analysts in support when requested to the following: Service Division Content Services Harmon Dacor Neurologica etc. in all aspects of risk assessment of Accounts Receivable and also provide assistance with regard to credit processes and risk mitigation tools and services as well as hedging options. This could include reports from third party services or just general procedure and practices along with requests for standard templates or forms and overall credit opinions
In the Company of team leads may be asked to represent the Company at creditors meetings trade shows bankruptcy proceedings or other related events
Prepare and submit departmental reports from simple inter-department reports to more complex companywide reports.may include but not limited to Quarterly report Monthly report Watch list report Z-Credit AR Forecast report any ad-hoc reporting that may be required etc
Will be required to be part of customer visits as needed to obtain financials or assess overall business operations and status of assigned accounts team leads will accompany as necessary
Qualification
Required
Bachelors degree with focus on accounting or finance
5 applicable experience
financial analysis
credit review
risk assessment
Strong Financial Analysis and risk assessment skills
Understanding of insurance and various other hedging options
Solid communication and negotiation skills
Considers a wide range of alternatives prior to making a decision
Takes initiative as problems opportunities arise seizing opportunities early
Effectively recognizes emergencies crisiss and brings them to attention of team leads
Actively develops a climate of teamwork cooperation when working with peers
Ability to communicate with people at different organizational levels
Follows up on tasks assignments to ensure successful completion on assigned dates
Proficient in Windows Excel Word PowerPoint
Understanding the business and market trends which impact our accounts
Strong analytical skills the ability to analyze and also interpret the meanings in written and verbal form
Approximately 3-5 years commercial credit experience performing complex financial statement analysis as well as handling spreadsheets and reporting tools used to conduct successful analysis
An understanding of risk/reward analysis and credit mitigation documents
Familiar with SAP
Preferred
5+ years of experience
SAP or ERP is a plus
Benefits
Medical, dental & vision
Critical Illness, Accident, and Hospital
401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
Short and long-term disability
Health Spending Account (HSA)
Transportation benefits
Employee Assistance Program
Time Off/Leave (PTO, Vacation or Sick Leave)
Company
TEKsystems
At TEKsystems, they understand people. Every year they deploy over 80,000 IT professionals at 6,000 client sites across North America,
10001+ employees
H1B Sponsorship
TEKsystems has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (46)
2024 (52)
2023 (33)
2022 (22)
2021 (36)
2020 (53)
Funding
Current Stage
Late StageLeadership Team
Ryan Skains
Vice President, TEKsystems Global Services
Recent News
2025-11-19
2025-10-29
Company data provided by crunchbase