Senior Credit & Collections Analyst-St Louis, MO Job Summary:

The Senior Credit Analyst (Manufacturing) NW suburb of St. Louis, Missouri is responsible for establishing credit limits for new accounts or reviewing credit limits for existing customers. This position is responsible for overseeing the Pennex portfolio of accounts to ensure timely payments and to keep them within their designated credit limits. In addition, the Senior Credit Analyst works to resolve any customer disputes or complaints and escalates to the credit manager if determined that the customer is unwilling or unable to pay in accordance with agreed upon payment terms.

Duties/Responsibilities:

Oversees all credit and collection responsibilities for business Establishes internal credit limits for customers through comprehensive analysis, including financial statement review, operational assessment, and high-level customer discussions. Secures credit insurance when appropriate to support customer credit limits. Conducts ongoing reviews of existing customer credit limits, with formal annual reviews. Skilled in Collections with at least 2 years of customer A/R experience. Makes internal credit decisions up to $250k and prepare credit recommendations for the credit committee for decisions above this amount based on comprehensive analysis and review. Ensures adherence to customer payment terms through effective collection management. Works closely with sales and admin teams to identify and correct problems and issues causing payment delays. Develops payment plans with customers experiencing cash flow problems where appropriate while managing overall credit risk. Files insurance claims and/or bankruptcy claims as necessary for nonperforming or bankrupt accounts. Monitors and controls credit exposures for all customers to ensure adherence to established credit limits.