Analyze the financial strength of counterparties (including clients, vendors, and partners), recommend risk limits according to each counterparty’s credit worthiness and obtain appropriate approval.
Conduct ongoing monitoring of counterparties financial position (through different reporting agencies) and annual reviews to ensure continued creditworthiness, promptly taking corrective action, if necessary.
Perform analysis of markets, sectors and groups of companies to enhance commercial management and improve credit management.
Monitor outstanding balances relative to credit lines.
Aid in gathering and consolidating potential risk data, in collaboration with various business units, and work with brokers for timely completion of insurance applications.
Collaborate with business units to provide to broker timely business updates that impact insurance coverage.
Coordinate the issuance of certificates of insurance as needed.
Support the management of surety bond renewals and payments for our various business units
Assist different business units in the process of filing insurance claims.
Perform other duties as may be assigned.
Bachelor’s Degree in Finance, Accounting, Economics or a business-related degree.