Junior Credit Analyst

Interested in climbing aboard with the Syfan Team?

The Junior Credit Analyst supports the Credit and Risk functions by performing debtor credit reviews, establishing and maintaining debtor credit lines, completing new debtor verification procedures, confirming Notices of Assignment (NOAs), and monitoring existing debtor relationships. This position helps ensure debtor credit information is accurate, properly documented, and maintained in accordance with company credit policies and procedures. The analyst works closely with Credit, Collections, Operations, and Account Management to identify credit, fraud, concentration, payment, and documentation risks associated with purchased accounts receivable.

• Perform initial and ongoing credit reviews of commercial debtors.
• Review requests for new debtor credit lines and increases to existing limits.
• Evaluate commercial credit reports, payment history, AR aging, current exposure, concentration, and other relevant risk factors.
• Prepare documented credit limit recommendations within established procedures and delegated authority.
• Escalate requests involving elevated risk, high concentration, adverse credit, exceptions, or amounts exceeding assigned authority.

• Complete required credit and verification procedures before new debtor invoices are approved for funding.
• Verify the debtor’s legal name, business address, Accounts Payable contact information, and other required business details through independent sources.
• Confirm that debtor contact information is independently obtained or validated and is not based solely on information supplied by the factoring client.
• Identify discrepancies, adverse information, unusual circumstances, or potential fraud indicators and elevate concerns before funding.
• Establish approved debtor limits, review dates, and supporting documentation in the company operating system.

• Confirm debtor receipt and acknowledgment of the company Notice of Assignment.
• Verify that debtor understands payments on assigned invoices must be remitted directly to the designated factoring company account or lockbox.
• Confirm that Accounts Payable records and payment instructions have been updated appropriately.
• Document the contact’s name, title, date, method, and result of the NOA confirmation.
• Escalate disputed assignments, conflicting payment instructions, prior assignments, lien concerns, or refusal to acknowledge NOA.

• Obtain and review commercial credit reports and other available credit information.
• Assess credit scores, risk ratings, Days Beyond Terms (DBT), trade payment experiences, collections activity, liens, judgments, bankruptcies, business age, and operating history.
• Compare external credit information with internal payment experience when available.
• Identify material deterioration or adverse developments that may warrant a limit reduction, suspension, or termination.

• Complete periodic debtor credit renewals based on company policy and established review schedules.
• Review current exposure, payment performance, aging, concentration, credit reports, and other available information.
  
  Recommend maintaining, increasing, decreasing, suspending, or terminating existing debtor limits, as appropriate.
• Complete and retain required renewal documentation and

• Monitor debtor exposure against approved limits and report over-limit positions.
• Review payment and aging trends for signs of deterioration, disputes, dilution, or concentration risk.
• Maintain complete electronic credit files, including approvals, reports, verification records, NOA…