Credit Analyst

Overview

At Trane Technologies

TM and through our businesses including Trane and Thermo King, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We’re a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and  boldly go.

The Credit Risk Analyst is part of the Corporate Credit Center of Excellence (COE) and is responsible for managing the area of customer credit risk evaluation and escalation for the AR portfolio. This position is part of the regional Credit Center of Excellence organization that has accountability for all Trane Technologies business units within North America. The candidate will have experience in customer credit risk assessment and mitigation.

Working with other Credit Risk colleagues within the region, the candidate should be open to the adoption of new processes and procedures that contribute to best practices that address the risk mitigation aspect of the order to cash function. The individual is expected to be a change agent, self-starter and driven for results. The individual must be able to work effectively with sales and business unit leadership as well as possess comfort negotiating with our customers’ leaders (CEO, CFO, etc.).

• Key person to evaluate larger and more complex customer credit risk reviews for North America
• Responsible for primary review, recommendation and approval of customer credit lines
• Responsible for managing the customer credit line annual review process for a portfolio of accounts, to ensure that the company’s risk is mitigated and at the same time comply with corporate credit policies
• Ensure portfolio is compliant with corporate credit policies and be on point to answer audit requests for information for your area of responsibility
• Responsible for managing new customer account requests to establish appropriate credit limits and assessing the use of appropriate risk mitigation tools/credit enhancements to achieve the appropriate level of risk
• Should have experience with various types of collateral (UCC-1, Security Agreements, Personal & Corporate Guarantees, Stand-by Letter of Credit) — Bond & Lien experience is a plus
• Manage within a given Level of Authority (LOA) and escalate when appropriate
• Participate in credit risk training when necessary
• Represent the credit center of excellence in support of business initiatives as a subject matter expert with regard to systems, forms, processes and procedures used in the granting and maintenance of credit
• Visit customers & sales staff periodically to build effective business partnerships

• Must have BS/BA in Finance, Accounting or similar field
• Must have 5+ years of credit risk experience. This experience must include extensive customer contact, financial statement analysis (including the spreading of financial statements) and risk mitigation using various types of collateral. Additionally, the candidate must be able to work with Sales organization to drive profitable revenue growth, including the structuring of accounts with difficult credit profiles
• Must have experience with all levels of communication and proven ability to lead through influence
• Effective personal and interpersonal skills. Must be at ease interacting with sales & business unit leadership to effectively communicate a position when debating the merits of the transaction
• Must be able to operate in a matrix reporting environment with a strong dotted line to the business unit and sector leadership
• Effective communication skills (both oral and written)

Compensation: Base Pay Range: $67,

Disclaimer:
This base pay range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed.

Equal Employment Opportunity: We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

• Mid-Senior level

• Full-time

• Finance and Sales
• Industries
• Industrial Machinery Manufacturing

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