Credit Analyst

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review and evaluate financial statements, credit reports, and other relevant information to assess credit risk to determine the likelihood of repayment.
• Review and make decisions on credit terms and limits or submit recommendation based on appropriate approval authority.
• Develop and prepare regular reports and presentations for management that summarize credit performance, trends, and improvement initiatives along with actionable insights.
• Monitor key credit metrics, processes, and performance indicators, such as risk rating and credit utilization, to provide regular insights and recommendations to management.
• Ensure that accurate and up-to-date records are maintained for each customer.
• Collaborate cross-functionally with departments such as Sales, Procurement, and Distribution to streamline processes and enhance efficiency of credit team.
• Stay abreast of industry best practices and emerging trends to continuously enhance the company's practices and strategies.
• Support ad-hoc financial analysis and special projects as assigned by management to drive strategic objectives and initiatives.

EDUCATION and/or EXPERIENCE

• Bachelor’s degree in finance, accounting, or related field.
• 2-3 years of experience in commercial credit environment and/or equipment financing industry.
• Experience in industrial manufacturing or distribution environment is preferred.
• Advanced degree or professional certification (e.g., Credit Risk Certification, CRC) is a plus.

KNOWLEDGE / SKILL REQUIREMENTS

• The ideal candidate will demonstrate:
• Strong analytical and quantitative skills, with proficiency in credit modeling and modern software (ERP/OTC credit tools/Microsoft Office suite).
• Excellent communication and interpersonal skills, with the ability to collaborate effectively outside the finance department and across all levels of the organization.
• Detail-oriented with a high degree of accuracy and a proactive approach to problem-solving.
• A high level of integrity and dependability with a strong sense of urgency and results orientation.

What We Offer

• Health & Well-being: Comprehensive medical, dental, and vision coverage, plus life and disability insurance. A robust well-being program with an opportunity to receive an extra day off and more.
• Financial Security: A strong retirement savings program with 401(k), company match, and profit sharing.
• Time for You: Paid holidays, vacation time, and personal/sick days each year.

About the Role

• Rite-Hite is seeking a Credit Analyst to join our team.
• In this role, you will support our credit assessment and onboarding process while enhancing enterprise credit risk reporting and help ensure timely credit decisions as business demand continues to grow.
• Partnering cross-functionally with teams like Sales, Procurement, and Distribution, YOU will help streamline processes and strengthen overall risk management.
• This is a great opportunity for a detail-oriented, analytical professional to make a meaningful impact in a fast-paced, collaborative environment.