Credit Portfolio Manager

About the role

The Credit Portfolio Manager at Holman is responsible for assessing the creditworthiness of new and existing customers, ensuring integrity and consistency of the credit process, deciding credit limits, monitoring and reviewing customer credit accounts, supporting credit risk management strategies, communicating with customers and prospects, managing/improving the credit process, preparing reports, guiding and supporting credit analysts, liaising with senior management, and working with legal teams.

Responsibilities

• Assess the creditworthiness of new and existing customers by analyzing financial statements, credit reports, and other relevant information.
• Ensure integrity and consistency of credit process by managing workflow and credit analysis in accordance with Holman's credit policy.
• Decide credit limits up to $20 million for clients requesting leasing and services, such as fuel and maintenance based on credit quality of clients.
• Avoid approvals, approvals with enhancements and declines are accurately documented and communicated to Sales.
• Maintain and review customer credit accounts regularly in terms of changes to exposure and clients' credit profile in order to identify risks or opportunities for credit limit adjustments.
• Support with development and oversee implementation of credit risk management strategies and policies.
• Identify and analyze trends and patterns related to credit risk and provide recommendations to management for an informed decision on credit risk appetite.
• Outline mitigating measures for potential risks.
• Communicate with customers and prospects to explain credit parameters such as payment and leasing terms, required credit enhancements and other credit related topics.
• Possess in-depth product knowledge and be able to handle client objections and push-backs.
• Manage/improve the credit process by applying state-of-the-art credit tools and systems.
• Keep informed and proactively look out for technological improvements in the credit industry.
• Manage clients on credit watch list and ensure exposure is managed in line with management's risk appetite.
• Prepare concise and accurate reports and manage client databases (i.e. Moody’s CreditLens, Salesforce).
• Guide and support credit analysts, focusing on process improvement, training, and compliance, while providing oversight in a supportive capacity to departmental leadership.
• Act as SME (subject matter expert) related to credit risk management and financial analysis proactively providing strategic recommendations, guidance, and insight to credit analysts, departmental staff, Sales team, legal counsel, and senior management.
• Liaise with Senior management on regular basis to discuss critical accounts, bankruptcies, early credit warnings etc.
• Jointly work with internal and external counsel on clients that go through structured refinancing procedures (out of court), Chapter 11 or Chapter 7.
• Prepare account statements (e.g. pre-petition and post-petition) that can be used by counsel for legal filings.
• Liaise with internal Vehicle Remarketing team for potential (voluntary or involuntary) asset repossession and remarketing needs.
• Cooperate with legal and contract team to ensure contracts include relevant credit language (based on credit approval).
• Regular meet with Supply Chain and Accounts Receivables Managers to check clients with high level of undelivered assets and/or unpaid invoices.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field or equivalent work experience.
• 3-5+ years’ experience, including 2+ at a leadership level.
• Demonstrated proficiency in assessing creditworthiness, analyzing financial statements, and conducting credit risk analysis.
• Experience with credit policies, approval processes, and the ability to manage credit limits in a B2B (business-to-business) environment.
• Knowledge of fleet management industry practices, including leasing, maintenance, and fuel management for fleet vehicles preferred.
• Experience in collaborating with legal teams on structured refinancing, bankruptcy cases, and legal filings.
• Breadth and depth of technical or functional expertise in own area of responsibility or department; may be acquiring knowledge of other related areas of departments.
• Developing and implementing processes, methods, and tools to increase efficiency and accuracy.

Qualifications

• Education and/or Training: Bachelor’s degree in Finance, Accounting, or a related field or equivalent work experience.
• Additional education, certifications, or other distinctions are a plus.
• Proficient in various desktop tools including MS Office Programs (i.e. Outlook, Excel, Word, PowerPoint, Project, Visio, SharePoint etc.).

Skills

• In-depth product knowledge.
• Ability to handle client objections and push-backs.
• Management and improvement of the credit process.
• Communication with customers and prospects.
• Technical or functional expertise in own area of responsibility or department.
• Development and implementation of processes, methods, and tools to increase efficiency and accuracy.

Benefits

At Holman, we offer a comprehensive benefits package including health, vision, dental, life and disability insurance, a 401(k) with company match, paid time off (PTO), paid holidays, bereavement, and jury duty, paid pregnancy and parental leave, and supplemental paid military leave to eligible employees. Additionally, we offer tuition reimbursement.

Pay

We offer competitive wages that are commensurate with job-related skills, experience, relevant education or training, and geographic location, starting in the range of $105,500.00 - $149,700.00 USD annually for full time employees.

Schedule

Full-time position.