Senior Credit Analyst (Remote)

Obtain and analyze financial information on current and potential customers across all Medline core business units. Determine the degree of risk involved for credit authorization while maximizing the opportunity to garner sales and collateralization.

Conduct comprehensive analysis of customer's financial position to ensure viability of the customer and take appropriate secured positions in marginal customers or transactions.

Analyze financial information such as Profit and Loss Statements, Balance Sheets, Cash Flow Statements, tax returns, Business Principal Reports and credit reports to ensure the customer qualifies for the credit line requested.

Utilize 3rd party tool for credit scoring and for periodic and routine credit reviews. Determine applicable Security and coordinate efforts with Sales and Customers to obtain necessary information.

Prepare and distribute Monthly and Quarterly reports including Bad Debt, P-Note, Lease, Consignment, Loan, and LC report.

Monitor and audit monthly consignment billing to mitigate risk.

Determine and administer all UCC1 and UCC3 (Uniformed Commercial Code) articles of incorporation filings facilitated by Master Lease Agreement, Security Agreement and Installment Payment plan agreement.

Confirm the legal entity, preparation of documentation and timely filing.

Create Master Credit Accounts for multiple facilities to utilize one 'Parent' credit limit. Audit and ensure the facilities are correctly supported by proper documentation and or Security Instrument.

Perform extensive research and verification for multiple facilities and structure to ensure sharing of the credit line has been applied correctly.

Discuss Irrevocable Standby Letters of Credits / Documentary Letters of Credit with Financial Institutions, Customers, and Sales when required to secure a credit line.

Interpret and approve the terms and conditions defined on the Letter of Credit to ensure compliance. Direct the verbiage in accordance to our policy and issued with limited conditions for draw down.

Responsible for taking appropriate action when exercising the Draw against Letters of Credit. Manage renewal of LC’s before expiration and coordinate with the team to manage all L / C’s are properly and securely stored in the bank safety deposit box.

Approve and determine if a customer qualifies for an extension of payment terms. Analyze all financial data, initiate discussions with sales about volume and profitability requirements, and any established historical data.

Work with Sales and AR services to resolve accounts which are delinquent or beyond the payment terms requested to achieve desired results.

• Conduct credit analysis and approvals of other sectors of Medline's business as required. Ascertain credit worthiness for all of Medline's Core Business Units, and formulate options or financing programs to promote and optimize sales opportunities.
• Provide documentation to Sales Administration to ensure the integrity of commissioned dollars to ensure prompt and accurate payment to the Sales Staff.

Serves as Auditor of transactions to confirm whether compensation is realized.