Credit Manager - Cat Card

Career Area:

Finance

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Our common values and focus on inclusion and respect drive the decisions made by our company, teams and people. This is why we are committed to hiring and building diverse teams representative of the customers we serve globally. When you join our team, you can apply your unique life and job experiences and work in an environment where your ideas are heard, your contributions are celebrated, and your whole-self matters.

About Cat Financial

Cat Financial is a subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For more than 40 years, Cat Financial has provided a wide range of financing solutions to customers and Cat dealers for machines, engines, Solar gas turbines, genuine Cat parts and services. Headquartered in Nashville, Tennessee, Cat Financial serves customers globally with offices and subsidiaries located throughout North and South America, Asia, Australia, Europe and Africa. Visit cat.com to learn more about Cat Financial.

Role Definition

• Lead and Implement credit practices, policies and procedures to maximize the effectiveness of the company's finance plans in promoting the retail sale or lease of Caterpillar products through Caterpillar dealers and Original Equipment Manufacturers (OEM), and promote wholesale finance plans for Caterpillar dealers and OEM's all within acceptable risk levels.

Responsibilities

• Manages credit investigation activities, including credit analysis, evaluation and rating of customers and dealers for all the Line Unit credit requests.

• Leads financial analysis and risk assessment on new accounts; coordinates with underwriting and structuring of credit requests.

• Oversees existing workflow and finds opportunities to reduce costs and risks, while adhering to related policies and procedures.

• Monitors negative credit trends and adverse signs in existing account quality; recommends preventive actions.

• Train and mentor credit analysts to improve their analysis technique and depth, to enhance the risk assessment and propose mitigants.

• Review and approve credit requests up to his/her credit authority limit and recommends approval to higher credit authorities.

Role Requirements:

• Knowledge of techniques and tools that promote effective analysis.

• Ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.

• Ability to interpret and convert data into visual management.

• Approaches a complex problem by breaking it down into its component parts.

• Chooses among a diverse set of analytical tools according to the nature of the situation.

• Conducts credit analysis for individuals and business entities.

• Contributes to the establishment of best practices in credit analysis and verification.

• Advises others on the use of technology in strategic credit analysis policy management.

• Evaluates financial statements for multiple industries and sizes of companies.

• Analyzes and interprets multi-year financial statements; highlights key changes.

• Documents the key steps of a unit-specific risk management process and associated procedures.

• Assists in identifying areas of organizational risk that may result in non-compliance.

• Researches regulatory changes that are critical to maintaining organizational compliance.

Desired Experience/Skills:

• Strong background in unsecured credit and financing.

• Previous experience with managing a large cross functional team with multiple direct reports.

Degree Requirement:

• 4 years bachelor degree in Business or Finance.

Additional Information:

• This role is a hybrid position and would require any successful candidate to commit to a 3 day per week in office requirement.

Relocation is available for this position.

Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S which can be found through our employment website at www.caterpillar.com/careers.

Posting Dates:

June 18, 2024 - June 28, 2024

Any offer of employment is conditioned upon the successful completion of a drug screen.

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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