The position performs a variety of administrative duties for members of the Commercial Loan Department and requires proficiency with computers, and the ability to handle highly confidential information. The Commercial Credit Coordinator will valuate and process credit applications, including performing credit checks and analyzing financial statements to determine the creditworthiness of individuals and businesses. The position will also assist in establishing and maintaining credit limits for new and existing customers based on credit analysis and risk assessment.
A Commercial Credit Coordinator will ideally hold a Bachelor’s Degree in Finance, Business Administration, or a related field, with coursework in accounting, economics, and financial management being advantageous. An Associate’s Degree or specific college coursework to enhance their understanding of credit principles, financial analysis, and legal aspects of credit management will be of interest. New college graduates are encouraged to apply.
This position requires a keen eye for detail and a strong understanding of financial principles to assess creditworthiness, set credit limits, and manage credit terms that align with the company’s policies.