Credit Manager
Company: Penske
Location: Reading
Posted on: October 27, 2024
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Job Description:
Job Summary The role will be responsible for managing
underwriting credit transactions for Penske Truck Leasing and
Penske Logistics, performing credit due diligence, financial
statement analysis, business & industry risk assessment and
preparation/presentation of requisite credit write-ups. Ability to
oversee prudent credit decisions, structure transactions
adequately, and communicate same to internal and external customer
to maximize collectible revenue for the company. Significant
written and verbal interaction with internal and external customers
on a daily basis. Major Responsibilities: Interface with the
Genpact Credit Team. This will include conference calls with the
Team leader to address any concerns and provide training. Primary
processor of Penske Logistics credit requests. Secondary processor
of Penske Truck Leasing credit requests. Mentor Senior Credit
Analysts Process security deposit refunds Review and edit higher
level approval write-ups Interface with Sales organization
regarding credit decisions and deal structuring Qualifications:
Bachelor's Degree required Accounting/Finance preferred Minimum 5
years credit and financial statement analysis experience,
preferably in transportation equipment leasing. Intermediate to
advanced ability to understand and analyze financial statements
Strong written and verbal skills Ability to interface with all
levels of management both internally and externally Advanced MS
Word skills Advanced ability to understand and familiarity with
D&B and other credit reports Advanced deal structuring ability
to make the best possible underwriting decision Advanced Excel
skills Regular, predictable, full attendance is an essential
function of the job Willingness to travel as necessary, work the
required schedule, work at the specific location required, complete
Penske employment application, submit to a background investigation
(to include past employment, education, and criminal history) and
drug screening are required. Physical Requirements: The physical
and mental demands described here are representative of those that
must be met by an associate to successfully perform the essential
functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential
functions. The associate will be required to: read; communicate
verbally and/or in written form; remember and analyze certain
information; and remember and understand certain instructions or
guidelines. While performing the duties of this job, the associate
may be required to stand, walk, and sit. The associate is
frequently required to use hands to touch, handle, and feel, and to
reach with hands and arms. The associate must be able to
occasionally lift and/or move up to 25lbs/12kg. Specific vision
abilities required by this job include close vision, distance
vision, peripheral vision, depth perception and the ability to
adjust focus. Penske is an Equal Opportunity Employer. About Penske
Truck Leasing Penske Truck Leasing Co., L.P., headquartered in
Reading, Pennsylvania, is a partnership of Penske Corporation,
Penske Automotive Group and Mitsui & Co., Ltd. A leading global
transportation services provider, Penske operates a premier fleet
of vehicles and serves its customers from locations in North
America, South America, Europe, Australia, and Asia. Penske's
product lines include full-service truck leasing, contract
maintenance, commercial and consumer truck rentals, used truck
sales, transportation and warehousing management and supply chain
management solutions. Visit www.GoPenske.com to learn more. Job
Category: Risk Management/Safety Job Family: Common Address: 100
Gundy Drive Primary Location: US-PA-Reading Employer: Penske Truck
Leasing Co., L.P. Req ID: 2315200 Date posted: 10/18/2024
Keywords: Penske, Lancaster , Credit Manager, Professions , Reading, Pennsylvania
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