Credit Analyst II (Onsite-Plano, TX)

Position Summary

This role is not eligible for immigration sponsorship

Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States—investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we’re creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd.
To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.

Role and Responsibilities

Position Summary

The employee will manage an assigned portfolio of accounts, applying the company’s credit practices and procedures. The employee will be responsible for continuous monitoring of their account portfolio, ensuring that credit limits are sufficient, alerting team leads to financial downturns, and suggesting credit actions or other risk-mitigating solutions. The employee will also be responsible for the initial risk analysis and setup of new accounts, working with various external teams to ensure appropriate documents are collected and accurate. Additionally, the position will require reporting both assigned and ad hoc reports that will be distributed within the group as well as to a broader audience.

Key Responsibilities

• Manage the commercial credit risk for an assigned portfolio of accounts (40-60 accounts)
• Complete credit reviews and assigned tasks on a timely basis
• Use credit risk analysis skills along with available risk assessment tools and third-party data to analyze and recommend limits for existing and new account requests
• Build strong relationships with: the Customer for periodic financial updates; Sales for forecasts and business needs; Legal to ensure proper documents are in place; Collection to ensure payments are made promptly; and ongoing interaction with Tax, Accounting, Order Management, and Supply Chain
• Contribute to workflow improvements within the Credit Risk team
• Assist in producing and maintaining recurring credit risk reports, including: End of Month, Watch List, AR Forecast, Quarterly Report, Aged Trial Balance, Coface Rating, UCC Quarterly, Inventory Finance rates

Skills and Qualifications

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business, or Economics
• Minimum 4-6 years in a similar field or related work experience
• Strong financial statement analysis, liquidity analysis, and risk assessment skills
• Knowledge of hedging options such as AR trade insurance, inventory finance, UCC liens, Letter of Credit, and cash collateral. Experience with D&B reports and other trade data is a plus
• Knowledge of bank facility structure, covenants, ABL, interest rates, and bank trade references
• Experience with SAP or similar ERP system preferred

Necessary Attributes & Skills

Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/

Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/

Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 12 months), Paid Time Off, Student Loan Program (after 12 months), Wellness Incentives, and many more.  In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, b