Credit Portfolio Manager

Join PaychexPaychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.Position OverviewThis position is primarily responsible for monitoring asset quality and assisting with the administrative functions of the Advance Partners portfolio relationships. The incumbent will perform underwriting and evaluations of existing relationships, presentation of annual reviews, and renewals, in addition to financial statement and other documentation collection, reporting, and monitoring.ResponsibilitiesMonitors the asset quality and administrative functions of assigned portfolio to identify potential risk areas and address accordingly.Reviews existing customer setup requests for credit approval based on available research information to ensure only qualified debtors are approved and appropriate credit limit is set.Performs annual client reviews to analyze creditworthiness, identify key credit issues, and prepare full written analysis.Identifies, recommends, and implements strategies to reduce the risk of loss to the company in deteriorating client situations and upon review, recommends risk rating changes.Participates in weekly Credit and Debtor meetings for assigned relationships to coordinate and discuss potential escalating credit issues.Monitors interim financial statements and trends within the industry relative to debtors in the portfolio to proactively identify any risk areas for mitigating action plans or continued monitoring.QualificationsBachelor's Degree in Business, Finance or Accounting related - Required5 years of experience in banking/finance/accounting environment with emphasis on commercial credit.CompensationIn the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $65,600 - $103,100 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.Live the Paychex ValuesAct with uncompromising integrity.Provide outstanding service and build trusted relationships.Drive innovation in our products and services and continually improve our processes.Work in partnership and support each other.Be personally accountable and deliver on commitments.Treat each other with respect and dignity.What's in it for you?We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.