Associate Credit Analyst

Associate Credit Analyst

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone.

The Opportunity:

Associate Credit Analyst is responsible for reviewing and updating new and existing customer credit files, requiring analytical, quantitative and technical skills. Will consult with the Manager and/or Senior Manager as needed to review the progress of various projects and the overall status of the department. He/she will: 1.) release orders based on credit availability, 2.) analyze financial statements in conjunction with credit risk analysis, 3.) determine overall credit worthiness, and 4.) implement credit-related policies as appropriate.

• Handle portfolio of assigned accounts.
• Gather and analyze credit and/or other data to determine impact on business operations, as appropriate.
• Make recommendations for credit limits based on availability of credit insurance, LG payment history, trade references, third party sources, and other credit tools, as applicable.
• Evaluate and implement internal and external credit scoring models using both traditional and other predictive technologies.
• Participate in and contribute to projects to develop recommendations for credit policy, credit/data support systems and provide revenue, cost, delinquency, and loss forecasts.
• Interface with customers and other departments to develop strategies to prevent problems and develop solutions to correct existing problems.
• Represent the department at sales meetings to educate sales people and/or customers about LG credit policy.
• Visit customers as required to evaluate operations, maintain a relationship, and/or obtain financial statement data.
• Pursuit of the Certified Credit Executive designation through NACM.
• Complete other related duties as assigned.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• No formal experience is required, but must have basic knowledge and understanding of financial statements.
• Motivated for working as a credit analyst, building knowledge and understanding of financial statement analysis and credit work responsibilities.
• Strong organizational, analytical, problem-solving, verbal and written communication skills.
• Proficiency with MS Office (Word, Excel and PowerPoint) is a must.

Benefits Offered Full-Time Employees:

• No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
• Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
• Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
• Performance based Short-Term Incentives (varies by role).
• Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
• Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
• Group Rate Life and Disability Insurance.

Benefits Offered Temporary/Contractors:

• Eligible for the relevant benefit programs offered through our partner agencies.