Credit Risk Specialist

Premium Plate, a TF Warren company, is a carbon, alloy, HSLA and stainless plate service center that specializes in providing the highest quality prime mill certified steel plate at a very competitive price! As a leading plate processor, we are focused on providing carbon and steel plate to service the tank, oil and gas, power generation, pressure vessel, wind energy, construction, marine and transportation industries. Using state of the art equipment operated by highly trained operators, we are able to provide quality parts, on time, at a cost-effective price to our valued customers.

Premium Plate is seeking to add a dynamic Credit Specialist to our amazing finance team!

Job Summary:

The successful Credit Specialist will manage the full scope of the credit process with our external customers. This position will examine, evaluate and process all loan applications and manage lines of credit as well as ensure status of collection and outstanding balance accounts are timely resolved. This is an in-office position located at 750A Viaduct Road in Chickasaw, AL.

Essential Duties and Responsibilities:

• Review credit applications and establish appropriate credit terms and limits
• Evaluate customer creditworthiness using credit reports, references, payment history, and financial information
• Maintain and periodically review customer credit limits and credit files
• Monitor customer credit exposure and payment trends
• Enforce credit limits and place accounts on hold when appropriate
• Review requests for temporary or permanent credit-limit increases
• Manage the collection of past-due balances
• Communicate with customers regarding delinquent invoices and payment commitments
• Prioritize collections based on aging, exposure, and credit risk
• Document collection activity and significant account issues
• Escalate high-risk accounts and coordinate outside collection or legal action when necessary
• Work closely with Sales to balance customer needs with appropriate credit discipline
• Communicate credit limits, holds, past-due balances, and credit concerns as needed
• Evaluate credit needs as customer business and sales volume grows
• Review accounts receivable aging and identify deteriorating payment trends or increasing exposure
• Monitor customers approaching or exceeding established credit limits
• Keep management informed of significant credit and collection risks
• Recommend changes to credit terms, limits, or account status as needed
• Assist controller with maintaining 12 week rolling cash flow projections
• Other duties as assigned to support business needs.

Share in our Core Values:

Our core values are the cornerstone on which we build our business, a belief that doesn’t change. They are the driving force behind our mission. These core values define our company’s culture and provide guidance for all of our daily business decisions. The values that we believe make our company great are:

• Safety is always our highest priority.
• Employees are our greatest strength.
• Committed to customer satisfaction.
• Act with integrity.
• Strive for excellence.
• Deliver positive results.
• Perform with a sense of urgency.
• Be socially and environmentally responsible.
• Lead by example.
• Train for improvement.
• Innovate for better solutions.
• Never give up.

Competencies/Education/Experience:

• Associate’s or Bachelor’s degree in Accounting, Finance or related field preferred
• NACM or CMA certification(s) will be given priority
• 5 or more years’ experience in commercial credit and B2B collections required
• Experience in metals, industrial distribution, manufacturing, or a related industry preferred
• Strong understanding of commercial credit and risk management
• Proven ability to evaluate creditworthiness and make sound credit decisions
• Strong communication, negotiation, and collection skills
• Sound judgment with the ability to balance sales growth with credit risk
• Strong organizational and analytical skills
• Ability to prioritize collection activity based on aging, exposure, and risk
• Experience with ERP systems and credit reporting tools
• Proficiency with Microsoft Excel
• Strong attention to detail and follow-through
• Ability to communicate effectively with customers, Sales, leadership, and internal departments

Other Requirements:

• Ability to lift up to 25 pounds in both office and field environments
• Ability to work overtime as need to support business needs

Required Travel:

• This is an in-office position at our 750A Viaduct Road in Chickasaw, AL office. This position will have minimal travel expectations.

We celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an Equal Opportunity Employer! All qualified applicants will receive consideration for employment and if hired, will work in an environment that does not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other legally protected status. Reasonable accommodations are available for qualified individuals with disabilities throughout the application and employment process.