Credit Risk Specialist
Current- Review new account orders to determine creditworthiness, fraud risk, and authenticity of new and existing customers to minimize slow payments or bad debt write-offs.
- Analyse key factors about the business to determine the level of investigation required (e.g., company data, credit score, SIC code, founded date, demographics, economic conditions, existing payment trends).
- Pull and analyse credit data from various sources to validate businesses.
- Accounts requiring more in-depth investigation, contact customer for information.
- Document key credit information for future reference & update credit/fraud databases.
- Communicate with customers to provide an explanation of findings and, when possible, offer alternative payment methods and options to process pending orders.