OverviewFederated Co-operatives Limited Credit Supervisor (Temporary, up to 15 months) Temporary in Saskatoon, SK
Federated Co-operatives Limited
Branch Saskatoon SK CA
Credit Supervisor (Temporary, up to 15 months)
Federated Co-operatives Limited (FCL) is a diverse business operating in the agriculture, food, energy and home and building sectors….
Federated Co-operatives Limited (FCL) is a diverse business operating in the agriculture, food, energy and home and building sectors. Based in Saskatoon, Sask., FCL is owned by independent retail co-operatives from across Western Canada that are committed to local investment, community mindedness and lifetime membership benefits. FCL is involved in wholesaling and manufacturing, including refined fuels and lubricants. It also provides administrative and marketing support to its member-owners. For more information, visit www.fcl.crs .
The Co-operative Retailing System is a network composed of Federated Co-operatives Limited (FCL) and over 200 independent retail co-operatives that help build, feed and fuel individuals and communities in Western Canada. From Vancouver Island to northwestern Ontario and into the Arctic, retail co-ops serve 1.8 million active members and many more customers at 2,500 locations. FCL centrally supplies and supports these retail co-ops. By working together under the CO-OP® brand, we are all committed to local investment, community mindedness and lifetime membership benefits. For more information, visit www.coopconnection.ca .
FCL invites applications for the position of Credit Supervisor in our home office located in Saskatoon, Saskatchewan.
Under the leadership and direction of the Credit Manager, the Credit Supervisor is responsible for managing and developing strategies to mitigate the credit risk for the organization through the approval of credit applications and by regularly reviewing customer information which includes reviewing their financial statements, credit information and industry trends. Tracks department performance using key metrics and analyzes the results to recommend improvements in processes and procedures to the Credit Manager for inclusion in report to Finance Director. Supervises and manages the Credit Clerks and the daily processing tasks of the Department, including payments, applications, and required record keeping and reporting.
Reporting to the Credit Manager, responsibilities for this position include the following:
Perform and directs regular and ongoing reviews of customer portfolios to ensure the current credit risks are understood and appropriately mitigated if necessary.
Maintain accurate, timely and comprehensive customer credit files including but not limited to; financial statements, reference information, and payment history.
Work with and coach credit staff on providing superior customer service to external and internal customers regarding questions and concerns they may have about the portfolio.
For new applications and customers seeking a credit extension or different terms, review, analyze, update, and negotiate with the customer to develop the appropriately structured agreement to mitigate the credit risk of the new application for an account or the current account.
Work with Credit Manager to determine credit worthiness and security required on high risk accounts.
Provide recommendations and work with the Credit Manager to come up with terms and conditions for accounts with credit limits higher than $500K or of high risk.
Provide direction and supervision to credit staff to maximize work flow. Evaluate current processes and procedures for efficiency improvements and provide recommendations on technology improvements.
Oversee the maintenance and upkeep of the securities held by FCL. Review and maintain requests for renewals or increases to security as necessary based on review of account and professional judgment. Takes appropriate actions when securities are not renewed.
Prepare risk and area-specific metrics for submission to the Credit Manager. In discussion with the Credit Manager, be aware of any issues or accounts that may affect the risk level of the portfolio.
Other duties as assigned.
The successful candidate will have a Bachelor Degree in Accounting and 5-7 years of accounting experience including 3-5 years of experience in credit analysis, collections and finance. A professional accounting or CCP designation required. Professional accounting designation preferred. Knowledge and understanding of IFRS and ASPE financial reporting standards.
A combination of relevant education and experience may be considered.
FCL offers a competitive salary, ongoing personal and professional development, and the opportunity to work with one of western Canada’s most successful organizations.
We thank all candidates for their interest, however, only those selected for an interview will be contacted.
Employment Type: Temporary
Location: Saskatoon, SK, CA
Posted on: 2017-11-17