Sr Credit Risk Manager

Daikin Applied
medical insurance, life insurance, vision insurance, parental leave, paid time off, paid holidays, sick time, tuition reimbursement, 401(k), retirement plan

13600 Industrial Park Boulevard (Show on map)
Jan 08, 2025
Make your mark at the world's largest HVAC company Daikin Applied is seeking a talented and eager Sr Credit Risk Manager. The Sr Credit Risk Manager is responsible for the evaluation and mitigation of credit risk within the organization including the day-to-day management of the risk team. You will develop and implement risk management strategies and policies to minimize potential threats and losses. Come be a part of an exciting journey at Daikin Applied, where innovation and excellence drive our every endeavor! Location: Plymouth, MN, Hybrid What you will do: Develop policies, processes, and procedures associated with credit risk and the evaluation of credit worthiness Complete project financial/risk analysis by assessing the risk of the Mechanical Contractor, General Contractor and Owner including determination of public or private financing Understand bond and lien rights by state and evaluates project risk accordingly Work with sales teams and assist contract manager with review of customer terms and conditions Manage bankruptcy and legal issues Trains all new credit staff in all areas of risk management Collaborates with internal and external business stakeholders to implement effective risk management strategies Provides final credit approval of all equipment orders Monitors the hold status of open orders Negotiates with customers and/or reps to secure payments before filing liens, working with legal experts on complex cases What's in it for you: Medical/Dental/Vision coverage, PTO, 401K match, support for community involvement and much more The ability to make an impact and shape your career with a company that is passionate about growth The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best Minimum Qualifications: Bachelors Degree 6+ years of experience in financial risk management or related field 5 years of direct professional experience in credit including experience with bond and lien law and applicable filing processes 5+ years of experience leading people in a management role Work visa sponsorship is not available for this position Preferred Qualifications: 8 years of construction or building material manufacturing industry credit risk experience Benefits: Daikin Applied offers the following benefits for this position, subject to applicable eligibility requirements: Multiple medical insurance plan options + dental and vision insurance 401K retirement plan with employer contributions matching 100% of the first 3% of employee contributions and 50% on the next 2% of employee contributions Company provided life insurance + optional employee paid voluntary life insurance, dependent life coverage and voluntary accident coverage Short-term and long-term disability 3 weeks of paid time off for new employees + 11 company paid holidays Vacation accrues on a monthly basis, unless applicable federal, state and local law requires a faster accrual Paid sick time in accordance of the federal, state and local law Paid parental leave and tuition reimbursement after 6 months of continuous service The typical annual base salary for this position ranges from $100,000- $150,000 in Plymouth, MN. The range displayed represents the pay range for all positions in the job grade which this position falls. Individual base pay will depend on a wide range of factors including your skills, qualifications, experience, and location.