Credit Associate Cover Letter

I submit this application to express my sincere interest in the credit associate position.

In the previous role, I was responsible for reasoned, informed and balanced credit decisions within the limitations of delegated personal underwriting authority and within the Credit Policies.

Please consider my experience and qualifications for this position:

• Awareness of general accounting and vat procedures
• Minimum of GCSE’s or equivalent in English and Maths at grade C or above
• Understanding of risk management, preferably of market and / or credit risk and/or Liquidity and/or Capital, gained either as a risk practitioner in a major bank or financial institution, or as an internal or external auditor of a major bank or financial institution
• Understanding of the regulatory landscape impacting the risk management function ( e.g Basel, the FED Rules and the European implementation rules)
• Research, analyze, and report on CMBS transactions, including an investigation of potential default or loss scenarios for underlying real estate loan collateral
• Able to work well with every level both internal and external customers
• Write queries in Access and Siebel
• Proficient with ECM and RNT to assist with departmental questions and concern

I would like to submit my application for the credit associate opening. Please accept this letter and the attached resume.

Previously, I was responsible for information on accounts as needed to enable the Supervisor, Credit/Accounts Receivable and Manager, Credit and Financial Analysis to make informed decisions.

Please consider my experience and qualifications for this position:

• Thorough understanding of various business and personal financial statements, tax returns, and ownership of business
• Experience with Small Business Underwriting
• Requires experience in small-medium ticket and/or large ticket equipment finance
• Requires financial statement spreading and analyisis
• Requires a firm understanding of risk acceptance criteria, risk scorecards, and portfolio risk analysis
• Requires experience in engaging in credit review and approval of small and large ticket equipment financing transactions
• Systems proficiency in Microsoft with SAP experience preferred
• Intermediate understanding of retail credit practices (credit cards preferred) and credit business P&L drivers

Please consider me for the credit associate opportunity. I am including my resume that lists my qualifications and experience.

In my previous role, I was responsible for superior customer service to internal and external customers including, field sales offices, clients, other RHI organizational units and members of the Credit Department while adhering to corporate policies and procedures.

My experience is an excellent fit for the list of requirements in this job:

• Potential direct impact to financial strategy and activities
• Knowledge of the Company''s financial policies and procedures including Standard Practices and Procedures, Standard Accounting Codes, Reporting And Budgeting, Code of Business Conduct, ISSCOM, internal policies and procedures specific to area of responsibility
• Knowledge of the policies and procedures for storing and retaining financial, non-financial, and company documents
• Knowledge of proper procedures for obtaining credit decisions including ensuring accurate and complete information is posted to make appropriate credit decisions
• Credit designation an asset
• Experience in areas with a focus on sales and business development with a strong interest in serving customers is preferred
• Experience in merchant risk
• Mechanic’s lien and bond laws experience preferred

Please consider me for the credit associate opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for strategic guidance and recommendations for the establishment of and changes to credit programs, policies and procedures to ensure credit risks are mitigated for the retail, wholesale, commercial and industrial customer portfolios.

Please consider my qualifications and experience:

• Writing the credit application and monitoring total group exposures
• Preparing and submitting internal rating proposals
• Participation in structuring of transactions to accommodate the requirements of both the bank and its clients
• On-going monitoring of a portfolio consisting of financial institution clients throughout the EMEA region (ex-France)
• Managing the credit process, including obtaining credit approval within deadlines
• Provision of support to the relevant Coverage teams in circumstances where full recovery of our debt is unclear, including formal work-outs
• Reporting into Head of FI Client Credit Team, London
• Provision of support to Head of FI Client Credit Team, London in respect to ad hoc projects and wider team support covering holiday absence and peaks in workflow

I am excited to be applying for the position of credit associate. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for regulators and auditors with information needed to assess company’s compliance with loan review policies and procedures and reserve adequacy methods.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• College graduate with basic accounting skills
• Technical skills advanced Excel or with coding or skills
• BA/BS in Business, Finance or Accounting or related field
• Successful interaction and negotiation with customers
• Credit for Agriculture sector/Farm Credit
• Able to interpret and analyze datasets to drive informed decisions
• Able to work efficiently and collaboratively with others to resolve issues in a timely manner
• Successful completion of formal credit training program preferred, but not necessary