Credit Analyst Senior
Resume:
DON PANUSH
Director of Credit –Senior Credit Analyst
*********@*****.*** •
PROFESSIONAL SUMMARY
Director of Credit//Senior Credit and Collections Analyst with over 30 years of extensive expertise in financial analysis and credit management, known for transforming complex financial data into strategic insights. Skilled in managing large portfolios and fostering strong client relations, delivering innovative solutions that significantly reduce collection costs. Maintains close relationships with financial institutions and manufacturers, enabling proactive alerts on account deteriorations, saving clients substantial money and providing a competitive edge.
EMPLOYMENT HISTORY
DIRECTOR OF CREDIT/SENIOR CREDIT ANALYST June 2007 - Present
Credit InternationalCarle Place, NY
• Performed in-depth financial reporting on public and major private companies with detailed analysis on company's financial condition including key ratios, bank trade and trend analysis & dialogued results to a wide-range client base.
Created Risk List Report focusing on problematic and marginal accounts
Assigned credit lines to all clients in a diversified of industries
Provided expertise and guidance to our clients regarding their customers with the possibility of exceeding credit lines and
Discussed alternatives while solving various issues and discussing concerns.
HEAD CREDIT ANALYST / CHIEF FINANCIAL REPORTER JUNE,2003-JUNE.2007
BERNARD SANDS LLC
• Increased client base by marketing credit and collection advisory services.
• Upgraded analytical credit reports, personalizing them for individual client needs.
Established Credit lines for subscribers
Alerted clients to troubled retailers saving potential significant losses
ASSISTANT VICE PRESIDENT / SENIOR RETAIL CREDIT ANALYSTMay,2002 March,2003
GMAC COMMERCIAL FINANCENew York, NY
• Managed a $100+ million portfolio for East Coast retail customers, maintaining a loss ratio well below the company's average.
• Provided direction to collection staff.
• Reduced collection costs through the elimination of outside collection agencies.
• Provided the Senior Credit Review Committee with ongoing special reports on key accounts.
SENIOR CREDIT ANALYST
CONNECTICUT BANK OF COMMERCE, Factoring DivisionJan. 2001-May,2002
New York, NY
• Managed a $100 million portfolio consisting of wholesale and retail customers in a broad range of industries (manufacturing, retailing, and distribution).
• Monitored and restricted credit approval on two major accounts based upon information researched from confidential sources. Results: potential loss prevention in the six-figure range.
• Overrode existing D&B ratings on a "selected" retail sector and extended credit based upon individual investigations.
CREDIT MANAGER
AEROSOLES, INC.Sept. 1999-Nov.2000
Edison, NJ
• Credit and collection management responsibility for a manufacturer of women's and men's footwear. Portfolio: $135 million of department stores and other retailers.
• Managed an in-house collection staff as well as three outside collectors. Assisted Chargeback Supervisor.
• Introduced a new and more aggressive credit and collection system projecting greater cash flow and reduced DSO.
• Upgraded the skills of collection personnel resulting in improved aging.
SENIOR CREDIT ANALYSTMay,1997—June,1999 –
ROSENTHAL & ROSENTHAL, INC.New York, NY
• Shared responsibility for the management of a $150 million portfolio in the Wholesale Home Furnishings division.
• Negotiated terms and conditions with buyers and agents of home furnishings in the institutional and hospitality industry.
• Approved credit for shipment of orders by mills, jobbers, converters, and furniture manufacturers with only minimal informational resources.
• Established new clients by soliciting mills, converters, and manufacturers.
• Supervised collection staff, maintaining aging’s at below average levels.
SENIOR CREDIT ANALYST / ASSISTANT TREASURERJune, 1988 – May,1997
GMAC COMMERCIAL CREDIT CORP./FORMERLY BNY FINANCIAL CORPORATIONNew York, NY
• Analyzed major national retail operations, evaluated their creditworthiness through financial statement analysis, detailed cash flow, and projection forecasts.
• Managed a $100+ million portfolio.
• Retained $100 million in accounts through improved client services.
• Maintained write-offs at lowest industry level.
• Eliminated outside collection agencies.
CREDIT ANALYSTJan .1982 – March,1988
CIT FACTORING GROUP/MEINHARD COMMERCIALNew York, NY
EDUCATION
Lehman CollegeBronx, NY
Completed courses in Financial Statement Analysis, Retail Credit, NY Institute of Credit
SKILLS
Financial Analysis, Credit Management, Portfolio Management, Client Relations Analyst, Problem Solver, Microsoft Office, Word, Excel and Outlook.
References available on request
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