Diane Beresford
Monroe,New Jersey
Summary
Dynamic Regional Credit Manager at Cooper Electric with a proven track record in client relationship management and portfolio oversight. Successfully implemented credit policies that reduced default rates and enhanced team productivity. Skilled in cash flow projection and negotiating terms, driving revenue growth while managing risk effectively.
Overview
29
29
years of professional experience
Work History
Regional Credit Manager
Cooper Electric
04.1995 - 07.2024
- Established strong relationships with key customers, fostering open communication on credit issues and concerns.
- Managed a diverse loan portfolio while adhering to strict credit quality standards and regulatory guidelines.
- Coordinated cross-functional teams in order to implement new policies designed to reduce overall default rates within the region.
- Assisted in the development of annual budgets by providing accurate forecasting of expected loan losses based on historical data analysis.
- Collaborated with sales teams to balance risk and revenue growth, aligning credit policies with business objectives.
- Negotiated favorable payment terms with high-risk clients, mitigating potential financial exposure.
- Enhanced team productivity, providing ongoing training and guidance to credit analysts and support staff.
- Improved regional credit performance by developing and implementing effective credit management strategies.
- Work cross-functionally with sales, management, and other departments to maintain effective operations.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Attended ongoing professional training to facilitate accurate and productive credit management.
- Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
- Kept records of customers' charges and payments.
Education
Bachelor of Arts - Special Education
Kean University
Union, NJ05-2006
Skills
- Client Relationship Management
- Creation of Credit Policies
- Portfolio management
- Cash Flow Projection
- Credit reports
- Application processing
- Client relationship management
Timeline
Regional Credit Manager
Cooper Electric
04.1995 - 07.2024
Bachelor of Arts - Special Education
Kean University
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