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Area Credit Manager Job
Paccar | Chino, California
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Job Description

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and also provides customized financial services, information technology and truck parts related to its principal business.
Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services — you can develop the career you desire with PACCAR. Get started!

Division Information

PACCAR Financial (PFC)
PACCAR Financial facilitates the sale of premium-quality PACCAR vehicles in 20 countries on three continents worldwide by offering a full spectrum of creative, flexible financial products and value-added services specifically tailored to the transportation industry. 

Requisition Summary

Directs, reviews and approves the credit and finance activities for PACCAR Financial in Canada, ensuring compliance with PFC policies, procedures and objectives. This position is located in Toronto (On).

Job Functions / Responsibilities

  • Achieve PACCAR’s Credit goals targeting minimum credit losses and past dues.
  • Performs credit analysis on end customer and dealer financing requests and decide upon requests within delegated credit authority in a timely manner to foster the sale of PACCAR products.
  • Recommend financing requests for end customers and dealers and actions exceeding assigned authority.
  • Ensure that financial statements from end customers are obtained in a timely matter and evaluate financial stability ongoing.
  • Actively communicate with internal and external stakeholders including PFC senior management, dealership personnel, and end customers, with a focus on obtaining the necessary information to complete a credit analysis.
  • Restructure distressed accounts and complete the Credit Quality Disclosurement analysis.
  • Determine audit frequency and oversee that dealer flooring audits are performed as required.
  • Manage an Area Credit team with 5 direct reports.
  • Develop and promote effective teamwork between Credit and the Sales, Collection and Administration staff.
  • Ensure accurate and timely reporting.
  • Manages self independently with remote and non-direct supervision.
  • Work with IT and other internal departments to develop, enhance and implement Credit Scoring and data analytic tools.
  • Keeps abreast of credit and finance industry regulations, requirements and trends, competitor activities.

The Area Credit Manager reports directly to the Director of Credit PFC and indirectly to the Region Manager.

Qualifications & Skills

  • Five to eight years of solid commercial (heavy equipment) lending experience required; truck financing preferred.
  • Minimum five years credit management experience required, including workout experience.
  • Excellent analytical skills.
  • Strong oral and written communication skills, strong presentation skills.
  • Excellent negotiating skills; strong leadership skills.
  • Strong planning, organization and decision-making skills.
  • Collection experience strongly desirable.
  • Ability to interact effectively with customers and dealers.


  • Bachelor’s degree in finance, business or related field required; Masters degree strongly preferred.

Additional Job Board Information

PACCAR is an Equal Opportunity Employer/Protected Veteran/Disability.

About Paccar

PACCAR Inc, operates through two segments: design, manufacture and distribution of light-, medium- and heavy-duty trucks and related aftermarket distribution of parts, and finance and leasing services provided to customers and dealers. The Company's finance and leasing activities are principally related to Company products and associated equipment. Other manufactured products include industrial winches. The Company and its subsidiaries design and manufacture heavy-duty diesel trucks, which are marketed under the Kenworth, Peterbilt and DAF nameplates. The Truck and Other businesses include a division of the Company, which manufactures industrial winches in two United States plants and markets them under the Braden, Carco, and Gearmatic nameplates. In North America, Australia and 16 European countries, the Company provides financing and leasing arrangements, principally for its manufactured trucks, through wholly owned finance companies operating under the PACCAR Financial trade name. (Source: 10-K)

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