Great Entry-Level experience in the World of Commercial Credit
Pros
New leadership (Credit Director) took over a few months before I joined in July of 2021. His vision for the department has benefited existing employees and new hires alike. Training consisted of shadowing teammates and then completing my own work with supervision. This was very effective as I fully eased into my role within the first 2 weeks of being on the job. Teammates are great people and are always willing to help out. A few of them even became friends. Hybrid schedule is beneficial, especially when the weather is bad/if you’re sick. Work/life balance is great (Don’t have to worry about job outside of 8-5). Work isn’t very stressful at all & management is receptive to new ideas/process improvements. Plan was to learn & grow within the credit department, carving out a career path along the way. Gained a tremendous amount of experience & the opportunities to learn within the Credit Associate role were endless.
Cons
Overall, working in the Credit Department at ASSA ABLOY is a fairly enjoyable experience. However, there are a few issues holding the department back from reaching its full potential. - Pay is low, especially for recent graduates in this current job market. This makes retaining post-grad talent difficult. - Work can be tedious & boring, especially if you’re not interested in credit/collections. This is especially true when starting in Shared Services, as much of the role consists of processing/admin work. - Remote work has the potential to be a lot better. Virtually all of our job responsibilities could be completed in a remote setting. Current set up is 3 days in office, 2 days remote. Teammates who worked remotely through COVID were upset upon the return to the office. Very little of the team lives in the Monroe area, so many of commute 30-90 minutes per day to get to work. To many of us, coming into the office felt redundant. - Getting things processed or changed at the department level seems to take longer than it should. Sometimes we would have items implemented/changed months after the planned date. This seems to be the result of the inefficiencies of dealing with upper management in Sweden.
