Job Description

Credit Manager Job Duties Include :

Evaluating the creditworthiness of the customers. Maintaining detailed records of company loans. Approving or rejecting the loans based on the available data. Calculation of the interest rates for loans. Reviewing and updating the company's credit policy.

Job Brief of A Credit Manager

A credit manager's job should briefly describe all the main tasks, roles, and responsibilities of a credit manager. Some of their primary roles are to assess the customers' creditworthiness before issuing any credit, describe various products, conduct a review of the existing customers, and optimize the company sales. They should have good communication skills and speak in laymen's language to communicate with every possible customer.

Responsibilities of a Credit Manager

A credit manager job has mainly two categories of responsibilities- management and credit operations tasks. Some of these crucial responsibilities are given below -

Should be able to create credit scoring models as a credit risk manager. Should ensure that all the loans given out should comply with the procedures and regulations. Should be able to keep track and record the loan payments and bad debts account. Should lookout for the company's credibility and potential revenues and losses. Should be able to negotiate loan terms with new and potential clients. Following up on the clients for debt settlement and loan renewals. Should possess a bachelor's degree in accounting, economics, banking, finance, or other related fields. Experience as a credit manager, credit analyst, or other similar roles. Should have experience with different accounting software. Should understand the lending procedures. Should possess analytical skills to evaluate and create financial spreadsheets.

Education:

Any Master Degree, with Good Computer Knowledge

Job Type: Permanent

Pay: ?400,000.00 - ?500,000.00 per year

Work Location: In person