Job Description

Regional Credit Manager (RCM)


Regional Credit Manager (RCM)


A Regional Credit Manager (RCM) oversees credit operations within a specific region for an organization, typically within the financial services industry.


Key Responsibilities


Creditworthiness Assessment and Management: Analyzing financial data and statements to determine the creditworthiness of individuals or firms and the associated risk in extending credit. Policy and Procedure Implementation: Establishing and monitoring processes related to credit management, including credit policies, vendor management, and documentation. Team Leadership and Development: Leading a team of credit approvers, providing guidance, training, and coaching to ensure portfolio quality and manage delinquencies. Regulatory Compliance and Reporting: Ensuring adherence to credit policies, regulatory guidelines (e.g., RBI regulations in India), and internal audit compliance. Portfolio Monitoring and Analysis: Tracking deviations, analyzing delinquent cases, and identifying early warning signals related to credit risk. Vendor and Agency Coordination: Liaising with external agencies (e.g., legal and technical agencies) and vendors to resolve queries and ensure timely report submissions. Business Development and Support: Partnering with sales teams to achieve business targets and providing credit-related support for product growth. Travel and Branch Oversight: Traveling to branches within the assigned territory to oversee operations, provide guidance, and maintain portfolio quality.
Essential skills and qualifications


Education: A bachelor's degree in finance, business administration, or a related field is typically required, with some employers preferring an MBA, PGDBA, PGPM, CA, or equivalent degree. Experience: At least 10 years plus experience in credit management, underwriting, or a related field is usually expected. Analytical Skills: The ability to interpret financial reports, analyze data, and assess creditworthiness. Communication and Interpersonal Skills: Effective communication and negotiation skills for interacting with clients, colleagues, and senior management. Leadership and Team Management: Strong leadership abilities to manage and motivate a credit team. Attention to Detail: Precision and meticulousness to identify potential issues and avoid errors in financial data. * Industry-Specific Expertise: Knowledge relevant to the specific industry (e.g., financial services, construction, healthcare).