Credit manager jobs

Make use of this Credit Manager job description template when advertising your open positions on career portals and job boards in order to attract applicants who are proficient in accounting.

Researching and assessing the creditworthiness of customers is one of the tasks of the credit manager.

Developing models of credit scoring in order to anticipate hazards

Requests for loans are approved or denied based on the applicant's reliability as well as the possible gains and losses.

Credit Manager job description

Job brief

We are searching for a Credit Manager to handle the lending process for our firm, which includes everything from determining the creditworthiness of customers to deciding whether or not to grant loan requests.

The tasks of a credit manager include the creation of credit scoring models, the establishment of lending conditions, and the establishment of interest rates. In order to be successful in this profession, you will need to have previous experience processing loan applications in addition to a degree in Accounting or Finance. Previous experience working in banking is a definite asset.

In the end, you will assist us in decreasing our bad debts and increasing the profits we get from loans.

Responsibilities

Conduct research and analysis on the creditworthiness of customers.

Develop models of credit rating in order to anticipate dangers.

Consider the applicant's trustworthiness as well as the prospective gains and losses before deciding whether or not to provide the loan.

Determine and establish the interest rates.

Confront customers with loan conditions and negotiate with them.

Keep an eye on the payments.

It is important to keep accurate records of loan applications.

Maintain communication with customers to effectively handle loan renewals and debt settlements.

Make sure that all of the financing processes adhere to the requirements.

The credit policies of our organization need to be developed, reviewed, and kept up to date.

Competencies and prerequisites

Proven track record of success in the job of Credit Manager, Credit Analyst, or a role that is functionally equivalent

practical experience working with various accounting software packages

Strong familiarity with the processes involved in lending.

Excellent capabilities in analytical thinking, including the creation and management of financial spreadsheets (e.g. in Excel)

Negotiation skills

a Bachelor of Science degree in Accounting, Economics, Banking and Finance, or another discipline that is appropriate.