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Credit Life Officer

Credit Life Officer

SkillLabsAmbala, Haryana, India
10 days ago
Job description

Key Responsibilities

  • Project Planning and Execution : A Credit Officer is responsible for planning and executing credit-related projects including assessing credit applications setting credit limits and monitoring credit risk exposure.
  • Problem-Solving and Decision-Making : This role involves resolving credit disputes making decisions on credit extensions and managing collections processes efficiently.
  • Collaboration with Cross-Functional Teams : Credit Officers work closely with sales teams to understand customer needs finance teams to ensure accurate financial reporting and legal teams for compliance matters.
  • Leadership and Mentorship : Senior Credit Officers may provide leadership to junior team members offering guidance on credit analysis techniques and risk assessment.
  • Process Improvement and Innovation : Constantly seeking ways to streamline credit processes adopt new technologies for credit assessment and improve overall credit management practices.
  • Technical or Customer-Facing Responsibilities : Handling customer inquiries related to credit terms negotiating payment arrangements and providing credit advice to internal and external stakeholders.

Required Skills and Qualifications

  • Technical Skills : Proficiency in credit analysis software financial modeling risk assessment tools Excel and knowledge of credit reporting bureaus.
  • Educational Requirements : Bachelor s degree in Finance Accounting Business Administration or a related field. Certification in credit analysis or risk management is a plus.
  • Experience Level : 3 years of experience in credit analysis risk management or financial services. Experience in a lending institution or credit department is preferred.
  • Soft Skills : Strong communication skills attention to detail analytical thinking ability to work under pressure and a customer-centric approach.
  • Industry Knowledge : Understanding of credit laws regulations and compliance requirements. Knowledge of industry-specific credit practices and standards.
  • Key Skills

    Cyber Security,Christmas Temporary,Attorney,Inspection,Embedded C

    Employment Type : Full Time

    Experience : years

    Vacancy : 1

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    Credit Officer • Ambala, Haryana, India

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