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
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Employment Type : Full Time
Experience : years
Vacancy : 1