Sr Executive / Assitant Manager - Credit Operations

Job Description:

Roles & Responsibilities:

• Evaluate the creditworthiness of customers and clients by analyzing financial information, credit
• reports, and other relevant data.
•  Make informed credit decisions based on established policies and risk parameters.
•  Manage the end-to-end credit approval process, ensuring accuracy and efficiency.
•  Collaborate with sales and customer service teams to gather necessary information for credit evaluations.
•  Prepare and review credit documentation, ensuring completeness and compliance with company policies and regulatory requirements.
• Stay abreast of changes in credit regulations and update internal processes accordingly.
• Identify and assess credit risks associated with new and existing customers.
• Implement risk mitigation strategies and recommend appropriate credit terms.
• Communicate credit decisions to customers and internal stakeholders.
• Address customer inquiries related to credit terms, payment terms, and credit limits.
• Monitor overdue accounts and coordinate with collections teams to ensure timely resolution.
• Implement strategies to reduce delinquency and minimize bad debt exposure.
• Generate regular reports on credit metrics, trends, and portfolio performance.
• Provide insights to management regarding credit portfolio health.
• Identify opportunities for process improvement within credit operations.
• Implement changes to streamline workflows and enhance efficiency. 

Preferred Qualifications:

•  Bachelor's degree in finance, accounting, business administration, or related field.
•  2 years of experience in credit operations, risk management, or a related role.
•  Knowledge of credit laws, regulations, and best practices.
•  Strong analytical and problem-solving skills.
• Excellent communication and negotiation skills.
• Proficiency in using credit scoring models and financial analysis tools.

Additional Skills:

•  Attention to detail and accuracy.
•  Ability to work independently and collaboratively within a team.
•  Proficient in Microsoft Office Suite and credit management software.