About the role
- Review and analyze credit applications, financial statements, and other relevant documents to assess creditworthiness.
- Conduct thorough credit risk assessments and make recommendations for credit approvals or rejections.
- Monitor and manage existing credit accounts, ensuring timely payments and addressing any payment issues.
- Develop and implement credit policies and procedures to ensure compliance with regulatory requirements.
- Build and maintain strong relationships with clients, providing excellent customer service and support.
- Collaborate with the finance team to prepare financial reports and analyze credit trends.
- Stay updated on industry trends and best practices in credit management to enhance our credit processes.
- Train and mentor junior credit officers, ensuring a skilled and knowledgeable team.
- Participate in cross-functional projects to improve overall credit operations and efficiency.
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimum 3 years of experience in a credit officer or similar role, preferably in the BFSI industry.
- Strong analytical skills with the ability to interpret financial data and make informed decisions.
- Excellent communication and interpersonal skills for effective client interaction and team collaboration.
- Proficiency in using credit analysis tools and software, such as credit scoring models and financial analysis software.
- Knowledge of regulatory requirements and compliance standards related to credit operations.
- Ability to work independently and manage multiple tasks simultaneously.
- Strong attention to detail and a commitment to maintaining accurate records.
- Willingness to stay updated on industry trends and best practices in credit management.
- Excellent problem-solving skills and a proactive approach to identifying and resolving credit-related issues.