ANZ Banking Group Credit Assessment Officer Interview Questions and Answers

Credit manager profile involves assessing creditworthiness, managing credit risk, and ensuring timely repayment of loans.

• Assessing creditworthiness of individuals or businesses

• Managing credit risk by setting credit limits and terms

• Ensuring timely repayment of loans through monitoring and follow-up

• Analyzing financial statements and credit reports

• Negotiating payment plans with delinquent borrowers

Basic components of financial statements include balance sheet, income statement, and cash flow statement.

• Balance sheet: Shows assets, liabilities, and equity at a specific point in time.

• Income statement: Summarizes revenues, expenses, and profits over a period of time.

• Cash flow statement: Details cash inflows and outflows, highlighting operating, investing, and financing activities.

• Cash flow analysis focuses on the mo...read more

The balance sheet, cash flow statement, and profit and loss statement are interrelated as they all provide different perspectives on a company's financial health.

• The balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

• The cash flow statement shows how changes in balance sheet accounts and income affect cash and cash equivalents.

• The profit and loss statement shows a company's reve...read more