IKF Finance Senior Credit Executive Interview Questions and Answers

I worked at XYZ Company as a Credit Analyst. My responsibilities included assessing creditworthiness, setting credit limits, and managing collections.

• Assessed creditworthiness of new and existing customers

• Set credit limits based on risk assessment

• Managed collections process for overdue accounts

Managed credit operations, analyzed credit risk, monitored collections, and ensured compliance with credit policies.

• Analyzed credit risk for potential customers

• Monitored collections and followed up on overdue accounts

• Ensured compliance with credit policies and procedures

• Managed credit operations and team of credit analysts

Assessing customers with low cibil score involves analyzing their credit history, financial stability, and potential risk factors.

• Review the customer's credit report to understand the reasons for the low CIBIL score

• Assess the customer's current financial situation, including income, expenses, and existing debts

• Consider any extenuating circumstances that may have led to the low CIBIL score, such as medical emergencies o...read more

The volume of files handled and approval to login ratio is a key metric to assess efficiency and productivity.

• The volume of files handled refers to the number of credit applications or cases processed by the credit manager within a specific time frame.

• Approval to login ratio indicates the percentage of credit applications approved compared to the total number of applications logged in by the credit manager.

• A high volum...read more

The question is unclear and not related to credit management.

• The question is not related to credit management and seems to be incomplete or irrelevant.

• Without further context or clarification, it is impossible to provide a meaningful answer.

• It is important to ask relevant and clear questions in an interview to assess a candidate's qualifications and skills.

The number of Credit Managers should be proportional to the size of the sales team and the number of files being logged.

• The ratio of Credit Managers to sales team members should be determined based on the workload and complexity of the credit process.

• The number of files being logged should also be taken into consideration when determining the appropriate number of Credit Managers.

• For example, if there are 10 sales team...read more