Credit Executive

Job Title: Credit Senior Executive/Executive
Department: Credit Management
Job Type: Full-ê€me
Salary: As per Industry standards
Job Summary:
We are seeking a highly skilled and experienced Credit Manager to join our Credit Management team. The
Credit Manager is responsible for overseeing and managing the credit sancê€oning process, ensuring
compliance with internal policies, regulatory requirements, and risk management guidelines. This role involves
assessing credit applicaꢀons, evaluaꢀng creditworthiness, and making informed decisions regarding credit
approvals or denials
Key Responsibiliꢀes:
1. Credit Assessment:
-Reviewing loan applicaꢀons to determine whether applicants meet the criteria for creditworthiness.
-Reviewing credit reports and other financial records to assess applicants’ ability to repay loans.
-Communicaꢀng with borrowers to explain details of their loans, including interest rates, terms of repayment,
and other important details.
-Approving or declining credit applicaꢀons based on the risk assessment and established criteria
-Monitoring the credit performance of exisꢀng borrowers and taking proacꢀve measures to address potenꢀal
delinquencies or defaults.
-Building and maintaining relaꢀonships with customers or clients to understand their credit needs and address
any credit-related concerns
2. Policy Compliance:
- Ensure compliance with the company's credit policies and procedures.
- Stay up-to-date with relevant laws and regulaꢀons governing the credit industry.
3. Decision Making:
- Make informed credit decisions based on comprehensive risk analysis.
- Determine appropriate credit limits and terms for approved applicaꢀons.
4. Porꢁolio Monitoring:
- Monitor and manage the company's credit porꢁolio to idenꢀfy potenꢀal risks and opportuniꢀes.
- Implement strategies to miꢀgate credit losses and opꢀmize credit performance.
Requirements:
- Bachelor's /degree in Finance, Accounꢀng, Business Administraꢀon, or a related field.
- 1-2 years of experience in unsecured lending, with a focus on sancꢀoning and risk assessment.
- Strong knowledge of credit analysis, financial statement analysis, and credit scoring models.
- Familiarity with relevant industry regulaꢀons and compliance requirements.
- Excellent decision-making skills with the ability to balance risk and business objecꢀves.
- Proficiency in using credit management soꢂware and tools.