Credit Manager

Job Description

Key Responsibilities: Credit Assessment: Analyse financial documents such as balance sheets, profit and loss statements, and cash flow statements to assess the creditworthiness of borrowers. Loan Approval: Evaluate loan applications, review risk factors, and recommend credit decisions in line with the organization's credit policy. Risk Management: Identify potential risks associated with lending to individuals or businesses and suggest mitigation strategies. Policy Adherence: Ensure all credit decisions align with laid-out credit policies and regulations and work closely with other departments such as sales, legal, and collections to ensure the smooth processing of loans and resolution of any issues Customer Interaction: Interact with clients and borrowers to collect necessary financial data and assess their credit needs. Portfolio Management: Monitor the performance of the loan portfolio, track repayments, and recommend actions for any accounts showing signs of delinquency or default.