Area Credit Manager/ Cluster credit manager

AREA CREDIT MANAGER

• Minimum 6 to 8 yrs of experience in credit
• Salary 5 LPA to 7 LPA
• Number of position : 4
• kannada, telugu, tamil, marathi
• preferred :- Immediate Joiner
• Location :- Bangalore

CLUSTER CREDIT MANAGER

• Minimum :- 4 TO 6 yrs of experience in credit
• Salary :- 4 LPA to 5.5 LPA
• Number of position : 4
• kannada, telugu, tamil, marathi
• preferred :- Immediate Joiner
• Location :- Bangalore

Credit Manager responsibilities include:

Researching and evaluating clients creditworthiness

Creating credit scoring models to predict risks

Approving or rejecting loan requests, based on credibility and potential revenues and losses

Job brief

We are looking for a Credit Manager to oversee our companys lending process, from evaluating clients creditworthiness to approving or rejecting loan requests.

Credit Manager responsibilities include creating credit scoring models, setting loan terms and determining interest rates. To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications. Previous banking experience is a plus.Ultimately, you will help us minimize bad debts and increase revenues from loans.

Responsibilities

Research and evaluate clients creditworthiness

Create credit scoring models to predict risks

Approve or reject loan requests, based on credibility and potential revenues and losses

Calculate and set interest rates

Negotiate loan terms with clients

Monitor payments

Maintain records of loan applications

Follow up with clients to manage debt settlements and loan renewals

Ensure all lending procedures comply with regulations

Develop, review and update our companys credit policies

Requirements and skills

Proven work experience as a Credit Manager, or similar role

Hands-on experience with accounting software

Solid understanding of lending procedures

Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)

Negotiation skills