Credit Manager

Job Description

This Credit Manager job description template includes the list of most important Credit Manager s duties and responsibilities. It is customizable and ready to post to job boards. Use it to save time, attract qualified candidates and hire best employees.Credit Manager job profileCredit Manager is a professional who is responsible for managing the credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers. Credit Managers also manage and monitor the accounts receivable portfolio, ensuring timely payment of outstanding balances and minimizing bad debt risk. This is a mid-level position. Credit Manager works closely with sales and customer service teams to ensure customer satisfaction while balancing the companys financial goals. In order to attract the best Credit Manager that matches your needs, it is important to write a clear and precise Credit Manager job description.Credit Manager job descriptionWe are looking for a detail-oriented Credit Manager who will be responsible for analyzing credit data and financial information of individuals or companies to determine the risk involved in lending money to them. In this position, you will evaluate creditworthiness, develop credit scoring models, and approve or reject loan applications. You will also be expected to communicate with clients to address their concerns and ensure timely payment of loans.Credit Manager duties and responsibilities
• Develop and implement credit policies and procedures to ensure customer creditworthiness and minimize risk of financial loss
• Analyze financial data and credit reports to evaluate the creditworthiness of potential and existing customers
• Establish credit limits and payment terms for customers based on their creditworthiness and payment history
• Monitor customer accounts to ensure payments are made on time and in accordance with established terms

Keyskills :
financial managementfinancial forecastingcredit managerapproving credit applicationsdata coordinatorrisk assessment capabilities.financial acumen.management accountantmarket research analyst