Key Responsibilities:
1. Assessing creditworthiness: Reviewing financial information, credit scores, and payment history of clients to determine if they qualify for credit.
2. Analyzing risk: Evaluating the risk associated with extending credit to clients based on their financial status and market conditions.
3. Making credit decisions: Deciding whether to approve, deny, or modify credit applications based on the analysis conducted.
4. Monitoring credit accounts: Tracking the repayment behavior of clients to ensure they are meeting their credit obligations.
5. Providing recommendations: Offering suggestions for credit terms, limits, and repayment schedules to mitigate risk and maximize profitability.
Required Skills and Expectations:
1. Bachelor's degree in finance, accounting, or a related field.
2. Strong analytical skills to interpret financial data and assess credit risk.
3. Experience with financial modeling and risk assessment techniques.
4. Excellent attention to detail and ability to make sound judgments.
5. Good communication skills to interact with clients and colleagues effectively.
6. Knowledge of regulatory requirements and compliance standards related to credit analysis.