The responsibilities and duties section is the most important part of the job description. Here you should outline the functions this position will perform on a regular basis, how the job functions within the organization and the title of the manager the person will report to.Check customers credit and approve or deny applications based on company standards and requirementsNegotiate payment plans with customers and set up loan terms and conditionsMaintain accurate records of loans, analyze the effectiveness of the companys credit control system and implement changes to improve profitability and reduce bad debtsEnsure customers pay on time and chase any overdue invoicesDevelop the credit control system in collaboration with Sales, Marketing, Finance and company executivesImprove and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessary