Credit Manager
Credit Manager
- Job popularity
Job Description
Credit managers oversee the application of credit policy in the bank. They decide the credit limits to be imposed, the reasonable levels of risk accepted and the conditions and terms of payment made to the customers. They control the collection of payments from their customers and manage the credit department of a bank..
Top 3 specific things you need to know
As a Credit Manager, you will need to master following:
Top 25 general things you need to know
More generally, a credit manager is also versed in:
- advise on financial matters
- analyse financial performance of a company
- analyse financial risk
- analyse the credit history of potential customers
- apply credit risk policy
- create a financial plan
- credit control processes
- debt collection techniques
- debt systems
- enforce financial policies
- financial analysis
- financial management
- financial statements
- follow company standards
- handle financial transactions
- insolvency law
- liaise with managers
- maintain records of financial transactions
- manage financial risk
- manage staff
- obtain financial information
- plan health and safety procedures
- strive for company growth
- synthesise financial information
- trace financial transactions
Other things it helps to know to be an excellent credit manager
It also helps to know the following:
- consult credit score
- investment analysis
- prepare credit reports
- advise on credit rating
- analyse loans
- analyse market financial trends
- assess financial viability
- banking activities
- budget for financial needs
- business loans
- communicate with banking professionals
- contract law
- ensure proper document management
- examine credit ratings
- maintain client debt records
- mortgage loans
- perform clerical duties
- perform debt investigation
- property law
- securities
- tax legislation
Top employers for this job
Credit Manager (0-2 Yrs Exp.)
-
Prereqs Technology Pvt.Ltd
-
California
-
$250 - $800 / month
- Keywords :
- Ui designer,
- developer