Credit Life Officer

2 days ago


Ambala Haryana, India Skilllabs Full time

Key Responsibilities Project Planning and Execution A Credit Officer is responsible for planning and executing credit-related projects including assessing credit applications setting credit limits and monitoring credit risk exposure Problem-Solving and Decision-Making This role involves resolving credit disputes making decisions on credit extensions and managing collections processes efficiently Collaboration with Cross-Functional Teams Credit Officers work closely with sales teams to understand customer needs finance teams to ensure accurate financial reporting and legal teams for compliance matters Leadership and Mentorship Senior Credit Officers may provide leadership to junior team members offering guidance on credit analysis techniques and risk assessment Process Improvement and Innovation Constantly seeking ways to streamline credit processes adopt new technologies for credit assessment and improve overall credit management practices Technical or Customer-Facing Responsibilities Handling customer inquiries related to credit terms negotiating payment arrangements and providing credit advice to internal and external stakeholders Required Skills and Qualifications Technical Skills Proficiency in credit analysis software financial modeling risk assessment tools Excel and knowledge of credit reporting bureaus Educational Requirements Bachelor s degree in Finance Accounting Business Administration or a related field Certification in credit analysis or risk management is a plus Experience Level 3 years of experience in credit analysis risk management or financial services Experience in a lending institution or credit department is preferred Soft Skills Strong communication skills attention to detail analytical thinking ability to work under pressure and a customer-centric approach Industry Knowledge Understanding of credit laws regulations and compliance requirements Knowledge of industry-specific credit practices and standards


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