Area Credit Manager

3 weeks ago


Indore India SkillLabs Full time

Job Description ey Responsibilities - Credit Assessment and Underwriting: Evaluate the creditworthiness of potential and existing customers (suppliers, distributors, etc.) applying for supply chain finance solutions. This includes: - Analyzing financial statements, cash flows, and bank statements to determine risk profiles. - Conducting thorough due diligence, including business and industry risk analysis. - Approving, rejecting, or modifying credit applications within established limits and policy guidelines. - Policy Implementation and Compliance: Implement and administer credit policies for the supply chain finance division across the assigned area. - Ensure all activities adhere to company policies, industry standards, and legal/regulatory requirements. - Review and update credit policies based on market needs and feedback. - Portfolio Management and Monitoring: Manage and monitor the assigned credit portfolio to ensure quality and performance. - Monitor customer loan payments, credit limits, and overall exposure. - Implement Early Warning and monitoring mechanisms for the portfolio to identify potential problem loans and propose solutions for delinquent accounts. - Oversee the management of Post Disbursement Documents (PDD) and covenant compliance. - Collaboration and Stakeholder Management: Work closely with internal teams (sales, relationship management, risk, legal, collections, operations) to facilitate deal closures and ensure seamless processes. - Meet with customers at regular intervals to understand industry dynamics and market conditions.


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