Area Credit Manager

4 days ago


Rajkot Indore, India Indusind Bank Full time

Job Description - A State Credit Manager job description includes developing and implementing credit policies, assessing customer creditworthiness, and managing risk to balance sales growth with minimizing bad debt. - Key responsibilities involve analyzing financial data, overseeing the credit application and collection processes, ensuring regulatory compliance, and leading a credit team to achieve financial goals. Responsibilities: Policy and risk management: Develop, implement, and enforce credit policies to manage risk. Review and update these policies periodically. Credit evaluation: Assess the creditworthiness of potential and existing customers by analyzing financial statements and credit reports. Application and approval: Oversee the credit application process, including setting credit limits and terms in collaboration with sales teams. Collections and monitoring: Manage the accounts receivable process, monitor loan payments, and pursue collections to reduce bad debt. Reporting: Prepare detailed credit reports and present them to senior management. Team leadership: Lead and mentor a credit team, providing training to enhance skills. Compliance: Ensure all credit activities comply with local, state, and federal laws and regulations.


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