Credit Officer

3 weeks ago


chennai, India HTC Global Services Full time

Job Summary: The Credit Officer is responsible for evaluating and approving credit applications, assessing creditworthiness, and managing customer relationships to mitigate risk and enhance revenue. This role involves analyzing financial data, conducting credit investigations, and ensuring compliance with company policies and regulations. Key Responsibilities: Review and analyze credit applications to assess the financial health of applicants.Conduct thorough credit investigations, including verification of income, employment, and credit history.Prepare detailed credit reports and make recommendations for credit approvals or denials.Monitor existing credit accounts to identify potential risks and initiate timely interventions.Collaborate with the sales team to understand customer needs and provide appropriate credit solutions.Ensure compliance with lending policies, procedures, and regulatory requirements.Maintain accurate records of credit assessments and decisions.Participate in training and development to stay updated on industry trends and best practices.Communicate effectively with clients regarding credit terms, conditions, and risks. Qualifications: Bachelor’s degree in finance, accounting, business administration, or related field.Proven experience in credit analysis, risk assessment, or a similar role.Strong analytical skills with attention to detail.Excellent communication and interpersonal skills.Proficiency in financial software and Microsoft Office Suite.Knowledge of relevant laws and regulations related to credit and lending. Preferred Skills: Certification in credit risk management or related field.Experience with credit scoring models and financial analysis tools.


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