Assistant Manager – Credit

28 minutes ago

Mumbai, Maharashtra, India Ingram Micro Full time ₹ 5,00,000 - ₹ 15,00,000 per year

It's fun to work in a company where people truly BELIEVE in what they're doing

Job Description:

Ingram Micro is a leading technology company for the global information technology ecosystem.

With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts.

Our market reach, diverse solutions and services portfolio, and digital platform Ingram Micro Xvantage set us apart

Position Summary:

Develops, recommends, and implements policies and procedures for investigating and evaluating new and existing customer credit-worthiness and extending or revoking credit lines/limits. Coordinates with internal departments to resolve billing disputes that may affect the ability to collect receivables. Reviews and makes recommendations regarding bad debt or write-offs. Investigates and analyzes credit risks, using available internet and credit agency tools and information. Recommends and implements credit extensions/revocations, and/or legal action where necessary. Develops and maintains relationships with outside credit agencies. Ensures procedures and internal controls are followed in compliance with Sarbanes-Oxley initiatives.

Key Responsibilities:

  • Assessing credit risks and managing credit insurance policies, if applicable.

  • Monitoring payment due dates and following up with customers for timely payments.

  • Sending payment reminders and statements to customers with overdue balances.

  • Recording payments received and reconciling accounts. Advise management on regulatory changes impacting business.

  • Implementation and monitoring of Data protection laws and policies, including training Ingram Micro associates.

  • Maintaining customer master data, including contact information, credit limits, and payment terms.

  • Reviewing sales contracts and agreements for accuracy and completeness.

  • Conducting internal audits to identify errors, discrepancies, or fraudulent activities.

  • Implementing controls and procedures to safeguard against unauthorized transactions.

  • Analyzing receivables data to assess customer creditworthiness and risk exposure.

  • Developing and implementing credit policies and strategies to optimize cash flow and minimize bad debts.

  • Generating reports and providing insights to management on receivables performance and trends.

  • Managing overdue accounts and initiating collection efforts.

  • Coordinating with legal advisors or debt collection agencies for legal actions or recovery procedures.

  • Negotiating settlements and payment plans with delinquent customers.

  • Filing claims and working with insurance providers to recover losses from bad debts.

  • Zonal Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Credit Saison Full time ₹ 10,00,000 - ₹ 30,00,000 per year

    About Credit SaisonEstablished in 2019, CS India is one of the country's fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with Non-Bank Financial Companies (NBFCs) and fintechs. Its tech-enabled model coupled with underwriting capability facilitates lending at scale, meeting...

  • Credit Relationship Manager

    4 hours ago

    Mumbai, Maharashtra, India Mashreq Careers Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Assist in financial analysis, credit risk assessment risk rating and structuring '& documentation of facilities for assigned corporate relationships, by working with the Relationship Managers (RMs) Meeting customers, preparing Green Light Memos and Credit. Proposals (CPs) (new, annual renewals, amendments etc.) and assisting RMs in customer relationship...

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Cholamandalam Investment and Finance Company Limited Full time

    Company DescriptionCholamandalam Investment and Finance Company Limited (Chola), established in 1978 as part of the Murugappa Group, has evolved into a premier comprehensive financial services provider. With over 1,500 branches across India and Assets Under Management (AUM) exceeding Rs. 1.77 lakh crore, Chola serves more than 42.9 lakh satisfied customers....

  • Credit Relationship Manager

    2 days ago

    Mumbai, Maharashtra, India Mashreq Corporate & Investment Banking Group Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Assist in financial analysis, credit risk assessment risk rating and structuring '& documentation of facilities for assigned corporate relationships, by working with the Relationship Managers (RMs)Meeting customers, preparing Green Light Memos and Credit. Proposals (CPs) (new, annual renewals, amendments etc.) and assisting RMs in customer relationship...

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Tata Capital Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    DescriptionResponsible for credit risk analysis & underwriting for Microfinance & Business Correspondent Loan proposalsReviewing and analysing of operations, financial statements, annual reports, CIBIL, AMLOCK and other relevant information.Periodic review of sector through detailed reports. Preparing quarterly and event-based reports on industry and client...

  • Credit Manager-SCF-Mumbai

    2 weeks ago

    Mumbai, Maharashtra, India Acura Solution Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Job Description:Credit Assessment and Approval:Analyze and assess creditworthiness of customers applying for supply chain finance and inventory funding.Review and evaluate financial statements, cash flows, bank statements, and market trends to determine customer risk profiles.Conduct due diligence, including business and industry risk analysis, to evaluate...

  • Institutional Credit Management's

    4 days ago

    Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Institutional Credit Management's ("ICM") objective is to provide an integrated "end-to-end" credit underwriting, identification, measurement, management, monitoring and reporting for wholesale credit businesses across the enterprise. In-Business Quality Assurance is an integral part of the ICM organization.The ICM In-Business Quality Assurance function (QA)...

  • Credit Controller

    2 weeks ago

    Mumbai, Maharashtra, India Pazago Full time

    About PazagoPazago transforms the export experience, making each export order faster, more efficient, and stress-free. With streamlined processes and complete visibility, exporters save time, cut costs, and gain control over their processesall while strengthening trust with their clients.Pazago enables exporters to focus on growth with a platform that...

  • Credit Manager

    1 week ago

    Mumbai, Maharashtra, India Nexcen IT Services Pvt Ltd Full time

    Position: Area Credit ManagerDepartment: CreditLocation: MumbaiEmployment Type: Full-time/HybridPosition OverviewWe are seeking a skilled and detail-oriented Area Credit Manager to join our team. The ideal candidate will have a strong understanding of credit assessment, financial analysis, and risk evaluation, along with the ability to work collaboratively...

  • Credit Portfolio Management

    2 weeks ago

    Mumbai, Maharashtra, India Sumitomo Mitsui Banking Corporation (SMBC) Full time

    Sumitomo Mitsui Banking CorporationCredit Risk Management:Prepare good quality credit applications, reports, risk and financial analysis including sensitivity analysis and assumptions validation.Ability to distil complex credit issues and produce credit applications which can be easily understood by relevant approvers (SFDA/ASDV management and/or...