Job Summary:

We are looking for an experienced Credit Officer to join our team, responsible for assessing and managing credit risk, making informed credit decisions, and ensuring compliance with lending policies and regulatory requirements. A successful candidate will also be responsible for managing and recovering overdue accounts, minimizing losses, and maintaining strong relationships with clients.

Key Responsibilities:

• Evaluate credit applications, credit history, and other relevant data to determine creditworthiness
• Assess and manage credit risk, identifying potential risks and recommending mitigation strategies
• Make credit decisions, approving or rejecting loan applications based on institution's policies and procedures
• Monitor and manage existing credit portfolios, identifying early warning signs of potential defaults
• Prepare and present credit reports and recommendations to management and Board of Directors
• Contact and negotiate with delinquent clients to arrange payment plans and settlements
• Manage and update accounts receivable, ensuring accurate records and timely follow-up
• Identify and report potential credit risks, recommending strategies to recover debts
• Collaborate with operations team to resolve account issues
• Meet or exceed collections targets and performance metrics

Requirements:

• Diploma in Finance, Accounting, or related field
• 1-2 years of experience in credit analysis, collections or related field
• Strong analytical and problem-solving skills
• Excellent communication and negotiation skills
• Knowledge of lending regulations and credit risk management principles
• Ability to work in a fast-paced environment and meet targets
• Basic computer skills and familiarity with collections software

Preferred Qualifications:

• Experience with credit risk management software
• Strong understanding of industry trends and market conditions

• Evaluate credit applications, credit history, and other relevant data to determine creditworthiness
• Assess and manage credit risk, identifying potential risks and recommending mitigation strategies
• Make credit decisions, approving or rejecting loan applications based on institution's policies and procedures
• Monitor and manage existing credit portfolios, identifying early warning signs of potential defaults
• Prepare and present credit reports and recommendations to management and Board of Directors
• Contact and negotiate with delinquent clients to arrange payment plans and settlements
• Manage and update accounts receivable, ensuring accurate records and timely follow-up
• Identify and report potential credit risks, recommending strategies to recover debts
• Collaborate with operations team to resolve account issues
• Meet or exceed collections targets and performance metrics

• Strong analytical and problem-solving skills
• Excellent communication and negotiation skills
• Knowledge of lending regulations and credit risk management principles
• Ability to work in a fast-paced environment and meet targets
• Basic computer skills and familiarity with collections software

• Diploma in Finance, Accounting, or related field
• 1-2 years of experience in credit analysis, collections or related field
• Experience with credit risk management software
• Strong understanding of industry trends and market conditions