Credit Management Job Description
Credit management
provides analysis support including purchase order (in Maximo purchasing system) research and creation, and SAP financial accounting system reports. Monitors credit portfolio quality against the established criteria and/or risk appetite and analyzes the portfolio performance from various aspects, division, and industry.
Credit Management Duties & Responsibilities
To write an effective credit management job description, begin by listing detailed duties, responsibilities and expectations. We have included credit management job description templates that you can modify and use.
Sample responsibilities for this position include:
Risk Calculation - Prepare the data set for credit risk calculation and run the risk calculation engine
Risk Reporting - Aggregate exposure and/or risk figures by various measures (company, industry, sector, country, ), and provide the reports with basic analysis
Follow regulations and regulatory reporting requirements
Reviews Single Name Strategies and Transaction Requests within agreed timelines and/or turn-around benchmarks, highlights exceptions to applicable policies and guidelines, and suggests enhancements
Maintain an up to date RAF schedule, and continuously reviews BRR's on all assigned borrowers
Shares best practices and challenges redundancies
Obtains training/accreditation required to proficiently execute duties
Support Sales on non-standard RFPs
Work in close cooperation with other TF/CMC teams, with business areas and other corporate functions such as IT, Operations and Legal
Credit Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Management
List any licenses or certifications required by the position: FRM, CFA, SAS, PMO, PMP, OSHA, PRM, CMA, US, FACT
Education for Credit Management
Typically a job would require a certain level of education.
Employers hiring for the credit management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Business, Accounting, Economics, Marketing, Communication, Statistics, MBA, Mathematics, Management
Skills for Credit Management
Desired skills for credit management include:
SAP
Excel
SAP FI
SAP and other collection system
English
MS Office
Credit card industry
Energy sector and regulatory requirements is desirable
Accounting principles
Financial statement analysis
Desired experience for credit management includes:
2 to 5 years of credit analysis and modeling experience at a large investment or commercial bank, Fund or Financial Advisor working in the United States
6-10 years experience within wholesale banking in origination or risk management
Excellent communication, influencing and decisionmaking skills, with a proven track record of working with senior management
Strong analytical skills and the ability to interpret commercial trends, and influence business decisionmaking
Knowledge of portfolio management principles and understanding of Basel 2/3
MBA, professional designation (e.g., CA, CMA, CFA) or a post-graduate degree with a focus in business, economics, mathematics or other quantitative field
Credit Management Examples
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Credit Management Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of credit management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit management
- Leading the credit input and providing expertise to negotiation of ISDA/CSA and other documentation, working closely with Legal and other areas of the firm to ensure appropriate risk mitigation standards are met
- Participating in credit committees, product team meetings and related project meetings
- Managing workflow across the team
- Developing and managing relationships with other areas of the firm, including Sales & Trading, Operations, Collateral Management, Legal, Compliance, Technology
- Making recommendations for assigning internal credit ratings and setting limits for the firm’s credit risk appetite
- Leading credit input and providing expertise to negotiation of ISDA/CSA and other documentation, working closely with Legal and other areas of the firm to ensure appropriate risk mitigation standards
- Approving or escalating proposed transactions
- Presenting individual names portfolio evaluations to Risk Management and Business Unit teams and committees
- Management of the credit administration function
- The role would be responsible for helping GCCO manage direct global CRM budget drive broader global CRM budget strategy including the CRM budget embedded into the matrix
Qualifications for credit management
- Work with Vice President / Director and other product groups including Investment Banking, Cash Management, Foreign Exchange, Derivatives, CPG, Money Market, Energy Trading and Trade Finance to ensure their credit needs are being met
- Work with Vice President / Director to ensure that loan and security documentation reflects the details of the credit authorization
- 3 to 5 years credit experience required
- BComm graduate preferred
- The ideal candidate has at least at least 6 years' experience in banking industry
- You have sound knowledge of credit risk analytics in retail or commercial credit risk modeling, credit risk management or consulting
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Credit Management Job Description
Job Description Example
Our growing company is looking for a credit management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit management
- Focus on overall team effectiveness, accuracy and efficiency of fulfilment requests while meeting or exceeding established Client Service Commitments
- Proactively assess obstacles and identify efficiency and effectiveness opportunities to improve overall team performance
- Ongoing monitoring and control of day to day service quality workflow and related fulfillment/servicing activities
- Lead, develop and maintain applicable product and process knowledge for the team and provide a clear line of sight for the client experience, while ensuring adherence to operational risk, compliance and Anti Money Laundering (AML) requirements
- Take leadership oversight of client care and/or service partner issues as a priority
- Ensure the successful implementation of initiatives supporting the business strategy
- Submit a concise cover letter and resume
- Credit risk experience – particularly financial institutions – would be an advantage
- Be analytically minded and possess intellectual curiosity
- Have a strong interest in derivative products and capital markets
Qualifications for credit management
- You will have solid experience in retail or commercial credit risk management or related discipline
- BA/BC
- Completed an MBA
- Completed a CFA (or has taken steps towards attaining a CFA designation)
- Some background or experience working with fund managers or funds would be an asset
- Previous experience using online research tools such as Bloomberg, KMV, or using S&P/Moody’s/Fitch ratings
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Credit Management Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of credit management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit management
- Support data requirements for communications to cardholders
- Develop and analyze data that is used to interpret or report on credit card portfolio performance
- Modify, improve and automate analytic and reporting processes to support business needs
- Create innovative solutions using tools such as SAS, SQL, Business Objects and Tableau
- Provide analysis on assigned global and customer analytics projects
- Proactively suggest improvements to existing data management techniques, documentation needs, reporting or analytic requirements
- Identify and provide recommendations regarding new opportunities to improve business processes
- Develop and maintain management information databases for credit and trading products perform daily credit reporting for a broad audience including Global Client Coverage, Group Risk Management and senior management
- Prepare credit transaction requests in support of I&TS clients which include product suitability and risk assessments
- Work with Global Client Coverage to ensure all credit needs are supported by a strong business case
Qualifications for credit management
- Strong operational and technological background
- Experience in the industry would be beneficial and, preferably, with, full understanding of the profit dynamics of the productline
- Product knowledge and some operations / technology background
- Experience in banking with a strong sense of accountability and integrity
- 3+ years of experience in an analytical financial role, preferably within credit risk management
- Specific experience covering the hedge fund/pension fund industries would be an advantage
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Credit Management Job Description
Job Description Example
Our innovative and growing company is hiring for a credit management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit management
- Develop and maintain relationships with Global Client Coverage, FX trading desks, Group Risk Management, Law Group, Client Operations
- Participate in projects related to collateral expansion, policy and procedure changes
- Review project documents (due diligence reports, term sheets, contracts, and legal memos) to understand the strengths and weaknesses of an operation
- Analyze cash flow models and stress scenarios sensitivities
- Prepare annual reviews with the performance of the project understating all the main characteristics, risk and mitigants of the transactions
- Support Credit Professionals and Portfolio Managers in the underwriting and monitoring of transactions
- To ensure proper coordination with the credit control on flow of information
- Clearly analyses complex data or problems to develop a clear understanding and achieve the desired result
- Handling client queries and escalations, ensuring feedback to client queries within agreed time
- Maintains accurate and up to date customer details
Qualifications for credit management
- Third party vendors (CGI
- Broad knowledge of GS’s business
- This position is at Associate to VP level
- For Associate level candidates, a strong background in financial services is still required
- Ability to effectively communicate risk assessment verbally and in writing for the benefit of direct manager and up the line to MSPBNA CCO/CRO and Business Unit FA and/or client, where required
- Build strong working relationships with Credit Risk teams in the region Credit Control teams
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Credit Management Job Description
Job Description Example
Our company is hiring for a credit management. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit management
- Support Management Information System to track the KPI (Ageing, unadjusted on account payments, back logs, Days Outstanding )
- Meet all relevant SLA’s
- Preparation of information/data for external auditors in the various audits of the financial records
- Ensure the agreed procedures are kept up to date, documented
- Support and provide input to Manager and / or teamlead and support in developing services and systems as required
- Manage and escalate daily overdraft reporting
- Understand and assist in negotiation of trading documentation including ISDA and CSA
- Must be able to supervise
- Provide mentoring and guidance
- Act as liaison between management and auditors
Qualifications for credit management
- MBA or other relevant post-graduate degree, and/or professional designation
- A good understanding of risk driver in Banking products and processes
- Lines of Business (P&C Canada
- Assist Credit Officers preparing for audits and regulatory inspection working on internal projects and new business initiatives
- Work on global and regional projects, new business initiatives
- Perform role of Risk SME for the end to end delivery of risk model (PD, LGD, EAD) enhancements and development for IFRS9 project, employing Risk Model expertise overlaid with understanding of IFRS9 requirements and in alignment with strategic plans around stress testing and the Banks near simultaneous Ring Fencing obligation