Manager Credit Job Description
Manager credit
provides subject matter expertise and develop strategies anti-money laundering identity checks for digital channels including Everyday Banking account applications and credit card application.
Manager Credit Duties & Responsibilities
To write an effective manager credit job description, begin by listing detailed duties, responsibilities and expectations. We have included manager credit job description templates that you can modify and use.
Sample responsibilities for this position include:
Demonstrate good understanding of the following products, cheque accounts, commercial and business based finance, term loan, revolving loans, business credit cards, fleet cards, assets based finance, to guide decision making during credit assessments
Adhere to Absa and Credit specific processes and policies to ensure minimal risk and findings during audits and conformance reviews
Partner with AEO’s credit card vendor to develop and execute a marketing plan to acquire, engage, and retain AEO credit cardholders
Management of the monthly Credit Lifecycle including reporting of position to senior credit team
It is critical to perform regular credit analysis of existing customers and make credit recommendation on request for increased exposure
Conduct quality credit assessments with regards to new facilities, increases to existing facilities, reviews for existing facilities or bridging facilities, in order to address the financial needs of the clients whilst ensuring that the outcome is aligned to the bank's risk appetite
Ensure timeous follow up of arrangements and risk accounts identified via the daily and monthly listings and appropriated systems ARMS, CMS
Collaborate with third party vendors to develop co-branded marketing campaigns to encourage usage of the branded credit cards
Propose testing strategies to maximize financial return on credit marketing campaigns
Work with Stores Operations to develop associate training and incentive programs to promote credit card usage
Manager Credit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager Credit
List any licenses or certifications required by the position: PMP, CFA, CPA, NACM, FRM, CICM, CCE, CBF, PMI, CIA
Education for Manager Credit
Typically a job would require a certain level of education.
Employers hiring for the manager credit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Business, Education, Business/Administration, Economics, Finance/Accounting, Management, Hospitality, MBA
Skills for Manager Credit
Desired skills for manager credit include:
Anti-money laundering
Deal structuring and preparing credit appraisals
Processes
Systems
Credit
Excel
Procedures
SAS
MS Word
Products
Desired experience for manager credit includes:
Develop cardholder messages and interfaces with internal creative and production teams to design and produce marketing communications including in-store signage, cardholder applications, direct mail, and email
Mine cardholder KPI metrics, identifying trends, opportunities and risk
Assist the field with operational reporting, performance analysis, and sharing best practices
Track and allocate marketing funds towards credit card programs
Own, develop and optimize lifecycle cardholder engagement programs designed to sales
Develop and create the customer communication strategy
Manager Credit Examples
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Manager Credit Job Description
Job Description Example
Our growing company is hiring for a manager credit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager credit
- Supplies letters of credit to other companies as needed and obtains lines of credit from other companies
- Control the credit control policy, process and documentation
- Ensure credit limits are implemented, approved and monitored
- You will actively prepare and present credit applications to appropriate lending authorities for approval to clearly indentify both obligor risks & transaction risks arising from lease structure, collateral and documentations
- Works closely with the sales force in an effort to forge a solid working relationship between credit and sales teams
- Collaborate with third party vendors to develop co-branded marketing campaigns to encourage usage of PLCC and co-branded credit cards
- Thorough knowledge of daily and periodic department routines, procedures, policies and workflows, including, AML/ATF/KYC, and Privacy regulations
- Keep abreast with trends and developments in the industry and in the profession with laws and regulations affecting credit policies and practices
- Provide financial analysis and risk management reports with regard to credit limit issues and potential high risk customers
- Responsible for hands on processing of all new accounts, to include securing credit applications, trade references, resale certificates, bank references and financial statements
Qualifications for manager credit
- Knowledge of Direct Marketing best practices
- Strong knowledge of relevant ERP system (SAP, JDE, others), Hyperion (Retrieve & Enterprise)
- Organizational/ personnel management
- Bachelor degree or above (graduates from leading university preferred)
- Majored in accounting, finance, or business management
- Solid credit management knowledge
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Manager Credit Job Description
Job Description Example
Our company is hiring for a manager credit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager credit
- Maintain accounts receivable and credit management procedures and guidelines
- Develop credit management understanding within the organization and develop the credit management team
- Analyzes and conducts reviews of customer credit limits and payment history
- Handles the letters of credit for rack and wholesale
- Hire and train new team members on credit analysis
- Periodically review and report on customers, producer origination and servicing and administration practices to assure quality service and compliance on credit terms and agreements
- Monitor and report on producer and customer conditions on an ongoing basis to traders, global credit committee and management
- Travel to country locations to work with staff to analyze credit and accounts receivable
- Managing credit risk across varying economic cycles
- Provide for ongoing training of the credit staff
Qualifications for manager credit
- Able present to senior management
- Experience in a large multi-national publicly-held corporation a plus
- Strategic Vision and Action Oriented
- Ability to manage and oversee day to day credit management operations
- Master our Quality, EHS, Finance & Supply Chain standards
- Strategic thinker with the ability to Anticipate business activity and trend to acts proactively
3
Manager Credit Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of manager credit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager credit
- Take appropriate personnel-related action (i.e., hire, commend, discipline, evaluate, ) with Credit staff as required
- Act as the super-user for credit rating tool and collection agency service
- Provide finance training on credit management subjects
- Approve SAP roles affecting credit management and accounts receivable
- To work closely with Sales and Marketing, Front Office and other operation departments, offering advice and assistance on all matters relating to credit control
- Audit delinquent accounts considered to be noncollectable & ensure that all efforts are being made to bring the account to good standing before assigning a status of bad credit
- Establish new credit limits on customers and also review existing limits based on multiple scores of information
- Monitor past due payments and work closely with producers and customer to ensure delivery and collection of payments
- Approve and analyze accounts, trading and payment terms within delegated authorities and requirements
- Review bad debt quality and repayment performance on an ongoing basis
Qualifications for manager credit
- Manage conflict and resolve disputes in a professional manner, without compromise to standards
- Demonstrated problem solving and decision making skills, with the ability to work
- Practical knowledge of relevant legislation such as NCCP Practices & Privacy Act plus relevant state legislation
- Construction Industry related experience
- Lien experience
- Process management knowledge and knowledge of the risk profile
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Manager Credit Job Description
Job Description Example
Our growing company is looking for a manager credit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager credit
- Establish sound credit policies and procedures and monitor adherence
- Assists with the oversight of processing and ensures that guidelines are consistently enforced by Credit associates for delinquent accounts, and monitors daily cut-off for credit issues
- Professional and timely credit assessment of that portfolio
- Manage hotel’s credit and collection function
- Reference and approve all credit applications as to minimize collection risk
- Hold monthly credit meetings
- Increase communication with all involved parties in the credit process (Sales, Catering, Reservations and Front Desk)
- Review and examine check out with balance accounts daily to ensure and enforce hotel’s credit policy
- Develop and standardize written policy documentation related to the credit and customer set up process
- Interface with sales organization to communicate credit decisions and ensure timely review of new customers
Qualifications for manager credit
- Ability to resolve escalation of issues raised from other internal groups, partners and/or customers
- Rate negotiations and 3rd party vendor oversight
- Oracle, SAP or other large ERP experience
- Post secondary education or equivalent with previous experience in
- Must be organized and be an effective decision maker to meet the demands of a high volume environment
- Must adjudicate and underwrite complex business credit applications for sole proprietors, partnerships, small-to-large sized corporations, not-for-profit organizations, and various levels of government entities and agencies
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Manager Credit Job Description
Job Description Example
Our company is growing rapidly and is hiring for a manager credit. 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 manager credit
- Ensure that all the procedures are followed with invoice transactions that take place in their department
- Assigns responsibility for investigating and verifying financial status of prospective customers applying for credit
- Responsible for handling and storage of their credit files and accounts receivable records within their assigned area
- Establish the credit worthiness of potential and existing client
- Develop the business Credit Policy in relation trading terms and client obligations factoring in Group expectations
- Review and improve the business Credit and Collection strategy
- Oversee the day to day running of the Credit and Sales ledger department
- Review collection reports to obtain the status of collections and outstanding balances
- Monitor and address aged accounts
- Review and approve adjustments to accounts
Qualifications for manager credit
- Relationship and project management expertise to work with cross-functional teams across internal and external business units to handle critical and/or high risk issues, determining the most appropriate course of action for resolution
- Lead large groups through change and will demonstrate ability to document and execute process improvements and enhancements
- At times deal with ambiguous and complex, risk oriented, time sensitive issues which may impact a significant part of the organization
- Exhibit above average analytical skills, strong aptitude for problem solving, organization and planning
- Prepare and deliver various presentations, reports and communications to senior management and executive
- Analytical and business financial analysis skills