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Title
Text copied to clipboard!Commercial Credit Manager
Description
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We are looking for a highly skilled Commercial Credit Manager to oversee the credit risk assessment and lending processes for our organization. The ideal candidate will have extensive experience in commercial credit analysis, risk management, and financial evaluation. This role requires a deep understanding of financial statements, credit policies, and regulatory compliance to ensure sound lending decisions. The Commercial Credit Manager will work closely with sales, finance, and risk management teams to develop and implement credit policies that align with the company’s financial goals.
Key responsibilities include evaluating credit applications, analyzing financial data, and determining the creditworthiness of potential clients. The role also involves monitoring existing credit accounts, identifying potential risks, and recommending appropriate actions to mitigate financial exposure. The Commercial Credit Manager will be responsible for maintaining strong relationships with clients while ensuring compliance with internal policies and external regulations.
The ideal candidate should possess strong analytical skills, attention to detail, and the ability to make data-driven decisions. Excellent communication and negotiation skills are essential, as the role requires frequent interaction with clients, senior management, and financial institutions. Additionally, the candidate should be proficient in financial modeling, credit scoring, and risk assessment tools.
This position offers an exciting opportunity to contribute to the financial stability and growth of the organization. If you have a passion for finance, risk management, and strategic decision-making, we encourage you to apply for this role.
Responsibilities
Text copied to clipboard!- Evaluate and approve commercial credit applications based on financial analysis.
- Develop and implement credit policies to minimize financial risk.
- Monitor and manage the credit portfolio to ensure compliance with company policies.
- Conduct risk assessments and recommend strategies to mitigate potential losses.
- Collaborate with sales and finance teams to optimize credit terms and conditions.
- Maintain relationships with clients and financial institutions to facilitate credit transactions.
- Ensure compliance with regulatory requirements and industry best practices.
- Prepare reports and presentations on credit risk and financial performance.
Requirements
Text copied to clipboard!- Bachelor’s degree in finance, accounting, or a related field.
- Minimum of 5 years of experience in commercial credit management.
- Strong analytical and financial modeling skills.
- Proficiency in credit risk assessment tools and software.
- Excellent communication and negotiation skills.
- Ability to work collaboratively with cross-functional teams.
- Knowledge of regulatory requirements and compliance standards.
- Attention to detail and strong problem-solving abilities.
Potential interview questions
Text copied to clipboard!- Can you describe your experience in commercial credit risk assessment?
- How do you evaluate the creditworthiness of a potential client?
- What strategies do you use to mitigate financial risks?
- Can you provide an example of a challenging credit decision you made?
- How do you ensure compliance with credit policies and regulations?
- What financial metrics do you consider most important in credit analysis?
- How do you handle disputes or disagreements with clients regarding credit terms?
- What software or tools do you use for credit risk assessment?
