Job Description:

Roles & Responsibilities:

- Evaluate the creditworthiness of clients by analyzing financial statements, credit reports, and payment history.

- Assess and determine the eligibility of clients for credit and further business transactions.

- Coordinate with banks and financial institutions to obtain and verify credit information.

- Coordination with Sales Team:

- Collaborate closely with the sales team to understand client requirements and credit terms.
- Ensure that all credit approvals are in line with company policies and sales strategies.
- Provide timely feedback to the sales team regarding credit approval status and any required documentation.

- Credit Approval and Documentation:
- Prepare and maintain all necessary documentation related to credit approvals and agreements.
- Ensure that all credit transactions comply with company policies and regulatory requirements.
- Monitor and update credit records in the company’s financial system.

- Client Communication and Relationship Management:
- Follow up with clients to gather required documentation and information for credit evaluation.
- Maintain effective communication with clients regarding their credit status and any issues related to their credit terms.
- Address and resolve client queries and concerns related to credit and payment terms.

- Bank Coordination:
- Liaise with banks to facilitate credit approvals and manage credit lines.




- Ensure timely processing of credit requests and resolve any issues that may arise with the bank.
- Monitor bank transactions related to client credits and ensure accuracy.

- Risk Management:
- Identify potential credit risks and recommend appropriate actions to mitigate them.
- Monitor client accounts to ensure timely payments and manage overdue accounts.
- Report any significant credit risks to senior management and suggest corrective actions.

- Reporting and Analysis:
- Prepare regular reports on credit activities, including approvals, rejections, and outstanding credit lines.
- Conduct periodic reviews of client credit limits and adjust as necessary based on their financial performance.
- Analyze credit data and trends to support decision-making and policy adjustments.

Preferred Qualifications:

- Bachelor's degree in finance, accounting, business administration, or related field.
- 2 years of experience in credit operations, risk management, or a related role.
- Knowledge of credit laws, regulations, and best practices.
- Solid analytical and problem-solving skills.
- Excellent communication and negotiation skills.
- Proficiency in using credit scoring models and financial analysis tools.

Additional Skills:

- Attention to detail and accuracy.
- Ability to work independently and collaboratively within a team.
- Proficient in Microsoft Office Suite and credit management software.

Benefits:

- Medical benefits
- 5 Working Days

📌 Sr Executive / Assitant Manager - Credit Operations (Mumbai)
🏢 Mantras2Success
📍 Mumbai