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 outst

📌 Sr Executive (Mumbai)
🏢 Mantras2Success
📍 Mumbai