Job Description

Our client is seeking a Credit Manager with experience working with several loan types including residential, commercial, and business loans!

Key Responsibilities of a Credit Manager in a Bank:

• Creditworthiness Assessment: Evaluate potential and existing customers' creditworthiness using various models and data.
• Loan Approval/Rejection: Approve or reject loan requests based on risk assessment and company policies.
• Interest Rate and Loan Term Negotiation: Calculate and set interest rates, and negotiate loan terms with clients.
• Credit Policy Development and Management: Develop, review, and update the company's credit policies and procedures.
• Compliance: Ensure all lending procedures comply with relevant laws and regulations.
• Risk Management: Monitor loan payments, manage debt settlements and renewals, and minimize bad debts.
• Record Keeping: Maintain detailed records of company loans and client credit information.
• Relationship Management: Build and maintain relationships with clients, internal stakeholders, and external parties.
• Team Management: Lead and manage a team of credit analysts if applicable.

Requirements:

• Professional experience in lending and credit analysis. Knowledgeable of banking products and documentation.

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