Credit Manager-Personal Loan-Credit

Role & Responsibilities

• Creditworthiness Assessment:
  
  

Evaluate potential personal loan applicants by analyzing financial statements, credit reports, and payment histories to determine their creditworthiness and ability to repay.

• Loan Application Processing:
  
  

Manage and authorize loan and credit applications, deciding to approve or reject requests based on established credit policies and the applicant's financial profile.

• Credit Policy Development:
  
  

Create, implement, and regularly update the company's credit policies, guidelines, and procedures to mitigate risk and optimize loan performance.

• Risk Management:
  
  

Develop credit scoring models to predict risks and set credit limits for borrowers, thereby managing the overall credit exposure of the organization.

• Loan Portfolio Management:
  
  

Monitor the existing loan portfolio, ensuring timely payments and managing overdue accounts through follow-ups and debt settlement negotiations.

• Regulatory Compliance:
  
  

Ensure all lending activities and credit procedures comply with applicable local and national regulations and internal policies