Sr Executive / Assitant Manager - Credit Operations
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.
- Strong 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
Company Profile
The company is a world-renowned $13 billion conglomerate with presence across various sectors: Steel, Energy, Minerals, Port & Infrastructure, Cement, Ventures & Paints across India, the US, South America & Africa.
Leveraging their extensive distribution network & supply chain mgmt. exp, they bring to India their B2B Ecommerce ---.
This is a growth oriented tech company that is building the most preferred --- stop, omni-channel & integrated tech-led offering for MSMEs, Individual Home Builders (IHBs) & turn-key construction contractors.
Key Clients :
MSMEs: Manufacturing business that require steel for industrial use.
Independent Home Builders (IHB's): Those who build residential properties on their own land (may not be an enterprise).
Independent Customers: Builders, who develop properties for personal end use.
Influencers: This group consists of masons, contractors, architects, fabricators, interior designers etc.
Apply Now
- Interested candidates are requested to apply for this job.
- Recruiters will evaluate your candidature and will get in touch with you.