Sr Executive / Assitant Manager - Credit Operations

Sr Executive / Assitant Manager - Credit Operations

7 Nos.
74918
Full Time
1.5 Year(s) To 3.0 Year(s)
4.00 LPA TO 6.00 LPA
Risk Management & Compliance
Internet/Ecommerce
BBA / BMS - Account/Finance; BBA / BMS - Management; BBA / BMS - Marketing
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.

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