Credit Life Officer

SkillLabs; Meerut; On-site; INR 350,000 - 550,000; Full time

Job summary

SkillLabs in India seeks a Credit Officer to plan and execute credit-related projects, assess applications, set limits, and monitor risk. You will resolve disputes, decide on extensions, and manage collections.

You will collaborate with sales, finance, and legal teams to ensure accurate reporting and compliance, while providing credit advice to stakeholders and mentoring junior staff as needed.

Responsibilities

• Project Planning and Execution: A Credit Officer is responsible for planning and executing credit-related projects, including assessing credit applications, setting credit limits, and monitoring credit risk exposure.
• Problem-Solving and Decision-Making: This role involves resolving credit disputes, making decisions on credit extensions, and managing collections processes efficiently.
• Collaboration with Cross-Functional Teams: Credit Officers work closely with sales teams to understand customer needs, finance teams to ensure accurate financial reporting, and legal teams for compliance matters.
• Leadership and Mentorship: Senior Credit Officers may provide leadership to junior team members, offering guidance on credit analysis techniques and risk assessment.
• Process Improvement and Innovation: Constantly seeking ways to streamline credit processes, adopt new technologies for credit assessment, and improve overall credit management practices.
• Technical or Customer-Facing Responsibilities: Handling customer inquiries related to credit terms, negotiating payment arrangements, and providing credit advice to internal and external stakeholders.

Job description

Key Responsibilities

• Project Planning and Execution: A Credit Officer is responsible for planning and executing credit-related projects, including assessing credit applications, setting credit limits, and monitoring credit risk exposure.
• Problem-Solving and Decision-Making: This role involves resolving credit disputes, making decisions on credit extensions, and managing collections processes efficiently.
• Collaboration with Cross-Functional Teams: Credit Officers work closely with sales teams to understand customer needs, finance teams to ensure accurate financial reporting, and legal teams for compliance matters.
• Leadership and Mentorship: Senior Credit Officers may provide leadership to junior team members, offering guidance on credit analysis techniques and risk assessment.
• Process Improvement and Innovation: Constantly seeking ways to streamline credit processes, adopt new technologies for credit assessment, and improve overall credit management practices.
• Technical or Customer-Facing Responsibilities: Handling customer inquiries related to credit terms, negotiating payment arrangements, and providing credit advice to internal and external stakeholders.