Credit Officer

Digitide; Thane; On-site; INR 600,000 - 900,000; Full time

Job summary

Digitide seeks a Credit Officer to oversee credit management, assess risk, and ensure regulatory compliance. You will review applications, analyze financial data, and collaborate with the finance team to implement policies while supporting customers with credit-related queries.

The role requires at least 3 years in credit management, strong analytical skills, and proficiency with credit software. You will work with internal teams to align policies with business objectives and maintain data

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• Minimum 3 years of experience in credit management or similar role.
• Strong knowledge of financial analysis and credit evaluation techniques.
• Excellent analytical and decision-making skills to assess risks.
• Proficiency in using financial software and tools for credit management.
• Effective written and verbal communication with customers and internal teams.
• Detail-oriented with ability to manage multiple tasks.
• Commitment to staying updated with industry best practices.

Responsibilities

• Review and evaluate credit applications based on financials and history.
• Assess creditworthiness and approve or decline credit requests.
• Collaborate with finance to develop and implement credit policies.
• Monitor and manage credit risks and implement mitigation strategies.
• Provide customer support for credit-related inquiries.
• Maintain records and ensure data accuracy and confidentiality.
• Analyze credit trends to identify process improvements.
• Stay updated with industry trends in credit management.
• Engage with sales and operations to align policies with business goals.
• Ensure compliance with legal and data privacy regulations.

Skills

Credit analysis

Financial analysis

Risk assessment

Analytical thinking

Decision making

Communication skills

Time management

Education

Bachelor's degree in Finance or Accounting

Tools

Credit management software

Job description

Job Description:

As a Credit Officer, you will be responsible for overseeing credit management and ensuring compliance with financial regulations. Your duties will include reviewing and analyzing credit applications, assessing creditworthiness, and making informed decisions on credit approvals. You will collaborate with the finance team to develop and implement credit policies, as well as monitor and manage credit risks. Additionally, you will provide support to customers by addressing their inquiries and concerns related to credit and financial matters.

Responsibilities

• Review and evaluate credit applications, considering financial statements, credit history, and other relevant factors.
• Assess creditworthiness and make informed decisions on credit approvals, considering the companys risk appetite.
• Collaborate with the finance team to develop and implement credit policies, ensuring compliance with regulatory requirements.
• Monitor and manage credit risks, including identifying potential issues and implementing mitigation strategies.
• Provide customer support by addressing inquiries and concerns related to credit and financial matters.
• Maintain accurate records and documentation for credit transactions, ensuring data integrity and confidentiality.
• Analyze credit trends and patterns to identify opportunities for process improvement and risk reduction.
• Stay updated with industry trends and best practices in credit management to enhance the companys credit operations.
• Build and maintain strong relationships with internal stakeholders, such as sales and operations teams, to align credit policies with business objectives.
• Ensure compliance with legal and regulatory requirements related to credit operations and data privacy.

Qualifications

• Bachelors degree in Finance, Accounting, or a related field.
• Minimum 3 years of experience in credit management or a similar role.
• Strong knowledge of financial analysis and credit evaluation techniques.
• Excellent analytical and decision-making skills, with the ability to assess risks and make informed judgments.
• Proficiency in using financial software and tools for credit management.
• Effective communication skills, both written and verbal, to interact with customers and internal teams.
• Ability to work independently and manage multiple tasks simultaneously.
• Attention to detail and a commitment to maintaining accurate records.
• Strong problem-solving skills and a customer-centric approach.
• Willingness to stay updated with industry developments and best practices.