Credit Manager

QA Test Company 2; Portland (ME); On-site; USD 70,000 - 105,000; Full time

Job summary

QA Test Company 2 is seeking a Credit Manager to oversee our lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests.

The role involves creating credit scoring models, setting loan terms and interest rates, and ensuring compliance while helping minimize bad debts and maximize loan revenues.

Qualifications

• Proven work experience as a Credit Manager, Credit Analyst or similar role.
• Hands-on experience with accounting software.
• Solid understanding of lending procedures.
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• BSc in Accounting, Economics, Banking and Finance or relevant field.

Responsibilities

• Research and evaluate clients’ creditworthiness
• Create credit scoring models to predict risks
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Negotiate loan terms with clients
• Monitor payments; maintain records of loan applications
• Follow up with clients to manage debt settlements and loan renewals
• Ensure all lending procedures comply with regulations
• Develop, review and update our company’s credit policies

Skills

Credit management experience

Accounting software

Lending procedures

Advanced Excel

Education

BSc in Accounting, Economics, Banking and Finance or relevant field

Tools

Accounting software

Job description

Credit Manager responsibilities include:

• Researching and evaluating clients’ creditworthiness
• Creating credit scoring models to predict risks
• Approving or rejecting loan requests, based on credibility and potential revenues and losses

Job brief

We are looking for a Credit Manager to oversee our company’s lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests.

Credit Manager responsibilities include creating credit scoring models, setting loan terms and determining interest rates. To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications. Previous banking experience is a plus.

Ultimately, you will help us minimize bad debts and increase revenues from loans.

Responsibilities

• Research and evaluate clients’ creditworthiness
• Create credit scoring models to predict risks
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Negotiate loan terms with clients
• Monitor paymentsMaintain records of loan applications
• Follow up with clients to manage debt settlements and loan renewals
• Ensure all lending procedures comply with regulations
• Develop, review and update our company’s credit policies

Requirements and skills

• Proven work experience as a Credit Manager, Credit Analyst or similar role
• Hands-on experience with accounting software
• Solid understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• BSc in Accounting, Economics, Banking and Finance or relevant field

QA Test Company 2 is an Equal Opportunity / Aff...

All qualified applicants will receive consideration for employment without regard to disability, race, color, veteran status, religion, sex, or national origin.

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