Test 11/13/24

QA Test Company 2; Fairview Park (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

QA Test Company 2 seeks a Credit Manager to oversee the lending process from evaluating creditworthiness to approving or rejecting loan requests. You will also set interest rates and negotiate terms with clients to optimize revenue and minimize losses.

The role requires a degree in Accounting or Finance and hands-on experience with loan processing. Prior banking exposure is a plus, with a focus on maintaining compliance and reducing bad debts.

Qualifications

• Degree in Accounting, Finance, or a related field.
• Experience processing loan applications or credit decisions.
• Strong analytical and Excel spreadsheet skills.

Responsibilities

• Research and evaluate clients’ creditworthiness.
• Create credit scoring models to predict risks.
• Approve or reject loan requests based on credibility and potential revenue.
• Calculate and set interest rates.
• Negotiate loan terms with clients.
• Monitor payments and maintain loan records.
• Follow up with clients to manage debt settlements and renewals.
• Ensure lending procedures comply with regulations.
• Develop and update the company's credit policies.

Skills

Proven credit management experience

Accounting software

Analytical skills

Excel

Regulatory knowledge

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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