About this role
Manage and oversee all credit-related activities for the Khammam branch, ensuring compliance with company policies and risk management guidelines.
Job Responsibilities:**
* Evaluate creditworthiness of new and existing customers by analyzing financial statements, credit reports, and other relevant data. * Approve or reject credit applications within delegated authority limits, providing clear justifications for decisions. * Monitor customer accounts for overdue payments and initiate appropriate collection actions. * Negotiate repayment plans and settlements with customers when necessary. * Develop and implement strategies to minimize credit risk and bad debt. * Prepare regular reports on credit portfolio performance, including credit exposures, collections, and provisions. * Collaborate with sales and operations teams to facilitate smooth credit processes. * Ensure adherence to all internal credit policies, procedures, and regulatory requirements. * Train and mentor junior credit staff, if applicable. * Conduct periodic reviews of credit policies and recommend improvements.
Job Qualifications:**
* Bachelor's degree in Finance, Accounting, Business Administration, or a related field. * Minimum of 5 years of experience in credit management, preferably within the financial services sector. * Proven track record of effective credit risk assessment and management. * Strong analytical skills with the ability to interpret financial data and make sound credit decisions. * Excellent communication, negotiation, and interpersonal skills. * Proficiency in credit analysis software and Microsoft Office Suite (especially Excel). * Thorough understanding of relevant credit regulations and compliance standards. * Ability to work independently and as part of a team in a fast-paced environment. * Residency or strong familiarity with the Khammam region is a plus.