- Job Role : Credit Manager for Working Capital
- Responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies.
- They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution.
Key Responsibilities
Credit Assessment
Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness.
Risk Analysis
Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms.
Loan Approval
Approving or rejecting loan applications based on creditworthiness and adherence to company policies.
Credit Limit Determination
Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile.
Interest Rate Determination
Determining interest rates for loans based on factors like credit risk, market conditions, and company policies.
Loan Documentation
Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork.
Credit Monitoring
Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks.
Relationship Management
Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals.
Reporting
Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders.
Qualification : CA/MBA wil relevant work experience
Job description provided by Kotak Mahindra Bank.
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