Muhammad Shakir

日期 : Sep 2012 - Jun 2024

<div><p>  </p><ul data-hveid="CCAQAQ" data-ved="2ahUKEwiBvfzs6L-JAxULUqQEHV23JYIQm_YKegQIIBAB"> <li> <strong>Credit risk assessment</strong> Credit managers assess the creditworthiness of potential customers and use AI to analyze large amounts of data to identify fraudulent credit applications      </li> <li> <strong>Credit policy</strong> Credit managers review and update the company's credit policy, and establish a bankruptcy policy      </li> <li> <strong>Loan management</strong> Credit managers approve or reject loan requests, negotiate loan terms, and calculate and set interest rates      </li> <li> <strong>Customer relations</strong> Credit managers maintain positive customer relations, respond to credit inquiries, and release orders      </li> <li> <strong>Collections</strong> Credit managers review collection reports to evaluate the effectiveness of collection procedures, and oversee the audit of delinquent accounts      </li> <li> <strong>Credit reporting</strong> Credit managers prepare monthly reports including actual and potential bad debt reports, high risk reports, and 3rd party reports      </li> <li> <strong>Staff management</strong> Credit managers lead, direct, evaluate, and develop the credit and collections staff      </li> <li> <strong>Communication</strong> Credit managers communicate credit decisions with sales organizations, and keep the team informed about company objectives, changes in credit policies, and industry updates      </li> </ul> Credit managers typically need a degree in accounting or finance, and previous banking experience is a plus </div>