Credit Analyst

Purpose:

To creditworthiness of individuals, companies, or organizations seeking credit. To analyze and evaluate the financial information to determine the risk associated with extending credit to them. Proactively manage and monitor the organization's credit risk and minimize the organization's credit risk exposure.

OPERATIONAL:

Reviewing financial statements and other relevant documents to assess the financial health and stability of buyer. Analyze income statements, balance sheets, cash flow statements, and ratios to determine the buyer's ability to meet debt obligations

• Evaluating the creditworthiness of buyer based on the analysis of financial data, industry trends, market conditions, and other relevant factors.

• Making recommendations regarding the approval, denial, or modification of credit application based on risk assessments, determining appropriate credit limits, collateral requirements, and payment terms

• Conducting thorough background checks on customers, including verifying their identities, documents, assessing their payment histories, reviewing credit reports, and evaluating any potential red flags or risks

• Preparing detailed credit reports and maintaining accurate records of credit analyses, decisions, and related documentation

• Communicate findings and give recommendations to Sales team, Sales/BD Managers, and other stakeholders

• Monitoring the credit performance of existing customers and identifying any early warning signs of financial distress or deterioration

• Conduct periodic reviews of buyer portfolios and recommend actions, such as immediate credit limit reduction, withdrawal, claims or legal proceedings

• Handling end-to-end Credit insurance Portfolio, CL application, Cancellation, withdrawal, claims and Turnover declaration.

Job Type: Full-time

Pay: Rs150, Rs250,000.00 per month

Work Location: In person