Responsibilities

• A credit administrator manages the credit process for a financial institution, including:
• Assessing the creditworthiness of potential customers and existing borrowers
• Developing and managing the bank's credit policy, which includes guidelines for how much credit to give customers, collections, and acceptable bad debt losses
• Preparing and submitting periodic reports to management on the status of loans, including the amount of loans approved, unpaid, and bad debt losses
• Ensuring compliance with legal requirements, industry regulations, and company credit policies
• Maintaining communication with customers about credit terms, payment schedules, and credit-related inquiries
• Monitoring and managing existing credit accounts, reviewing payment patterns, and identifying potential risks
• Obtaining, reviewing, and arranging loan documents, and preparing loan closing packages
• Managing data for credit transactions

Qualifications

• Have a Bachelor's degree in a related field, such as finance, accounting, or economics, and some industry experience.
• Have strong interpersonal skills, including the ability to prioritize, meet deadlines, and work well in a team.
• Customer service, Microsoft Excel, Account receivables, Invoicing, Collection management, Compliance, Reconciling, Accounts payable, and Accuracy.