Credit Manager Commercial Vehicle Loans
Location
Rajkot | India
Job description
Overview
The Credit Manager for Commercial Vehicle Loans plays a crucial role in the organizations lending operations responsible for assessing the creditworthiness of commercial vehicle loan applicants and managing the overall credit risk associated with the loan portfolio. The role requires a keen understanding of credit analysis risk assessment and financial statement analysis to make sound lending decisions and uphold the organizations credit standards.
Key Responsibilities
- Conduct comprehensive credit analyses to determine the creditworthiness of commercial vehicle loan applicants.
- Assess the financial statements credit reports and other relevant financial data to evaluate the potential risks associated with the loan applications.
- Develop and implement credit underwriting guidelines tailored to commercial vehicle loans.
- Collaborate with the sales and business development teams to structure credit facilities that meet the needs of commercial vehicle loan customers.
- Manage the credit approval process and ensure adherence to established credit policies and procedures.
- Monitor the performance of the commercial vehicle loan portfolio and implement proactive risk management strategies.
- Review and update the credit scoring models and risk assessment frameworks to enhance lending decisionmaking.
- Provide guidance and support to team members involved in credit evaluation and underwriting processes.
- Establish and maintain effective communication channels with internal and external stakeholders to facilitate the credit evaluation and approval processes.
- Contribute to the development of strategies for expanding the commercial vehicle loan portfolio while managing credit risks effectively.
Required Qualifications
- Bachelors degree in Finance Accounting Business Administration or a related field.
- Proven experience in commercial lending with a focus on commercial vehicle loans.
- Demonstrated expertise in credit analysis risk assessment and financial statement analysis.
- Strong understanding of underwriting principles and practices specific to commercial vehicle financing.
- Knowledge of relevant industry regulations and compliance requirements.
- Excellent analytical and problemsolving skills with attention to detail.
- Effective communication and negotiation abilities to interact with stakeholders at all levels.
- Proficiency in utilizing financial analysis tools and credit scoring models.
- Ability to thrive in a fastpaced dynamic environment while managing multiple priorities effectively.
- Professional certifications in credit management or related areas would be an advantage.
stakeholder interaction,credit underwriting guidelines,risk assessment,financial analysis tools,customer relationship management,credit analysis,portfolio management,financial statement analysis,loan portfolio management,underwriting,communication,sales collaboration,credit scoring models,risk management strategies
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