Hiring Solutions Hiring for Credit Officer at Patna, Bihar, India

We are looking for a Credit Officer to oversee our company’s lending process, from evaluating clients creditworthiness to approving or rejecting loan requests.

Credit Officer responsibilities include creating credit scoring models, setting loan terms and determining interest rates. To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications. Previous banking experience is a plus.

Ultimately, you will help us minimize bad debts and increase revenues from loans.

Responsibilities

• Research and evaluate clients creditworthiness
• Create credit scoring models to predict risks
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Negotiate loan terms with clients
• Monitor payments
• Maintain records of loan applications
• Follow up with clients to manage debt settlements and loan renewals

Requirements And Skills

• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• Negotiation skills
• BSc in Accounting, Economics, Banking and Finance or relevant field

This job is provided by Shine.com