credit manager

Credit managers oversee the application of credit policy in the bank. They decide the credit limits to be imposed, the reasonable levels of risk accepted and the conditions and terms of payment made to the customers. They control the collection of payments from their customers and manage the credit department of a bank.

Alternative Labels

branch credit administrator

consumer credit manager

credit administration manager

credit and collection manager

credit controller

credit control manager

credit control supervisor

credit department manager

credit manager

credit policy manager

loan and credit manager

senior credit officer

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

advise on financial matters analyse financial performance of a company analyse financial risk analyse the credit history of potential customers apply credit risk policy create a financial plan create credit policy determine loan conditions enforce financial policies follow company standards handle financial transactions liaise with managers maintain records of financial transactions manage financial risk manage staff obtain financial information plan health and safety procedures strive for company growth synthesise financial information trace financial transactions

Essential Knowledge

corporate social responsibility credit control processes debt collection techniques debt systems financial analysis financial management financial statements insolvency law

Optional Skills and Competences

advise on credit rating analyse loans analyse market financial trends assess financial viability budget for financial needs communicate with banking professionals consult credit score ensure proper document management examine credit ratings maintain client debt records perform clerical duties perform debt investigation prepare credit reports

Optional Knowledge

banking activities business loans contract law investment analysis mortgage loans property law securities tax legislation

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/32fafe2c-0099-4852-889e-46614ce9a9ae

Status

released

Occupations

credit manager

Description

Skills & Competences

Concept URI