credit adviser

Credit advisers offer guidance to customers related to credit services. They assess the customer's financial situation and debt issues arisen from credit cards, medical bills and car loans in order to identify optimal credit solutions for customers and also provide debt elimination plans to adjust their finances if needed. They prepare qualitative credit analyses and decision-making material in respect of defined customers in conformity with the bank's strategy on credit policy, ensure the credit quality and follow up on the performance of the credit portfolio. Credit advisers also have expertise in debt management and credit consolidation.

Alternative Labels

certified credit counselor

credit adviser

credit counselor

credit intermediary

debt counsellor

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

Narrower occupations

- credit analyst

Skills & Competences

Essential Skills and Competences

advise on financial matters analyse loans analyse the credit history of potential customers assess debtor's financial situation consult credit score examine credit ratings maintain client debt records maintain credit history of clients obtain financial information perform debt investigation prepare credit offers provide financial product information provide support in financial calculation

Essential Knowledge

credit control processes debt systems economics financial products insolvency law

Optional Skills and Competences

advise on credit rating advise on risk management analyse financial risk assess risks of clients' assets budget for financial needs communicate with banking professionals create a financial plan determine loan conditions develop investment portfolio forecast future levels of business interpret financial statements interview bank loanees monitor national economy prepare credit reports review investment portfolios synthesise financial information

Optional Knowledge

accounting techniques audit techniques banking activities business loans consumer protection corporate social responsibility credit card payments investment analysis microfinance mortgage loans property law securities tax legislation

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/1a87e487-6761-4374-b6db-100ac5a9ad5a

Status

released

Occupations

credit adviser

Description

Skills & Competences

Concept URI