Credit Specialist

📝 Job Description: Credit SpecialistPosition OverviewA Credit Specialist is responsible for evaluating, analyzing, and managing the creditworthiness of clients or customers. They ensure that lending decisions are sound, minimize financial risk, and align with company policies. This role requires strong analytical skills, attention to detail, and the ability to communicate effectively with both internal teams and external clients.Key Responsibilities🔍 Credit Analysis: Assess financial statements, credit reports, and payment histories to determine risk levels.📊 Risk Management: Recommend credit limits and terms to minimize exposure while supporting business growth.💼 Customer Evaluation: Review loan applications or customer accounts to ensure compliance with company standards.🧾 Documentation: Prepare detailed reports on credit decisions, approvals, and rejections.🤝 Collaboration: Work closely with sales, finance, and collections teams to balance customer satisfaction with financial security.📈 Monitoring: Track existing accounts for changes in creditworthiness and flag potential risks.⚖️ Compliance: Ensure adherence to legal, regulatory, and company credit policies.Qualifications🎓 Bachelor’s degree in Finance, Accounting, Business Administration, or related field.📑 Proven experience in credit analysis, lending, or financial risk management.💡 Strong analytical and problem-solving skills.🗣️ Excellent communication and negotiation abilities.🖥️ Proficiency in financial software and Microsoft Office Suite.📚 Knowledge of credit laws, regulations, and industry practices.Core CompetenciesAttention to detail and accuracyStrong ethical judgmentAbility to work under pressure and meet deadlinesCustomer-focused mindsetTeam collaboration and adaptability