A Credit Relationship Officer is responsible for building and maintaining relationships with clients by assessing their creditworthiness, managing loan applications, providing financial advice, and monitoring loan portfolios while ensuring compliance with lending policies and regulations, essentially acting as a bridge between Victoria Finance and its borrowers to facilitate credit facilities while mitigating risks. Key responsibilities include: -
a) Actively identify new clients, understand their financial needs, and establish strong relationships to identify potential loan opportunities.
b) Analyze financial statements, credit reports, and other relevant data to assess a client's creditworthiness and determine loan eligibility.
c) Gather necessary documentation, complete loan applications, and structure loan terms according to credit policies and client requirements.
d) Identify potential credit risks, implement appropriate mitigation strategies, and monitor loan portfolios for early warning signs of delinquency
e) Negotiate loan terms, interest rates, and repayment schedules with clients to reach mutually agreeable conditions.
f) Address client inquiries, resolve concerns related to loans, and provide ongoing financial guidance.
g) Monitor existing loan accounts, track repayment schedules, and take necessary actions to manage delinquent loans.
h) Maintain accurate records of loan transactions, prepare regular reports for management, and document all credit decisions
Qualifications, skills, and experience
a) Bachelor's degree in finance, accounting, or related field
b) Five years of experience in the banking or microfinance industry, preferably in credit analysis or relationship management.
c) Proficiency in Microsoft Office Suite and office management tools.
d) Strong analytical skills to evaluate financial data and assess credit risk
e) Excellent communication and interpersonal skills to build rapport with clients
f) Understanding of lending policies, procedures, and regulatory compliance