SBI Recruitment 2023

The primary role of a Credit Manager is to manage the credit and collections operations of an organization.

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They are responsible for assessing the creditworthiness of customers, setting credit limits and collecting accounts receivable. Credit Managers must ensure compliance with credit policies, maintain relationships with customers, vendors, and lenders, as well as oversee credit and collections staff.

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They also manage credit risk and take action to minimize losses. Additional duties of a Credit Manager include monitoring customer accounts and utilizing collection strategies to ensure timely payments. They must also be able to analyze data to identify trends and develop strategies to improve credit performance. Finally, Credit Managers must be knowledgeable of industry trends and legal regulations.