1. Key Responsibilities as a Credit Manager:
· Evaluate loan applications and assess borrower risk based on credit reports, income verification, and loan history.
· Perform KYC (Know Your Customer) and AML (Anti-Money Laundering) checks in line with company and legal guidelines.
· Analyze credit data and financial information to determine loan eligibility.
· Approve or decline loans within assigned credit limits or escalate decisions as needed.
· Communicate clearly with customers regarding loan terms, repayment schedules, and any conditions.
· Monitor loan portfolios for delinquencies and initiate pre-collection follow-ups.
· Ensure compliance with payday lending laws, fair lending practices, and internal risk policies.
· Coordinate with collections, customer service, and legal teams to manage high-risk accounts.
· Maintain accurate records of credit decisions and supporting documentation.
· Contribute to the improvement of risk assessment models and processes.