Assess client creditworthiness using financial statements, credit reports, and ratios (like D/E, current ratio).
Financial Statement Analysis Evaluate balance sheets, income statements, and cash flow statements.
Risk Assessment Identify and evaluate the risk of non-payment or default.
Knowledge of Credit Policies Familiarity with internal and regulatory credit standards (e.g., Basel norms, RBI, or FDIC guidelines).
ERP/Accounting Software Experience with tools like SAP, Oracle, Tally, or QuickBooks.
Credit Scoring Systems Understand systems like CIBIL, Experian, Equifax, or TransUnion.
Accounts Receivable Management Track and manage outstanding invoices and ensure timely payments.
Regulatory Compliance Knowledge of relevant laws like Fair Credit Reporting Act (FCRA) or GDPR for data handling.
📊 Core Business Skills
Skill Description
Data Interpretation Ability to derive actionable insights from financial and operational data.
Documentation Prepare and manage credit applications, approval documents, and legal agreements.
Negotiation Negotiate credit terms or payment plans with customers or vendors.
Reporting Generate credit risk reports, aging reports, and exposure summaries.
Portfolio Management Handle a portfolio of accounts with varying credit profiles and limits.
🤝 Soft Skills
Skill Description
Attention to Detail Precision in analyzing financial data and documentation.
Communication Clearly communicate credit decisions and payment terms to stakeholders.
Decision-Making Make timely, well-informed credit decisions under pressure.
Problem-Solving Resolve disputes, negotiate settlements, and manage payment delays.
Team Collaboration Work with sales, legal, and collections teams to align credit strategy.
Time Management Prioritize workload across multiple accounts and deadlines.
🛠 Bonus/Advanced Skills
Knowledge of credit insurance practices
Fraud detection and mitigation techniques
Familiarity with IFRS/GAAP accounting standards
Use of BI tools like Power BI or Tableau for credit reporting
Would you like a resume-ready skills list for a Credit Executive role or want this tailored to a specific industry (like banking or retail)?