Credit Manager - Personal Loan

Credit Manager-Personal Loan-Credit Role & Responsibilities : Creditworthiness Assessment: Evaluate potential personal loan applicants by analyzing financial statements, credit reports, and payment histories to determine their creditworthiness and ability to repay. Loan Application Processing: Manage and authorize loan and credit applications, deciding to approve or reject requests based on established credit policies and the applicant's financial profile. Credit Policy Development: Create, implement, and regularly update the company's credit policies, guidelines, and procedures to mitigate risk and optimize loan performance. Risk Management: Develop credit scoring models to predict risks and set credit limits for borrowers, thereby managing the overall credit exposure of the organization. Loan Portfolio Management: Monitor the existing loan portfolio, ensuring timely payments and managing overdue accounts through follow-ups and debt settlement negotiations. Regulatory Compliance: Ensure all lending activities and credit procedures comply with applicable local and national regulations and internal policies