Area Credit Manager - Secured Business Loans (Micro LAP)

Job Description

Tata Capital Ltd is looking for Area Credit Manager - Secured Business Loans (Micro LAP) to join our dynamic team and embark on a rewarding career journey Credit Risk Assessment:Evaluate the creditworthiness of new and existing customers Analyze financial statements, credit reports, and other relevant information to determine credit limits Credit Policy Development:Develop and implement credit policies and procedures in line with company objectives Ensure compliance with legal and regulatory requirements related to credit management Credit Limit Determination:Set appropriate credit limits for customers based on risk analysis Periodically review and adjust credit limits as needed Customer Relationship Management:Collaborate with sales and customer service teams to understand customer needs and payment terms Communicate credit decisions and policies to internal and external stakeholders Collections Management:Monitor accounts receivable and aging reports to identify overdue payments Implement and manage collections strategies to minimize delinquencies Dispute Resolution:Investigate and resolve disputes related to billing and collections Collaborate with sales and customer service to address customer concerns and facilitate prompt resolution Reporting and Analysis:Prepare regular reports on credit and collections performance Analyze trends and provide insights to senior management Credit Training:Provide training to internal teams on credit policies, risk assessment, and collections procedures Stay informed about industry best practices and changes in credit-related regulations Credit Portfolio Management:Manage the overall credit portfolio for the assigned area Develop strategies to optimize the balance between risk and revenue