Credit Manager Cover Letter

I submit this application to express my sincere interest in the credit manager position.

Previously, I was responsible for back up to the Credit Manager by assisting with all cash application facets of the credit department’s processes.

Please consider my experience and qualifications for this position:

• Experience in Credit / Receivable preferable
• Properly document credit analysis
• Monitor and recover account receivables
• Keep CPOs on track regarding A/R outstandings and overdues and challenge them on collection activities incl
• Strong knowledge of Excel, Word, Powerpoint and SAP
• Commitment to actively pursue certification credentials through the National Association of Credit Management
• Professional communication with customers and all levels of our organization
• A knowledge of tools used to secure customer accounts, and

I am excited to be applying for the position of credit manager. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for credit solutions for the timeous rehabilitation of delinquent accounts and initiating the transfer to Business Support and / or Legal Recovery Services (LRS) for groups / accounts which cannot be rehabilitated in the normal credit environment.

Please consider my qualifications and experience:

• Knowledge of loan documents, and servicing of loans booked on the commercial loan system
• Requires PC proficiency including Excel, Word, Outlook, and other applications
• BS dregree in Finance, Business or related fields
• Senior Matriculation or equivalent, with a good knowledge of Collection and Credit Application
• Fluent in both official languages (English and French) an asset
• Experience with Opera Property Manager Microsoft Excel, Word and Outlook
• Extensive knowledge of common measurement tools including DSO calculations, Current Ratio, and Cash Forecasting
• Experience with multiple Enterprise Requirements Planning (ERP) systems

I would like to submit my application for the credit manager opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for support and assist in the resolution and clearance of customer deductions from the accounts receivable ledger.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Solid experience in a senior Credit Management role, ideally within a larger corporate environment
• Vast understanding of credit reporting agency data, D&B Equifax
• Proficient in reading/ interpreting financial statements for the purpose of granting credit facilities
• Excellent written and verbal communications & strong negotiation skills
• Strong problem solving skills & process improvement
• Ideally CICM qualified
• Assesses and volunteers information about own performance relative to role requirements / performance objectives
• Consistently contributes to the long-term vision and encourages strategic thinking in others

I am excited to be applying for the position of credit manager. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for analytical support relative to Accounts Receivable and Customer Credit information for Global Business/Marketing and Finance, in addition to audit support for internal and external audits.

Please consider my qualifications and experience:

• Knowledge of mortgage/banking principles, practices and automation preferred
• Conducts collection activity on past due and over credit limit accounts
• Complete daily tasks
• Manage credit risk and consistently meet minimum branch performance metrics
• Process credit applications and credit reference verifications per policy deadlines
• Perform credit review of existing clients for credit limit decreases/increases based on company policy and procedure
• Proficiency in MS Office (Excel, Word, and Outlook)
• High attention to detail, proficient in Microsoft Office packages

In response to your job posting for credit manager, I am including this letter and my resume for your review.

Previously, I was responsible for weekly and quarterly metrics reports with updates on collection status and analysis of movements on the accounts receivable ledger.

My experience is an excellent fit for the list of requirements in this job:

• Products on offer
• Various segments to whom we lend
• Ensuring discipline in adherence to processes involved in credit buying
• Underwriting & making proposals of business loans and other products as per location requirement(BL OD, LAP)
• Manage the credit processing agent‟s activities
• Ensure systematic verification processes and coordinate with verification agencies
• Be up to date on industries we lend and business environment in general
• Take appropriate credit decision