Credit Executive Job Description
Credit executive
provides retail Credit Risk analytics for the development of new products, lending strategies and risk management of the portfolio.
Credit Executive Duties & Responsibilities
To write an effective credit executive job description, begin by listing detailed duties, responsibilities and expectations. We have included credit executive job description templates that you can modify and use.
Sample responsibilities for this position include:
Primary approval of annual reviews new credit production
Invoicing (e.g., third party software tools), tracking of payments, rResponding to inquiries, conduct research of non-payment
Analyse all credit aspects of debt proposals, including macroeconomic, systemic, regulatory, jurisdictional, market and business risk, transaction value proposition
Provides strategic leadership to the Business Risk organization for Factoring and Motorsports sub-business platform with in the CLL – Distribution Segment
Accountable for Risk ratings and risk classifications, net income, non-earnings, credit costs and other Business and Risk financial metrics
Evaluate, approve within authorities, or recommend for approval to 2nd line, credit/risk transactions for dealers and vendors
Ensure adherence to our risk appetite and maintain high asset quality and meet customer needs
Serves as member of functional/business senior leadership team
Provides strategic direction to function, including establishment of risk management strategies, risk appetites, risk limits, and risk reporting
Interacts with customers, senior business leaders and employees to build relationships, resolve issues and influence strategic outcomes
Credit Executive Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Executive
List any licenses or certifications required by the position: PMP, TDS
Education for Credit Executive
Typically a job would require a certain level of education.
Employers hiring for the credit executive job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Business, Accounting, Economics, Education, MBA, Graduate, Statistics, Business/Administration, Leadership
Skills for Credit Executive
Desired skills for credit executive include:
Is sensitive to the current regulatory environment
Leveraged lending and the specialty lending activities of the Institutional Bank
Risk management policies and programs
Adheres to the Bank's Risk Vision
Banking products and related risk issues
Debtor-In-Possession
Recognizes and proactively addresses risk
Traditional Asset Based Lending financing structures
Integrated wealth management
Identifies and appropriately manages risk
Desired experience for credit executive includes:
Efficiently allocate resources to maximize effectiveness
Lead the development and improvement of business processes to meet regulatory and economic requirements, including risk ratings & classifications, scorecards, data quality (accuracy and timeliness), valuations, and other standard underwriting and portfolio management processes
Ensure risk team’s adherence with Risk Management policies and procedures
Undertake portfolio reviews and analysis of portfolio trends to effectively and proactively manage risks and potential risks to the portfolio
Partner with the business to drive the risk culture more deeply into the organization
Hires, coaches and evaluates senior level managers in the organization
Credit Executive Examples
1
Credit Executive Job Description
Job Description Example
Our innovative and growing company is hiring for a credit executive. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit executive
- Of a moderately complex and/or small group of asset-based borrowers
- Reviews and establishes objectives and procedures
- Foster high levels of performance through candid feedback and coaching by working with the Bankers to ensure that they continue to improve product knowledge and credit skills
- Coach the Business Bankers to become a Trusted Advisor to our clients and to focus on building long term relationships
- The MCE is a key member of the Regional Leadership team and will develop strong relationships with the Regional Executive, MSE other MCEs all the other Business Partners
- Lead pre-screen activities with Bankers, MSE, and underwriters
- Direct client negotiation and participate in joint calling with the Business Bankers in support of priority credit opportunities
- Manages Business Bankers to effectively meet customer and bank demands
- Proactively manages team to balance risk and client needs
- Helps the bank achieve Community Reinvestment Act (CRA) goals by participating in public relations activities and contacting local Community Reinvestment Act organizations within the community
Qualifications for credit executive
- Demonstrated ability to make and deliver presentations to executives and external clients
- At least eight years of commercial and small business lending experience
- At least three years of Sales Management experience
- Minimum of 2 years’ experience in a derivatives business area, working within the in front office team
- Possess a PHD in a field relating to machine learning or artificial intelligence
- Previous experience in a quantitative developer role
2
Credit Executive Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of credit executive. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit executive
- Perform all necessary credit due diligence and analysis
- A Bachelor’s degree in Business, Finance, or other related field
- Arrange new employee onboarding and departure
- Participate in performing tasks on “special projects” as requested
- Assess the economic, financial, political and social dynamics in countries where the Firm does business and takes risk, including through on-site due diligence in key countries
- Assign internal credit ratings on sovereign, supranational and sub-sovereign counterparties
- Analyse the risks inherent in the products GS trades, including profiles of derivative and non-derivative trading instruments as well increasingly complex derivatives transactions, and understand their impact at the portfolio level
- Interact with Sales & Trading, Legal, Operations and Compliance departments to ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses
- Monitor, manage and report exposures at a counterparty and country level
- Participation in marketing activities, building client relationships
Qualifications for credit executive
- Be a positive role model for other members of the team
- Possess solid communication and interpersonal skills
- Strong programming experience in at least 3 of following
- Highly Numerate with experience working in pricing quantitative libraries
- Bachelor's degree in Business Administration, Finance, Mathematics or Economics
- Ideally masters degree level in CS, Math, data science, engineering discipline or equivalent
3
Credit Executive Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of credit executive. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit executive
- Ensure the operational stability of the business and work effectively with the various business control units in the bank, operations, risk, compliance
- Trade a variety of financial products to help mitigate exposures for the desk
- Monitor the various market risks that desk runs, and formulate expected P&Ls
- Ensure a clear understanding of the new regulations across GRA
- Independently ensure the satisfaction of assigned customers for the implementation and maintenance of depository and credit services
- Sell cash management services, provide loans, and standby Letter of Credit
- Resolve any issues, answering inquires related to existing and new services
- Develop and analyzes financial information to determine the advisability of granting credit for diversified types of loans
- Record the credit standing of customers and prospects
- Responsible for VAT matters at Ahmedabad location including calculation of monthly liability, preparation of monthly/quarterly/annual returns, Collection of forms both from customers as well from plant, finalization of VAT assessments and extend the support for cases in sales tax appeals
Qualifications for credit executive
- Credit Management designation preferred
- Must have superior communication and credit skills
- Time spent within corporate or investment banking would be beneficial to this position
- Position will be in the West Region
- Preferred location for candidate is San Francisco, but other locations may be considered
- Experience working on highly confidential projects with appropriate discretion and sensitivity
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Credit Executive Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of credit executive. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit executive
- To release weekly segment wise past due report & other time to time MIS required for AR
- Support in audit matters like queries raised in statutory audit for assigned locations and other audits like physical inventory etc
- Collaborate with modeling teams to develop and refine quantitative models in response to FRB stress testing exercises (CCAR, Risk Appetite, ICAAP)
- Oversee team responsible for monthly & quarterly, regulatory & management reporting processes for Business Banking credit specific results
- Manage a 30 person organization with approximately six direct reports, which entails managing performance, interviewing and hiring, and providing adequate training
- Ensure that the judgmental credit decisions are made in accordance with the risk appetite and risk strategy of Commerce Solutions
- Liaise with internal and external auditors and regulators at times when the group is under review
- Serve as the CSo Credit Risk lead and subject matter expert for internal projects that have dependencies on Credit Risk
- Provide strategic credit decisions and recommendations on all Wholesale Credits, structuring accounts as needed to mitigate credit exposure
- Work with internal counsel to assist in the negotiation of credit provisions within the merchant agreements for large corporate clients
Qualifications for credit executive
- Team player with an ability to work in small teams and mentor junior professionals
- High degree of fluency in German language a must
- 10 plus years of commercial credit or wealth management credit experience or a combination of lending and credit experience
- In depth experience with related credit systems such as Exposure Now, eCLIPS, LIQ, DealWorks, GTS Inquiry, CLW
- Strong academic record with minimum of Master’s in Economics, Finance, or International Relations or a related discipline
- Must have prior experience of working in Credit Risk Management within investment banks
5
Credit Executive Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of credit executive. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit executive
- Guide the team in the development and implementation of policies and procedures to ensure that there is a strong Controls infrastructure within the group
- Work with Control partners to identify any control gaps that may exist and work to close those gaps with appropriate controls
- Analyze departmental operations and processes to ensure efficiencies are maximized using a risk based approach to underwriting and credit reviews
- Monitor departmental performance and identify areas where new/enhanced systems can improve the quality of existing services recommend means for improvement, including procedural steps, increased training, and enhanced documentation
- Serve as an escalation point for complex deals, difficult issues or problems, merchant complaints, complaints from internal stakeholders
- Directly responsible to underwrite structure and complete credit requests including the initiation and completion of all required loans documentation and agreements
- Maintain and monitor all required collateral arrangements
- Liaison with Credit Administration, the Note Center, the Documentation Center and Legal Department as required
- Directly responsible for maintaining ongoing credit monitoring of an assigned credit portfolio to ensure the highest level of credit quality and promptly recognize/communicate potential credit quality issues
- Responsible for underwriting and portfolio management in adherence to the Bank’s guidelines and policies while working to achieve satisfactory results from the Bank’s internal and external examines
Qualifications for credit executive
- Must have skills and experience to work at Executive Director level in an investment bank
- Experience of working in an advisory capacity
- Demonstrated expertise with respect to supranational, government-related entities (GREs), and/or sub-sovereign governments
- Understanding of credit rating agencies and relevant rating methodologies for sovereign, supranational, GRE or sub-sovereign governments
- Familiarity with credit analysis more broadly, as it applies to financial institutions, corporates, funds
- Experience analysing and working with OTC derivative products, including equity and funding products