Credit Risk Manager Apply
Job Title: Credit Risk Manager
Company: Augmentjobs
Salary Range: $80,000 to $120,000
Experience Level: 2 to 5 years
Job Description:
As a Credit Risk Manager at Augmentjobs, you will be responsible for overseeing and managing the company's credit risk exposure. You will develop and implement strategies to minimize credit risk, evaluate the creditworthiness of potential and existing clients, and ensure compliance with regulatory requirements.
Key Responsibilities:
1. Credit Risk Assessment: Analyze and assess the creditworthiness of potential and current clients. Use financial models and data to evaluate risk levels and recommend appropriate credit limits.
2. Risk Management Strategies: Develop and implement risk management strategies to minimize credit risk and ensure they align with company objectives and regulatory standards.
3. Policy Development: Create and maintain credit risk policies and procedures to manage credit exposure and ensure compliance with industry regulations.
4. Monitoring & Reporting: Continuously monitor credit risk and prepare detailed reports on credit exposure, risk trends, and potential issues for senior management.
5. Client Interactions: Collaborate with clients to understand their financial situation and negotiate terms and conditions that mitigate risk while maintaining strong business relationships.
6. Data Analysis: Utilize data analytics to identify trends and potential risk factors. Prepare forecasts and scenarios to support decision-making processes.
7. Compliance: Ensure all credit risk management practices adhere to regulatory requirements and industry best practices.
8. Cross-Functional Collaboration: Work closely with other departments, including finance, legal, and sales, to integrate credit risk management into overall business operations.
Required Skills:
1. Analytical Skills: Strong analytical and problem-solving abilities to assess credit risk and develop effective strategies.
2. Financial Acumen: In-depth knowledge of financial statements, credit analysis, and risk assessment techniques.
3. Attention to Detail: High attention to detail to ensure accuracy in credit risk evaluation and reporting.
4. Communication Skills: Excellent verbal and written communication skills to effectively present risk assessments and collaborate with clients and internal teams.
5. Technical Proficiency: Proficiency in credit risk management software and tools. Advanced skills in Microsoft Excel and other data analysis tools.
6. Regulatory Knowledge: Understanding of relevant regulatory requirements and industry standards related to credit risk management.
7. Decision-Making: Strong decision-making skills to manage and mitigate credit risk while supporting business objectives.
8. Experience: 2 to 5 years of experience in credit risk management or a related field, with a proven track record of effective risk management strategies.
Preferred Qualifications:
1. Educational Background: Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or professional certification (e.g., CFA, FRM) is a plus.
2. Industry Experience: Previous experience in a similar role within the financial services or credit industry is preferred.
If you are a proactive and detail-oriented professional with a strong background in credit risk management, we encourage you to apply for this exciting opportunity at Augmentjobs.
Certainly! Here's a list of skills for a Credit Risk Manager:
