Credit Manager job description

About the job

We are looking for a credit manager to set and apply the credit policy and keep the financing portfolio or receivables healthy and collected on time while supporting business growth.

Duties and responsibilities

• Set the credit policy, its procedures and approval limits and review them regularly
• Approve financing requests and customer credit limits within delegated authority and refer larger ones to the credit committee
• Monitor portfolio quality, debt ageing and arrears and set aside the provisions needed
• Oversee collections, reschedule troubled accounts and refer cases to the legal department where needed
• Make sure collateral and documents are in place before credit is granted and remain valid
• Ensure regulatory rules are followed, including the Central Bank of Libya's credit rules for banks
• Lead the credit and collections team and improve its performance
• Report on the credit portfolio and its risks to senior management

Requirements

• Bachelor's degree in accounting, finance or banking
• At least 6 years of experience in credit and collections management, including at least 2 years leading a team

The years of experience follow the level you choose when posting.

Skills

• Credit analysis
• Credit risk management
• Credit policy
• Collections management
• Financial statements
• Islamic financing products
• Leadership
• Decision-making

Preferred

• A master's degree in finance or business administration
• A professional certificate in credit or risk management
• Experience applying the IFRS 9 expected credit loss model