Senior Credit Officer
Essential Duties and Responsibilities:1. Controlling debtors by collecting payments from delinquent accounts or negotiating with creditors for lower rates2. Providing financial advice to small businesses on topics such as capitalization, debt management, and cash flow analysis3. Reviewing financial records such as bank statements, tax returns, and credit applications to verify accuracy and ensure compliance with laws and regulations4. Monitoring financial markets to identify emerging risks and opportunities for their organization5. Evaluating customer creditworthiness based on financial history, current status of debts, and financial assets6. Reviewing loan applications and determining whether to approve or deny loans based on criteria such as income levels, credit histories, and collateral offered7. Scheduling payments, collecting payments, and monitoring delinquencies on accounts receivable in order to collect outstanding balances from customers8. Determining an appropriate interest rate for loans based on the risk involved for the lender and the potential return on investment for the borrower9. Preparing reports regarding delinquencies, collections, or other activities that are required by federal or state laws