Credit Officer

The Credit Officer at Fast Cables Limited plays a vital role in evaluating and managing the creditworthiness of potential and existing customers. This position involves extensive credit analysis and data analysis to assess credit risks associated with customer accounts. A strong attention to detail is crucial for this role, as the Credit Officer must ensure that all financial data and credit reports are accurate and reflective of the financial health of clients. With a minimum of 2 years of experience in credit control, the ideal candidate will be responsible for implementing credit policies and procedures that protect the companys financial interests while maintaining positive relationships with customers. This is an individual contributor role that does not involve managing a team but requires collaboration with other departments to provide comprehensive credit evaluations and recommendations.Responsibilities

Conduct thorough credit analyses to evaluate the financial status of clients and assess potential credit risks.
Review and interpret financial statements, credit reports, and other relevant data to determine the creditworthiness of customers.
Implement credit control policies and procedures to minimize financial risks and protect the companys assets.
Maintain accurate records of all credit evaluations and decisions, ensuring compliance with company regulations and legal requirements.
Prepare detailed credit reports and summaries for management review, highlighting key findings and recommendations.
Monitor existing customer accounts for payment trends and identify potential issues that may require intervention.
Collaborate with sales and customer service teams to align on credit policies and customer needs, ensuring cohesive support for clients.
Assist in the development and enhancement of credit policies, contributing insights and proposals based on analysis.
Provide regular updates and training to relevant teams regarding credit policies and any changes to credit evaluation processes.
Stay informed about industry trends and changes in financial regulations that may affect credit risk management.