Credit Officer
Review and authorize loans and credit lines for businesses or individuals.
Job opportunities
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Jobs in Jobstreet right now
Job growth
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In the last year
Salary
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Typical monthly salary
Job satisfaction
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Job opportunities
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Jobs in Jobstreet right now
Salary
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Typical monthly salary
Job growth
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In the last year
Job satisfaction
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What's it like to be a Credit Officer?
Credit Officers are financial professionals who are responsible for reviewing, evaluating and approving loan requests. They analyze clients' financial information and make decisions about granting loans. In addition to approving loans, Credit Officers are also responsible for monitoring the payment of existing loans, ensuring that payments are made on time and managing any debt recovery. They usually work in banks, credit unions, and other financial institutions.
Tasks and duties
- Evaluating credit applications and assessing creditworthiness of potential clients.
- Maintaining records of credit transactions, deposits, and payments.
- Meeting with clients to obtain information for loan applications and answer questions about the process.
- Monitoring and updating account records, investigating and resolving discrepancies.
- Recommending approval, denial or limited lines of credit based on clients' credit history.
- Analyzing financial data to determine whether a loan may be a risk for the bank.
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Latest Credit Officer jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Credit Officer employers on Jobstreet are looking for job seekers with expertise in the following areas.
Source: Jobstreet job ads and Jobstreet Profile data
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