Consumer Credit Supervisor supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Being a Consumer Credit Supervisor provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Consumer Credit Supervisor requires a bachelor's degree. Typically reports to a manager. The Consumer Credit Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Consumer Credit Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)
Credit Specialist
ASA Electronics, LLC
Department: Finance/ Accounting
General: A crucial role in managing the credit and risk assessment processes within our organization:
Required Qualifications: High school diploma & at least two years of accounting or banking experience.
Responsibilities:
Credit Analysis – Conduct thorough analysis of credit applications, including financial statements, credit reports, and other relevant information to access the creditworthiness of prospective customers. Evaluate the credit risk of existing customers considering factors such as payment history, financial stability, and industry trends.
Customer Communication – Communicate credit decisions to internal and external stakeholders in a clear and timely manner, providing explanations and guidance as necessary.
Relationship Management - Establish strong customer relationships providing guidance on credit related matters while also enforcing credit policies and procedures.
Collections Management – Monitor and manage overdue accounts, implementing appropriate collection strategies to minimize credit losses and maintain cash flow. Researching and resolution of any customer deductions and providing timely information to internal and external parties.
Compliance – Ensure compliance with relevant laws and regulations, and internal policies related to credit risk management and lending policies.
Continuous Improvement and Support – Identify opportunities for process improvement and efficiency enhancements within the credit and collection functions, collaborating with cross functional teams as needed.
Clear All
0 Consumer Credit Supervisor jobs found in Elkhart, IN area