Credit analysis team leader

Job description for Credit Analysis / Credit Risk Team Lead

Credit Analysis / Credit Risk Team Lead develops and implements procedures for analyzing the credit worthiness of prospect and current customers. Manages a group of customers and approve requests for credit extensions based on the analyst recommendations. Being a Credit Analysis / Credit Risk Team Lead may personally handle large / more complex account reviews.

Skills:

A Credit Analysis or Credit Risk Team Lead requires a combination of skills to effectively manage credit risk and lead a team. Below are some essential skills we are looking for:

Communication Skills:

• Clear and effective written and verbal communication to influence and interact with stakeholders.

Analytical Skills:

• Ability to review financial documents and analyze information contained within them.
• Identify key areas such as omissions, errors, and potential fraud that may affect the review process.
• Use various reporting tools and software like Excel, to analyze data and make informed decisions.

Due Diligence:

• Demonstrate great attention to detail when reviewing customer financials.
• Detect any error or omission of information that could affect the credibility of the review process.

Responsibilities: (Monitor > Perform> Coach > Report > Communicate)

The responsibilities of a Credit Analysis or Credit Risk Team Lead are multifaceted and involve overseeing the credit risk management process. And here are some key responsibilities:

• Monitor: Oversee the following activities performed by the team:
  • Evaluating Credit Risk:  Assessing the credit risk of our customers by analyzing financial information, such as earnings, debt repayment history, and purchase activities, etc.,
  • Analyzing Financial Data: Reviewing and analyzing financial statements like balance sheets, income statements, and cash flow statements to evaluate a customer’s financial health.
  • Conducting Industry Research: Investigating the industry or market in which the customer operates to identify potential risks and trends that may affect their creditworthiness.
  • Preparing Reports: Creating detailed reports using financial data and visual aids to help the approver (Stakeholder) understand the analysis and recommendations. (Writing detailed reports -Create reports using charts, graphs, and other visual aids to help make credit decision).
• Perform:
  • handle large / more complex account reviews.

• Coach:
  • Provide credit specific coaching to newer or less experienced members of the team.
  • Provide strong leadership to Credit Analyst team ensuring independent, quality and timely credit analysis.
• Report:
  • Support Business in the on ad hoc projects and strategic initiatives.
  • Manage SLAs.
  • Publish metrics based on financial metrics to demonstrate quality and timeliness on credit work.

• Communicate:
  • Prime point of contact for the team and stakeholder communication.
  • Adhere to credit policy and guidelines.

Qualifications:

The qualifications for a Credit Analysis or Credit Risk Team Lead typically include a combination of education, certifications, and experience. Here are the key qualifications:

• A master’s degree in finance and accounting or a Master of Business Administration (MBA) degree in finance or a related subject is preferred.
• 8–10 years of proven working experience (5 years as a credit analyst and 3 Years in handling a small team is preferred).

FIN FSCM - SAP Financial Supply Chain Management application experience a plus.