Credit Specialist

Job description

OVERVIEW: The role of the Credit Specialist, reporting to the Credit Manager, oversees the collection process for a portfolio of various Credit Card and Commercial Accounts for the Company. This role supports the Credit Department in driving effective credit granting and collection processes within the team. The Credit Specialist is required to: RESPONSIBILITIES: - Evaluate, and provide analysis, findings, and recommendations to determine credit terms, both in terms of dollar limits & time limits. - Work with the Credit Manager to review and adjust credit terms on a regular basis or when required for existing accounts and suspend or revoke credit terms upon receipt of external information pertinent to the financial strength of an account. - Establish and enforce the Company’s credit policies. In this role, the Credit Specialist will collect delinquent accounts and will manage credit-related issues, in discussion with Credit Manager. - Maintain appropriate documentation and other information in customer credit files. - Manage the pre-authorized debits of customer accounts. - Initiate credits and adjustments to customer accounts within Company policy limits. - Identify problem accoun...