16 May 2023

Full-Time Credit and Rates Production Support Manager – Rams

Bank of America – Posted by JobsTeam Rams, Ras Al-Khaimah, United Arab Emirates

Job Description

The Credit Manager reports to both the Director of Credit and the Director of Risk and is responsible for overseeing credit risk monitoring, new client investigations, and collection activities across a number of different business sectors. Improving the effectiveness of the entire credit and collections procedure will be a primary focus of this role in the near future.

Job Title : Credit and Rates Production Support Manager
Location : Rams, Ras Al-Khaimah, United Arab Emirates
Salary : $ 29.59 per hour.
Company : Bank of America
Job Type : Full-Time

Qualifications:

  • Contacts in related industries and businesses outside of your own should be made and kept up, including legal counsel, debt collectors, credit reporting agencies, and trade groups focused on credit.
  • Take charge of the credit team’s collection activities. Find out what the problems and unpaid bills are and how to fix them. Deal with collection concerns that have escalated. Help with collections via customer service and sales team interaction.
  • Produce risk, collection, and trend reports and analytics for upper management review. Don’t forget to provide suggestions for handling the riskiest accounts in your report.
  • A thorough examination of the accounts receivable aging reports on a regular basis will help pinpoint the clients that need to be contacted again.
  • When dealing with complicated deductions and/or collections that require extra effort to resolve, it’s best to get in touch with management and the relevant staff members.
  • Manage and confer with legal counsel regarding the filing of liens and discharges of liens.
  • Maintain a level of accounts receivable that is reasonable given the current economy and company needs.
  • Use the “manage by exception” approach to credit management, in which you’re always on the lookout for ways to streamline processes, reduce redundant steps, and increase efficiency.
  • oversee, create, and manage all policies and programs relating to credit and collections. The department oversees credit monitoring, collections, and customer onboarding.
  • Build trustworthy partnerships with clients and stay in constant touch with them by phone and email to increase sales.

Skills:

  • Expertise in analyzing and fixing problems, as well as the ability to make sound decisions after quickly weighing all relevant factors.
  • honesty and dependability in plenty, together with a sense of urgency and a will to succeed.
  • Comprehend and use appropriate commercial, trade, current events, financial, and legal publications, journals, reports, records, and governing laws.
  • The ideal industry experience would be in manufacturing, construction, or petroleum, where the financial and credit leadership responsibilities would be more challenging and would last for at least three years.
  • It is crucial to have excellent customer service abilities, powerful interpersonal abilities, negotiation skills, and the capacity to manage efficiently at all organizational levels and with workers in distant locations.

How to Apply

فرص عمل شاغرة اليوم

Job Categories: Credit Manager. Job Types: Full-Time.

Job expires in 8 days.

Apply for this Job