Department: Finance Department
Reports to: Head of Dept
Location: South Africa
Job Purpose:
The Senior Credit Vetting Officer will be responsible for supervising and leading a team of credit vetting professionals to ensure that all credit applications are effectively and efficiently vetted and assessed in accordance with company policies and procedures. The incumbent will also be responsible for identifying areas of improvement and implementing changes to improve the credit vetting process.
Key Responsibilities:
- Supervise a team of credit vetting professionals and organize their workflow to ensure timely delivery of quality credit decisions.
- Ensure that all credit vetting procedures and policies are being adhered to by the
- Conduct regular training sessions for the credit vetting team to ensure that they are up to date with new policies and procedures.
- Evaluate credit applications and ensure that they are thoroughly vetted and assessed before submission to the credit committee.
- Continuously monitor the credit vetting process and identify areas of
- Work closely with the Head of Department to implement changes to improve the credit vetting
- Ensure compliance with all relevant regulatory and legal
- Liaise with other departments such as sales and customer service to ensure that all credit decisions are aligned with the company’s customer service goals.
- Provide regular reports to the Credit Manager on the performance of the credit vetting
- Receive and process credit applications in accordance with company policies and
- Verify and update customer information to ensure that all data is accurate and up to
- Ensure that all required documentation is complete and accurate before submitting to the credit vetting team for assessment.
- Maintain accurate records of all credit applications and ensure that all data is securely
- Communicate with customers regarding the status of their credit applications and provide assistance and guidance where necessary.
- Identify errors and discrepancies in credit applications and communicate these to the credit vetting team for
- Perform other duties as assigned by the Head of Department
Qualifications and Experience:
- Bachelor’s degree in Business or a related
- At least 5 years of experience in credit vetting and
- At least 2 years of experience in a supervisory
- Strong understanding of credit policies and
- Knowledge of relevant regulations and legal
- Strong leadership and communication skills
Note: This job description can be modified at any time by the company to reflect the changing needs of the job and is not a contract between the company and the employee.
