State Credit Manager (Karnal)

Job Summary: The State Credit Manager will be responsible for overseeing all credit operations and risk management activities within a designated state. This includes developing and implementing credit policies, managing a portfolio of credit accounts, assessing creditworthiness, and ensuring compliance with all relevant regulations. The successful candidate will lead a team of credit professionals, drive strategic initiatives to optimize credit performance, and mitigate financial risks across the state's operations. Key Responsibilities: - Develop, implement, and enforce credit policies and procedures in alignment with company and regulatory standards for the state. - Manage the entire credit lifecycle for the state, from application and underwriting to collections and portfolio management. - Lead, mentor, and manage a team of credit analysts and officers, fostering a high-performance culture and ensuring continuous professional development. - Conduct comprehensive credit risk assessments for recent and existing clients, making informed decisions on credit limits and terms within delegated authority. - Monitor the credit portfolio's performance across the state, identifying trends, potential risks, and opportunities for improvement. - Implement effective strategies for debt recovery and delinquency management, working closely with collections teams to minimize bad debt. - Ensure strict adherence to all state and federal credit regulations, compliance requirements, and internal audit standards. - Collaborate with sales, operations, and finance departments to support business growth while maintaining prudent credit risk levels. - Prepare and present detailed credit reports, risk analyses, and performance metrics to senior management. - Identify and implement process improvements to enhance efficiency, accuracy, and customer satisfaction within the credit department. - Conduct regular training sessions for credit staff on best practices, policy updates, and new tools. .