CREDIT CONSULTANT SKILLS, EXPERIENCE, AND JOB REQUIREMENTS
Published: September 11, 2024 - The Credit Consultant is equipped with a robust background in credit control and accounts receivable within complex, service-oriented industries. This role involves adept management of financial transactions and telephone collections, underpinned by a capacity to effectively plan, prioritize, and handle conflicts in a team-based setting. Technical proficiency in various systems and tools complements strong communication skills, ensuring optimal commercial outcomes through balanced decision-making and empathy.
Essential Hard and Soft Skills for a Standout Credit Consultant Resume
- Credit Analysis
- Financial Reporting
- Risk Assessment
- Regulatory Compliance
- Credit Scoring Models
- Data Analysis
- Financial Modeling
- Loan Structuring
- Software Proficiency
- Banking Software Knowledge
- Communication
- Negotiation
- Problem Solving
- Customer Service
- Analytical Thinking
- Detail Orientation
- Decision Making
- Adaptability
- Empathy
- Conflict Resolution
Summary of Credit Consultant Knowledge and Qualifications on Resume
1. BA in Finance with 2 years of Experience
- Strong people skills and be able to communicate effectively both orally and in written form.
- Strong Fact-gathering skills.
- Knowledge and use of PC Systems.
- Ability to work independently while meeting deadlines.
- Attention to detail and be able to multi-task and prioritize work on a daily basis.
- Specialized certification such as AFCC or ICQC
- Experience in Financial Services in the banking sector.
- Familiar with banking products such as retail and non-retail.
- Experience in the following areas such as model development or model validation, regulatory reporting, etc.
- Knowledge of collateral processes within banks.
2. BS in Accounting with 3 years of Experience
- Knowledge (Basel III, CRR/CRD, Recommendation W, TRIM, IFRS9).
- Familiar with specific packages like Matlab, SAS, R, Python or VBA.
- Able to work autonomously in a result-oriented environment.
- Fluent in Polish and English (both verbal and written)
- Good presentation skills in English.
- In-depth understanding of wholesale banking in terms of front office, restructuring, and recovery processes.
- Experience working with NPLs and an affinity with risk data and associated PD, LGD, and EAD models.
- Knowledge of the new definition of default policies and related (forbearance) default indicators and triggers.
- Ability to read and understand syndicated LMA documentation and identify terms and conditions in line with the default events of each NPL.
- Understand and reconcile transactions (actual account statement and GL entries) with very high accuracy on the facility level and identify key transactions based on month-to-month outstanding differences.
3. BS in Business Administration with 4 years of Experience
- Experience in a credit control/accounts receivable or other similar financial transactions position
- Experience in telephone collections for a complex, matrixed general insurance or other customer service-oriented organization.
- Experience working collaboratively in a team environment.
- Ability to plan and prioritize effectively, organize tasks and manage competing resources and demands.
- Ability to recognize, avert, manage and escalate conflicts to enable effective and timely resolution in accordance with organizational processes.
- Ability to make independent as well as collaborative decisions during expected or unexpected situations and then take responsibility for the consequences of decisions taken.
- Demonstrated evidence of technical proficiency with systems, software, databases, reporting and communication tools.
- Excellent verbal and written communication skills
- Ability to balance understanding, empathy and compassion with the best commercial outcome for AAL.