State Credit Manager

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 new 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.