Credit Manager Duties and Responsibilities

Credit Managers have various duties and responsibilities that typically fit into two categories: management or credit operations tasks. Some of their main management and credit operations duties and responsibilities include:

• Evaluate potential customers’ creditworthiness


• Maintain detailed records of company loans


• Approve or reject loan requests from customers


• Calculate and set loan interest rates


• Negotiate loan terms with new customers


• Monitor customers’ loan payments


• Review and update the company’s credit policy when necessary


• Create a credit scoring model to assess risks

Education and Experience

• Minimum 1st degree


• Minimum 5 yrs working experience