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Prequel Solutions
Latrobe, PA | Full Time
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Credit Manager
$97k-133k (estimate)
Full Time 2 Days Ago
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Prequel Solutions is Hiring a Credit Manager Near Latrobe, PA

The Secured Credit Manager is a leadership role responsible for directing and managing all facets of the Secured Credit Department. The primary mission is to monitor collateral for the banks larger and more complex commercial accounts. This includes overseeing appraisal management, construction loan advance approvals, secured (asset-based) lending monitoring, and dealer floor plan administration. Additionally, the Secured Credit Manager serves as the bank's environmental risk officer. This position requires expertise in financial statement analysis, valuation methodology, and the perfection of security interests. The role demands strong decision-making abilities, independent action, and exceptional communication skills for direct interactions with client ownership and bank executive management. A Bachelors degree in Finance or Accounting is required, with an MBA preferred.

Job Summary

JOB TYPE

Full Time

SALARY

$97k-133k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

07/21/2024

WEBSITE

prequelsolutions.com

HEADQUARTERS

Canonsburg, PA

SIZE

50 - 100

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The job skills required for Credit Manager include Accounting, Leadership, Communication Skills, Decision Making, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Credit Manager positions, which can be used as a reference in future career path planning. As a Credit Manager, it can be promoted into senior positions as a Top Consumer Credit Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Manager. You can explore the career advancement for a Credit Manager below and select your interested title to get hiring information.

If you are interested in becoming a Credit Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Credit Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Credit Manager job description and responsibilities

Alternatively, a credit manager can work for a seller, typically a business-to-business or B2B organization, granting trade credit to buyers.

03/18/2022: Spokane, WA

They may also be responsible for credit accounting and collections.

03/21/2022: Petaluma, CA

Approve or reject loan requests, based on credibility and potential revenues and losses.

03/01/2022: Providence, RI

Follow up with clients to manage debt settlements and loan renewals.

04/17/2022: Las Vegas, NV

Collectively, the positions work to explain the bank's financial products, such as loans, lines of credit and credit cards, to banking customers.

04/13/2022: Orange, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Credit Manager jobs

Companies that do not provide financing may offer trade credits as a way to promote sales.

04/03/2022: Modesto, CA

Pursue a bachelor’s degree related to finance.

02/21/2022: Des Moines, IA

Some companies may seek credit manager candidates with previous banking or underwriting experience.

01/21/2022: Allentown, PA

Policies and procedures lay the ground rules for everything that the credit team does.

02/09/2022: Anaheim, CA

Find a legitimate credit counseling organization.

02/27/2022: Somerset, NJ

Step 3: View the best colleges and universities for Credit Manager.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College