Finance ( Credit) Officer

The Finance Officer is responsible for interviewing potential loan customers, gathering relevant documentation, executing due diligence, financial analysis and presenting applications for approval.

Stewart Finance Jamaica Limited (SFJL), a company within the Stewart's Automotive Group provides financing to eligible clientele for the acquisition of motor vehicles and industrial equipment.

SFJL is seeking to recruit a dynamic, experienced and results oriented individual to fill the position of:

FINANCE (CREDIT) OFFICER

SOME KEY DUTIES AND RESPONSIBILITIES:

• Interview customers to obtain and compile copies of the loan applicants' credit histories, individual/corporate financial statements and other financial information.
• Assess loan requests or commercial credit applications through interviews with applicants.
• Check application forms, references, credit ratings, credit scores, pay slips and other information for eligibility and authenticity.
• Analyze applicants' financial status & creditworthiness to determine credit worthiness and the potential risks involved.
• Create credit scoring method to determine eligibility for loans based on set criteria.
• Prepare and submit loan proposals to adjudication body for review.
• Assist in preparing documentation setting out conditions and periods of loans and rates of repayment.
• Explain to customers the different types of loan and credit options that are available, as well as the terms of those facilities based on an analysis of their applications.
• Answer enquiries concerning loan balances, penalties and credit standing of customers.
• Review loan agreements to ensure that they are complete and accurate according to policy and provide recommendations.
• Operate within the guidelines and requirements of the company’s credit policy.
• Establish partnerships with Brand representatives through daily interactions and weekly meetings, as necessary.
• Visit customers as needed to establish strong business relationships and limit credit risk.
• Monitor the progress and status of existing loans and assist with delinquency management, as required.
• Stay abreast of new types of loans and other financial services and products offered by competitors in order to better meet customers' needs.

 QUALIFICATIONS & EXPERIENCE

• A Bachelor’s degree in Business Administration, Banking and Finance, or a related field.
• A minimum of three years’ experience in a similar capacity

KNOWLEDGE, SKILLS AND ABILITIES

• Proficient in Microsoft Office Suite (particularly Excel)
• Ability to read, analyze and interpret financial statements
• Ability to perform business math (basic algebra, compute ratios, etc.)
• Knowledge of basic Accounting principles
• Competency in budgeting, forecasting and planning
• Must have a high level of accuracy, be well organized and have high attention to detail
• Excellent communication skills (written and oral)
• Excellent interpersonal and customer-centric skills

We appreciate all applications; however, only shortlisted candidates will be contacted.