About this career
Credit advisers offer guidance to customers related to credit services. They assess the customer's financial situation and debt issues arisen from credit cards, medical bills and car loans in order to identify optimal credit solutions for customers and also provide debt elimination plans to adjust their finances if needed. They prepare qualitative credit analyses and decision-making material in respect of defined customers in conformity with the bank's strategy on credit policy, ensure the credit quality and follow up on the performance of the credit portfolio. Credit advisers also have expertise in debt management and credit consolidation.
Essential skills
advise on financial matters
analyse loans
analyse the credit history of potential customers
assess debtor's financial situation
consult credit score
examine credit ratings
maintain client debt records
maintain credit history of clients
obtain financial information
perform debt investigation
prepare credit offers
provide financial product information
provide support in financial calculation
Required knowledge
credit control processes
debt systems
economics
financial products
insolvency law
Additional skills
advise on credit rating
advise on risk management
analyse financial risk
assess risks of clients' assets
budget for financial needs
communicate with banking professionals
create a financial plan
determine loan conditions
develop investment portfolio
forecast future levels of business
interpret financial statements
interview bank loanees
monitor national economy
prepare credit reports
review investment portfolios
synthesise financial information
accounting techniques
audit techniques
banking activities
business loans
consumer protection
corporate social responsibility
credit card payments
investment analysis
microfinance
mortgage loans
property law
securities
tax legislation
Also known as
credit counselor
debt counsellor
certified credit counselor
credit intermediary
