Vetting Clerk - Westville at RCL Foods

Job Description    

• RCL FOODS is seeking a meticulous and detail-oriented Credit Vetting Clerk to join our team in Westville. The Credit Vetting Clerk will play a critical role in facilitating the assessment of credit worthiness of potential customers. The ideal candidate should have a strong analytical mindset, excellent communication skills, and the ability to work efficiently in a fast-paced environment. As a Credit Vetting Clerk, you will be responsible for evaluating financial information for completeness, verifying data accuracy, and acting as the link between our potential customers and our external credit insurer.

Minimum Requirements    

• Diploma/Bachelors Degree in Finance.
• Proven experience in credit vetting or a similar role within the financial services industry.
• Strong analytical skills.
• Detail-oriented approach with excellent data verification and documentation skills.
• Proficiency in using credit evaluation software, databases, and Microsoft Office applications.
• Effective communication skills, both written and verbal, to interact with internal teams and external stakeholders.
• Excellent time management and organizational abilities to manage multiple applications within deadlines.
• Integrity and ethical behavior when dealing with sensitive financial information.

Duties & Responsibilities    

• Credit Assessment: Collect, Review and progress credit applications and supporting documentation with our external credit insurers to assess the creditworthiness of individuals or businesses.
• Data Verification: Thoroughly verify the accuracy of information provided in credit applications and cross-reference against internal and external data sources.
• Communication: Collaborate with sales teams, clients, and potential customers to gather additional information, clarify details, and communicate credit decisions effectively.
• Documentation: Maintain detailed and accurate records of credit evaluations, decisions, and correspondence with customers, ensuring compliance with company policies and regulatory requirements.
• Credit Limits: Assist in the verification of credit limits maintained on the ERP systems against Annexures provided by our credit insurers.
• Credit Monitoring: Assist with any requests from our credit insurers for additional information on respective and existing customers.
• Reporting: Generate regular and ad hoc reports on credit application status, approval rates, and other relevant metrics for management review.
• Continuous Improvement: Participate in process improvement initiatives to enhance the efficiency and effectiveness of the credit vetting process.
• Adherence to Regulations: Stay updated on relevant industry regulations and compliance requirements to ensure all credit-related activities are conducted within company policy.