Administrative Support

Banking Credit And Recoveries

Related positions: Banking Credit And Recoveries, Credit and Collections, Loan Recovery and Management, Credit Management and Debt Recovery, Financial Recoveries and Lending, Credit Risk and Collections, Lending and Recovery Operations, Bank Credit and Asset Recovery, Financial Lending and Recovery Services, Credit Operations and Debt Management, Asset Recovery and Credit Services

Overview

Professionals in Credit & Recoveries at banking institutions assess and manage credit applications from individuals and businesses. They analyze creditworthiness, verify documentation, and ensure compliance with bank policies while recommending decisions to minimize risks.

Their role also involves monitoring portfolios, identifying potential risks, and contributing to the bank’s financial health by streamlining processes and maintaining efficient credit risk management practices. When clients fall behind on payments, credit and recoveries specialists work to recover outstanding debts through negotiation, restructuring, or legal action if necessary. Typically, banking credit and recoveries professionals hold a degree in finance, business, or economics, and may pursue further certifications.

Common tasks 

    TaskRelated trait(s)
    Application evaluations Efficiency and precision
    Creating reports 
    Working with other departments Collaborative spirit
    Checking data Numerical competency
    Working with a team Normative and legal compliance

    Soft skills measured by TraitForward

    TraitNo of QuestionsCronbach’s  alpha (α)
    Efficiency and precision90.79
    Can they complete tasks paying attention to detail?
    Efficient multitasking50.71
    Can they manage multiple tasks?
    Calmness under pressure40.74
    Can they remain composed and effective in high-pressure situations?
    Integrity110.79
    Can they consistently act with honesty and fairness in every situation?
    Effective listening80.71
    Can they genuinely engage with others and understand diverse perspectives?
    Persuasive communication110.84
    Can they influence and make others understand with their communication skills?
    Normative and legal compliance90.74
    Do they demonstrate reliability and respect for established procedures?
    Numerical competency80.73
    Can they analyze data to uncover insights?
    Written comprehension70.79
    Can they understand and process complex written information effectively?
    Understanding procedures80.72
    Can they make thoughtful and informed decisions that benefit the organization?
    Achievement striving60.73
    Can they exceed expectations and set high standards?
    Collaborative spirit60.75
    Can they prioritize the needs of the team and support others?
    *Cronbach’s alpha coefficient (α) determines the extent to which the questions consistently measure each trait and it is expressed as a number ranging between 0 and 1 . Higher values indicate higher agreement between questions.  A value of α equal to greater than .7 indicates acceptable reliability or internal consistency.  For more information on the psychometric properties of the solution, please click here.

    Find out the psychometric properties for the Banking Credit And Recoveries Traitforward questionnaire

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