Consumer Credit Manager jobs in Lansing, MI

Consumer Credit Manager supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Being a Consumer Credit Manager provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Consumer Credit Manager requires a bachelor's degree. Typically reports to a manager. The Consumer Credit Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Consumer Credit Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Credit Manager
  • Awi Leasing Llc
  • Lansing, MI FULL_TIME
  • The Auto Parts Credit Manager is responsible for overseeing all aspects of credit and collections for the auto parts division of the company. This includes evaluating the creditworthiness of customers, establishing credit limits, monitoring accounts receivable, and ensuring timely payment collection. The Credit Manager works closely with sales teams, customers, and internal stakeholders to manage credit risk effectively while maintaining strong customer relationships.


    Responsibilities include:


    • Credit Assessment:
      Evaluate the creditworthiness of new and existing customers using financial statements, credit reports, and other relevant information.
    • Credit Policy Development: Develop and implement credit policies and procedures tailored to the auto parts industry, ensuring compliance with company guidelines and industry regulations. Work in conjunction with the sales team and management to ensure company policies are followed as well encouraging sales growth and profitability.
    • Credit Limit Determination: Establish appropriate credit limits for customers based on their financial stability, payment history, and market conditions.
    • Customer Onboarding: Manage the credit approval process for new customers, including reviewing credit applications, conducting credit checks, and setting up credit terms.
    • Collections Management: Monitor accounts receivable aging reports and take proactive measures to collect overdue payments. Coordinate with collection agencies or legal counsel as necessary.
    • Dispute Resolution: Investigate and resolve billing discrepancies or disputes with customers in a timely manner to maintain positive relationships and ensure prompt payment.
    • Risk Mitigation: Identify potential credit risks and develop strategies to mitigate them, such as implementing credit insurance or requiring security deposits.
    • Reporting and Analysis: Prepare regular reports on key credit metrics, such as DSO (Days Sales Outstanding) and bad debt reserves, and provide analysis to senior management to support decision-making.
    • Collaboration: Work closely with sales teams to balance credit risk with revenue generation objectives, providing guidance on credit terms and customer negotiations.
    • Continuous Improvement: Stay updated on industry trends, best practices, and regulatory changes related to credit management, and recommend improvements to enhance efficiency and effectiveness.
    • Bachelor's degree in finance, accounting, business administration, or related field.
    • Previous experience in credit management, preferably in the auto parts industry or a related field.
    • Strong understanding of financial analysis, credit risk assessment, and collections processes.
    • Excellent communication and negotiation skills, with the ability to interact effectively with customers and internal stakeholders.
    • Proficiency in financial software and Microsoft Office suite, particularly Excel for data analysis.
    • Attention to detail and ability to prioritize tasks in a fast-paced environment.
    • Knowledge of relevant regulations, such as Fair Credit Reporting Act and bankruptcy laws, is a plus.


    Working Conditions:
    The job typically operates in an office environment, although some travel may be required to visit customers or attend industry events. The Credit Manager may need to work extended hours during busy periods or to meet deadlines.

    This job description outlines the key responsibilities and qualifications for an Auto Parts Credit Manager role, but specific duties may vary depending on the company's size, industry, and organizational structure.

  • 22 Days Ago

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Credit Manager
  • AUTO WARES INC GROUP
  • Lansing, MI OTHER
  • Job Details Level: Management Job Location: Auto Value Lansing - Lansing, MI Salary Range: $70,000.00 - $80,000.00 Salary/year Credit ManagerThe Auto Parts Credit Manager is responsible for overseeing...
  • 24 Days Ago

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Office Manager
  • Michigan Credit Union League
  • Lansing, MI FULL_TIME
  • Organization: Consumers CU Date Posted: March 5, 2024 Region: Mid-Michigan Location of Position: Lansing Position Level: Managerial The Consumers Credit Union team is looking to hire a passionate Offi...
  • 1 Month Ago

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Member Experience (Branch) Manager
  • Michigan Credit Union League
  • Lansing, MI FULL_TIME
  • Organization: Lake Trust CU Date Posted: February 9, 2024 Region: Mid-Michigan Location of Position: Lansing Position Level: Managerial The Member Experience Manager is passionate about leading and in...
  • 15 Days Ago

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Community Manager
  • ParkLand Ventures, Inc. (MHP Manager LLC)
  • Perry, MI FULL_TIME
  • Job DescriptionProperty Management Company is seeking a self-motivated, organized, goal-oriented individual to join our winning team as a Community Manager to lead a Manufactured Housing Community in ...
  • 30 Days Ago

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Office Coordinator - Mobile Home Community
  • ParkLand Ventures, Inc. (MHP Manager LLC)
  • Perry, MI FULL_TIME
  • Local multi-family property owner is seeking an exceptional person to join our team as a Full -Time Property Leasing Coordinator. We are looking for an energetic person with an outgoing attitude and s...
  • 3 Days Ago

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0 Consumer Credit Manager jobs found in Lansing, MI area

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IT Manager (Nonstop Tandem Engineering)
  • Fiserv
  • Lansing, MI
  • Calling all innovators find your future at Fiserv.Were Fiserv, a global leader in Fintech and payments, and we move mone...
  • 4/24/2024 12:00:00 AM

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Financial Wellness Consultant
  • Key Bank
  • Chelsea, MI
  • Occupation: Banking, Mortgage, InvestmentSpecialty: Process Solutions ConsultantLocation:1478 Chelsea Manchester Road - ...
  • 4/24/2024 12:00:00 AM

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Temporary Grant Specialist
  • Abacus Service Corporation
  • Lansing, MI
  • Job Description: For the Temporary Grant Specialist: We would like to look at candidates within an hourly range scale. P...
  • 4/24/2024 12:00:00 AM

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CDL Driver Careers - Lansing
  • Granger Waste Services
  • Lansing, MI
  • OUR PEOPLE ARE LIKE FAMILY At Granger, we know our people are our greatest asset. We treat each other and our customers ...
  • 4/24/2024 12:00:00 AM

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1st Shift Warehouse Team Member
  • Aldi
  • Lansing, MI
  • Position Type: Full-Time Average Hours: 30-35 hours per week Starting Wage: Up to $18.00 - $24.00 per hour (based on shi...
  • 4/24/2024 12:00:00 AM

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1st Shift Warehouse Worker
  • Aldi
  • Lansing, MI
  • Position Type: Full-Time Average Hours: 30-35 hours per week Starting Wage: Up to $18.00 - $24.00 per hour (based on shi...
  • 4/24/2024 12:00:00 AM

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1st Shift Warehouse Entry Level
  • Aldi
  • Lansing, MI
  • Position Type: Full-Time Average Hours: 30-35 hours per week Starting Wage: Up to $18.00 - $24.00 per hour (based on shi...
  • 4/24/2024 12:00:00 AM

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Customer Service Representative- Lansing Area- 5901
  • Checkngo
  • Lansing, MI
  • **Job Description:** **Customer Service Representative Check n Go/Allied Cash Advance** **Overview of Role and Key Accou...
  • 4/20/2024 12:00:00 AM

Lansing /ˈlænsɪŋ/ is the capital of the U.S. state of Michigan. It is mostly in Ingham County, although portions of the city extend west into Eaton County and north into Clinton County. The 2010 Census placed the city's population at 114,297, making it the fifth largest city in Michigan. The population of its Metropolitan Statistical Area (MSA) was 464,036, while the even larger Combined Statistical Area (CSA) population, which includes Shiawassee County, was 534,684. It was named the new state capital of Michigan in 1847, ten years after Michigan became a state. The Lansing metropolitan area,...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Credit Manager jobs
$103,857 to $153,102
Lansing, Michigan area prices
were up 1.3% from a year ago

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