The main job purpose of a Credit Risk Manager is to review and assess the company’s financial history. These professionals are responsible for analyzing the credit capacity of the borrower, the risk involved in lending the amount, and the source of return from the borrower. The duties go beyond this and include the calculation of interest rates and framing re-payment new rules in case of failure to pay before the deadline.
I am writing this letter to express my interest in the Credit Risk Manager position that is available currently with ***. I had always admired the work of *** which targeted its credit service to the needs of the people, ensuring it reaches them at the right time. Your streamlined approach to work and your commitment to your stakeholders are something that I am amazed by, and ever since I wanted to be a part of your mission. Your goals are focused and I feel that my methodical approach and work ethic will match the vision of your company. I truly want to be a part of your company by providing my expertise and knowledge of risk management and simultaneously benefit the debtors.
With more than 15 years of experience in assessing the risk of lending companies and working to prevent bad debts and minimize loss for various banks and financial sectors, I would now like to extend my skills and service to *** and bring the organization to even greater heights.
Currently, I am working at *** as their Credit Risk Supervisor for the past 10 years and I am tasked with the following functions at my workplace –
Moreover, my skills in the field and my ability to mitigate credit risk will allow me to reduce business loss and improve your bottom line. I am confident that I would be a valuable asset to your company. In addition, my Master’s degree in Finance has made my foundation strong in financial modeling and quantitative analysis. I look forward to discussing this opportunity with you further.
Thank you for your time and consideration.
When you are writing for a Credit Risk Manager position, it is important to showcase your experience in risk management. To do this, you have to provide a real-time experience of how you were able to manage risks in the past. To make this point strong, you can consider talking about how you detected and mitigated risks in your previous workplace, how you created a risk management plan and implemented it through completion, and how it is useful today also.
Need some tips for writing your resume, refer to our Credit Risk Manager Resume Samples!