A credit assistant is a person employed by an organization to provide support services to
credit manager
Credit management is the process of granting credit, setting the terms on which it is granted, recovering this credit when it is due, and ensuring compliance with company credit policy, among other credit related functions. The goal within a bank ...
s,
credit analysts and other members of the
credit
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt) ...
department. This position is often
entry level
Entry Level is the lowest level in the National Qualifications Framework in England, Wales, and Northern Ireland. Qualifications at this level recognise basic knowledge and skills and the ability to apply learning in everyday situations under di ...
. Job responsibilities may include:
* Collections
* Gathering credit reports, financial histories and other data for credit analysts
* Verifying credit reference information
* Customer service
Education and background
Credit assistants often hold associate degrees and/or have experience as collectors or accounts receivables clerks.
Employment
The average salary for credit assistants in the United States is $36,216.
Professional organizations
Credit assistants in the United States can obtain memberships, continuing education and certification through NACM. Certification levels include Credit Business Associate, Certified Credit and Risk Analyst, Credit Business Fellow, Certified Credit Executive, Certified International Credit Professional and International Certified Credit Executive.
See also
*
Credit analyst
*
Credit manager
Credit management is the process of granting credit, setting the terms on which it is granted, recovering this credit when it is due, and ensuring compliance with company credit policy, among other credit related functions. The goal within a bank ...
*
Director of credit and collections A director of credit and collections is a senior-level employee in an organization's credit department. Job responsibilities may include:
* Overseeing credit and collection functions
* Hiring, firing, evaluating and promoting credit department emplo ...
References
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Credit management
Finance occupations