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Career Guidance Skills management skills S4.1 - developing objectives and strategies S4.1.2 - developing financial, business or marketing plans Create credit policy
Description
Create guidelines for a financial institution's procedures in supplying assets on credit, such as the contractual agreements which have to be made, the eligibility standards of prospective clients, and the procedure for collecting repayment and debt.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 2 occupations
- Optional in 0 occupations
- Total: 2 occupations
- Most common in: ISCO major group 3 (Technicians and associate professionals)
Essential for
- Credit managerCredit managers oversee the application of credit policy in the bank. They decide the credit limits to be imposed, the reasonable levels of risk accepted and the conditions and…
- Credit union managerCredit union managers oversee and manage member services, supervise staff and operations of credit unions. They inform staff about the latest credit union procedures and policies a…
Related skills
- Manage staff
- Banking activities
- Credit control processes
- Apply credit risk policy
- Assess financial viability
- Financial statements
- Analyse financial risk
- Securities
- Debt systems
- Financial management
- Liaise with managers
- Advise on financial matters
Last updated on February 18, 2026
