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Credit administrator skills for your resume and career

Updated January 8, 2025

5 min read

Below we've compiled a list of the most critical credit administrator skills. We ranked the top skills for credit administrators based on the percentage of resumes they appeared on. For example, 6.4% of credit administrator resumes contained financial statements as a skill. Continue reading to find out what skills a credit administrator needs to be successful in the workplace.

15 credit administrator skills for your resume and career

1. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how credit administrators use financial statements:

Reviewed the financial statements of title insurance companies seeking authorization to issue endorsements on behalf of the organization.
Reviewed and critiqued monthly dealer financial statements in guiding them to improved financial stability and profitability.

2. Credit Card Payments

Here's how credit administrators use credit card payments:

Executed customer transactions, ACH payments, credit card payments, along with driver check in payments.
Activate new accounts in JP Morgan; input ACH and credit card payments.

3. Real Estate

Real estate is land that has buildings on it. This kind of property consists of permanent improvements either natural or man-made, which include, houses, fences, bridges, water trees, and minerals. There are 4 types of real estate namely; residential real estate, commercial real estate, industrial real estate, and vacant land.

Here's how credit administrators use real estate:

Performed appraisal reviews on commercial, agricultural and residential real estate properties.
Reviewed and administered commercial and residential real estate portfolio, including: cash-flow analysis, tenant leasing, and cash disbursements.

4. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how credit administrators use customer service:

Reported to division president, interfaced with senior-level internal contacts and organized customer service requests regarding asset-based lending products.
Managed wide variety of customer service and administrative tasks to resolve customer issue quickly and efficiently.

5. Loan Portfolio

Here's how credit administrators use loan portfolio:

Managed agency, syndicated, bi-lateral loan portfolios.
Developed excel matrix to monitor loan portfolio.

6. Credit Policy

A credit policy encompasses guidelines that constitute the amount of credit granted, along with means and methods of collections for delinquent accounts. A credit policy typically addresses credit terms, credit limits, information requirements, and collection progression. The credit policy is tweaked to match business strategies and reflect any change in economic conditions.

Here's how credit administrators use credit policy:

Arranged payment plans, non-sufficient check reimbursements and other payment requirements based on established credit policy and procedure.
Conducted internal audits to ensure consistency, appropriate documentation and credit quality by bank's credit policy.

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7. Credit Limits

A credit limit is the maximum amount of credit that a financial institution or other lenders will grant to a debtor for a given line of credit at any given time without penalty. This is generally based on several factors including; individual circumstances, personal income, loan repayment history, creditworthiness, general financial condition, and other factors.

Here's how credit administrators use credit limits:

Monitored customer compliance with established credit limits through reporting to CEO, senior-level management and field personnel.
Assessed credit risk and assigned appropriate credit limits within assigned authority.

8. Past Due Accounts

A credit card account in a bank or any other financial association that is past due in payment is called a past due account. Past due account holders are required to recompense their scheduled payments to the bank or their creditor. The more credit account holders are due, the more they are compelled by their lender to make the payment.

Here's how credit administrators use past due accounts:

Resolved moderately complex credit problems, assisted in collection of past-due accounts, and approved applications within certain guidelines.
Manage and control automobile 45+ days past due accounts, Process extension paperwork, and prepare request forms for repossession.

9. Credit Administration

Here's how credit administrators use credit administration:

Performed update on both internal and external policy governing Credit Administration activities and established proper communication among Credit Administration staffs.
Defined business and functional requirements for credit administration and portfolio management system, a repository of customers and loans data.

10. Credit Analysis

Credit analysis is the process of evaluating a person's or company's ability to repay their debts.

Here's how credit administrators use credit analysis:

Performed extensive credit analysis on financial information submitted by new applicants for the development of appropriate credit making decisions.
Prepared credit analysis reports on large commercial credits for FDIC examinations and internal audits, promoting transparency and accountability.

11. Credit Approval

Here's how credit administrators use credit approval:

Monitored and ensured credit-related transactions were being booked appropriately by operations according to the credit approval and guidelines in place.
Prepared credit approval packages, client proposals and coordination of document preparation and closings.

12. Credit Reports

Credit reports are statements that carry information about your credit affairs and current credit situation like loan payment history and credit accounts status. A credit report acts as history because it contains the record from the day you opened the account till your account balance. Potential lenders and creditors make use of credit reports and decide whether to offer you credit or not and under what conditions.

Here's how credit administrators use credit reports:

Monitored clients business accounts, analyzed and updated debtors credit reports daily.
Verified information received against credit report and original mortgage documents.

13. Loan Documentation

Here's how credit administrators use loan documentation:

Worked closely with loan documentation department to ensure accurate credit data input with specialized computer software.
Insured proper loan documentation was processed on newly approved facilities.

14. Credit Risk

Credit risk entails the risk experienced by a lender from the possibility of losing money due to a borrower failing to repay or meet their obligations set out in a loan contract. Credit risk manifests in many forms including loans (the most popular), letters of credit, foreign exchange and lines of credit.

Here's how credit administrators use credit risk:

Researched credit risks and approve/disapprove extension of credit for domestic and international customers.
Completed credit risk analysis and underwriting for participated/syndicated loans.

15. Credit Applications

Here's how credit administrators use credit applications:

Reviewed credit applications, contacted references, and determined risk factor of application.
Validated authenticity of documents and information provided by customers for credit applications.

5 Credit Administrator resume examples

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List of credit administrator skills to add to your resume

The most important skills for a credit administrator resume and required skills for a credit administrator to have include:

Financial Statements
Credit Card Payments
Real Estate
Customer Service
Loan Portfolio
Credit Policy
Credit Limits
Past Due Accounts
Credit Administration
Credit Analysis
Credit Approval
Credit Reports
Loan Documentation
Credit Risk
Credit Applications
Delinquent Accounts

Credit Lines
Collection Calls
Commercial Banking
Payment Arrangements
Credit Issues
Customer Accounts
Credit Hold
Credit References
Credit Memos
General Ledger
Cash Application
UCC
Commercial Loans
Credit Worthiness
Credit Analysts
Collection Agencies

Trade References
Accounts Receivables
Due Invoices
ACH
Payment Terms
Tax Returns
Experian
SBA
Customer Inquiries
Financial Analysis
Bradstreet
Collection Efforts
Lockboxes
Journal Entries
Cash Flow Analysis
Credit Decisions

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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