Credit Manager Cover Letter Examples

One of the main duties of Credit Managers is to oversee the credit process between the lending institution and the customers. They play a significant role in deciding whether to extend credit to consumers or businesses. In addition, they are responsible for the ongoing monitoring of credit accounts ’including those that have missing payments or are in default status. In some situations, Credit Managers responsible for the overall management of the credit department staff and improving the operational goals of the department.

RATE THIS TEMPLATE:

Edit This Cover Letter

Featured in:

More Credit Manager Cover Letter Examples

Use these Credit Manager samples as a guideline, or visit our extensive library of customizable cover letter templates.

Edit this Template

Want a strong Cover Letter?

Use our extensive library of professional cover letter examples as practical starting guides. You’ll also find ready-made content with our helpful Cover Letter Builder — simply click, customize and download.

Select

Customize

Download

Find More Finance Cover Letter Examples

Accounts Officer Assistant Controller Branch Manager Budget Analyst CFO Cost Accountant Credit Analyst Credit Controller Credit Manager Equity Analyst

See more finance cover letter examples

Free Credit Manager cover letter example

Dear Ms. Worthington:

I am submitting my resume for the position of Credit Manager. I have worked in the credit and collections field for banks, credit unions and short-term loan companies, which has given me valuable experience in relating to customers and negotiating for positive outcomes ’experience that aligns well with the qualifications you are seeking.

As a Credit Manager for the past 12 years, I have become adept in evaluating credit risks and reducing bad debts within a short period of time. My Master’s degree in Business Administration, my substantial experience as a Credit Manager and my well-rounded skill set in this field would serve as assets to Brickwell Bank.

Below are some highlights of my related experience and qualifications:

Overhauled credit collection policies to improve collection rates

Effectively maintained a less than 1-percent default rate on approved loans for the last five years

Analyzed the performance of 300+ client loans and products over the course of 12 years

Trained, motivated, supervised and retained up to seven credit vetting staff members

Served as the point of contact for all credit reporting and fraud agencies

Prepared and sent all collections letters within three days of a missed payment and followed up by phone within one week

Successfully supervised collection functions at a satellite branch for a period of six months while the regular credit manager was hospitalized

Compiled required court-related statistics within an Excel spreadsheet on a quarterly basis

As I would welcome the opportunity to discuss this position in more detail with you at your earliest convenience. I look forward to hearing from you soon.

Thank you for your consideration.

Sincerely,

Jared K. Evantz

View All Cover Letter Examples

Include These Credit Manager Skills

Preparing monthly status reports for management review
Auditing and approving all credit requests that exceed the authorized amount
Handling escalated collection issues that junior staff members aren’t able to resolve
Managing the application and waiving of late fees to customer accounts
Measuring team member performance in relation to department goals and objectives
Facilitate ongoing training of staff in order to keep them informed in the area of credit and collections
Monitoring the credit-granting and credit-updating process and recommending changes as needed

Finance Resume Examples

Accounts Clerk Accounts Officer Actuary Advisor AML Analyst AML Investigator Asset Management Analyst Asset Manager Asset Protection Manager Assistant Finance Manager

See more finance resume samples.

Credit Manager Cover Letter Examples Professional Image

A professional cover letter is the first step toward your new job!

^*The names and logos of the companies referred to above are all trademarks of their respective holders. Unless specifically stated otherwise, such references are not intended to imply any affiliation or association with JobHero.