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credit-manager/references/tasks.md
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# Tasks & work activities — credit manager
Source: O*NET 30.3, occupation 13-2041.00 (Credit Analysts).
## Task statements
- **[Core]** Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- **[Core]** Prepare reports that include the degree of risk involved in extending credit or lending money.
- **[Core]** Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- **[Core]** Generate financial ratios, using computer programs, to evaluate customers' financial status.
- **[Core]** Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- **[Core]** Consult with customers to resolve complaints and verify financial and credit transactions.
- **[Core]** Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
- **[Supplemental]** Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
- **[Supplemental]** Confer with credit association and other business representatives to exchange credit information.
- **[Supplemental]** Review individual or commercial customer files to identify and select delinquent accounts for collection.
- **[Supplemental]** Contact customers to collect payments on delinquent accounts.
## Detailed work activities
- Advise others on financial matters.
- Analyze business or financial data.
- Analyze market conditions or trends.
- Assess financial status of clients.
- Assess risks to business operations.
- Calculate data to inform organizational operations.
- Collect payments for goods or services.
- Confer with others about financial matters.
- Correspond with customers to answer questions or resolve complaints.
- Examine financial records.
- Prepare contracts or other transaction documents.
- Prepare financial documents, reports, or budgets.