Elements and Performance Criteria
- Manage the interaction between addressing credit risk and business objectives/strategies
- Dealing with debtors in difficult circumstances
- Strategies to identify early warning signs of debtors experiencing difficulties are developed and implemented
- Strategies to address debtors experiencing difficult circumstances are developed and implemented
- Relevant and legislative remedies to the specific debtor situation are determined and applied
- Responses to particular circumstances are in accordance with organisational policies and procedures
- Terminating the credit relationship