Credit Analyst

Placements24; Canterbury; On-site; NZD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Training and development

Community impact

Job summary

Placements24 is seeking a diligent Credit Analyst to join the lending team in Queenstown. You will evaluate borrower creditworthiness, analyze financial statements, and assess risk tied to loan applications. Recommendations on approvals and terms help maintain a sound loan book.

The role emphasizes adherence to credit policies, collaboration with stakeholders, and ongoing learning in credit risk practices to support sustainable lending in the community.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• 1–3 years of experience in credit analysis, lending, or related financial role.
• Strong understanding of financial statement analysis and credit risk assessment.
• Proficiency in Excel and MS Office; strong analytical skills.

Responsibilities

• Analyze financial statements, credit reports, and data to assess borrower risk.
• Prepare detailed credit reports and recommendations for loan committee review.
• Monitor loan portfolios to ensure compliance with terms and identify issues.
• Evaluate loan applications against credit policies and lending guidelines.
• Maintain knowledge of industry trends and credit best practices.
• Communicate loan status and requirements with clients and internal stakeholders.

Skills

Credit risk assessment

Financial statement analysis

Excel

Communication skills

Attention to detail

Education

Bachelor's degree in Finance/ Economics/ Accounting

Tools

Microsoft Excel

Job description

About the Role

Our client is seeking a diligent and analytical Credit Analyst to join their lending team in Queenstown . In this role, you will be responsible for evaluating the creditworthiness of potential borrowers, analyzing financial statements, and assessing risk associated with loan applications. You will make recommendations on loan approvals and terms, ensuring the bank's portfolio remains sound and compliant with credit policies. This position is crucial for maintaining the quality of the bank's loan book and supporting sustainable lending practices within the community.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Prepare detailed credit reports and recommendations for loan committee review.
• Monitor existing loan portfolios to ensure compliance with terms and identify potential issues.
• Evaluate loan applications against established credit policies and lending guidelines.
• Maintain up-to-date knowledge of industry trends and credit best practices.
• Communicate with clients and internal stakeholders regarding loan application status and requirements.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• 1-3 years of experience in credit analysis, lending, or a related financial role.
• Strong understanding of financial statement analysis and credit risk assessment.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Excellent analytical, quantitative, and problem-solving skills.
• Good communication and interpersonal skills.

Benefits

• Competitive salary and potential for annual bonuses.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for training and professional development in credit risk.
• A stable and supportive work environment within a reputable financial institution.
• Contribution to the financial well-being of the local community.