Credit Analyst

Placements24; The Islands (MS); On-site; USD 15,000 - 22,000; Full time

Benefits offered by this job

Competitive salary

Health, dental, and vision insurance

Retirement savings plan with employer"

Growth opportunities and professional

Job summary

Placements24 represents a client in Paarl seeking a meticulous and analytical Credit Analyst to join their team. You will assess borrower creditworthiness, analyze financial statements, and prepare detailed credit reports to support sound lending decisions.

This role offers opportunities to grow in credit risk management, stay informed on industry trends, and work in a stable, team-oriented environment in the Western Cape.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 1-3 years of experience in credit analysis, lending, or a related financial role.
• Strong analytical and quantitative skills with a keen eye for detail.
• Proficiency in financial modeling and data analysis software.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Prepare detailed credit reports and recommendations for loan approval or denial.
• Monitor the performance of existing loans, identifying potential credit issues early.
• Ensure compliance with all credit policies, procedures, and regulatory requirements.
• Communicate effectively with loan officers, clients, and other stakeholders regarding credit decisions.
• Maintain up-to-date knowledge of industry trends and credit best practices.

Skills

Analytical skills

Quantitative skills

Financial modeling

Data analysis

Communication skills

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Financial modeling software

Data analysis software

Job description

About the Role

Our client is seeking a meticulous and analytical Credit Analyst to join their team in Paarl . This role is crucial for assessing the creditworthiness of potential borrowers and managing the credit risk of the bank's loan portfolio. You will conduct thorough financial analyses, evaluate loan applications, and make recommendations to ensure sound lending decisions. This is an excellent opportunity to contribute to the financial stability of the institution and develop your career within the dynamic banking and finance sector in the scenic Western Cape region.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Prepare detailed credit reports and recommendations for loan approval or denial.
• Monitor the performance of existing loans, identifying potential credit issues early.
• Ensure compliance with all credit policies, procedures, and regulatory requirements.
• Communicate effectively with loan officers, clients, and other stakeholders regarding credit decisions.
• Maintain up-to-date knowledge of industry trends and credit best practices.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 1-3 years of experience in credit analysis, lending, or a related financial role.
• Strong analytical and quantitative skills with a keen eye for detail.
• Proficiency in financial modeling and data analysis software.
• Excellent written and verbal communication skills.

Benefits

• Competitive salary and potential for annual performance bonuses.
• Comprehensive health, dental, and vision insurance plans.
• Retirement savings plan with employer contributions.
• Opportunities for professional growth and training in credit risk management.
• Stable and supportive work environment in Paarl .