Credit Risk Analyst

Placements24; Waukee (IA); Hybrid; USD 26,000 - 38,000; Full time

Benefits offered by this job

Hybrid work schedule

Competitive compensation

Medical aid and provident fund

Job summary

Placements24 is seeking a detail-oriented Credit Risk Analyst to join our financial services team in Paarl, combining office and remote work. You will evaluate borrower creditworthiness, analyze financial statements, and contribute to credit policy development to minimize losses and promote sound lending.

Responsibilities include developing risk models, analyzing data, and making loan-term recommendations while ensuring regulatory compliance and risk mitigation within a hybrid work environment.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, or related quantitative field.
• 2–4 years of experience in credit analysis or risk management.
• Strong financial statement analysis and credit principles knowledge.
• Proficiency in Excel/SQL or similar data analysis tools.
• Excellent analytical, problem-solving, and report-writing skills.
• Experience in hybrid/remote capable environments.

Responsibilities

• Analyze financial statements and credit data to assess borrower risk.
• Develop and maintain credit scoring models and risk tools.
• Make recommendations on loan terms, conditions, and collateral.
• Monitor credit portfolio performance and identify risk areas.
• Prepare reports on credit risk exposure for management.
• Ensure compliance with internal policies and regulatory guidelines.

Skills

Financial analysis

Credit principles

Excel

SQL

Report writing

Problem solving

Education

Bachelor's degree

Tools

Excel

SQL

Job description

Our client is seeking a detail-oriented Credit Risk Analyst to join their financial services team in Paarl . In this role, you will assess the creditworthiness of potential borrowers, analyze financial statements, and contribute to the development of credit policies. You will play a vital role in minimizing the company's exposure to credit losses and ensuring sound lending practices within the Western Cape region. This position offers the chance to apply analytical skills in a crucial area of banking, working within a hybrid model that balances focused office work with personal flexibility.

Key Responsibilities

• Analyze financial statements, credit reports, and other data to assess borrower risk.
• Develop and maintain credit scoring models and risk assessment tools.
• Make recommendations on loan applications, including terms, conditions, and collateral requirements.
• Monitor the credit performance of existing loan portfolios and identify potential problem areas.
• Prepare reports on credit risk exposure and portfolio quality for management.
• Ensure compliance with internal credit policies and relevant regulatory guidelines.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
• 2-4 years of experience in credit analysis, risk management, or a related financial role.
• Strong understanding of financial statement analysis and credit principles.
• Proficiency in data analysis tools such as Excel, SQL, or similar.
• Excellent analytical, problem-solving, and report-writing skills.
• Ability to work effectively in a hybrid office and remote environment.

Benefits

• Competitive salary and annual performance incentives.
• Hybrid work schedule offering a blend of office and remote work.
• Comprehensive medical aid and provident fund benefits.
• Opportunities for professional development and specialized credit risk training.
• Collaborative team environment focused on risk mitigation and sound financial practices.