Senior Credit Manager

Placements24; Willows (CA); On-site; USD 72,000 - 102,000; Full time

Benefits offered by this job

Bonuses

Medical + retirement

Training opportunities

Autonomy

Stability

Career growth

Job summary

Placements24, on behalf of a dynamic financial services provider, seeks a Senior Credit Manager to oversee credit operations in Welkom, South Africa. The role requires leading a team of analysts, assessing creditworthiness, and ensuring adherence to lending policies while delivering profitable growth.

You will develop credit policies, monitor portfolio risk, report on metrics, and collaborate with relationship managers to structure client facilities, all within regulatory guidelines.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related business.
• 7+ years of experience in credit analysis and management.
• Experience assessing credit risk for diverse businesses.
• Strong financial statement and cash flow analysis skills.
• Knowledge of lending regulations and risk management.

Responsibilities

• Oversee end-to-end credit assessment process for corporate and commercial.
• Analyze financial statements, credit reports, and market data to evaluate credit.
• Approve or decline credit applications within designated authority levels.
• Monitor the performance of the existing credit portfolio, identifying potential risks.
• Develop and implement effective credit policies and procedures to ensure best practices.
• Lead, mentor, and develop a team of credit analysts and officers.
• Prepare regular reports on portfolio quality, risk metrics, and credit developments.
• Ensure compliance with all relevant banking regulations, industry standards.
• Collaborate with relationship managers to understand client needs and structure deals.
• Contribute to strategic initiatives aimed at optimizing credit risk and portfolio performance.

Skills

Credit analysis

Credit management

Financial statement analysis

Risk assessment

Leadership

Regulatory knowledge

Negotiation

Decision making

Interpersonal skills

Education

Bachelor's degree in Finance, Accounting, Economics

Tools

Credit management software

MS Office

Job description

About the Role

Our client, a dynamic and growing financial services provider, is seeking an experienced Senior Credit Manager to oversee and manage its credit operations in Welkom, Free State . This critical role involves managing a portfolio of credit facilities, assessing creditworthiness, mitigating risk, and ensuring compliance with lending policies and regulations. The Senior Credit Manager will lead a team of credit analysts, providing guidance and support to ensure sound credit decisions are made. This is an excellent opportunity for a seasoned professional with a strong background in credit risk assessment and portfolio management to make a substantial impact within a reputable organization. The successful candidate will be responsible for driving profitable growth while maintaining the quality of the credit portfolio. A deep understanding of financial analysis, risk management, and regulatory requirements is essential for this position.

Key Responsibilities

• Oversee the end-to-end credit assessment process for corporate and commercial
• Analyze financial statements, credit reports, and market data to evaluate credit
• Approve or decline credit applications within designated authority levels.
• Monitor the performance of the existing credit portfolio, identifying potential
• Develop and implement effective credit policies and procedures to ensure best
• Lead, mentor, and develop a team of credit analysts and officers.
• Prepare regular reports on portfolio quality, risk metrics, and credit
• Ensure compliance with all relevant banking regulations, industry standards,
• Collaborate with relationship managers to understand client needs and structure
• Contribute to strategic initiatives aimed at optimizing credit risk and

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related business
• Minimum of 7 years of experience in credit analysis, credit management,
• Proven experience in assessing credit risk for a diverse range of businesses.
• Strong understanding of financial statement analysis, cash flow analysis, and
• In-depth knowledge of credit policies, lending regulations, and risk management
• Excellent leadership, team management, and interpersonal skills.
• Strong negotiation and decision-making abilities.
• Proficiency in credit management software and standard office applications.
• Based in or willing to relocate to Welkom, Free State , for a full-time,

Benefits

• Competitive salary with performance-based bonuses.
• Comprehensive medical and retirement benefits.
• Opportunities for professional development and advanced training.
• Significant responsibility and autonomy in managing the credit function.
• Be part of a stable and respected financial institution.
• A supportive team environment and clear career progression paths.