BCA Credit Analyst

Lulalend; Cape Town; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A financial technology company in Cape Town is seeking a Business Cash Advance Credit Analyst to enhance their credit underwriting team. Responsibilities include processing credit applications, analyzing financial data, and managing risk documentation. Ideal candidates possess a Matric certificate, strong numeracy skills, and attention to detail. This role emphasizes proactive solutions and relationship-building in a fast-paced environment. Join a company dedicated to optimizing approval processes while exceeding customer expectations.

Qualifications

• Previous experience in Commercial or SME credit is ideal.
• Exceptional attention to detail while maintaining a fast-paced, efficient workflow.
• Ability to drive change and implement improvements.

Responsibilities

• Engage with clients to verify financial transactions and business performance.
• Analyse credit and financial data to determine risk levels.
• Prepare detailed credit memos and risk notes.
• Evaluate and approve credit applications within limits.
• Coordinate to resolve merchant-related issues.

Skills

Attention to detail

Strong numeracy skills

Interpersonal and communication skills

Education

Matric certificate

Degree in Finance, Accounting, Economics, or Business

Job description

Lula is hiring a Business Cash Advance (BCA) Credit Analyst to join our Credit Underwriting team. In this role, you’ll play a pivotal part in optimizing our approval process. If you’re a Credit Analyst with a passion for fintech and a drive for efficiency without compromising standards, we’d love to hear from you

Responsibilities

• Credit Application Processing: Engage with clients and partners to verify financial transactions and business performance, requesting supplementary data when necessary to ensure a complete profile.
• Financial Evaluation: Analyse credit and financial data to determine risk levels and recommend data-driven outcomes for business applicants.
• Risk Documentation (Credit Ticketing): Prepare concise, detailed credit memos and risk notes summarizing the degree of risk associated with specific lending opportunities.
• Mandate Approval: Evaluate and approve credit applications within assigned authority limits to ensure timely funding for clients.
• Issue Management: Coordinate with the Head of Credit Underwriting and Collections to track, elevate, and resolve merchant-related issues effectively.
• Portfolio Optimisation: Collaborate with credit management to enhance decision-making processes, improving both portfolio performance and turnaround times.
• Product & Platform Mastery: Develop deep proficiency in the Lula lending platform to ensure efficient decision-making and optimal use of internal tools.
• Full Lifecycle Awareness: Maintain a solid understanding of the end-to-end credit lifecycle, including the intersection of underwriting and collection processes.
• Strategic Problem Solving: Proactively generate solutions to meet both the expressed and underlying needs of the customer while strictly adhering to credit metrics.
• Dynamic Operations: Manage ad-hoc projects and diverse tasks daily, maintaining high accuracy in a fast-paced environment.

The Experience & Skills We’re Looking For

• Matric certificate (or equivalent) required.
• A degree in Finance, Accounting, Economics, or Business is advantageous.
• Previous experience in Commercial or SME credit is ideal.
• Exceptional attention to detail while maintaining a fast-paced, efficient workflow.
• Strong numeracy skills to interpret complex financial data and make informed decisions.
• A self-managed individual who takes initiative and thrives in a dynamic, evolving environment.
• Ability to drive change and implement improvements to the underwriting process.
• Excellent interpersonal and communication skills for building stakeholder relationships.
• Dedicated to delivering a customer experience that exceeds expectations.