Business Credit Analyst (Commercial Banking)

Access Bank PLC; Sandton; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Access Bank Plc is seeking a Business Credit Analyst to join their banking team in Sandton, Gauteng. In this role, you will support financial analysis and credit risk assessments, focusing on delivering high-quality Facility Approval Memos and managing client relationships effectively. Ideal candidates will have a bachelor's degree in finance and at least 5 years of business banking credit experience, along with a strong understanding of financial regulations and focus on client satisfaction.

Benefits

Medical Aid

Provident Fund

Group Life Cover

Income Disability Cover

Funeral Cover

Training & Development

Qualifications

• 5 years' experience in business banking credit extension.
• Strong underlying credit analysis experience.
• Ability to read and interpret financial statements.

Responsibilities

• Conduct full financial risk analysis of financial statements.
• Prepare Facility Approval Memo (FAM) based on financial data.
• Coordinate FAM approval process adherence with turnaround times.

Skills

Knowledge of lending laws

Financial statement analysis

Confidentiality

Negotiation skills

Problem-solving

Critical thinking

Education

Bachelor's degree in finance, accounting, or related field

Job description

Job Mission / Objective:

The Business Credit Analyst forms part of the business banking team that is responsible for the effective growth, management, and profitability of the bank. The objective is to support the coverage team in providing high quality financial and related risk analysis of business customer's financial statements, and writing the Facility Approval Memo (FAM) from information gleaned from the Call report received from the Relationship Manager

Requirements

CLIENT FOCUS

ENTRENCHMENT:

• 5 converted leads for cross sell opportunities identified from client interactions (PoE).
  
  

BORROW FOR YOUR NEEDS:

• Enabling growth in risk assets (Rand value payouts) through quality FAM's and meaningful financial analysis
  
  

CLIENT EXPERIENCE (15%)

• Internal service survey - feedback from RM's on the quality of support.
• Customer rating of service - dipstick exercise outcome/Official survey.
  
  

Analyzing of financial information and preparation of FAM.

• Completion of FAM after loading by Operational Banker using information gleaned from the Call report submitted by the RM to the CA.
• Coordinate with all role players in the FAM approval process to ensure adherence to TAT's and approval.
• Conduct full financial risk analysis of financial statements as contained in the facility application memorandum (FAM)
• Complete analysis, findings and recommendations to Managers that involve a borrower's ability to repay and help mitigate losses via suitable commentary in the FAM.
• Provide recommendations tied to analysis and assessment of credit risk.
• Manage adherence to covenants by clients as part of credit approval.
• Input date into the risk rating model and ensure debt service coverage ratio (DSCR) calculations are in order and meet the bank's minimum requirements.
• Prepare profitability model.
• Interact with direct report and relevant Relationship Manager to obtain additional information to support financial analysis commentary.
• Capturing financial information in the risk rating model flowing from financial statements provided by the relationship manager.
• Ensuring that the correct risk grading is arrived at and captured in the FAM.
• Management of turnaround times within service level agreement.
• Provide meaningful financial commentary on FAMS.
  
  

Risk and Conduct

• Understand and adhere to the appropriate Access Bank policies and standards applicable to the role.
• AML/TF adherence
• Completion of all compliance training
• Credit risk appetite - Credit loss ratio against budget
  
  

Financial outcomes

• Asset growth - Balance Sheet performance - Performance to rolling forecast.
• Liabilities growth - Balance Sheet performance - Performance to rolling forecast
  
  

Academic Requirements

• Matric with further studies preferably a bachelor's degree in finance, accounting, or related field.
  
  

Work Experience

• 5 years' experience in business banking credit extension and a strong underlying credit analysis experience.
  
  

Skills / Specialized Know How

• Knowledge of laws and regulations impacting on lending such as Company's Act, Insolvency Act, National Credit Act, Consumer Protection Act.
• Ability to read and interpret financial statements.
• Ability to maintain confidentiality.
• Proficiency with financial reports and statements.
  
  

General Business Competencies:

• Innovation
• Entrepreneurship
• Digital Appreciation
  
  

Behavioral Competencies:

• Leadership
• People Management
• Excellence
• Integrity
• Professionalism
  
  

Functional Competencies:

• Excellent organizational, analytical, problem-solving, and negotiation skills
• Ability to manage internal stakeholders.
• Strong business acumen, critical thinking, and ability to form actionable insights and recommendations]
• Must work well in an active and fast-paced environment.
• A strong commitment to service delivery to internal customers.
  
  

All appointments will be made in line with Access Bank's Employment Equity plan. The Bank supports the recruitment and advancement of individuals living with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Employees who apply and do not hear from HR within 30 days of the closing date may assume that their application was not successful, and we thank you for applying.

Benefits

• Medical Aid
• Provident Fund
• Group Life Cover
• Income Disability Cover
• Funeral Cover
• Training & Development