Commercial Credit Analyst

Placements24; Paarl; On-site; ZAR 480,000 - 720,000; Full time

Benefits offered by this job

Medical benefits

Retirement benefits

Professional development

Stable environment

Direct impact on credit decisions

Job summary

Placements24 in Paarl, Western Cape, is seeking a meticulous Commercial Credit Analyst to assess creditworthiness of commercial clients and analyze financial statements. The role involves preparing credit reports, evaluating risks, and advising on loan terms within a bank setting.

The ideal candidate has a finance-related degree and 2–4 years in credit analysis or commercial lending, with strong Excel skills and a detail-oriented, analytical mindset. Office-based position at the Paarl branch.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related business field.
• 2-4 years of experience in credit analysis, commercial lending, or financial analysis within Banking & Finance.
• Strong knowledge of financial statement analysis, ratio analysis, and cash flow forecasting.

Responsibilities

• Analyze financial statements, cash flow projections, and credit histories of commercial loan applicants.
• Prepare comprehensive credit reports and financial analyses to support lending decisions.
• Assess and quantify credit risks, providing clear recommendations on loan terms, structure, and covenants.
• Monitor the financial performance of existing commercial loan clients and identify potential risks.
• Ensure compliance with the bank's credit policies, procedures, and regulatory requirements.
• Collaborate closely with relationship managers to understand client needs and provide credit solutions.
• Perform industry and market analysis to support credit assessments.
• Assist in the review and approval process for commercial credit facilities.
• Maintain accurate and organized credit files.

Skills

Financial analysis

Credit risk assessment

Cash flow forecasting

MS Excel

Communication skills

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

MS Excel

Job description

About the Role

Our client, a reputable commercial bank, is seeking a meticulous and analytical Commercial Credit Analyst to join their team in Paarl, Western Cape . This position plays a vital role in assessing the creditworthiness of commercial clients, analyzing financial statements, and making informed recommendations on loan applications. The successful candidate will possess strong financial analysis skills, a keen eye for detail, and a thorough understanding of credit risk assessment within the Banking & Finance sector. This is an office-based role, requiring full dedication to the Paarl branch operations and close collaboration with relationship managers and clients.

Key Responsibilities

• Analyze financial statements, cash flow projections, and credit histories of commercial loan applicants.


• Prepare comprehensive credit reports and financial analyses to support lending decisions.


• Assess and quantify credit risks, providing clear recommendations on loan terms, structure, and covenants.


• Monitor the financial performance of existing commercial loan clients and identify potential risks.


• Ensure compliance with the bank's credit policies, procedures, and regulatory requirements.


• Collaborate closely with relationship managers to understand client needs and provide credit solutions.


• Perform industry and market analysis to support credit assessments.


• Assist in the review and approval process for commercial credit facilities.


• Maintain accurate and organized credit files.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related business field.


• Minimum of 2-4 years of experience in credit analysis, commercial lending, or financial analysis within the Banking & Finance industry.


• Strong understanding of financial statement analysis, ratio analysis, and cash flow forecasting.


• Proficiency in MS Excel for financial modeling and data analysis.


• Knowledge of credit risk assessment principles and lending practices.


• Excellent analytical, problem-solving, and decision-making skills.


• Strong written and verbal communication skills, with the ability to present findings clearly and concisely.


• Ability to work independently and as part of a team in a demanding, office-based environment.


• Detail-oriented with excellent organizational skills.

Benefits

• An annual salary of R , commensurate with experience and qualifications.


• Comprehensive medical and retirement benefits.


• Opportunities for professional development and training in credit risk management.


• A stable and supportive work environment within a reputable financial institution in Paarl, Western Cape .


• Direct impact on credit decisions and client relationships.