Corporate Credit Analyst

Findojobs South Africa; South Africa; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading financial institution is seeking a Financial Analyst to assess credit risks and evaluate financial transactions. The ideal candidate will have a degree in Finance and at least five years of experience in credit analysis. Responsibilities include preparing reports, presenting to committees, and managing client interactions. A strong understanding of financial products and regulations is essential for this role.

Qualifications

• Financial tertiary education, minimum Second-Class Upper or equivalent.
• At least five years of credit analysis experience, preferably in a large financial institution or financial markets consulting/auditing.
• Experience in financial and business risk assessment or advising.
• Understanding of Treasury and Financial Markets products (e.g., derivatives).

Responsibilities

• Assess financial transactions and structures.
• Assess counterparty credit risk considering various factors.
• Spread and model financial statements.
• Analyze and interpret financial statements.
• Perform assessments to identify financial and business risks.
• Assign credit ratings using approved methodologies.
• Prepare credit reports and models for committees.
• Present credit applications to credit committees.
• Monitor financial covenants and risks.
• Evaluate and monitor counterparties.
• Manage the portfolio and contribute to lending policy development.
• Liaise with various units within the bank.
• Interact with clients.

Job description

Description

Responsibilities :

• The successful candidate will :
• Assess financial transactions, including products (e.g., derivatives) and structures used.
• Assess counterparty credit risk, considering the operating environment (country, industry, regulatory, legal risk) and its impact on the risk profile.
• Spread and model financial statements.
• Analyze and interpret financial statements.
• Perform quantitative and qualitative assessments to identify and quantify financial and business risks of the counterparty.
• Assign credit ratings using approved methodologies and models.
• Prepare credit reports, applications, and financial models for presentation to committees.
• Present credit applications and reports to credit committees and forums.
• Monitor financial covenants and risks for credit reporting.
• Continuously evaluate and monitor counterparties and facilities.
• Manage the portfolio by making recommendations and contributing to lending policy development.
• Liaise with various units within the FirstRand Banking Group.
• Interact with clients.

Qualifications and Experience :

• Financial tertiary education, minimum Second-Class Upper or equivalent.
• At least five years of credit analysis experience, preferably in a large financial institution or financial markets consulting/auditing.
• Experience in financial and business risk assessment or advising.
• Understanding of Treasury and Financial Markets products (e.g., derivatives).

Technical Skills and General Competencies :

• Knowledge of economics, industry, and Nigerian macroeconomic environment.
• Understanding of legal and regulatory issues, IFRS, Basel II and III.
• Knowledge of taxation of companies and financial institutions.
• Understanding of financial instruments and markets.
• Knowledge of credit ratings, portfolio theory, and credit pricing.

Key Competencies :

• Deep knowledge of specific operating environments and their impact on risk profiles.
• Sector and industry-specific knowledge.
• Assessing transaction-specific risks, including derivatives and product structures.
• Identify risks related to transactions (credit, legal, tax, exchange control).
• Introduce risk mitigation measures aligned with the bank's risk philosophy.
• Understanding of the bank’s credit risk appetite and models.
• Awareness of global lending market trends for policy input.

Human Relations Profile :

• Integrity and strong character.
• Self-confidence, good presentation, and communication skills.
• Organized, disciplined, detail-oriented, and able to work independently or in a team.
• Adaptable and able to work under pressure.
• Strong work ethic and ability to thrive in a dynamic environment.

Post

LI-TD1

Job Details

Applications should be submitted before 27/06/2025. The bank supports employment equity and encourages candidates with disabilities to apply. Disability information is voluntary and confidential.