Credit Analyst

The HR Company; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A prominent recruitment agency in Durban seeks a Credit Analyst to evaluate financial statements, perform credit assessments, and prepare recommendations. Candidates must have a Bachelor's Degree in Finance, 25 years of experience in credit analysis, and strong financial modelling skills. The role involves monitoring client risk profiles and ensuring compliance with regulatory requirements.

Qualifications

• Bachelor's Degree in Finance, Accounting, Economics, or related field.
• 25 years experience in credit analysis within banking or financial services sector.
• Strong understanding of financial statements, ratio analysis, and cash flow evaluation.

Responsibilities

• Analyse financial statements to evaluate repayment capability.
• Conduct credit risk assessments and assign credit ratings.
• Prepare structured credit proposals and recommendations.
• Evaluate collateral and ensure documentation meets standards.
• Monitor existing clients for changes in risk profile.
• Conduct industry and market research to support lending decisions.

Job description

Key Responsibilities :

• Analyse financial statements, cash flows, bank statements, and management accounts to evaluate repayment capability.
• Conduct credit risk assessments and assign credit ratings in line with internal models and frameworks.
• Prepare clear, well-structured credit proposals and recommendations for approval.
• Evaluate collateral / security and ensure documentation meets policy and legal standards.
• Monitor existing clients for changes in risk profile, early warning flags, and covenants.
• Conduct industry, market, and competitor research to support lending decisions.
• Ensure compliance with regulatory requirements, internal controls, and governance standards.
• Support senior management with insights on client risk, profitability, and deal structuring.

Required Skills & Experience :

• Bachelors Degree in Finance, Accounting, Economics, or related field.
• 25 years experience in credit analysis within the banking or financial services sector.
• Strong understanding of financial statements, ratio analysis, and cash flow evaluation.
• Exposure to corporate, commercial, business, or SME lending.
• Working knowledge of credit risk frameworks and lending policies.
• Proficient in MS Excel and financial modelling.
• Strong written and verbal communication skills able to present clear recommendations.