CREDIT ANALYST

Al Baraka Bank Pty Ltd; Gauteng; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A financial institution in South Africa is seeking a professional to analyze financial statements and prepare credit proposals. The role involves collaboration with legal and credit committees and requires experience in client information verification and risk assessment. Ideal candidates should have a strong analytical background and be proficient in handling complex financial data.

Qualifications

• Experience in analyzing financial statements and management accounts.
• Strong understanding of credit proposal preparation and risk assessments.
• Ability to gather and verify complex client information.

Responsibilities

• Analyze financial statements to assess client performance.
• Prepare comprehensive credit proposals with risk assessments.
• Collaborate with legal and credit committees on proposals.

Job description

KEY PERFORMANCE AREAS

Credit Proposals

Analyse financial statements, management accounts, VAT returns, and book debts to assess client and guarantor performance.

Conduct qualitative reviews, market research, and corporate ratings to determine client affordability and risk exposure.

Prepare comprehensive credit proposals, including financial spreads, sensitivity analyses, and SWOT / risk assessments.

Gather and verify client information, including business background, credit history, and security details.

Maintain and update exposure and security reports on internal systems, ensuring data accuracy and compliance.

Collaborate with Legal and Credit Committees (MCC, ECC, BCC, BOD) by preparing executive summaries and responding to proposal queries.

Identify and communicate key risks, mitigating factors, and value-added insights in credit submissions.

Analysis of book debt

Analyse clients’ book debts monthly to assess recoverability and determine updated security values.

Prepare and maintain book debt schedules, including security valuations and risk ratings.

Liaise with clients to resolve book debt queries and ensure accurate reporting.

Provide analysis insights and respond to queries from the Management Credit Committee (MCC)

Trade Review Finance

Maintain and update trade finance review registers and tracking schedules for all trade and revolving asset facilities.

Record and monitor key details such as review dates, facility levels, approvals, and submission timelines.

Track outstanding information for each application and follow up to ensure timely completion and compliance.

Review Letters

Prepares trade review letters requesting financial information from clients and / or the clients accountants for annual trade reviews.

Follows up on receipt of letters and submission of information on an ongoing basis.

General

Follow up with clients for required financial information and documentation (e.g., statements, VAT returns, and banking details).

Prepare annual Corporate Murabaha commercial property reviews for submission to the Credit Department.

Obtain and verify FICA documentation for all clients.

Prepare facility levels post-approval, load securities, and complete compliance checklists.

• Capture applications on internal banking system and maintain accurate and up-to-date deal files.