Credit Analyst

Placements24; Gqeberha; Hybrid; ZAR 350,000 - 520,000; Full time

Benefits offered by this job

Hybrid work model

Professional development

Medical insurance

Job summary

Placements24 in Port Elizabeth is seeking a meticulous and analytical Credit Analyst to assess creditworthiness of borrowers and manage risk within a hybrid work environment. You will review financial data, prepare reports, and support lending decisions to protect the portfolio.

Responsibility includes monitoring portfolios, ensuring policy compliance, and collaborating with loan officers and management, while staying current on industry trends and economic conditions that impact risk.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting or related field.
• Minimum 2 years in credit analysis, lending, or related financial role.
• Strong financial statement analysis, cash flow assessment and risk evaluation.
• Proficient in Excel and financial modeling.

Responsibilities

• Analyze financial statements, credit reports and data to assess credit risk.
• Prepare credit reports and recommendations for loan approval or denial.
• Monitor loan portfolios and report on credit quality and performance.
• Ensure compliance with internal credit policies and external regulations.
• Collaborate with loan officers and management to maintain relationships.
• Stay informed about industry trends and economic conditions affecting risk.

Skills

Analytical thinking

Credit risk analysis

Communication

Education

Bachelor's degree in Finance, Economics, Accounting

Tools

Microsoft Excel

Financial modeling software

Job description

About the Role

Our client seeks a meticulous and analytical Credit Analyst to join their team in Port Elizabeth. In this role, you will be responsible for evaluating the creditworthiness of potential borrowers and ensuring the company's loan portfolio remains sound. You will play a vital part in risk assessment and decision-making, contributing to the financial health of the institution. This position offers a rewarding career path within a respected financial organization, utilizing a hybrid work model to blend essential in-office collaboration with remote work flexibility.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of individual and corporate clients.
• Prepare comprehensive credit reports and recommendations for loan approval or denial.
• Monitor existing loan portfolios, identifying any signs of deteriorating credit quality and reporting on performance.
• Ensure compliance with all internal credit policies and external regulatory requirements.
• Develop and maintain strong relationships with internal stakeholders, including loan officers and management.
• Stay informed about industry trends and economic conditions that may impact credit risk.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 2 years of experience in credit analysis, lending, or a related financial role.
• Strong understanding of financial statement analysis, cash flow assessment, and risk evaluation techniques.
• Proficiency in Microsoft Excel and experience with financial modeling.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication and interpersonal skills, with the ability to present findings clearly.

Benefits

• Competitive salary and potential for performance-based incentives.
• Comprehensive medical, dental, and vision insurance coverage.
• Retirement savings plan options.
• Opportunities for professional development and career advancement.
• A collaborative hybrid work environment that supports both teamwork and personal productivity.