Credit Analyst

Volvo; Johannesburg; On-site; ZAR 450 000 - 600 000; Full time

Job summary

A global leader in transport solutions seeks a Credit Analyst to manage credit applications and uphold service excellence to support business objectives. This role requires a Bachelor's degree in economics or finance and over 3 years' experience in credit analysis, preferably in asset-based finance. Ideal candidates will exhibit strong financial understanding and communication skills within a diverse and inclusive culture.

Benefits

Competitive compensation and benefits

Personal development opportunities

Diverse working environment

Qualifications

• 3+ years of credit underwriting/analysis experience.
• Experience from a commercial bank or asset-based finance company required.
• Thorough understanding of VFS and the Volvo Group products.

Responsibilities

• Manage credit applications and ensure compliance with policies.
• Interact with customers and negotiate loan/lease structures.
• Participate in Credit Committees and prepare applications.

Skills

Credit underwriting/analysis

Financial understanding

Communication skills

Analytical skills

Teamwork

Microsoft Office

Education

Bachelor's degree in economics or finance

Tools

Microsoft PowerPoint

Microsoft Excel

Job description

Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future. If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match.

What you will do

The purpose of the Role is to ensure effective management, including recordkeeping, and processing of all credit applications, regardless of customer exposure.

You will be required to make timely credit decisions and recommendations on business finance transactions within delegated authority as well as involvement in various projects delivering on continuous improvement. As a Credit Analyst you will provide the highest level of customer service to dealers, customers, the Volvo Group, and (VFS) Volvo Financial Services personnel supporting the business in its ambition to be a world class asset-based finance company.

Reporting:

This position reports to the Credit Manager.

Job Objectives:

• Review and approve business credit transactions within delegated authority.
• Make full project assessments with the potential customers, including visit to customers (business-trips).
• Prepare the credit application and present it on Credit Committees.
• Perform at the highest quality levels and follow Volvo policies and procedures.
• Interact with Dealers, Customers, Volvo Group Business Areas and VFS Sales Department, when needed, to negotiate loan & lease structuring, pricing, and collateral analysis requirements for transactions.
• Closely cooperates with customer and Volvo employees in full & detailed data receipt concerning potential customer and project in general.
• Follow Credit Directives, Policies and guidelines which will minimize risk, manage portfolio delinquency, and improve underwriting quality.
• Secure accurate and timely presentation of the deals on Credit Committees.
• Participate, when required, in review and negotiation of documentation with Customers and Departments of Volvo Group.
• Perform special projects as required by the business and represent Credit in various committees or other cross functional meetings.
• Responsible for deal collateral development.
• Responsible for in-time informing of all respective interested VFS & Volvo Group Departments concerning Credit Committee’s exact decision on each & every project in control.
• Makes the report & keeps constant record of all deals under consideration.

Who are you?

Do you dream big? We do too, and we are excited to grow together. In this role, you will bring:

Qualification & Job Experience:

• Bachelor’s degree is required (economics or finance).
• Experience in credit underwriting/analysis of more than 3 years, preferably from a commercial bank or leasing/captive asset-based finance company.
• Good financial understanding.
• Strong business understanding and awareness.

Key Competencies

• Thorough understanding of the business of VFS, the Volvo Group products and the customers / dealers businesses.
• High level of English (oral/written).
• High communication and analytical skills.
• Good team worker, initiative, compliance and results oriented, a self-starter.
• Solid experience in Microsoft Office (especially MS PowerPoint, Excel, etc.).
• Clear AML, FAIS, FICA, FSP and financial screening.

Short listed candidates must complete and sign personal verification permission, consent and indemnity declarations, to inter alia perform reference, criminal, credit, qualification, vetting process (if applicable to position) and any other checks deemed necessary.

Volvo Group Southern Africa (Pty) Ltd is an affirmative action, equal employment opportunity employer. We encourage people with disability to apply.

Application Closing Date: 24 November 2025.

We value your data privacy and therefore do not accept applications via mail.

Who we are and what we believe in

We are committed to shaping the future landscape of efficient, safe, and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents across the group’s leading brands and entities.

What’s in it for you?

We offer a solid and competitive package of compensation and benefits, plus you will enjoy a diverse working environment with a culture of care and inclusion. As an investment, we support your personal development and growth to achieve your career aspirations. Volvo Financial Services is an on-site business and we understand that you might need occasional or temporary flexibility, which your leader is equipped to manage and fits well to our culture, as being together enables us to build upon our innovative and collaborative culture, as well as develop you for continued success.

Applying to this job offers you the opportunity to join Volvo Group. Every day, you will be working with some of the sharpest and most creative brains in our field to be able to leave our society in better shape for the next generation. We are passionate about what we do, and we thrive on teamwork. We are almost 100,000 people united around the world by a culture of care, inclusiveness, and empowerment.

At Volvo Financial Services, we are working together to shape the world we want to live in. As the captive finance arm of the Volvo Group, VFS provides financial services and solutions that meet the needs of our customers’ evolving business. Through our dedication to innovation, we support society in its adoption of sustainable transport and equipment solutions. VFS is headquartered in Gothenburg, Sweden, and serves Volvo Group customers and dealers in more than 50 markets.