Credit Analyst

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

Job summary

A leading automotive company in Johannesburg seeks a Credit Analyst to manage credit applications and ensure effective recordkeeping. The ideal candidate will have over 3 years of experience in credit underwriting, excellent communication skills, and a Bachelor's degree in economics or finance. This role emphasizes customer service, collaboration, and the ability to deliver timely credit decisions.

Benefits

Competitive compensation package

Dynamic working environment

Personal development support

Qualifications

• 3+ years experience in credit underwriting/analysis, preferably in finance.
• High level of English (oral/written).
• Team-oriented, initiative-driven, results-oriented.

Responsibilities

• Approve business credit transactions within delegated authority.
• Prepare credit applications for credit committees.
• Negotiate loan structuring and collateral analysis requirements.

Skills

Credit underwriting/analysis

Financial understanding

Communication skills

Analytical skills

Microsoft Office

Education

Bachelor's degree in economics or finance

Job description

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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.

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 will 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 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.
• 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.

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 inGothenburg, Sweden, and serves Volvo Group customers and dealers in more than 50 markets.

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.

Every day, Volvo Group products and services ensure that people have food on the table, children arrive safely at school and roads and buildings can be constructed. Looking ahead,we are committed to driving the transition to sustainable and safe transport, mobility and infrastructure solutions toward a net-zero society.

Joining Volvo Group, you will work with some of the world’s most iconic brands and be part of a global and leading industrial company that is harnessing automated driving, electromobility and connectivity.

Our people are passionate about what they do, they aim for high performance and thrive on teamwork and learning. Everyday life at Volvo is defined by a climate of support, care and mutual respect.

If you aspire to grow and make an impact, join us on our journey to create a better and more resilient society for the coming generations.