Credit Analyst

Placements24; Mossel Bay; Hybrid; ZAR 350,000 - 520,000; Full time

Benefits offered by this job

Competitive salary

Hybrid work

Medical benefits

Retirement benefits

Professional development

Coastal town location

Job summary

Placements24 in Mossel Bay seeks a meticulous Credit Analyst to assess borrower creditworthiness and support loan portfolio health. You will analyze statements, models, and risk factors, developing recommendations for loan approvals or rejections.

The role demands 3+ years in credit analysis, strong financial analysis skills, and regulatory awareness. Hybrid work model, competitive salary, and benefits are offered in a coastal Western Cape setting.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• Minimum of 3 years of experience in credit analysis within a financial institution.
• Strong financial statement, ratio analysis and risk assessment skills.
• Proficiency in Excel and financial modeling.

Responsibilities

• Analyze financial statements, credit reports to assess credit risk.
• Prepare credit memorandums and loan recommendations.
• Monitor performance of existing loans and identify risks.
• Ensure lending activities comply with credit policies and regulations.
• Stay updated on economic conditions and industry trends.
• Collaborate with loan officers to structure facilities meeting client needs.

Skills

Credit analysis

Financial statement analysis

Risk assessment

Excel

Financial modeling

Regulatory knowledge

Education

Bachelor's degree in finance

Job description

About the Role

Our client is seeking a meticulous and insightful Credit Analyst to join their team in Mossel Bay . This role is essential for assessing the creditworthiness of potential borrowers and ensuring the financial health of the loan portfolio. You will conduct thorough financial analysis, evaluate risks, and make informed recommendations on loan applications. Working within the banking and finance sector, you will play a key part in responsible lending and supporting the organization's growth objectives in the beautiful Western Cape region.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of individual and corporate clients.
• Prepare detailed credit memorandums and recommendations for loan approval or rejection.
• Monitor the performance of existing loans, identifying potential risks and recommending appropriate actions.
• Ensure all lending activities comply with the bank's credit policies and regulatory requirements.
• Maintain up-to-date knowledge of economic conditions and industry trends that may affect credit risk.
• Collaborate with loan officers and relationship managers to structure loan facilities that meet client needs while managing risk.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 3 years of experience in credit analysis or a similar role within a financial institution.
• Strong understanding of financial statement analysis, ratio analysis, and risk assessment methodologies.
• Proficiency in Microsoft Excel and experience with financial modeling.
• Knowledge of South African credit regulations and banking practices.
• Excellent analytical, problem-solving, and decision-making skills.

Benefits

• Competitive salary with performance-related bonuses.
• Hybrid work arrangement offering a balance between office and remote work.
• Comprehensive medical and retirement benefits.
• Opportunities for continuous learning and professional development in credit risk management.
• Work in a scenic coastal town contributing to the local economy.