Credit Analyst

Placements24; Noord-Kaap; On-site; ZAR 360,000 - 480,000; Full time

Benefits offered by this job

Salary review

Medical benefits

Retirement benefits

Professional development

Diverse lending exposure

Job summary

Placements24 in Kimberley is seeking a meticulous Credit Analyst to assess borrower credit risk and analyze financial data across a variety of lending products.

You will prepare detailed credit memos, monitor portfolios, and ensure compliance with policies while communicating with clients and colleagues. This role offers exposure to risk management in a financial institution and opportunities for professional development within a stable team.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• 2+ years of credit analysis, lending, or related financial role.
• Strong understanding of financial statement analysis and ratio calculation.
• Proficiency in Microsoft Excel and other analytical software.
• Excellent written and verbal communication skills.
• High level of accuracy and attention to detail.

Responsibilities

• Analyze financial statements, credit reports, and other financial data to assess borrower credit risk.
• Prepare detailed credit memos and recommendations for loan approval or denial.
• Monitor existing loan portfolios for signs of deteriorating credit quality.
• Ensure all lending activities comply with company policies and regulatory requirements.
• Maintain effective communication with clients, loan officers, and other internal departments.
• Develop and maintain an up-to-date understanding of economic conditions and industry trends affecting credit risk.

Skills

Credit analysis

Financial statement analysis

Excel proficiency

Communication skills

Education

Bachelor's degree in Finance, Accounting, Economics

Tools

Excel

Job description

About the Role

Our client is seeking a meticulous and insightful Credit Analyst to join their lending department in Kimberley . This role is essential for assessing the creditworthiness of potential borrowers and businesses, mitigating risk for the institution. You will conduct thorough financial analysis, evaluate loan applications, and provide recommendations on credit approval and terms. This position offers a strong foundation in risk management within the financial sector, working with a variety of clients and loan types. You will be a key player in ensuring the company's loan portfolio remains sound and profitable, contributing directly to the organization's financial stability.

Key Responsibilities

• Analyze financial statements, credit reports, and other financial data to assess borrower credit risk.
• Prepare detailed credit memos and recommendations for loan approval or denial.
• Monitor existing loan portfolios for signs of deteriorating credit quality.
• Ensure all lending activities comply with company policies and regulatory requirements.
• Maintain effective communication with clients, loan officers, and other internal departments.
• Develop and maintain an up-to-date understanding of economic conditions and industry trends affecting credit risk.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 2+ years of experience in credit analysis, lending, or a related financial role.
• Strong understanding of financial statement analysis and ratio calculation.
• Proficiency in Microsoft Excel and other analytical software.
• Excellent written and verbal communication skills.
• High level of accuracy and attention to detail.

Benefits

• Competitive salary and annual performance review.
• Comprehensive medical and retirement benefits.
• Opportunities for professional development in credit risk management.
• Exposure to a wide range of commercial and individual lending activities.
• A stable and professional work environment in Kimberley.