Credit Analyst

Placements24; Randburg; On-site; ZAR 320,000 - 520,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Retirement savings plan

Job summary

Placements24 is seeking a meticulous Credit Analyst for our Randburg finance team. You will evaluate borrower creditworthiness, analyze financial data and contribute to loan decisions. The role focuses on accuracy, risk assessment, and detailed reporting within an office-based environment.

The ideal candidate has 2–4 years of credit analysis experience, solid Excel skills, and a strong grasp of financial statement/risk analysis. This is a full-time, on-site position with growth opportunities.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 2–4 years of experience in credit analysis, lending, or related financial role.
• Strong understanding of financial statement analysis, ratio analysis and risk assessment.
• Proficiency in financial modeling and spreadsheet software (Excel).
• Excellent analytical, problem-solving and decision-making skills.
• Strong attention to detail and ability to manage multiple tasks.

Responsibilities

• Analyze financial statements, credit reports and data to assess creditworthiness.
• Determine loan eligibility and recommend credit limits and terms.
• Monitor existing loan portfolios for signs of distress and risk.
• Prepare credit reports and recommendations for loan committees.
• Stay informed about industry trends, economic conditions and regulatory changes.
• Collaborate with loan officers and relationship managers to support client needs.

Skills

Analytical thinking

Problem solving

Decision making

Attention to detail

Financial statement analysis

Ratio analysis

Risk assessment

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Excel

Job description

About the Role

Our client is looking for a meticulous and analytical Credit Analyst to join their team in Randburg. This role is essential for evaluating the creditworthiness of potential borrowers and existing clients, ensuring the financial health and stability of the institution. You will analyze financial statements, assess risks, and make recommendations on loan approvals and terms. This position requires a keen eye for detail and a strong understanding of financial principles within a dedicated, office-based finance team.

Key Responsibilities

• Analyze financial statements, credit reports, and other financial data to assess the creditworthiness of individuals and businesses.


• Determine loan eligibility and recommend appropriate credit limits and terms.


• Monitor existing loan portfolios for signs of financial distress and risk.


• Prepare comprehensive credit reports and recommendations for loan committees.


• Stay informed about industry trends, economic conditions, and regulatory changes affecting credit risk.


• Collaborate with loan officers and relationship managers to support client needs.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.


• 2-4 years of experience in credit analysis, lending, or a related financial role.


• Strong understanding of financial statement analysis, ratio analysis, and risk assessment.


• Proficiency in financial modeling and spreadsheet software (e.g., Excel).


• Excellent analytical, problem-solving, and decision-making skills.


• Strong attention to detail and ability to manage multiple tasks effectively.

Benefits

• Competitive salary and potential for performance-based bonuses.


• Comprehensive health, dental, and vision insurance.


• Retirement savings plan.


• Opportunities for professional development and advancement within the finance department.

A professional and team-oriented office environment.