Credit Analyst

Bidvest Bank Limited; Sandton; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading financial institution in Sandton is seeking a Financial Analyst to perform financial analysis and support credit applications. The ideal candidate will have a BCom degree and 3-5 years of banking experience, with strong analytical and interpersonal skills. This role focuses on managing relationships and ensuring compliance within operational frameworks. Competitive compensation and a commitment to equity are part of the offer.

Qualifications

• 3-5 years banking/credit experience.

Responsibilities

• Perform financial analysis and interpretation.
• Generate Financial Ratios.
• Prepare detailed reports and documentation for loan proposals.

Skills

Financial analysis and interpretation

Planning/organizing

Attention to detail

Effective time management

Interpersonal skills

Verbal and written communication skills

Relationship Management

Reporting

Education

BCom Degree/ Advanced Diploma in Accounting/Finance/Credit

Job description

Primary Purpose

Performs financials analysis and interpretation, deal structuring and recommendations to credit.

Supports the Bankers to structure credit applications, as well as the management of existing portfolio (essentially income generating / monitoring)

Technical Competency Requirement

• Financial analysis and interpretation
• Planning/organizing
• Attention to detail
• Effective time management
• Interpersonal skills
• Verbal and written communication skills
• Relationship Management
• Reporting

Required Minimum Education And Training

BCom Degree/ Advanced Diploma in Accounting/Finance/Credit

Required Minimum Work Experience

3-5 years banking/credit experience

Key Performance Area (KPA)

Financial Statement Analysis

• Accurate and comprehensive assessment of the background needs and affordability of a credit application
• Analysis of financial information and preparation of financial models to determine deal feasibility and potential returns
• Preparation of credit paper and reports
• Assisting in deal presentation to the relevant Credit committee
• Management and oversight of deal execution, including finalization of all deal conditions (fees etc)
• Generate Financial Ratios

Risk and Compliance

• Adherence to legislation and regulatory requirements
• Ensure compliance with Credit Sanctions
• Complete all compliance training within laid down timelines
• Ensure accurate preparation and signing of all legal agreements and documents
• Conduct research of various industries, best practice methodologies and changes in markets thereby identifying risk to adjust areas in the business timeously
• Ensure operational risk management and mitigate risks

Relationship and Stakeholder management

• Develop and maintain relationships with internal stakeholders in order to deliver services in accordance with the expectations of the organization
• Interpret business/customer requirements and address customer queries and challenges to provide timeous and relevant solutions
• Interacting with other areas of the bank in acting as a catalyst in driving the changed initiatives in ensuring compliance with agreed risk parameters as set out in the bank’s strategy
• Advise and educate clients on the solutions on financing and providing fleet products to maximize the revenue that can be generated for Bidvest and providing the client with a workable solution
• Correctly anticipating and interpreting the customers’ business requirements to provide relevant timeous solutions (research the client’s business and industry in order to be prepared and add value to the solutions provided

Reporting

• Prepare detailed reports and documentation for loan proposals
• Presenting findings and recommendations to management and loan committees

Work Conditions

OFFICE BOUND

This position is advertised in line with our commitment to Employment Equity.