Credit Analyst

Placements24; South Africa; Hybrid; ZAR 420,000 - 640,000; Full time

Benefits offered by this job

Competitive salary

Bonuses

Medical aid

Retirement fund

Paid leave

Training opportunities

Hybrid work

Queenstown team

Job summary

Placements24 in Queenstown is seeking a detail-oriented Credit Analyst to join their team. The role focuses on evaluating creditworthiness of loan applicants and monitoring portfolios to ensure compliance with lending policies.

You will analyze financial statements, prepare credit reports, and engage with clients to gather necessary information. The position blends office-based analysis with remote flexibility in a supportive banking and finance environment.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• 2-4 years of experience in credit analysis, banking, or financial services.
• Strong understanding of financial statement analysis and credit assessment techniques.
• Proficiency in financial software and MS Office Suite, particularly Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to manage multiple assignments and meet deadlines effectively.

Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of loan applicants.
• Prepare comprehensive credit reports with recommendations for loan approval, denial, or modification.
• Monitor existing loan portfolios for potential risks and ensure compliance with loan covenants.
• Develop and maintain relationships with clients to gather necessary financial information and understand their business needs.
• Stay informed about economic conditions and industry trends that may impact credit risk.
• Ensure adherence to all company credit policies and regulatory requirements.

Skills

Financial statement analysis

Credit assessment

Analytical thinking

Communication

Multi-tasking

Education

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

Tools

Excel

MS Office Suite

Job description

About the Role

Our client is seeking a detail-oriented and analytical Credit Analyst to join their team in Queenstown. This role is integral to the credit risk assessment process within the Banking & Finance sector, involving the evaluation of creditworthiness for loan applicants. You will play a crucial part in ensuring the company's loan portfolio remains sound and compliant with lending policies. This hybrid position offers a balanced approach to work, combining office-based analysis with remote flexibility. The ideal candidate is someone with a sharp mind for financial details and a commitment to sound lending practices.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of loan applicants.
• Prepare comprehensive credit reports with recommendations for loan approval, denial, or modification.
• Monitor existing loan portfolios for potential risks and ensure compliance with loan covenants.
• Develop and maintain relationships with clients to gather necessary financial information and understand their business needs.
• Stay informed about economic conditions and industry trends that may impact credit risk.
• Ensure adherence to all company credit policies and regulatory requirements.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• 2-4 years of experience in credit analysis, banking, or financial services.
• Strong understanding of financial statement analysis and credit assessment techniques.
• Proficiency in financial software and MS Office Suite, particularly Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to manage multiple assignments and meet deadlines effectively.

Benefits

• Competitive salary and potential for performance bonuses.
• Comprehensive medical aid and retirement fund benefits.
• Paid annual leave and company holidays.
• Training and development opportunities to enhance skills.
• Hybrid work model offering flexibility.
• A supportive team environment in Queenstown.