Credit Analyst

Placements24; Stellenbosch; Hybrid; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Competitive pay

Medical & retirement benefits

Growth opportunities

Hybrid work model

Job summary

Placements24 in Stellenbosch seeks a meticulous Credit Analyst to evaluate the creditworthiness of individuals and businesses, guiding prudent lending and risk management within the financial services sector.

You will analyze financial data, prepare credit reports, and monitor portfolio health while ensuring compliance with policies and regulations. The role emphasizes detailed reporting, stakeholder communication, and ongoing development of credit scoring tools in a hybrid work setting.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• Proven experience as a Credit Analyst or similar role in a financial institution.
• Strong understanding of financial analysis, credit risk assessment techniques, and lending principles.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in financial software; Excel essential.
• Effective communication and interpersonal skills for hybrid work.

Responsibilities

• Analyze financial statements, credit reports, and data to assess credit risk.
• Prepare detailed credit assessment reports and loan recommendations.
• Monitor credit performance of existing portfolios and identify risks.
• Ensure compliance with internal policies and external regulations.
• Communicate credit decisions clearly to applicants and stakeholders.
• Assist in developing and refining credit scoring models and risk tools.

Skills

Financial analysis

Credit risk assessment

Excel proficiency

Analytical thinking

Communication skills

Education

Bachelor’s degree in Finance/Economics/Accounting

Tools

Microsoft Excel

Job description

About the Role

Our client is seeking a meticulous and insightful Credit Analyst to join their esteemed financial services team in Stellenbosch . This role is integral to evaluating the creditworthiness of individuals and businesses, ensuring prudent lending practices, and managing credit risk effectively within the vibrant Western Cape economic landscape. You will work closely with clients and internal departments to assess loan applications and portfolio health, contributing to the sound financial standing of the institution and its customers within the banking sector.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess credit risk.
• Prepare detailed credit assessment reports and recommendations for loan approval or rejection.
• Monitor the credit performance of existing loan portfolios and identify potential risks.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Communicate credit decisions and requirements clearly to applicants and internal stakeholders.
• Assist in the development and refinement of credit scoring models and risk assessment tools.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Proven experience as a Credit Analyst or in a similar role within a financial institution.
• Strong understanding of financial analysis, credit risk assessment techniques, and lending principles.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in financial software and Microsoft Excel is essential.
• Effective communication and interpersonal skills, with the ability to work in a hybrid environment.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive medical and retirement benefits.
• Opportunities for professional growth and training in credit risk management.
• A supportive and collaborative work environment in the picturesque city of Stellenbosch .
• Hybrid work model providing flexibility and work-life balance.