Credit Analyst - Corporate Banking

Placements24; Vereeniging; Hybrid; ZAR 420,000 - 700,000; Full time

Benefits offered by this job

Competitive starting salary

Medical aid and provident fund

Career progression within banking

Hybrid work arrangement

Training and development programs

Supportive team environment

Job summary

Placements24 is seeking a diligent Credit Analyst for a leading bank in Vereeniging, Gauteng. You will analyze corporate financials, assess credit risk, and prepare loan recommendations to support prudent lending decisions in a hybrid work setting.

You will collaborate with relationship managers, structure credit facilities, and monitor portfolios while ensuring regulatory compliance and strong financial modeling skills.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field required.
• 2–4 years of experience in credit analysis, corporate banking, or financial analysis.
• Strong knowledge of financial statement analysis, ratio analysis, and cash flow forecasting.
• Excellent written and verbal communication skills.
• Familiarity with Vereeniging, Gauteng business environment is a plus.

Responsibilities

• Assess credit risk of corporate clients by analyzing financial statements and credit reports.
• Prepare credit applications and recommendations for loan approvals or rejections.
• Monitor loan portfolios and identify distress signals with remedial actions.
• Conduct site visits and interviews to assess business operations and financial health.
• Ensure compliance with credit policies, procedures, and regulatory requirements.
• Develop financial models to assess repayment capacity and collateral value.
• Collaborate with relationship managers to structure credit solutions.
• Stay informed about economic conditions affecting corporate borrowers.

Skills

Analytical skills

Problem solving

Decision making

Written communication

Verbal communication

Education

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

Tools

Microsoft Excel

Job description

About the Role

Our client, a leading bank, is looking for a diligent and analytical Credit Analyst to join their Corporate Banking division in Vereeniging. This role is essential for assessing the creditworthiness of corporate clients, analyzing financial statements, and making informed recommendations on loan applications. You will work closely with relationship managers to structure credit facilities and manage risk, contributing to the bank's sustainable growth within Gauteng. This position offers excellent exposure to corporate finance and risk assessment.

Key Responsibilities

• Analyze financial statements, credit reports, and industry data to evaluate the credit risk of corporate clients.
• Prepare comprehensive credit applications and recommendations for loan approvals or rejections.
• Monitor existing loan portfolios, identifying early warning signs of distress and proposing remedial actions.
• Conduct site visits and client interviews to gain a deeper understanding of their business operations and financial health.
• Ensure compliance with the bank's credit policies, procedures, and regulatory requirements.
• Develop and maintain financial models to assess repayment capacity and collateral value.
• Collaborate with relationship managers to structure appropriate credit solutions for clients.
• Stay informed about economic conditions and industry trends affecting corporate borrowers.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 2-4 years of experience in credit analysis, corporate banking, or financial analysis.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow forecasting.
• Proficiency in Microsoft Excel for financial modeling and data analysis.
• Knowledge of credit risk assessment techniques and loan structuring.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills.
• Ability to manage multiple tasks and meet deadlines effectively.
• Familiarity with the Vereeniging, Gauteng, ZA business environment is a plus.

Benefits

• Competitive starting salary and potential for annual bonuses.
• Comprehensive medical aid and provident fund benefits.
• Opportunities for career progression within the banking sector.
• Exposure to a diverse portfolio of corporate clients.
• Hybrid work arrangement providing flexibility.
• Training and development programs to enhance analytical skills.
• A supportive team environment in Vereeniging.