Credit Analyst - Corporate Lending

Placements24; Benoni; Hybride; ZAR 360 000 - 520 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Medical aid

Retirement fund contributions

Hybrid work model

Professional development opportunities

Résumé du poste

Placements24 is seeking a diligent Credit Analyst for the Corporate Lending division in Benoni, Gauteng. You will assess creditworthiness of corporate clients to support sound lending decisions.

You will analyze financial statements and cash flows, prepare credit memorandums, monitor portfolios, and work with relationship managers to manage risk. A SA bachelor's in finance/economics and 2+ years in credit analysis are required.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• Minimum 2 years of credit analysis or financial analysis experience.
• Strong ability to analyze financial statements and cash flows.
• Knowledge of loan structures and credit facilities.
• Excellent written and verbal communication.

Responsabilités

• Analyze financial statements, cash flow projections, and credit histories of corporate borrowers.
• Assess the credit risk associated with loan applications and existing credit facilities.
• Prepare comprehensive credit memorandums and recommendations for loan approvals.
• Monitor the financial performance of the bank's loan portfolio and identify potential risks.
• Conduct industry and market research to support credit assessments.
• Ensure compliance with the bank's lending policies and regulatory requirements.
• Maintain accurate and up-to-date credit files and documentation.
• Communicate effectively with relationship managers and clients regarding credit decisions and requirements.
• Assist in covenant monitoring and compliance for existing loan facilities.
• Stay abreast of economic trends and market developments impacting credit risk.

Connaissances

Financial statement analysis

Cash flow forecasting

Credit risk assessment

Excel proficiency

Analytical thinking

Communication skills

Formation

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

Outils

Microsoft Excel

Description du poste

About the Role

Our client, a distinguished commercial bank, is seeking a diligent and analytical Credit Analyst to join their Corporate Lending division in Benoni, Gauteng . This role is pivotal in assessing the creditworthiness of potential and existing corporate clients, ensuring sound lending decisions and minimizing risk exposure. The successful candidate will be responsible for conducting thorough financial analysis, evaluating loan applications, and making recommendations on credit facilities. This position offers a hybrid work arrangement, allowing for a flexible balance between office-based analysis and remote work. You will be an integral part of the credit team, collaborating closely with relationship managers and contributing to the bank's portfolio quality within Benoni, Gauteng . The ideal candidate possesses strong quantitative skills and a keen understanding of financial statements and risk assessment principles.

Key Responsibilities

• Analyze financial statements, cash flow projections, and credit histories of corporate borrowers.
• Assess the credit risk associated with loan applications and existing credit facilities.
• Prepare comprehensive credit memorandums and recommendations for loan approvals.
• Monitor the financial performance of the bank's loan portfolio and identify potential risks.
• Conduct industry and market research to support credit assessments.
• Ensure compliance with the bank's lending policies and regulatory requirements.
• Maintain accurate and up-to-date credit files and documentation.
• Communicate effectively with relationship managers and clients regarding credit decisions and requirements.
• Assist in covenant monitoring and compliance for existing loan facilities.
• Stay abreast of economic trends and market developments impacting credit risk.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related business field.
• Minimum of 2 years of experience in credit analysis, risk management, or financial analysis within a banking or financial institution.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow forecasting.
• Familiarity with loan structuring and various types of credit facilities.
• Proficiency in Microsoft Excel is essential.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills.
• Ability to work independently and manage deadlines effectively.
• High attention to detail and accuracy.
• Knowledge of the South African financial market and regulatory environment is a plus.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional development and training in credit risk management.
• Hybrid work model promoting work-life balance.
• A collaborative and supportive team environment in Benoni, Gauteng .
• Access to ongoing learning resources and industry insights.