CREDIT ANALYST - R55k pm - CLAREMONT

DO MORE Placements; South Africa; On-site; ZAR 420,000 - 640,000; Full time

Job summary

DO MORE Placements seeks aCredit Analyst to support the lending team in Claremont, South Africa. You will assess credit proposals, prepare financial forecasts, and draft investment memorandums for committee review.

The role requires strong financial analysis, attention to detail, and the ability to liaise with clients and internal teams to ensure compliant lending processes, with opportunities to influence credit decisions and process improvements.

Qualifications

• Accounting/finance or maths/quants orientated degree – B.Com; B.Bus.Sci; or CA background, CFA or equivalent
• Industry experience in credit and risk advantageous
• Must be able to work well within a team and be able to operate independently.
• Must be able to deal with relevant client queries in an informed, professional, and timely manner.
• Must be able to assess companies across different industries, as well as their capacity to take on and repay debt, where the debt can be required for asset finance, growth finance, working capital or other business purposes.
• Must have a passion for lending/markets and for empowering companies and have a passion for numbers and analysis

Responsibilities

• Ensuring that credit policies, criteria, procedures, and documentation relating to credit are generated and adhered to
• Assessing the credit worthiness of empowerment enterprises specifically with a responsible lending mindset
• Prepare all documentation and analysis, including financial forecast models and Investment memorandums, to present to and facilitate decisions of the Credit/Investment Committee
• Determine and ensure that company operations meet conditions for the provisions, and special loan conditions for clients
• Prepare and conclude loan and security agreements and other ancillary documentation
• Monitor loan agreements compliance through time and if need be, liaise with the borrower to ensure that no clauses on the agreement are breached.
• Liaising with other staff within the company making specific reference to the Credit Team on matters relating to existing and new loans and with other members of the Team to assist with matters that indirectly affect the credit team and borrowers.
• Engage with clients and other third parties in a professional manner, in person, virtually, telephonically or via email.

Skills

Credit analysis

Financial modeling

Attention to detail

Team collaboration

Independent work

Communication skills

Education

B.Com

B.Bus.Sci

CA background

CFA or equivalent

Tools

MS Excel

Job description

Claremont, South Africa | Posted on 11/13/2024

• Diverse Skill Development in Finance and Credit
• Team Collaboration and Independence
• Opportunities for Innovation and Process Improvement
• Exposure to South Africa's Business Landscape

Responsibilities :

• Ensuring that credit policies, criteria,procedures, and documentation relating to credit are generated and adhered to
• Assessing the credit worthiness of empowermententerprises specifically with a responsible lending mindset
• Ability to sense check and suggest amendments toa deal structure according to specific position of the enterprise
• Prepare all documentation and analysis,including financial forecast models and Investment memorandums, to present toand facilitate decisions of the Credit/Investment Committee
• Determine and ensure that company operationsmeet conditions for the provisions, and special loan conditions for clients
• Prepare and conclude loan and securityagreements and other ancillary documentation
• Monitor loan agreements compliance through timeand if need be, liaise with the borrower to ensure that no clauses on theagreement are breached.
• Liaising with other staff within the companymaking specific reference to the Credit Team on matters relating to existingand new loans and with other members of the Team to assist with matters thatindirectly affect the credit team and borrowers.

Ability to:

• Understand the lending or financing environment,with a specific focus on secured lending to small private businesses.
• Ability to review a credit application, make aninitial assessment on the validity of the funding opportunity and liaise withthe client to obtain the necessary financial and non-financial informationneeded to complete a detailed due diligence
• Be able to deliver on a number of tasks,primarily tasks relating to the assessment and finalising of fundingopportunities, in a timely and professional manner,
• Be able to conduct detailed financial analysison a funding opportunity, including performing financial statement and ratioanalysis, building financial models in MsExcel and interpreting financialperformance of clients.
• To understand legal requirements in granting& declining credit applications
• To operate in a research environment whereexamining and sorting through financial data is critical to one’s success
• To make use of learnt methodologies to achievedesired outcomes i.e. must be methodical and have high attention to detail
• To be self-motivated, accountable and reliable,and have the ability to handle criticism
• To be prepared to undertake a range of workrather than focussing on a small, clearly defined role
• To handle challenging questions in aprofessional and mature manner
• To present findings to teams of people, mostimportantly other credit team members, management and the Investment Committee.
• To produce well written, detailed reports,containing quantitative and qualitative information.
• To come up with logical, well thought outrecommendations/solutions
• To proactively research new ideas that arerelevant to strengthening company loan processes as well as the execution ofdeals.
• To operate independently and take ownership oftasks assigned, while at all times liaising with other team members and workingwith the team.
• Engage with clients and other third parties in aprofessional manner, in person, virtually, telephonically or via email.
  

Requirements

• Accounting/finance or maths/quants orientateddegree – B.Com; B.Bus.Sci; or CA background, CFA or equivalent
• Industry experience in credit and risk (i.e.corporate finance/finance/legal/SME environment or a development financeinstitution) advantageous
• Must be able to work well within a team and beable to operate independently.
• Must be able to deal with relevant clientqueries in an informed, professional, and timely manner.
• Must be able to assess companies acrossdifferent industries, as well as their capacity to take on and repay debt,where the debt can be required for asset finance, growth finance, workingcapital or other business purposes.
• Must have a passion for lending/markets and forempowering companies and have a passion for numbers and analysis

Experience in:

• Analysing businesses from a financiallysustainable point of view
• Constructing scenarios or analysing informationto come up with recommendations

Knowledge of:

• Knowledge of market drivers
• Accounting and corporate tax concepts
• Impactful work with Empowerment Focus
• Diverse Skill Development in Finance and Credit
• Team Collaboration and Independence
• Opportunities for Innovation and Process Improvement
• Exposure to South Africa's Business Landscape