Credit Analyst (Senior)

Placements24; Benoni; Ibrido; ZAR 700.000 - 1.000.000; Tempo pieno

Vantaggi offerti da questo lavoro

Competitive salary

Medical aid & retirement benefits

Professional development opportunities

Descrizione del lavoro

Placements24 in Benoni, Gauteng, is seeking a highly analytical Senior Credit Analyst to assess creditworthiness of loan applicants and support risk policies. The role blends office-based analysis with remote flexibility in a hybrid model.

You will analyze financial statements, perform due diligence, prepare reports, monitor portfolios and mentor junior analysts in a fast-paced banking environment. Experience in the South African market and strong Excel skills are essential.

Competenze

• Bachelor's degree in Finance, Economics, Accounting or related field.
• 5+ years of experience in credit analysis, loan underwriting, or related banking role.
• Strong financial statement analysis, cash flow modeling, and risk assessment.
• Knowledge of banking regulations and compliance requirements.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in using financial analysis software and Microsoft Excel.
• Strong written and verbal communication skills, with the ability to articulate complex financial information clearly.
• Ability to work independently and as part of a team in a fast-paced environment.
• Experience in the South African financial market is essential.

Mansioni

• Analyze financial statements, cash flow projections, and other data to assess credit risk of loan applicants.
• Prepare credit reports and recommendations for loan approval or rejection.
• Conduct thorough due diligence on prospective borrowers, including background checks and industry analysis.
• Monitor the performance of existing loans, identifying risks and recommending actions.
• Ensure all credit decisions comply with policies, procedures and regulatory requirements.
• Collaborate with relationship managers to understand client needs and provide tailored credit solutions.
• Stay updated on economic conditions, industry trends and regulatory changes affecting credit risk.
• Assist in development and refinement of credit scoring models and risk tools.
• Mentor junior credit analysts and provide guidance on complex analyses.

Conoscenze

Financial statement analysis

Cash flow modeling

Risk assessment

Microsoft Excel

Formazione

Bachelor's degree in Finance, Economics, Accounting

Strumenti

Microsoft Excel

Descrizione del lavoro

About the Role

Our client, a respected commercial bank in Benoni, Gauteng , is seeking a highly analytical and detail-oriented Senior Credit Analyst. This role is integral to assessing the creditworthiness of potential borrowers, ensuring the bank's loan portfolio remains sound and compliant with risk policies. The Senior Credit Analyst will be responsible for analyzing financial statements, conducting due diligence, and making recommendations on loan applications. This is an excellent opportunity to contribute to the financial health of the bank in the dynamic economic landscape of Gauteng . We are looking for a candidate with a strong financial acumen and a proven ability to manage risk. The position utilizes a hybrid work model, allowing for a blend of office-based analysis and remote flexibility in Benoni .

Key Responsibilities

• Analyze financial statements, cash flow projections, and other relevant data to assess the credit risk of loan applicants.


• Prepare comprehensive credit reports and recommendations for loan approval or rejection.


• Conduct thorough due diligence on prospective borrowers, including background checks and industry analysis.


• Monitor the performance of existing loans, identifying potential risks and recommending appropriate actions.


• Ensure all credit decisions comply with the bank's credit policies, procedures, and regulatory requirements.


• Collaborate with relationship managers to understand client needs and provide tailored credit solutions.


• Stay updated on economic conditions, industry trends, and regulatory changes affecting credit risk.


• Assist in the development and refinement of credit scoring models and risk assessment tools.


• Mentor junior credit analysts and provide guidance on complex analyses.

Requirements

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


• A minimum of 5 years of experience in credit analysis, loan underwriting, or a related role within the banking sector.


• Strong understanding of financial statement analysis, cash flow modeling, and risk assessment techniques.


• Knowledge of relevant banking regulations and compliance requirements.


• Excellent analytical, quantitative, and problem-solving skills.


• Proficiency in using financial analysis software and Microsoft Excel.


• Strong written and verbal communication skills, with the ability to articulate complex financial information clearly.


• Ability to work independently and as part of a team in a fast-paced environment.


• Experience in the South African financial market is essential.


• Attention to detail and a commitment to accuracy.

Benefits

Our client offers a competitive salary and a performance-based bonus structure. Comprehensive medical aid and retirement fund benefits are provided. Opportunities for professional development and advancement within the bank are actively supported. Join a team dedicated to sound lending practices and client success in Benoni . The hybrid work model promotes a healthy work-life balance.