Credit Analyst - Western Cape

Findojobs South Africa; South Africa; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading company in the financial sector seeks a Financial Analyst responsible for assessing financial performance, conducting market research, and performing comprehensive risk assessments. The role involves detailed analysis of financial statements, managing client evaluations, and providing insightful reporting for executive decision-making. The ideal candidate will possess a finance degree and have experience in financial analysis and risk assessment.

Qualifications

• Experience in analyzing financial statements and management accounts.
• Strong background in risk assessment and market research.
• Ability to conduct client background analysis and provide reporting.

Responsibilities

• Assess financial performance by analyzing income statements and balance sheets.
• Conduct market research and perform risk assessments for clients.
• Prepare executive summaries for board submissions and manage financial information requests.

Skills

Financial analysis

Risk assessment

Market research

Client evaluation

Education

Degree in Finance or Accounting

Job description

Analysis of financial statements and management accounts

• Assess financial performance of applicants and guarantor entities by analyzing income statements, balance sheets, and consolidating information where applicable.

Analysis of VAT returns and book debts

• Review VAT returns and analyze book debts.

Market research and risk assessment

• Research market trends, conduct qualitative reviews, corporate ratings, and determine repayment affordability.

Client background and credit analysis

• Gather information on clients’ backgrounds, business nature, locations, management, customers, and suppliers.
• Request credit reports, bank reports, and security confirmations for trade clients.
• Perform SWOT analysis to identify client risks and potential hazards.
• Summarize client needs and comments on utilization.

Security and financial review

• Prepare and update manual exposure reports, ensuring securities are loaded, financials are updated in the system, and valuations are current.
• Follow up on arrears if applicable.

Sensitivity analysis and legal review

• Provide sensitivity analysis for each application.
• Prepare information sheets and request legal reviews.

Risk identification and reporting

• Identify risks related to clients and industries, and suggest mitigating factors.
• Respond to queries from credit committees, BOD, and management.
• Prepare executive summaries for board submissions.
• Incorporate value-added, innovative, and risk assessments into reports.

Analysis of Book Debts

• Conduct monthly analysis of book debts for clients with security cessions.
• Determine security amounts and update the system.
• Prepare security value schedules and risk ratings.
• Respond to MCC queries.

Trade Finance Reviews

• Maintain and update trade review lists, schedules, and outstanding information for all facilities.
• Prepare and follow up on trade review letters requesting financial information.

General responsibilities

• Follow up on financial information requests from clients.
• Prepare annual corporate property reviews and submit to credit.