Credit Risk Analyst

Placements24; Benoni; Hybrid; ZAR 320,000 - 520,000; Full time

Benefits offered by this job

Health benefits

Retirement benefits

Professional growth

Hybrid work arrangement

Job summary

Placements24 is seeking a skilled Credit Risk Analyst in Benoni to assess and manage credit risk across loan portfolios and transactions. You will analyze financial data, evaluate borrower creditworthiness, and develop risk mitigation strategies to protect the company’s interests, contributing to a healthy loan book.

The ideal candidate has 2–4 years in credit analysis, strong analytical skills, and a solid understanding of credit principles and regulatory requirements.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics.
• 2-4 years in credit analysis, risk management, or related financial role.
• Proficiency in financial analysis, data interpretation, and modeling techniques.
• Strong understanding of credit principles, financial markets, and regulatory requirements.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Analyze financial statements and credit reports to assess creditworthiness.
• Develop and maintain credit scoring models and risk assessment frameworks.
• Monitor loan portfolios for potential credit deterioration and implement corrective actions.
• Prepare credit memos and recommendations for loan approval or denial.
• Stay updated on industry trends, regulatory changes, and best practices in credit risk management.

Skills

Financial analysis

Credit risk

Data interpretation

Communication

Education

Bachelor's degree in Finance, Economics, Statistics

Tools

Statistical modeling

Job description

Our client, a leading financial services provider based in Benoni , is seeking a skilled Credit Risk Analyst to join their team. This role is vital in assessing and managing credit risk associated with loan portfolios and financial transactions. You will analyze financial data, evaluate creditworthiness of borrowers, and develop risk mitigation strategies to protect the company's financial interests. This position requires a strong analytical aptitude and a keen eye for detail, working within a collaborative environment in the Gauteng region. The ideal candidate will contribute to maintaining a healthy loan book and supporting sound lending decisions.

Key Responsibilities

• Analyze financial statements and credit reports to assess the creditworthiness of individuals and businesses.
• Develop and maintain credit scoring models and risk assessment frameworks.
• Monitor existing loan portfolios for potential credit deterioration and implement corrective actions.
• Prepare credit memos and recommendations for loan approval or denial.
• Stay updated on industry trends, regulatory changes, and best practices in credit risk management.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, or a related field.
• 2-4 years of experience in credit analysis, risk management, or a related financial role.
• Proficiency in financial analysis, data interpretation, and modeling techniques.
• Strong understanding of credit principles, financial markets, and regulatory requirements.
• Excellent analytical, problem-solving, and communication skills.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health and retirement benefits.
• Opportunities for professional growth and certifications in risk management.
• A hybrid work arrangement offering flexibility between home and the Benoni office.
• Exposure to diverse credit portfolios and challenging analytical work.