Credit Risk Analyst

Placements24; Gauteng; On-site; ZAR 480,000 - 600,000; Full time

Benefits offered by this job

Competitive salary

Health insurance and retirement plan

Generous leave allowance and paid time

Professional development and certs

Exposure to diverse financial products

Job summary

Placements24 in Gauteng is seeking a vigilant Credit Risk Analyst to join our clients' operations in Tembisa. You will assess credit exposures, develop risk frameworks, and analyze client data to mitigate potential risks.

The role requires 3-5 years in credit analysis, strong data skills, and the ability to communicate complex risk concepts to the credit committee. A competitive salary and professional development opportunities are offered.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• 3-5 years of experience in credit analysis, risk management, or a related role within the financial services industry.
• Strong understanding of credit risk principles, financial statement analysis, and regulatory frameworks.
• Proficiency in data analysis tools and statistical software (e.g., Excel, SAS, R).
• Excellent analytical and communication skills.

Responsibilities

• Analyze financial statements, credit reports, and market data to evaluate creditworthiness of borrowers.
• Develop, implement, and monitor credit risk models and scoring systems.
• Prepare detailed credit risk assessment reports and present findings to the credit committee.
• Monitor the loan portfolio for signs of deteriorating credit quality and recommend actions.
• Ensure compliance with internal credit policies and regulatory requirements.
• Collaborate with relationship managers to structure appropriate credit facilities.

Skills

Credit risk analysis

Financial statement analysis

Regulatory knowledge

Quantitative analysis

Education

Bachelor's degree in Finance/Economics/Statistics/Math

Tools

Excel

SAS

R

Job description

About the Role

Our client seeks a vigilant and insightful Credit Risk Analyst to join their established operations in Tembisa . This role is critical in assessing and managing credit exposures, ensuring the financial health and stability of the organization's lending portfolio. You will be responsible for developing and implementing robust credit risk assessment frameworks, analyzing financial data of prospective and existing clients, and providing recommendations to mitigate potential risks. This is an excellent opportunity for a meticulous professional in the banking and finance field to contribute to sound risk management practices in a bustling economic hub.

Key Responsibilities

• Analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individual and corporate borrowers.
• Develop, implement, and monitor credit risk models and scoring systems.
• Prepare detailed credit risk assessment reports and present findings and recommendations to the credit committee.
• Monitor the existing loan portfolio for signs of deteriorating credit quality and recommend appropriate actions.
• Ensure compliance with internal credit policies and relevant regulatory requirements.
• Collaborate with relationship managers to understand client needs and structure appropriate credit facilities.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Proven experience (3-5 years) in credit analysis, risk management, or a related role within the financial services industry .
• Strong understanding of credit risk principles, financial statement analysis, and regulatory frameworks.
• Proficiency in data analysis tools and statistical software (e.g., Excel, SAS, R) is highly desirable.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong written and verbal communication skills, with the ability to articulate complex risk concepts effectively.

Benefits

• Competitive salary and potential for performance-based bonuses.
• Comprehensive health insurance and retirement savings plan.
• Generous leave allowance and paid time off.
• Professional development opportunities and support for certifications.
• Exposure to diverse financial products and client segments within the banking sector .