Credit Risk Analyst

Placements24; Gqeberha; On-site; ZAR 360,000 - 540,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Professional development

Growth opportunities

Analytical tools access

Job summary

Placements24 in Port Elizabeth is seeking a proactive Credit Risk Analyst to assess borrower risk, analyze financial statements and credit reports, and support prudent lending decisions. You will develop risk models, monitor portfolio performance, and communicate findings to stakeholders.

A quantitative degree and 2–4 years' experience are required, with strong analytical and communication skills. This role offers a collaborative environment and exposure to cutting-edge risk tools, with

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
• 2-4 years of experience in credit analysis, risk management, or a similar financial role.
• Proficiency in financial statement analysis and understanding of credit principles.
• Experience with credit risk modeling software and analytical tools is an advantage.

Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Develop and apply credit scoring models and risk rating methodologies.
• Make recommendations on credit applications, including loan approvals, terms, and limits.
• Monitor the performance of the loan portfolio, identifying potential areas of concern.
• Conduct regular reviews of existing credit facilities and covenants.
• Prepare reports on credit risk exposure and portfolio quality for management.

Skills

Numerical analysis

Credit principles

Communication skills

Financial analysis

Credit risk modeling

Education

Bachelor's degree in Finance/Economics/Statistics

Tools

Credit risk software

Analytical tools

Job description

About the Role

Our client is seeking a proactive and analytical Credit Risk Analyst to join their established team in Port Elizabeth . This role is critical in assessing the creditworthiness of potential and existing clients, ensuring the company's loan portfolio remains sound and profitable. You will analyze financial statements, credit reports, and market data to make informed recommendations on credit applications and to manage portfolio risk. The ideal candidate will possess a strong quantitative aptitude, a keen eye for detail, and the ability to communicate risk assessments effectively to both technical and non-technical stakeholders, contributing to prudent lending practices within the financial institution in Port Elizabeth .

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Develop and apply credit scoring models and risk rating methodologies.
• Make recommendations on credit applications, including loan approvals, terms, and limits.
• Monitor the performance of the loan portfolio, identifying potential areas of concern.
• Conduct regular reviews of existing credit facilities and covenants.
• Prepare reports on credit risk exposure and portfolio quality for management.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
• 2-4 years of experience in credit analysis, risk management, or a similar financial role.
• Proficiency in financial statement analysis and understanding of credit principles.
• Experience with credit risk modeling software and analytical tools is an advantage.
• Strong numerical and problem-solving skills.
• Excellent written and verbal communication abilities.

Benefits

• Competitive salary and potential for performance-related bonuses.
• Comprehensive health insurance and retirement savings plan.
• Opportunities for training and professional development in credit risk.
• A supportive team environment with a focus on employee growth.
• Access to cutting-edge analytical tools and resources.