Credit Risk Analyst

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Fully remote

Health insurance

Retirement plan

Professional development

Job summary

Placements24 is seeking a sharp and analytical Credit Risk Analyst to join a fully remote team. The role focuses on assessing creditworthiness, developing risk models, and monitoring portfolio performance for sound lending practices.

The ideal candidate has a finance-related degree, at least 3 years of credit/risk experience, strong financial statement and modeling skills, and proficiency in SQL. Expect a flexible remote environment with opportunities for professional growth and certifications.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Minimum of 3 years of experience in credit analysis, risk management, or a related banking role.
• Strong understanding of financial statement analysis, ratio analysis, and financial modeling.
• Proficiency in SQL for data extraction and manipulation.
• Familiarity with credit risk management software and techniques.

Responsibilities

• Analyze financial statements, credit reports, and other data to assess the credit risk of individuals and businesses.
• Develop and implement credit scoring models and risk assessment methodologies.
• Monitor the credit performance of existing loan portfolios, identifying potential issues and recommending proactive measures.
• Approve or reject loan applications based on established credit policies and risk appetites.
• Prepare detailed credit memos and reports for management review.
• Stay updated on credit risk best practices, regulatory changes, and market trends.

Skills

Analytical mindset

Quantitative analysis

Problem-solving

Education

Bachelor's degree in Finance, Economics, Mathematics, or related field

Tools

SQL

Credit risk software

Job description

About the Role

Our client is seeking a sharp and analytical Credit Risk Analyst to join their fully remote team. This role is crucial for assessing the creditworthiness of clients and managing the associated risks for the organization. You will utilize sophisticated analytical tools and financial data to develop risk models, evaluate loan applications, and monitor portfolio performance. This is an excellent opportunity for a finance professional who excels in quantitative analysis and thrives in a flexible, remote work environment, contributing to sound lending practices.

Key Responsibilities

• Analyze financial statements, credit reports, and other data to assess the credit risk of individuals and businesses.
• Develop and implement credit scoring models and risk assessment methodologies.
• Monitor the credit performance of existing loan portfolios, identifying potential issues and recommending proactive measures.
• Approve or reject loan applications based on established credit policies and risk appetites.
• Prepare detailed credit memos and reports for management review.
• Stay updated on credit risk best practices, regulatory changes, and market trends.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Minimum of 3 years of experience in credit analysis, risk management, or a related banking role.
• Strong understanding of financial statement analysis, ratio analysis, and financial modeling.
• Proficiency in SQL for data extraction and manipulation.
• Familiarity with credit risk management software and techniques.
• Excellent analytical, quantitative, and problem‑solving skills, with keen attention to detail.

Benefits

• Competitive salary and performance-based incentives.
• Fully remote work arrangement, providing ultimate flexibility.
• Comprehensive health insurance and retirement savings plan.
• Opportunities for professional development, including credit risk certifications.
• A collaborative online environment that fosters continuous learning and growth.