Credit Risk Analyst

Placements24; Randburg; Hybrid; ZAR 500,000 - 800,000; Full time

Benefits offered by this job

Competitive salary

Bonuses

Health benefits

Retirement benefits

Hybrid work model

Job summary

Placements24 is seeking a meticulous and analytical Credit Risk Analyst to join our Randburg team in a hybrid role focused on assessing creditworthiness and managing risk. The position emphasizes developing and implementing risk strategies to protect the company’s financial health.

You will prepare detailed credit reports, monitor portfolio risk, and collaborate with sales and operations to manage credit limits while staying compliant with regulatory changes.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field.
• Minimum 3 years' experience in credit analysis or risk management in banking/financial services.
• Ability to interpret complex financial data with strong analytical skills.
• Proficiency in credit scoring, lending, and risk assessment techniques.

Responsibilities

• Analyze financial statements, credit reports, and market data to assess borrower risk.
• Develop, implement, and monitor credit policies and procedures to minimize risk.
• Prepare detailed credit reports and loan recommendations.
• Monitor portfolio risk and identify trends to reduce exposure.
• Collaborate with sales and operations to manage credit limits.
• Stay updated on industry trends and regulatory changes affecting risk management.

Skills

Analytical skills

Financial modeling

Credit scoring models

Communication skills

Financial statement analysis

Education

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

Job description

About the Role

Our client is seeking a meticulous and analytical Credit Risk Analyst to join their team in Randburg. This hybrid role focuses on assessing the creditworthiness of potential and existing clients, developing and implementing risk management strategies, and mitigating potential financial losses. You will play a crucial role in ensuring the stability and profitability of the company by making informed decisions regarding credit exposure, working within the risk and compliance departments to uphold robust financial health.

Key Responsibilities

• Analyze financial statements, credit reports, and market data to assess the credit risk of borrowers.
• Develop, implement, and monitor credit policies and procedures to ensure compliance and minimize risk.
• Prepare detailed credit reports and recommendations for loan approvals or rejections.
• Monitor portfolio risk, identify trends, and implement strategies to manage and reduce credit exposure.
• Collaborate with sales and operations teams to understand client needs and manage credit limits effectively.
• Stay updated on industry trends and regulatory changes affecting credit risk management.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 3 years of experience in credit analysis, risk management, or a similar role within the banking or financial services industry.
• Strong analytical skills with the ability to interpret complex financial data.
• Proficiency in financial modeling and risk assessment techniques.
• Excellent understanding of credit scoring models and loan structuring.
• Strong written and verbal communication skills, with the ability to present findings to management.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health and retirement benefits.
• Opportunities for professional development and certifications in risk management.
• A hybrid work model providing flexibility and work-life balance.
• Be part of a stable financial institution committed to prudent risk management in Randburg.