Credit Risk Analyst

Placements24; South Africa; Hybrid; ZAR 650,000 - 950,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional development

Hybrid work model

Supportive team environment

Job summary

Placements24 in Queenstown, South Africa, is seeking a detail-oriented Credit Risk Analyst to assess borrower creditworthiness, monitor portfolios and mitigate potential losses in a collaborative, growth-focused team.

You will analyze financial statements, develop risk scoring models, and ensure compliance with internal policies and external regulations. A bachelor's degree and at least 3 years in credit analysis are required, with strong Excel and communication skills.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting or related field.
• Minimum of 3 years of experience in credit analysis or risk management.
• Strong ability to analyze financial statements and credit risk.
• Proficiency in data analysis and Excel.
• Excellent analytical and communication skills.

Responsibilities

• Analyze financial statements, credit reports and market data to assess borrower risk.
• Develop and maintain credit scoring models and risk assessment methodologies.
• Monitor credit exposure of the portfolio and identify potential issues.
• Prepare detailed credit analyses and recommendations for approvals or denials.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Collaborate with sales and relationship teams to support growth while managing risk.

Skills

Credit risk analysis

Financial statement analysis

Excel

Data analysis

Education

Bachelor's degree in Finance or related field

Tools

Excel

Job description

Our client is seeking a detail-oriented Credit Risk Analyst to join their team in Queenstown . This role is crucial for assessing the creditworthiness of potential and existing clients, managing credit portfolios, and mitigating potential financial losses. You will analyze financial statements, market data, and other relevant information to make informed credit decisions and recommendations. This position offers the opportunity to play a key role in the company's financial health and growth, working within a collaborative environment that values analytical rigor and sound judgment.

Key Responsibilities

• Analyze financial statements, credit reports, and market data to assess borrower risk.
• Develop and maintain credit scoring models and risk assessment methodologies.
• Monitor the credit exposure of the company's portfolio and identify potential issues.
• Prepare detailed credit analysis reports and recommendations for loan approvals or denials.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Collaborate with sales and relationship management teams to support business growth while managing risk.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 3 years of experience in credit analysis, risk management, or a related financial role.
• Strong understanding of financial statement analysis and credit risk principles.
• Proficiency in data analysis and relevant software, including Excel.
• Excellent analytical, problem-solving, and decision-making skills.
• Good communication and interpersonal skills to liaise with clients and internal teams.

Benefits

• Competitive salary and potential for annual bonuses.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for professional development and training in risk management.
• Hybrid work model providing a mix of office collaboration and remote flexibility in Queenstown .
• A supportive team environment focused on maintaining a healthy risk profile.