Credit Risk Analyst

Placements24; Stellenbosch; On-site; ZAR 480,000 - 640,000; Full time

Job summary

Placements24 is seeking a sharp and analytical Credit Risk Analyst to join its lending division in Paarl. You will assess borrower creditworthiness, analyze financial statements, and support risk-based loan decisions in a banking environment.

The role emphasizes credit scoring, risk assessment, and regulatory compliance, with opportunities for professional growth within a stable financial institution located in the Cape Winelands.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field.
• 2–3 years of experience in credit analysis or risk management in a financial institution.
• Strong financial statement, cash flow, and ratio analysis skills.
• Excel proficiency for data analysis and modeling.
• Excellent analytical, problem-solving, and decision-making abilities.
• Clear communication and interpersonal skills to articulate risk assessments.

Responsibilities

• Analyze financial statements and credit data to assess loan risk.
• Develop credit scoring models and risk rating systems.
• Recommend loan approvals and terms based on risk.
• Monitor portfolios for credit deterioration.
• Prepare and present credit assessment reports to the committee.
• Ensure compliance with internal policies and external regulations.

Skills

Excel for data analysis

Financial statement analysis

Cash flow analysis

Ratio analysis

Analytical thinking

Problem-solving

Decision making

Communication skills

Education

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

Job description

About the Role

Our client is looking for a sharp and analytical Credit Risk Analyst to join their lending division in Paarl . This role is integral to assessing the creditworthiness of potential borrowers and managing the risk associated with loan portfolios. You will analyze financial statements, credit histories, and market data to make informed recommendations on loan approvals and credit limits. This position offers a fantastic opportunity to apply your analytical skills within the heart of the Cape Winelands, contributing to sound financial decision-making within a well-established banking institution.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of loan applicants.
• Develop and utilize credit scoring models and risk rating systems to evaluate borrower profiles.
• Make recommendations on loan approvals, terms, and conditions based on risk assessment.
• Monitor the performance of existing loan portfolios and identify potential credit deterioration.
• Prepare credit assessment reports and present findings to the credit committee.
• Ensure compliance with all internal credit policies and external regulatory requirements.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• 2-3 years of experience in credit analysis, risk management, or a similar role within a financial institution.
• Strong understanding of financial statement analysis, cash flow analysis, and ratio analysis.
• Proficiency in Microsoft Excel for data analysis and modeling.
• Excellent analytical, problem-solving, and decision-making skills.
• Good communication and interpersonal skills, with the ability to articulate risk assessments clearly.

Benefits

• Competitive salary and annual performance bonus.
• Comprehensive medical and retirement benefits package.
• Opportunities for training in advanced credit risk management techniques.
• Stable work environment with a focus on professional growth.
• Located in beautiful Paarl with access to local amenities.