Credit Risk Analyst - Corporate Banking

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 650,000 - 1,050,000; Full time

Benefits offered by this job

Competitive salary

Performance-based incentives

Medical and retirement benefits

Professional development opportunities

Job summary

Placements24 is seeking a Credit Risk Analyst for a prominent corporate banking client in Richards Bay, KwaZulu-Natal. The role focuses on assessing creditworthiness of corporate borrowers, analyzing financial statements, evaluating collateral, and recommending credit facilities.

The position offers a hybrid work model with in-office collaboration and flexible remote work. You will work with relationship managers to structure solutions, develop risk models, monitor portfolios, and ensure

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze financial statements, cash flow projections, and industry trends to assess credit risk.
• Prepare credit memorandums and recommendations for loan approvals and renewals.
• Monitor portfolio performance and identify early warning signs of distress.
• Conduct due diligence and site visits when required.
• Develop and maintain credit risk models and scoring systems.
• Ensure compliance with credit policies and regulatory requirements.
• Collaborate with relationship managers to structure credit solutions.
• Communicate credit decisions and rationales clearly to stakeholders.

Skills

Analytical skills

Communication skills

Decision-making

Education

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

Job description

About the Role

Our client, a prominent player in the corporate banking sector, is seeking a skilled Credit Risk Analyst to join their esteemed team in **Richards Bay, KwaZulu-Natal**. This role is critical in assessing and managing the creditworthiness of corporate clients, ensuring the bank's loan portfolio remains sound and profitable. The successful candidate will conduct in-depth financial analysis of potential and existing borrowers, evaluate collateral, and make informed recommendations regarding credit facilities. This position offers a hybrid work model, allowing for a blend of collaborative in-office work and flexible remote operations. You will play a key role in safeguarding the bank's assets and contributing to sustainable business growth by mitigating potential credit losses. The role requires a sharp analytical mind, a strong understanding of financial statements, and the ability to navigate complex financial structures and market conditions within the **Richards Bay** economic environment.

Key Responsibilities

• Analyze financial statements, cash flow projections, and industry trends of corporate clients to assess credit risk.
• Prepare comprehensive credit memorandums and recommendations for loan approvals, renewals, and modifications.
• Monitor the performance of existing loan portfolios, identifying early warning signs of potential distress.
• Conduct due diligence and site visits (when required) to evaluate borrowers and their operations.
• Develop and maintain credit risk models and scoring systems.
• Ensure compliance with the bank's credit policies, procedures, and regulatory requirements.
• Work closely with relationship managers and other departments to structure credit solutions.
• Communicate credit decisions and rationales clearly to internal stakeholders.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field.
• Minimum of 4 years of experience in credit analysis, risk management, or corporate banking.
• Strong understanding of financial statement analysis, accounting principles, and corporate finance.
• Proficiency in financial modeling and sensitivity analysis.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills.
• Familiarity with credit rating methodologies and regulatory frameworks.
• Ability to manage a diverse portfolio of corporate clients and prioritize effectively.

Benefits

Our client offers a competitive annual salary, performance-based incentives, comprehensive medical and retirement benefits, and ample opportunities for professional development and career progression within the **Richards Bay, KwaZulu-Natal** region. You will be part of a dynamic team, contributing significantly to the financial health of the bank while enjoying a supportive and flexible work environment.