Credit Risk Analyst / Manager

Bank Of China Limited Johannesburg Branch; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading financial institution in South Africa is seeking an entry-level Credit Risk Analyst to support the credit and trade finance business products. Responsibilities include managing risk assessments, financial analysis, and monitoring credit reports. The ideal candidate has 2-3 years of experience in banking, proficiency in MS Office, and a strong understanding of credit products. Join us to enhance business strategies and support various credit products across industries.

Qualifications

• 2-3 years credit experience for Credit Risk Analyst.
• 5-10 years credit experience for Credit Risk Manager.
• Proficiency in MS Office, especially Excel and Word.

Responsibilities

• Provide credit and trade finance business products.
• Assist with financial analysis and industry risk assessments.
• Lead recovery processes for non-performing loans.

Skills

Credit analysis

Risk assessment

Financial analysis

MS Office proficiency

Job description

Key Responsibilities

• To pursue the branch's growth strategy by providing credit and trade finance business products on a bilateral and syndicated basis.
• Assist the team with financial analysis, assessment of cash flows, industry risk assessments and due diligence report (credit risk reports) based on specific credit applications from client-facing business units serving clients both locally and internationally.
• Reviewing and commenting on post-lending management reports where necessary, processing annual reviews of existing clients, monitoring progress of developments, reporting on bilateral and syndication post-lending requirements and covenants as well as dealing with ad-hoc reporting as required.
• Actively engaging with members of other Credit Review Committees (CRC) locally and at EMEA (London) / Head Office (China), to present risk findings and deal with queries from submission up to when a decision is finalised.
• Promote and enhance strategies for credit business development, green finance and other risk-related areas outlined in branch policies.
• Lead the process on high-risk and non-performing loan recovery accounts to ensure consistent progress on account repayments and collections for those accounts that are handed over.
• Monitor watch-list accounts and ensure risk reports are submitted to Head Office if there are major risk events.
• Work closely with the internal rating process, expected credit loss (ECL) reporting as well as RAROC and EVA calculations within the team, ultimately informing the credit decision process.

Qualifications & Experience

• Credit Risk Analyst : 2 – 3 years credit experience in banking.
• Credit Risk Manager : 5 – 10 years credit experience, preferably with large corporate exposure.
• Experience in dealing with different credit products across various industries, dealing in collateral and understanding of legal documentation across various jurisdictions.
• Able to suggest alternative funding solutions by making recommendations based on credit policy guidelines.
• Proficient in MS Office software packages (Excel and Word).
• Knowledge of the South African Company Act, Bank Act, Basel III, etc.

Seniority Level

Entry level

Employment Type

Full-time

Job Function

Other

Industries

Banking and Financial Services