Credit Specialist

Status Staffing; Cape Town; On-site; ZAR 508,000 - 608,000; Full time

Job summary

Status Staffing in Cape Town area seeks a Credit Specialist with 2–3 years in financial services to review credit applications, analyse financials and monitor loan performance. You will ensure policy alignment, train reviewers, and collaborate with cross-functional teams to improve processes.

Durbanville-based role, permanent, start ASAP. The ideal candidate holds an Honours in Finance/Accounting/Mathematics (CA/ACCA/CIMA preferred) and is proficient in Excel and credit risk software.

Qualifications

• 2-3 years of experience working in the financial services and/or lending industry
• Proficiency in using data analysis tools (e.g., Excel) and credit risk management software
• Honours degree in Finance / Accounting / Mathematics or related
• Preferred: CA(SA)/ACCA/CIMA

Responsibilities

• Review and analyse credit applications from customers to determine their creditworthiness
• Conduct financial analysis for large loans, assessing the creditworthiness of applicants
• Evaluate risk factors associated with each credit application
• Ensure strict adherence to the credit policy and credit processes
• Continuously evaluate and refine the credit granting processes
• Facilitate alignment among reviewers and foster effective communication
• Provide input into monthly reviewer schedules
• Regular catch-up meetings with the Analyst Lead
• Monitoring the performance of existing loans
• Provide input for the monthly credit reporting
• Conduct comprehensive reviews of defaulted loans
• Maintaining training materials and onboarding for reviewers
• Oversee the onboarding process and provide training for new Reviewers
• Stay up-to-date with industry trends and share knowledge
• Contribute to ongoing process improvement initiatives
• Collaborate with cross-functional teams
• Maintain a customer-centric approach while managing credit-related inquiries

Skills

Credit risk analysis

Data analysis

Excel

Education

Honours degree in Finance / Accounting / Mathematics or related

CA(SA)/ACCA/CIMA

Tools

Excel

Credit risk management software

Job description

Credit Specialist

Reference: PC001562-RC-2
Our client based in Durbanville is looking for a Credit Specialist with 2 – 3 years experience in the financial services/ lending industry to join their team.

Duties & Responsibilities

EMPLOYMENT TYPE: Permanent
SECTOR: Finance
BASIC SALARY: R50 000
START DATE: A.S.A.P / Immediate

REQUIREMENTS:

• 2-3 years of experience working in the financial services and/or lending industry
• Proficiency in using data analysis tools (e.g., Excel) and credit risk management software
• Honours degree in Finance / Accounting / Mathematics or related
• Preferred: CA(SA)/ACCA/CIMA

DUTIES:

• Review and analyse credit applications from customers to determine their creditworthiness
• Conduct financial analysis for large loans, assessing the creditworthiness of applicants
• Evaluate risk factors associated with each credit application
• Ensure strict adherence to the credit policy and credit processes
• Continuously evaluate and refine the credit granting processes
• Facilitate alignment among reviewers and foster effective communication
• Provide input into monthly reviewer schedules
• Regular catch-up meetings with the Analyst Lead
• Monitoring the performance of existing loans
• Provide input for the monthly credit reporting
• Conduct comprehensive reviews of defaulted loans
• Ensuring diligent quality monitoring of reviews
• Design and maintain the training induction program
• Oversee the onboarding process and provide training for new Reviewers
• Conduct follow-up training sessions with new Reviewers
• Keep the training manual for new Reviewers up to date
• Offer guidance and mentorship to Loan Analysts
• Contribute to monthly workshops
• Ensure adherence to standards in training sessions
• Manage all administrative aspects related to training
• Stay up-to-date with industry trends and share knowledge
• Contribute to ongoing process improvement initiatives
• Collaborate with cross-functional teams
• Maintain a customer-centric approach while managing credit-related inquiries

HOURS:

• Mon – Fri: 08:00 – 17:00

Should you meet all the requirements, apply on our website at www.statusstaffing.com today. Should you not hear back from us within 10 working days, please consider your application as unsuccessful. We will retain your credentials for future similar roles.

Package & Remuneration

R50 000