Credit Underwriter

Network Recruitment; Johannesburg; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a seasoned Credit Risk Manager to lead a dynamic team in Johannesburg. This role involves overseeing credit underwriting analysts, conducting in-depth financial assessments, and managing complex portfolios within the global oil marketing division. The ideal candidate will possess a strong background in credit risk, exceptional analytical skills, and the ability to communicate effectively with senior stakeholders. Join a forward-thinking company where your expertise will drive impactful decisions and contribute to a robust credit risk management strategy.

Qualifications

• 8+ years in Credit Risk or Underwriting, preferably in banking or consultancy.
• Strong financial analysis and stakeholder management skills required.

Responsibilities

• Oversee a team of credit underwriting analysts and conduct credit assessments.
• Perform detailed financial analysis and manage portfolio triggers.

Skills

Credit Risk Management

Financial Analysis

Stakeholder Management

Communication Skills

Problem-Solving Skills

Time Management

Analytical Skills

Team Management

Education

Bachelor's Degree in Finance

Postgraduate Qualifications

Relevant Certifications (CA, CFA, CIMA)

Tools

Microsoft Office (Excel, PowerPoint, Access)

VBA

PowerBI

Python

Job description

• Team Management : Oversee a team of credit underwriting analysts, offering day-to-day support and guidance.
• Credit Assessments : Conduct limit and rating setting, as well as re-assessments for a specific portfolio within the global oil marketing division.
• Financial Analysis : Perform detailed financial analysis, including spreading financial data and assessing credit risk appetite.
• Portfolio Management : Take responsibility for more complicated reviews involving asset valuations and financial structures (e.g., investments, loans, assets).
• Monitoring & Reporting : Monitor portfolio triggers, escalate issues as necessary, and report on credit risk performance and sector trends.
• Sovereign & Sector Analysis : Provide in-depth analysis on relevant sovereigns and sectors.
• Macro-economic Analysis : Produce and present macro-economic insights and commentary for the portfolio.
• Cross-functional Reporting : Manage global oil credit risk reporting and communication with senior stakeholders.
• Stakeholder Relations : Build strong relationships with senior management and the commercial credit team.
• Project Involvement : Participate in local and global credit-related projects.

Key Relationships :

• Credit teams (London, New York, Singapore)
• Senior Risk Management teams
• Other Risk functions

Qualifications :

• Bachelors Degree (preferably in finance, risk management, accounting, economics, or business studies).
• Postgraduate qualifications are beneficial.
• Relevant certifications (e.g., Chartered Accountant, Chartered Financial Analyst, Chartered Institute of Management Accountants) are a plus.

Work Experience & Skill Requirements :

• Minimum 8 years of experience in Credit Risk / Credit Underwriting within mining, commodity trading, banking, insurance, or consultancy.
• Financial analysis experience is advantageous.
• Proficiency in coding (e.g., VBA, PowerBI, Python) is a plus.
• Proficient in Microsoft Office (Excel, PowerPoint, Access).
• Strong communication skills, both written and verbal.
• Ability to work independently and as part of a rapidly changing team.
• Exceptional time management and multi-tasking abilities.
• High attention to detail and data accuracy.
• Numerate with strong problem-solving and analytical skills.
• Proactive, committed, and highly motivated.
• Flexible, adaptable, and entrepreneurial with a high level of initiative.