Retail Credit Analyst

Bmw Group; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading company in the automotive sector is seeking a Retail Credit Analyst to assess credit applications, manage dealer relationships, and ensure compliance with credit policies. The role involves financial analysis, risk assessment, and collaboration with various stakeholders to enhance profitability and efficiency.

Qualifications

• 3-5 years of experience in end-to-end credit functions.
• Ability to analyze financial statements and interpret ratios.

Responsibilities

• Perform credit risk assessment and financial analysis on applications.
• Build and maintain relationships with internal and external partners.
• Support automation and process optimization initiatives.

Skills

Credit Management

Communication

Negotiation

Analytical Skills

Attention to Detail

Education

BCom Degree

Credit Qualification

Job description

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Retail Credit Analyst

Purpose: To assess and make decisions on credit applications within prescribed credit policies, procedures, and risk parameters.

1. Facilitate the first release payout process.
2. Focus on dealer relationship management and contribute to the company's overall profitability, in compliance with company policies and internal control systems.
3. Perform the CPU final release function.

Key Accountabilities

1. Perform credit risk assessment and financial analysis on corporate and individual client applications.
2. Adhere to service levels and turnaround times to support business strategies.
3. Evaluate all aspects related to credit risk and derive sound credit decisions.
4. Stay informed about market trends, process updates, and credit policy changes.
5. Maintain an objective and consistent approach to credit assessment.
6. Build and maintain relationships with internal and external business partners.
7. Finalize payout releases and verify mandatory documents.
8. Respond to emails, CIC emails, and handle inbound and outbound calls.
9. Engage in self-development through training programs and on-the-job training.
10. Provide input and recommendations for process improvements and system enhancements.
11. Support automation, efficiencies, and process optimization initiatives.
12. Adhere to internal control systems and contribute to identifying and mitigating process gaps.
13. Perform other tasks as required by management to adapt to environmental changes, business needs, or to protect the company's reputation and financial interests.

Educational Background / Professional Knowledge and Experience / Other Skills

• Credit qualification or BCom degree (or equivalent).
• 3-5 years of experience in end-to-end credit functions.
• Familiarity with standard concepts, practices, and procedures in credit management.
• Understanding of vehicle asset finance and home loans (if applicable).
• Knowledge of NCA / FAIS compliance is advantageous.
• Understanding of asset-based finance, corporate, and home loans.
• Ability to analyze financial statements and interpret ratios.
• Excellent verbal and written communication skills.
• Strong administrative skills with attention to detail.
• Persuasion, negotiation, and conflict resolution skills.
• Ability to work under pressure and meet deadlines.
• Knowledge of relevant legislation such as NCA, FICA, FAIS, etc.