Junior Credit Analyst

Watershed Consulting; Centurion; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A reputable banking institution is seeking a Junior Credit Analyst to conduct credit proposals, manage queries, and ensure compliance with banking policies. The ideal candidate will have a relevant degree and at least 5 years of experience in the banking sector, specializing in credit assessment. This role is based in Centurion, South Africa and requires strong analytical and client communication skills.

Qualifications

• Minimum 5 years’ banking experience, with specialization in credit.
• Proven ability to complete activities accurately, within deadlines.
• Strong relationship-building and client communication skills.

Responsibilities

• Conduct needs analysis and financial analysis for credit proposals.
• Process and maintain credit files and respond to queries.
• Monitor clients with overdue accounts and ensure compliance with conditions.

Skills

Financial analysis

Credit assessment

Client communication

Organizational skills

Education

Relevant bachelor’s degree (e.g., BCom, BCom Honours in Banking)

Job description

Job Description

Position: Junior Credit Analyst – Officer: Branch Credit

Location: Centurion, South Africa

Key Responsibilities

• Credit Proposal Preparation
  • Conduct needs analysis, ITC and CIPC vetting, financial analysis, affordability calculations, and industry analysis.
  • Perform qualitative and quantitative research.
  • Ensure all client information is accurate and up to date.
  • Communicate with clients regarding queries or clarifications.
  • Draft detailed write-ups to motivate requests and submit for approval.
• Credit Query Management & Administration
  • Process and maintain credit files and branch memos, including follow-ups for company financials.
  • Manage supporting documentation such as rate clearance certificates, valuation reports, and financial ratings.
  • Respond to queries related to the credit department.
  • Monitor clients in excess of limits or with overdue accounts and ensure approvals/notifications are in place.
  • Ensure compliance with all conditions: insurance policies current, valuations up to date, rate statements accurate, security documents complete and all special conditions met.
  • Manage issuance of guarantees, bank audit confirmations, negotiations, and client queries.
  • Ensure proper record-keeping in line with the bank’s policies.
  • Undertake specific ad-hoc projects/assignments as directed by line manager.

Qualifications, Experience & Attributes

• Relevant bachelor’s degree (e.g., BCom, BCom Honours in Banking).
• Minimum 5 years’ banking experience, with specialization in credit.
• Strong financial analysis and credit assessment skills.
• Proven ability to complete activities accurately, within deadlines, and in compliance with internal processes and procedures.
• Excellent relationship-building and client communication skills.
• Strong organizational skills with high attention to detail.