Junior Credit Analyst - Retail Banking

Placements24; Gauteng; Presencial; ZAR 180.000 - 240.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive starting salary and salary

Health insurance

Retirement savings plan

Paid time off

Support for training and professional证

Descripción de la vacante

Placements24 is seeking a diligent Junior Credit Analyst to join their retail banking division in Tembisa, Gauteng. This entry-level role focuses on evaluating creditworthiness for individuals and small businesses, with extensive training and mentorship provided.

The position requires on-site presence to interact with clients and collaborate with the team. Key responsibilities include assessing credit risk, preparing concise reports, and monitoring portfolios while adhering to credit policies.

Formación

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Strong analytical and quantitative skills with attention to detail.
• Excellent written and verbal communication abilities.
• Proficiency with Microsoft Excel.
• Foundational understanding of financial principles and accounting concepts.
• Ability to work well in a team and under pressure.
• Internship experience in a financial institution is advantageous but not required.

Responsabilidades

• Assess the credit risk of loan applications by analyzing financial statements, credit reports, and other relevant data.
• Prepare clear credit reports with findings and recommendations for loan approval or rejection.
• Monitor existing loan portfolios, identifying potential risks and ensuring compliance with credit policies.
• Assist senior analysts in conducting financial analysis for more complex credit assessments.
• Maintain accurate and up-to-date records of all credit assessments and decisions.
• Communicate with clients and internal stakeholders to gather necessary information and clarify queries.
• Develop an understanding of credit scoring models and lending regulations.
• Support the implementation of new credit policies and procedures.

Conocimientos

Analytical thinking

Quantitative skills

Communication skills

Teamwork

Problem solving

Educación

Bachelor's degree in Finance/Accounting/Economics

Herramientas

Microsoft Excel

Descripción del empleo

About the Role

Our client is actively seeking a diligent and eager Junior Credit Analyst to join their growing retail banking division in Tembisa, Gauteng . This entry-level position is ideal for an individual passionate about finance and risk assessment. The Junior Credit Analyst will play a crucial role in evaluating creditworthiness of individual and small business clients, ensuring the bank's portfolio remains sound and profitable. You will receive extensive training and mentorship from experienced professionals, providing a solid foundation for a career in credit analysis. This role requires on-site presence to facilitate direct client interaction and team collaboration.

Key Responsibilities

• Assess the credit risk of loan applications by analyzing financial statements, credit reports, and other relevant data.
• Prepare clear and concise credit reports, summarizing findings and making recommendations for loan approval or rejection.
• Monitor existing loan portfolios, identifying potential risks and ensuring compliance with credit policies.
• Assist senior analysts in conducting financial analysis for more complex credit assessments.
• Maintain accurate and up-to-date records of all credit assessments and decisions.
• Communicate with clients and internal stakeholders to gather necessary information and clarify queries.
• Develop a strong understanding of credit scoring models and lending regulations.
• Support the implementation of new credit policies and procedures.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related business discipline.
• Strong analytical and quantitative skills, with a keen eye for detail.
• Excellent written and verbal communication abilities.
• Proficiency in Microsoft Office Suite, particularly Excel.
• A foundational understanding of financial principles and basic accounting concepts.
• Ability to work effectively in a team environment and under pressure.
• A proactive approach to learning and problem-solving.
• Prior internship experience in a financial institution is an advantage but not required.

Benefits

• Our client provides a competitive starting salary with regular performance reviews and potential for salary increases.
• Employees are eligible for comprehensive health insurance, a retirement savings plan, and paid time off.
• Opportunities for further training and professional certifications are encouraged and supported.
• This role in Tembisa, Gauteng , is office-based, offering direct engagement with colleagues and clients.