Junior Credit Analyst: Training & Risk Evaluation

Placements24; Gauteng; On-site; ZAR 180,000 - 240,000; Full time

Benefits offered by this job

Competitive starting salary and salary

Health insurance

Retirement savings plan

Paid time off

Support for training and professional证

Job summary

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.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Analytical thinking

Quantitative skills

Communication skills

Teamwork

Problem solving

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Microsoft Excel

Job description

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.