Lead Credit Analyst

Placements24; Centurion; On-site; ZAR 900,000 - 1,600,000; Full time

Benefits offered by this job

Health insurance

Pension fund

Career advancement

Dynamic Centurion environment

Professional development

Job summary

Placements24 in Centurion seeks a Lead Credit Analyst to manage the credit assessment function, mitigate risk, and shape lending strategies within the Gauteng region. You will lead a team of analysts, set standards, and provide expert risk insights for a robust loan portfolio.

The ideal candidate has a Bachelor’s degree in Finance/Economics/Accounting, at least 7 years in credit analysis or risk management with 2 in a supervisory role, and strong Excel and credit software proficiency.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting or related field.
• Minimum of 7 years in credit analysis, lending or risk management, with 2+ years in a supervisory role.
• Strong knowledge of financial statement analysis, cash flow projections and risk assessment.

Responsibilities

• Lead and mentor a team of credit analysts, overseeing daily operations.
• Conduct thorough credit analysis of complex commercial loan applications.
• Develop and recommend credit structures, terms, and covenants.
• Monitor loan portfolios for risk and compliance.
• Prepare credit memorandums and present recommendations to the credit committee.
• Stay updated on industry trends and regulatory requirements affecting credit risk.

Skills

Leadership

Credit analysis

Financial statement analysis

Excel

Risk assessment

Education

Bachelor's degree in Finance, Economics, Accounting

Tools

Credit analysis software

Microsoft Excel

Job description

About the Role

Our client is seeking an experienced and astute Lead Credit Analyst to manage and direct the credit assessment functions within their bustling Centurion office. This role is critical in evaluating the creditworthiness of potential borrowers and clients, mitigating risk, and ensuring the financial health of the institution's loan portfolio. The successful candidate will lead a team of analysts, set departmental standards, and provide expert insights into credit risk management. You will play a key part in shaping lending strategies and ensuring robust risk frameworks are maintained within the Gauteng region's vibrant business community.

Key Responsibilities

• Lead and mentor a team of credit analysts, overseeing daily operations and workflow.
• Conduct thorough credit analysis of complex commercial loan applications, assessing financial statements, cash flows, and collateral.
• Develop and recommend appropriate credit structures, terms, and covenants.
• Monitor existing loan portfolios for potential risks and compliance issues.
• Prepare detailed credit memorandums and present recommendations to the credit committee.
• Stay updated on industry trends, economic conditions, and regulatory requirements affecting credit risk.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 7 years of experience in credit analysis, lending, or risk management, with at least 2 years in a supervisory or lead role.
• In-depth knowledge of financial statement analysis, cash flow projection, and risk assessment methodologies.
• Experience with various loan types and industries.
• Strong leadership, communication, and decision‑making skills.
• Proficiency in credit analysis software and Microsoft Excel.

Benefits

• Attractive base salary with performance‑related incentives.
• Comprehensive benefits package including health insurance and pension fund.
• Significant opportunities for career advancement within the organization.
• A dynamic and challenging work environment in a prime Centurion location.
• Professional development support and training programs.