On-Site Credit Analyst — Soweto Region Lending

Placements24; Soweto; On-site; ZAR 360,000 - 540,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Medical aid and retirement fund

Job summary

Placements24 is seeking a diligent Credit Analyst in Soweto, Gauteng, to join the lending team. The role focuses on evaluating borrower creditworthiness, analyzing financial data, and supporting responsible lending within a community bank environment.

You will prepare credit reports, assess collateral, and help ensure the loan portfolio remains sound and profitable while collaborating with loan officers and management on risk-informed decisions.

Qualifications

• Bachelor's degree required in Finance, Accounting, Economics or related field.
• 2-4 years of experience in credit analysis, lending, or related financial role.
• Strong understanding of financial statement analysis and ratio analysis.
• Knowledge of banking regulations and compliance relevant to lending.

Responsibilities

• Analyze financial statements, credit reports, and data to assess credit risk.
• Prepare credit reports and recommend approvals or rejections.
• Evaluate collateral and determine loan values.
• Monitor existing loan performance and identify deterioration risks.
• Ensure compliance with lending policies, procedures and regulatory requirements.
• Maintain organized loan files and documentation.
• Communicate credit decisions to loan officers and clients.
• Stay informed about industry trends and economic conditions.
• Assist in development and refinement of credit policies and procedures.
• Perform portfolio risk assessments.

Skills

Analytical skills

Attention to detail

Problem-solving

Communication skills

Independent work

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Microsoft Excel

Job description

Placements24 is seeking a diligent Credit Analyst in Soweto, Gauteng, to join the lending team. The role focuses on evaluating borrower creditworthiness, analyzing financial data, and supporting responsible lending within a community bank environment.

You will prepare credit reports, assess collateral, and help ensure the loan portfolio remains sound and profitable while collaborating with loan officers and management on risk-informed decisions.