Senior Credit Analyst

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

Benefits offered by this job

Medical aid

Retirement benefits

Professional development

Job summary

Placements24 is seeking a seasoned Senior Credit Analyst to join the credit risk department in Bloemfontein. You will evaluate borrower creditworthiness, analyze financial statements, and make recommendations on loan applications to safeguard the loan portfolio.

You will monitor loan performance, apply credit policies, and perform industry research to inform credit decisions, contributing to sound lending practices within the bank. Strong analytical skills are essential.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related business field.
• 4-6 years of experience in credit analysis, corporate lending, or similar role in a financial institution.
• Strong ability to analyze financial statements, cash flow, and risk.
• Familiarity with credit scoring models and loan structuring techniques.
• Excellent analytical, problem-solving, and decision-making skills.

Responsibilities

• Analyze financial statements, credit reports, and market data to assess credit risk of borrowers.
• Prepare credit proposals and recommendations for loan approval or rejection.
• Monitor performance of existing loans and the portfolio's credit quality.
• Develop and maintain relationships with clients to gather financial information.
• Ensure compliance with credit policies, procedures, and regulatory requirements.
• Conduct industry research and economic analysis to support decisions.

Skills

Credit risk analysis

Financial statement analysis

Cash flow forecasting

Risk assessment methodologies

Excel proficiency

Credit scoring models

Education

Bachelor's degree in Finance/Economics/Accounting

Tools

Credit management systems

Loan origination systems

Job description

About the Role

Our client is seeking a seasoned Senior Credit Analyst to join their credit risk department in Bloemfontein. In this critical role, you will be responsible for evaluating the creditworthiness of potential borrowers, analyzing financial statements, and making recommendations on loan applications. You will play a key part in managing the institution's credit portfolio, ensuring sound lending practices, and minimizing potential financial losses. This position is ideal for an experienced credit professional with strong analytical skills and a deep understanding of credit risk assessment within the banking sector.

Key Responsibilities

• Analyze financial statements, credit reports, and market data to assess the credit risk of corporate and individual borrowers.
• Prepare detailed credit proposals and recommendations for loan approval or rejection.
• Monitor the performance of existing loans and the credit quality of the portfolio.
• Develop and maintain relationships with clients to gather necessary financial information and understand their business needs.
• Ensure compliance with the bank's credit policies, procedures, and regulatory requirements.
• Conduct industry research and economic analysis to support credit decisions.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related business field.
• A minimum of 4-6 years of experience in credit analysis, corporate lending, or a similar role within a financial institution.
• Strong understanding of financial statement analysis, cash flow forecasting, and risk assessment methodologies.
• Familiarity with credit scoring models and loan structuring techniques.
• Excellent analytical, problem‑solving, and decision‑making skills.
• Proficiency in Microsoft Office Suite, particularly Excel, and experience with loan origination or credit management systems.

Benefits

• Competitive salary commensurate with experience.
• Comprehensive medical aid and retirement benefits.
• Opportunities for professional development and advanced training in credit risk management.
• A stable and supportive work environment located in Bloemfontein.
• Direct impact on the lending decisions and financial health of the institution.