Senior Credit Analyst

Findojobs South Africa; Gauteng; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading bank in South Africa is seeking a Senior Credit Analyst. You will be responsible for managing the bank’s advance book portfolio, ensuring compliance with risk regulations, and conducting detailed credit assessments. The ideal candidate will have at least 3 years of lending experience and a relevant bachelor's degree. This position offers a range of benefits including medical aid and retirement options.

Benefits

Medical Aid

Provident Fund

Group Life Cover

Income Disability Cover

Funeral Cover

Training & Development

Qualifications

• Matric with further studies, preferably a Bachelor’s degree.
• At least 3 years’ experience in lending.
• Knowledge of laws and regulations impacting lending, such as the Companies Act.

Responsibilities

• Form part of a credit team managing the bank's advance book portfolio.
• Ensure correctness of security quoted and supporting documentation.
• Provide timely analysis of debtor schedules and management accounts.

Skills

Knowledge of laws and regulations impacting lending

Education

Bachelor’s degree

Job description

The Senior Credit Analyst forms part of a credit team responsible for the effective growth, management, and profitability of the Bank’s advance book portfolio allocated to the team.

Requirements

CREDIT RECOMMENDATION AND APPROVAL

• Personal to holder mandate as communicated in writing by Chief Risk Officer and Head: Credit Risk Management.
• Credit Committee invitee in absence of Credit Manager.
• Ensuring that the risk rating (RM3) and debt service cover ratio (DSCR) calculations, plus all other supporting documentation submitted with a credit proposal, are in order.

CREDIT MAINTENANCE

• Daily exception reports.
• Loan arrear reports.
• Group reports.
• Joint responsibility for correctness of the bank’s collateral, incorporating facility and quotation documentation.
• Limit management and review.
• Risk grading, including capture and checking on RM3 model.
• Ensuring that the correct risk grading is captured across all systems.
• Effective and timely communication.

OPERATIONAL / ADMINISTRATIVE

• Management of turnaround times within service level agreements.
• Ensure accurate and timely provision of information to the Manager: Credit Operations for reporting to regulators, external auditors, finance department, executive, and board.
• Ensure all items on credit system are actioned promptly.
• Ensure correctness of security quoted and receipt of supporting documentation for all proposals submitted on the credit system.
• Provide meaningful recommendations on proposals within the mandate as advised by the Credit Manager.
• Ensure risk-based pricing and adherence to all terms and conditions of sanction.
• Timely receipt and analysis of debtor schedules and management accounts.
• Monitoring of watch list accounts.
• Loan account opening, including correctness of grids and fee recovery.
• Control of forex-linked facilities.
• Preparation of agendas and packs for credit meetings.
• Maintain advances files and adhere to credit file naming conventions.
• Ensure correctness of executive summaries where necessary.
• Perform any other ad-hoc duties assigned by the Head: Credit Risk Management or Credit Manager.

STRATEGIC OBJECTIVES

• As communicated via the Chief Risk Officer and Head: Credit Risk Management.

Academic Knowledge

• Matric with further studies, preferably a Bachelor’s degree.

Work Experience

• At least 3 years’ experience in lending.

Skills / Specialized Know-How

• Knowledge of laws and regulations impacting lending, such as the Companies Act.

All appointments will be made in line with Access Bank’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals living with disabilities. Candidates may disclose their disability information voluntarily. This information will be kept confidential unless legally required to disclose.

Employees who apply and do not hear within 30 days of the closing date may assume their application was unsuccessful. Thank you for applying.

Benefits

• Medical Aid
• Provident Fund
• Group Life Cover
• Income Disability Cover
• Funeral Cover
• Training & Development