Senior Credit Analyst

Responsible for the credit risk management of a portfolio of counterparty exposures: identifying, measuring, monitoring and managing credit risk for all product types on a single obligor, group and portfolio basis:

• Analyze the creditworthiness of South African borrowers.
• Maintain up-to-date knowledge of the domestic credit market, industry trends, and economic conditions.
• Produce research and impart knowledge to the broader business and credit committees on developments in the portfolio.
• Identification of transaction and business specific risk and introduction of risk mitigation factors on new transactions.
• Perform comparative analysis amongst industry peers to assess a proposed counterpart’s position relative to its industry peers.
• Annual, bi-annual, quarterly assessment of credit risk per counterparty in the portfolio.
• Financial analysis and credit ratings to be accurate and updated as and when new information becomes available, using the suite of models used by SAI.
• Document analysis in the standard credit application format – information should be accurate, complete, comprehensive and of good quality.
• Critically and independently making recommendations to the relevant committees.
• Close consultation with Credit Portfolio Management (“CPM”) to enable CPM to calculate accurate Economic Capital and Risk-adjusted return statistics.
• Ongoing monitoring of transactional and credit risk aspects in the portfolio.
• Always ensure compliance with the Credit Risk Strategy and Policy.

Assist various Risk Departments with the implementation of new transactions:

• Assist Compliance department where necessary with relevant information related to new account opening procedures.
• Assist the Legal department where necessary with the finalisation of legal documentation.
• Assist the Legal Treasury Advisor with information pertaining to Facility Agreements and CSA documentation.

Other:

• Ongoing monitoring of limits and exposures in the portfolio.
• Assistance in resolving breaches.
• Interaction with front office on debt funding initiatives.
• Maintain credit files (electronic format) of counterparts, in good order.
• Take responsibility for reporting requirements as allocated from time to time.

Qualification and Experience

• Commerce Degree with minimum of 6 - 8 years of experience
• Post Graduate Qualifications, CFA, CA(SA), FRM and or equivalent
• Previous exposure to credit processes and procedures essential
• Analytical and numerical skills: ability to analyse financial statements and quantify financial risks
• Ability to produce written reports to highlight financial matters of importance
• Ability to present credit applications, with confidence, to the Sub-Credit or similar committees
• General knowledge of business, industry and the macroeconomic environment and financial markets
• Experience of commercial law principles and ability to assist with the documentary process (with legal assistance)
• Good presentation skills
• Strong organising and planning abilities
• Computer literacy: proficiency in Word and Excel
• Ability to interface seamlessly with other team members, both of credit as well as the front office teams

Knowledge and Skills

• Competitor Analysis
• Rank companies within industry based on credit ratings
• Written reports for lending decisions
• Recommendations and presentation of results
• Financial modelling