Senior Credit Analyst

Placements24; Klerksdorp; Hybrid; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Health insurance

Retirement benefits

Hybrid work arrangement

Generous annual leave

Job summary

Placements24 in Klerksdorp, North West seeks a Senior Credit Analyst to strengthen our lending division. You will assess corporate borrowers, analyze financial statements, and structure loan facilities with compliant risk controls.

Candidates should have at least 5 years in credit analysis or corporate banking, with strong proficiency in Excel and financial modeling, and solid communication skills for client engagements in a hybrid work model.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 5 years of experience in credit analysis, corporate banking, or a related financial role.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow modeling.

Responsibilities

• Conduct comprehensive financial analysis of corporate borrowers, including financial statements, cash flow projections, and industry analysis.
• Assess credit risk and structure appropriate loan facilities, covenants, and pricing.
• Prepare detailed credit reports and recommendations for loan approval or rejection.
• Monitor existing loan portfolio performance, identifying potential risks and recommending proactive measures.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Engage with clients to gather necessary information and discuss financial performance and credit needs.
• Collaborate with relationship managers and other stakeholders to ensure effective risk management.
• Stay updated on economic conditions and industry trends that may impact credit quality.

Skills

Analytical thinking

Problem-solving

Decision-making

Written communication

Verbal communication

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Excel

Job description

About the Role

Our client, a prominent financial institution based in Klerksdorp, North West , is seeking a seasoned Senior Credit Analyst to bolster their lending division. This role is crucial for assessing the creditworthiness of corporate clients, managing loan portfolios, and mitigating credit risk. The ideal candidate will possess a deep understanding of financial statement analysis, risk assessment methodologies, and regulatory compliance within the banking sector. You will play a key part in evaluating complex credit proposals, structuring loan facilities, and monitoring existing exposures. This is an excellent career opportunity for an experienced credit professional to contribute significantly to a respected financial entity in North West .

Key Responsibilities

• Conduct comprehensive financial analysis of corporate borrowers, including financial statements, cash flow projections, and industry analysis.
• Assess credit risk and structure appropriate loan facilities, covenants, and pricing.
• Prepare detailed credit reports and recommendations for loan approval or rejection.
• Monitor existing loan portfolio performance, identifying potential risks and recommending proactive measures.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Engage with clients to gather necessary information and discuss financial performance and credit needs.
• Collaborate with relationship managers and other stakeholders to ensure effective risk management.
• Stay updated on economic conditions and industry trends that may impact credit quality.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 5 years of experience in credit analysis, corporate banking, or a related financial role.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow modeling.
• Proficiency in credit risk assessment tools and methodologies.
• Knowledge of relevant banking regulations and compliance standards.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills, with the ability to articulate complex credit issues.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Ability to work effectively in a hybrid model, balancing office and remote responsibilities in Klerksdorp, North West .

Benefits

• Competitive salary commensurate with experience.
• Comprehensive health insurance and retirement benefits.
• Opportunities for professional development and industry certifications.
• Hybrid work arrangement for a better work-life balance.
• Generous annual leave and public holiday allocation.
• Access to continuous training programs.
• A supportive and professional working environment in Klerksdorp, North West .