Senior Credit Analyst

Placements24; LegKraal Gate; Hybrid; ZAR 700,000 - 1,000,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund contributions

Professional development

Hybrid work

Diverse client exposure

Annual leave

Job summary

Placements24 in Mahikeng, North West, is seeking a Senior Credit Analyst to join its lending division. You will assess creditworthiness of commercial clients, structure loan facilities, and manage credit risk in the portfolio.

The role combines in-office analysis with remote flexibility in a hybrid work model. The ideal candidate has 4+ years in credit analysis, strong financial statement analysis, and excellent communication skills.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting or related field.
• Strong analytical, problem-solving and decision-making abilities.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze financial statements, cash flow projections and business plans of clients.
• Assess credit risk and determine lending limits and terms.
• Prepare detailed credit reports and recommendations for loan committees.
• Monitor financial health of borrowers and identify areas of concern.
• Structure loan facilities, including covenants and collateral requirements.
• Ensure compliance with credit policies and regulatory guidelines.
• Maintain knowledge of industry trends and economic factors affecting risk.
• Develop and maintain relationships with clients and internal stakeholders.
• Contribute to improvements of credit assessment processes.

Skills

Analytical skills

Communication skills

Problem-solving

Decision-making

Education

Bachelor's degree in Finance, Economics, Accounting

Job description

About the Role

Our client, a growing commercial bank, is seeking an experienced Senior Credit Analyst to join their lending division. This hybrid role, based in Mahikeng, North West, offers a balanced approach to work, combining in-office analysis with remote flexibility. You will be responsible for assessing the creditworthiness of commercial clients, structuring loan facilities, and managing credit risk within the portfolio. The ideal candidate possesses strong financial analysis skills, a deep understanding of credit principles, and the ability to make sound lending decisions. This is an excellent opportunity to advance your career in credit risk management within a reputable financial institution serving the Mahikeng, North West region.

Key Responsibilities

• Analyze financial statements, cash flow projections, and business plans of prospective and existing clients.
• Assess credit risk and determine appropriate lending limits and terms.
• Prepare detailed credit reports and recommendations for loan committees.
• Monitor the financial health of existing borrowers and identify potential areas of concern.
• Structure loan facilities, including covenants and collateral requirements.
• Ensure compliance with the bank's credit policies and regulatory guidelines.
• Maintain up-to-date knowledge of industry trends and economic factors affecting credit risk.
• Develop and maintain strong relationships with clients and internal stakeholders.
• Contribute to the continuous improvement of credit assessment processes.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 4 years of experience in credit analysis, commercial lending, or corporate finance.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow modeling.
• Knowledge of various loan products and credit structures.
• Familiarity with credit risk assessment tools and methodologies.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication abilities.
• Ability to work effectively in a hybrid model from our Mahikeng, North West office.

Benefits

• Competitive salary and performance-based bonus.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional development and training.
• Hybrid work arrangement providing flexibility.
• Exposure to a diverse range of commercial clients.
• Supportive and professional work environment.
• Convenient location in Mahikeng, North West.
• Generous annual leave.