Senior Credit Analyst

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 560,000 - 820,000; Full time

Benefits offered by this job

Competitive salary + annual bonus

Health and retirement benefits

Professional development and certs in?

Remote work option for Nelspruit team

Exposure to diverse credit portfolios

Job summary

Placements24 is seeking a Senior Credit Analyst to join the credit risk team in Nelspruit. The role involves evaluating creditworthiness, analyzing financial statements, and recommending loan terms to support sound lending decisions.

Ideal candidates have 4+ years in credit analysis, solid knowledge of credit risk techniques, and proficiency in Excel and credit analysis software while maintaining strong communication with stakeholders. A remote work option is available for the Nelspruit team.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• Minimum of 4 years of experience in credit analysis, preferably in banking.
• Strong financial statement analysis, ratio analysis, and cash flow forecasting.
• Knowledge of credit risk assessment techniques and lending policies.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in credit analysis software and MS Excel.
• Strong written and verbal communication skills.

Responsibilities

• Conduct thorough financial analysis of businesses and individuals applying for credit facilities.
• Evaluate credit risk, assess collateral, and determine lending limits and terms.
• Prepare detailed credit reports and present recommendations to the credit committee.
• Monitor the performance of existing credit facilities and identify early warning signs of default.
• Maintain knowledge of credit policies, procedures, and relevant regulations.
• Build and maintain relationships with internal stakeholders and clients.
• Assist in developing and refining credit scoring models and policies.

Skills

Financial analysis

Credit principles

Judgment

MS Excel

Education

Bachelor's degree in Finance, Economics, or Accounting

Tools

Credit analysis software

Job description

About the Role

Our client seeks a highly skilled Senior Credit Analyst to join their credit risk team in Nelspruit. This critical role involves assessing the creditworthiness of potential and existing clients, analyzing financial statements, and making recommendations on loan approvals and terms within the banking sector. You will play a key role in managing the credit portfolio and mitigating risk for the institution. The ideal candidate possesses strong financial analysis skills, a deep understanding of credit principles, and excellent judgment, contributing to sound lending decisions from our Nelspruit location.

Key Responsibilities

• Conduct thorough financial analysis of businesses and individuals applying for credit facilities.
• Evaluate credit risk, assess collateral, and determine appropriate lending limits and terms.
• Prepare detailed credit reports and present recommendations to the credit committee.
• Monitor the performance of existing credit facilities and identify potential early warning signs of default.
• Maintain up-to-date knowledge of credit policies, procedures, and relevant regulations.
• Build and maintain strong relationships with internal stakeholders and clients.
• Assist in the development and refinement of credit scoring models and policies.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a related field.
• Minimum of 4 years of experience in credit analysis, preferably within a commercial or retail banking environment.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow forecasting.
• Knowledge of credit risk assessment techniques and lending policies.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in using credit analysis software and MS Excel.
• Strong written and verbal communication skills.

Benefits

• Competitive salary and annual performance bonus.
• Comprehensive health and retirement benefits package.
• Opportunities for professional development and certifications in credit risk management.
• A supportive team environment with the flexibility of a remote work option for our Nelspruit team.
• Exposure to a diverse range of credit portfolios.