Senior Credit Analyst

Placements24; Mossel Bay; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Medical aid

Retirement fund contributions

Generous annual leave

Professional development opportunities

Remote work from Mossel Bay

Job summary

Placements24 is seeking an experienced Senior Credit Analyst to assess creditworthiness, analyze financial statements, and provide informed recommendations on credit applications. This fully remote role is based from Mossel Bay, Western Cape, with collaboration across locations.

Ideal candidates will have 5+ years in credit analysis, strong Excel skills, and a solid understanding of credit risk. CFA or master's degree is a plus, and the role supports professional development and competitive

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Master's degree or CFA is a significant advantage.

Responsibilities

• Conduct thorough credit analysis of corporate and commercial clients, evaluating financial health and collateral.
• Prepare detailed credit memorandums and reports with recommendations on loan approvals and terms.
• Monitor loan portfolios for potential deterioration and model credit risk.

Skills

Credit analysis

Financial statement analysis

Cash flow modeling

Credit risk assessment

Written and verbal communication

Independent remote work

Attention to detail

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or CFA (advantage)

Tools

MS Excel

Credit analysis software

Financial databases

Job description

About the Role

Our client, a well-established financial institution, is seeking an experienced Senior Credit Analyst to join their team, with the flexibility of working remotely from Mossel Bay, Western Cape . This role is critical in assessing the creditworthiness of potential borrowers, analyzing financial statements, and making informed recommendations on credit applications. The ideal candidate will possess strong analytical skills, a thorough understanding of credit risk, and excellent report-writing capabilities. As this is a remote position, candidates must demonstrate self-discipline and the ability to work independently, while collaborating effectively with colleagues and clients across different locations.

Key Responsibilities

• Conduct thorough credit analysis of corporate and commercial clients, evaluating financial health, industry risks, and collateral.
• Prepare detailed credit memorandums and reports with clear recommendations on loan approvals, terms, and conditions.
• Monitor existing loan portfolios, identifying and assessing potential credit deterioration.
• Develop and maintain financial models to forecast credit risk and portfolio performance.
• Ensure compliance with internal credit policies, procedures, and regulatory requirements.
• Communicate effectively with loan officers, relationship managers, and clients regarding credit decisions and requirements.
• Stay updated on economic conditions, industry trends, and regulatory changes affecting credit risk.
• Mentor junior credit analysts and contribute to team development.
• Utilize credit analysis software and other tools to streamline the assessment process.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or relevant professional certification (e.g., CFA) is a significant advantage.
• Minimum of 5 years of progressive experience in credit analysis, risk management, or a similar financial role.
• Proven expertise in financial statement analysis, cash flow modeling, and credit risk assessment.
• Strong understanding of various loan structures, collateral types, and legal documentation.
• Excellent written and verbal communication skills, with the ability to articulate complex analyses concisely.
• Demonstrated ability to work independently and manage a demanding workload in a remote setting.
• Proficiency in MS Excel, financial databases, and credit analysis software.
• Strong attention to detail and commitment to accuracy.
• Familiarity with South African banking regulations is a plus.
• Candidates must be based in or willing to work remotely from Mossel Bay, Western Cape .

Benefits

• Our client offers a competitive salary package commensurate with experience, including potential for performance-based bonuses.
• Comprehensive medical aid, retirement fund contributions, and generous annual leave are provided.
• Access to continuous professional development opportunities, including relevant training and certifications, is available.
• This fully remote role offers exceptional work-life balance and flexibility, allowing employees to work from their preferred location in or around Mossel Bay, Western Cape .
• Additional benefits may include life insurance and disability cover.