Senior Credit Analyst

Placements24; Polokwane; On-site; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Bonuses based on performance

Medical aid

Retirement fund

Professional development in banking

Job summary

Placements24 in Polokwane, Limpopo, is seeking a Senior Credit Analyst to join its lending division. You will assess borrower creditworthiness, analyze financial statements, cash flows, and market data to support loan decisions.

The role requires at least five years in credit analysis, strong modeling skills, and knowledge of SA banking regulations. You will prepare credit reports, monitor portfolios, and mentor junior analysts while interacting with clients.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• Minimum 5 years of credit analysis or lending experience.
• Strong financial statement, ratio, and cash flow analysis skills.
• Proficiency in financial modeling and loan structuring.
• Knowledge of SA banking regulations and credit practices.

Responsibilities

• Analyze borrower credit risk from financial statements and cash flows.
• Prepare credit reports and present findings to the credit committee.
• Monitor loan portfolios for deterioration and covenant compliance.
• Develop relationships with clients to understand business needs.
• Ensure adherence to credit policies and regulatory requirements.
• Conduct industry and market research to support assessments.
• Assist in structuring credit facilities to meet client needs.
• Respond to client inquiries on credit matters.
• Mentor junior credit analysts.

Skills

Credit analysis

Financial modeling

Loan structuring

Financial reporting

Communication

Regulatory knowledge

Education

Bachelor's degree in Finance/Economics/Accounting/Business Administration

Tools

Excel

MS Office

Loan origination systems

Job description

About the Role

Our client, a dynamic and growing commercial bank located in Polokwane, Limpopo, is seeking a highly skilled Senior Credit Analyst to join their lending division. This role is integral to the bank's success, focusing on assessing the creditworthiness of potential and existing borrowers across various industries. You will conduct in-depth financial analysis, prepare credit reports, make recommendations on loan applications, and monitor loan portfolios to manage risk effectively. The ideal candidate will possess strong analytical capabilities, a deep understanding of credit principles, and excellent communication skills. Join our team in Polokwane and play a key role in supporting the economic growth of the Limpopo region through sound lending practices.

Key Responsibilities

• Analyze financial statements, cash flow projections, and other relevant data to assess borrower credit risk.


• Prepare comprehensive credit reports and present findings and recommendations to the credit committee.


• Monitor assigned loan portfolio for potential credit deterioration and ensure compliance with loan covenants.


• Develop and maintain strong relationships with clients, understanding their business operations and financial needs.


• Ensure adherence to the bank's credit policies, procedures, and regulatory requirements.


• Conduct industry and market research to support credit assessments.


• Assist in the structuring of credit facilities to meet client needs while mitigating bank risk.


• Respond to client inquiries and provide guidance on credit matters.


• Mentor and guide junior credit analysts.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field.


• Minimum of 5 years of experience in credit analysis, lending, or a related financial role.


• Strong understanding of financial statement analysis, ratio analysis, and cash flow assessment.


• Proficiency in financial modeling and loan structuring.


• Knowledge of relevant South African banking regulations and credit practices.


• Excellent analytical, problem-solving, and decision-making skills.


• Strong written and verbal communication skills, with the ability to present complex information clearly.


• Proficiency in Microsoft Office Suite, particularly Excel.


• Experience with loan origination and management systems is an advantage.


• Attention to detail and commitment to accuracy.

Benefits

• Our client offers a competitive salary, performance-based bonuses, and a comprehensive benefits package including medical aid and a retirement fund.


• This role is based in our Polokwane office and offers opportunities for professional development within the banking sector in Limpopo.


• Join a supportive team and build a rewarding career.