Senior Credit Analyst

Placements24

Welkom

On-site

ZAR 600,000 - 900,000

Full time

3 days ago

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Benefits offered by this job

Competitive salary

Annual bonus

Medical/dental/vision coverage

Retirement plan

Professional development

Stable environment Welkom

Job summary

Placements24 in Welkom is seeking a Senior Credit Analyst to join our established financial services team. You will assess borrower creditworthiness, analyze financial statements, and contribute to risk management across loan portfolios.

The ideal candidate holds a finance- or economics-related degree with 5+ years in credit analysis, underwriting, or risk. Proficiency in Excel, credit software, and staying up to date with banking regulations is essential.

Qualifications

Bachelor's degree in Finance, Economics, Business Administration, or a related field.
Minimum of 5 years of experience in credit analysis, loan underwriting, or risk management.
Strong understanding of financial statement analysis, cash flow forecasting, and risk assessment techniques.
Proficiency in using credit analysis software and Microsoft Excel.
Excellent analytical, written, and verbal communication skills.
Knowledge of relevant banking regulations and compliance requirements is essential.

Responsibilities

Conduct thorough credit analysis for new loan applications, assessing risk and financial viability.
Monitor and manage a portfolio of existing loans, identifying potential risks and covenant breaches.
Prepare detailed credit reports and recommendations for loan approval or rejection.
Develop and maintain financial models to forecast credit losses and portfolio performance.
Stay abreast of industry trends, regulatory changes, and economic conditions impacting credit risk.
Collaborate with relationship managers to structure loan terms and conditions appropriately.

Skills

Credit analysis

Financial statement analysis

Cash flow forecasting

Risk assessment

Excel

Regulatory knowledge

Communication skills

Loan underwriting

Education

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

Tools

Credit analysis software

Job description

About the Role

Our client in Welkom is actively seeking a highly experienced Senior Credit Analyst to join their established financial services team. This role is critical in assessing the creditworthiness of potential borrowers and managing existing credit portfolios to mitigate risk. You will work within a dedicated credit risk department, analyzing financial statements, market conditions, and industry trends to make informed lending decisions. This is a fantastic opportunity for a meticulous and insightful credit professional to contribute to the financial stability and growth of a leading institution in the Free State .

Key Responsibilities

Conduct thorough credit analysis for new loan applications, assessing risk and financial viability.
Monitor and manage a portfolio of existing loans, identifying potential risks and covenant breaches.
Prepare detailed credit reports and recommendations for loan approval or rejection.
Develop and maintain financial models to forecast credit losses and portfolio performance.
Stay abreast of industry trends, regulatory changes, and economic conditions impacting credit risk.
Collaborate with relationship managers to structure loan terms and conditions appropriately.

Requirements

Bachelor's degree in Finance, Economics, Business Administration, or a related field.
Minimum of 5 years of experience in credit analysis, loan underwriting, or risk management.
Strong understanding of financial statement analysis, cash flow forecasting, and risk assessment techniques.
Proficiency in using credit analysis software and Microsoft Excel.
Excellent analytical, written, and verbal communication skills.
Knowledge of relevant banking regulations and compliance requirements is essential.

Benefits