Senior Credit Risk Analyst

Placements24; LegKraal Gate; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Medical aid

Provident fund

Professional development

Bonus opportunity

Job summary

Placements24 is seeking a seasoned Senior Credit Risk Analyst in Mahikeng to assess borrower creditworthiness and manage risk exposure. You will develop models, analyze financial statements, and advise on credit decisions in a regional banking context.

The role requires strong analytical skills, experience in banking or lending, and the ability to work with large datasets. Join a growing institution focused on sound lending practices and stability.

Qualifications

• Strong analytical, problem-solving, and decision-making capabilities.
• Proficiency in statistical methods and financial risk modeling.
• Experience with credit risk assessment and loan portfolio management.
• Knowledge of financial regulations and compliance standards.

Responsibilities

• Analyze financial statements, credit reports, and data to assess credit risk.
• Develop, implement, and refine credit scoring models and risk assessment methods.
• Provide expert recommendations on loan applications, limits and terms.
• Monitor credit portfolios and implement proactive risk mitigation strategies.
• Prepare detailed risk reports for senior management and credit committees.
• Collaborate with lending teams on credit-related matters.

Skills

Analytical skills

Problem-solving

Decision-making

Education

Bachelor's degree

Master's degree

Professional designation CFA/PRM

Tools

SAS

R

Python

Job description

About the Role

Our client, a dynamic financial institution, is seeking a seasoned Senior Credit Risk Analyst to join their team in Mahikeng, North West . This role is crucial for assessing the creditworthiness of potential borrowers and managing the credit risk exposure of the organization. You will be responsible for developing and applying sophisticated credit risk models, analyzing financial statements, and providing recommendations on credit decisions. The ideal candidate will possess a strong understanding of credit risk principles, excellent analytical skills, and experience in the banking or lending sector. This is an excellent opportunity to contribute to sound lending practices and financial stability within a growing regional bank.

Key Responsibilities

Analyze financial statements, credit reports, and other relevant data to assess the credit risk of individuals and businesses. Develop, implement, and refine credit scoring models and risk assessment methodologies. Provide expert recommendations on loan applications, credit limits, and terms. Monitor existing credit portfolios for signs of deterioration and implement proactive risk mitigation strategies. Ensure compliance with internal credit policies and external regulatory requirements. Prepare detailed credit risk reports and present findings to senior management and credit committees. Stay updated on industry best practices and emerging trends in credit risk management. Collaborate with lending teams to provide guidance and support on credit-related matters. Conduct portfolio stress testing and scenario analysis to understand potential impacts of adverse economic conditions. Contribute to the development and enhancement of credit risk management systems and tools.

Requirements

Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. A Master's degree or professional designation (e.g., CFA, PRM) is advantageous. A minimum of 6 years of experience in credit risk analysis, lending, or a related financial risk management role. Strong understanding of credit risk assessment techniques, financial analysis, and loan portfolio management. Proficiency in statistical analysis and modeling tools (e.g., SAS, R, Python). Excellent analytical, problem-solving, and decision-making skills. In-depth knowledge of relevant financial regulations and compliance standards. Strong communication and presentation skills, with the ability to articulate complex risk concepts clearly. Experience in working with large datasets and financial databases. Ability to work independently and collaboratively in a team-oriented environment.

Benefits

Our client offers a competitive salary and bonus structure commensurate with experience. The benefits package includes comprehensive medical aid, a provident fund, and opportunities for professional development. The role is based in Mahikeng, North West , offering a stable work environment within a reputable financial institution committed to employee growth and well-being.