Credit Risk Analyst

About the Role

Our client seeks a vigilant and insightful Credit Risk Analyst to join their established operations in Tembisa . This role is critical in assessing and managing credit exposures, ensuring the financial health and stability of the organization's lending portfolio. You will be responsible for developing and implementing robust credit risk assessment frameworks, analyzing financial data of prospective and existing clients, and providing recommendations to mitigate potential risks. This is an excellent opportunity for a meticulous professional in the banking and finance field to contribute to sound risk management practices in a bustling economic hub.

Key Responsibilities

• Analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individual and corporate borrowers.
• Develop, implement, and monitor credit risk models and scoring systems.
• Prepare detailed credit risk assessment reports and present findings and recommendations to the credit committee.
• Monitor the existing loan portfolio for signs of deteriorating credit quality and recommend appropriate actions.
• Ensure compliance with internal credit policies and relevant regulatory requirements.
• Collaborate with relationship managers to understand client needs and structure appropriate credit facilities.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Proven experience (3-5 years) in credit analysis, risk management, or a related role within the financial services industry .
• Strong understanding of credit risk principles, financial statement analysis, and regulatory frameworks.
• Proficiency in data analysis tools and statistical software (e.g., Excel, SAS, R) is highly desirable.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong written and verbal communication skills, with the ability to articulate complex risk concepts effectively.

Benefits

• Competitive salary and potential for performance-based bonuses.
• Comprehensive health insurance and retirement savings plan.
• Generous leave allowance and paid time off.
• Professional development opportunities and support for certifications.
• Exposure to diverse financial products and client segments within the banking sector .

#J-18808-Ljbffr