Analyst Credit Growth

4 months ago


Port Elizabeth, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary

The purpose of the role to conduct an in‐depth, specialised and quality credit assessment and risk analysis on potential and a Growth Portfolio, to enhance the decision-making process involved in determining the Bank's appetite to extend credit to these clients. Financial analysis, interpretation and capturing of client information (company financial statements) and qualitative data.

Job Description

Risk Management
- Monitor client’s performance on a continuous basis for risk indicators and perform formal reviews at specified time intervals to identify any changes in the client's business or operating environment.
- Monitor adherence of covenants and conditions on a continuous basis and discuss any deviations and possible concerns with Sales team and escalate to Line Management and Credit if necessary.
- Adhere to Absa Risk Management System credit requirements as stipulated in the Absa credit policy. Monitor and report boundary events in terms of the Operational Risk Boundary.
- Identify the need for a meeting between high-risk clients, Credit and Business Support.
- Request updated valuations on properties that serve as security for facilities in line with Absa Credit policies.
- Manage and communicate the risks associated with outstanding securities.
- Pro-actively identify problematic /high-risk clients and advise Credit, accordingly, manage them with a view to provide special input and implement loss preventative measures i.e., EWL Reports.
- Request and manage outstanding Financial Statements as stipulated in the Absa Credit policy.
- Action and manage daily Odex, Referrals, REPL and REPC. Contact clients that are on the referral listing for rectification.

Credit Management
- Explore new, improved, and alternative ways of solutioning client credit requirements.
- Adhere to Bank’s credit policies and procedures and ensure that they are fully complied with and that any policy breaches have been suitably addressed and mitigated.
- Provide bank codes and reports on clients.
- Pro‐actively manage credit risks associated with the portfolio of clients and their related products.

Portfolio Financial and Operational Management
- Issue facility letters to clients after reviews have been compiled and new facilities granted.
- Draft and issue letters of reminder when facilities expire according to policy requirements, for example 30-, 60- and 90-day letters.
- Contribute to the Non‐Interest Income by ensuring recovery of manual fees (e.g., Reviews, valuations) to avoid revenue leakages.
- Spread client's financials on the various Credit Risk Grading models i.e., Agri Model, Public Sector Model, RiskCalc Model and Triad.
- Provide the Default Grading (DG) output from the Credit Risk models.
- Capture all information on the various risk grading models 100% accurately by checking that all the models balance.

Client Solutioning and Customer Service
- Identify cross sell opportunities from analysis of Client's financials, account conduct and industry change and pass on to Relationship Executive/Transactional Banker as a lead.
- Be part of the solution by attending sales best practice sessions with relevant stakeholders, give credit input to mitigate risk on the identified product offering or new acquisition, and monitor progress on the sales funnel, until the lead is converted into a deal.
- Conduct research on the industry in which the portfolio clients operate, to understand the industries overall profitability, industry trends and clients market standing relative to their competitors.

Teamwork and Self Development
- Attend team meetings and contribute fully, including suggestions for ways of improving customer service and meeting targets.
- Develop supportive relationships with colleagues and create a sense of team spirit.
- Communicate concerns or challenges that derive from team interactions in a constructive and positive manner.
- Develop and maintain contacts with Specialists in other areas of Relationship Banking and the Group.
- Keep abreast of regulatory changes through regular training.
- Monitor available L&D courses to develop your own training whilst helping others in the team to develop theirs.
- Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to ABSA's values and vision.

Competencies:

- Planning and organising
- Working with people
- Writing and reporting
- Financial analysis
- Entrepreneurial and commercial thinking
- Persuading and influencing

Minimum Qualifications/Requirements
- Strong computer skills and experience with Microsoft Office, especially Excel.
- Agricultural Cr


  • Senior Credit Advisor

    5 months ago


    Port Elizabeth, South Africa BKB Full time

    The Senior Credit Advisor will be responsible for managing and mitigating credit risk by evaluating and processing credit applications, advising on credit policies, and developing strategies to improve the creditworthiness of clients. This role involves overseeing credit analysts’ responsibilities, maintaining relationships with key stakeholders, and...


  • Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    As a Corporate Credit Specialist with Career-seekers Recruitment Solutions, you will play a crucial role in the financial services sector. Our client is seeking an experienced professional to join their team as a Credit/Risk Analyst.Job SummaryWe are looking for a highly skilled and knowledgeable Credit/Risk Analyst who has dealt with high-net-worth clients....


  • Port Elizabeth, Eastern Cape, South Africa Staff Solutions Recruitment Full time

    Job Title: Senior Credit AccountantJob Description:As a Senior Credit Accountant with Staff Solutions Recruitment, you will play a crucial role in ensuring the smooth operation of our clients' credit control functions.About the Role:This is an excellent opportunity for a seasoned credit professional to join a reputable organization and take on new...


  • Port Elizabeth, Eastern Cape, South Africa Abantu Staffing Solutions Full time

    **Job Title:** Business Intelligence Analyst for Sales GrowthLocation: South AfricaJob DescriptionThe ideal candidate will provide an analytical function for the full marketing division by analyzing data, identifying trends and feeding the information back to the business to make decisions at a corporate level.Receive and analyze forecast and compare to the...


  • Port Elizabeth, Eastern Cape, South Africa On Line Personnel Full time

    About On Line Personnel">We are a leading recruitment agency dedicated to connecting talented individuals with exciting career opportunities.">Job Title: Credit Management Specialist">Location: PE/Gqeberha, South Africa">Salary: R16 500 per month CTC (commensurate with qualification and experience) + commission and incentives">Job Description">As a Credit...

  • Financial Analyst

    3 weeks ago


    Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    We are seeking a qualified Financial Analyst to join our team at Career-seekers Recruitment Solutions.Salary: R25K - R35K per monthAbout the RoleThe successful candidate will be responsible for deal management and preparation, deal execution and presentation, post-deal implementation, and overall input towards credit projects, personal development, and...

  • Relationship Analyst

    1 month ago


    Port Alfred, South Africa FirstRand Full time

    Job Description To support the Business Relationship Manager by analysing credit data to estimate degree of risk in extending credit or lending money in support of a broader client relationship Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it...


  • Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    About the RoleThis is an exciting opportunity to join our team as a Financial Solutions Analyst in Cape Town. We are seeking a highly skilled individual with a CA (SA) or CFA qualification and strong academic results.The successful candidate will be responsible for conducting initial credit, financial, and data analysis, conducting market research, financial...


  • Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    We are seeking a highly skilled Structured Solutions Financial Analyst to join our team at Career-seekers Recruitment Solutions in Cape Town. The ideal candidate will have a CA (SA) or CFA qualification and strong academic results.The successful applicant will be responsible for conducting financial statement analysis, financial modelling, and stakeholder...

  • Marketing Analyst

    3 weeks ago


    Port Elizabeth, South Africa Jobted ZA C2 Full time

    Marketing Analyst Seniority Level: Mid Career (2 - 4 yrs exp)Type: PermanentDuties and Responsibilities: - Analyze data and identify trends for the full marketing division - Compare forecast with sales history to ensure future growth - Provide information to relevant stakeholders on a monthly and quarterly basis - Create and maintain price lists to ensure...


  • Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    Career-seekers Recruitment Solutions, a renowned Internation Financial Services Group providing specialised financial solutions and advisory services to businesses and high net worth individuals in South Africa is seeking to appoint a suitably qualified Expert Financial Solutions Analyst to be based in their Cape Town CBD Offices.Please note that the...


  • Port Elizabeth, Eastern Cape, South Africa beBee Professionals Full time

    About beBee ProfessionalsWe are a leading organization in the field of business analysis, seeking an experienced Business Analyst Manager to join our team in Port Elizabeth.Salary InformationThe estimated salary for this position is $85,000 per annum, considering the seniority level and location. This figure may vary based on individual qualifications and...


  • Port Elizabeth, Eastern Cape, South Africa Growth in Visionaries Marketing Full time

    Job DescriptionAt Growth in Visionaries Marketing, we are seeking a skilled Sales and Revenue Generator to join our team. The ideal candidate will be a self-motivated, target driven individual with excellent customer service skills and the ability to persuade and influence.Key ResponsibilitiesGenerate income and maximise profit from sales and services by...


  • Port Elizabeth, Eastern Cape, South Africa Ingenious personnel Full time

    About the RoleWe are seeking a highly skilled and experienced Debtors Controller to join our team at Ingenious Personnel. As a key member of our financial management team, you will play a crucial role in driving financial growth, improving customer relationships, and minimizing bad debt provisions.Key ResponsibilitiesCollection and Credit Management: Drive...

  • Junior PPC Analyst

    4 months ago


    Port Elizabeth, South Africa Talent Sam Full time

    **About Us**: Our client is dedicated to delivering cutting-edge performance marketing strategies that drive results. As an industry leader in digital advertising, we help clients achieve their marketing goals through innovative and data-driven solutions. Join our dynamic team and contribute to transformative marketing campaigns that make a real...


  • Port Elizabeth, South Africa Standard Bank Group Full time

    Job Description To grow and retain a portfolio of high-value Premium Segment relationships through partnering for growth using an ecosystem mindset to proactively provide a high-end differentiated service with premium solutions that add value. Act as a trusted advisor by developing a deep understanding of client’s business through regular...


  • Port Elizabeth, Eastern Cape, South Africa Neptune Full time

    Are you ready to embark on a challenging career in financial analysis? Do you want to work with clients from diverse industries, driving business growth and success?We are seeking a highly motivated SAICA trainee to join our team as a financial analyst. As a trainee at Neptune, you will have the opportunity to develop your technical skills and expertise in...


  • Port Elizabeth, Eastern Cape, South Africa Career-seekers Recruitment Solutions Full time

    Compensation PackageThe successful candidate can expect a negotiable salary commensurate with experience, reflecting the company's commitment to attracting top talent in the industry.

  • Financial Analyst

    3 weeks ago


    Port Elizabeth, Eastern Cape, South Africa On Line Personnel Full time

    Job Title: Financial Analyst - Accounting ProfessionalDescription:We are seeking a highly skilled and experienced Financial Analyst to join our team at On Line Personnel. The successful candidate will be responsible for managing financial records, analysing financial data, and ensuring the company's financial health.Key Responsibilities:Manage financial...

  • Salesperson

    7 months ago


    Port Elizabeth, South Africa Growth in Visionaries Marketing Full time

    Introduction: We are looking for a self-motivated, target driven salesperson who prioritizes customer service and has the ability to persuade and influence. Description: To generate income and maximise profit from the sales and services by providing excellent customer service. Perform sales activities in order to generate sales Achieve sales budget/targets...