Credit Analyst

South Africa

**Position Description**

**Reporting**: This position reports to Credit Manager.

**Job Objectives**:

- Review and approve business credit transactions within delegated authority.
- Make full project assessments with the potential customers, including visit to customers (business-trips).
- Perform at the highest quality levels and follow Volvo policies and procedures.
- Interact with Dealers, Customers, Volvo Group Business Areas and VFS Sales Department, when needed, to negotiate loan & lease structuring, pricing, and collateral analysis requirements for transactions.
- Closely cooperates with customer and Volvo employees in full & detailed data receipt concerning potential customer and project in general.
- Follow Credit Directives, Policies and guidelines which will minimize risk, manage portfolio delinquency, and improve underwriting quality.
- Secure accurate and timely presentation of the deals on Credit Committees.
- Participate, when required, in review and negotiation of documentation with Customer and Departments of Volvo Group.
- Perform special projects as required by the business and represent Credit in various committees or other cross functional meetings.
- Responsible for deal collateral development.
- Responsible for in-time informing of all respective interested VFS & Volvo Group Departments concerning Credit Committee’s exact decision on each & every project in control.
- Makes the report & keeps constant record in Logbook or similar system of all deals under consideration.

**Qualification & Job Experience**:

- Bachelor’s degree will be beneficial (economics or finance).
- Extensive experience in credit underwriting/analysis of more than 3 years, preferably from a commercial bank or leasing/captive asset-based finance company.
- Good financial understanding.
- Strong business understanding and awareness.

**Key Competencies**:

- Thorough understanding of the business of VFS, the Volvo Group products and the customers / dealers businesses.
- High level of English (oral/written).
- High communication and analytical skills.
- Good team worker, initiative, compliance and results oriented, a self-starter.
- Solid experience in Microsoft Office (especially MS PowerPoint, Excel, etc.).
- Clear AML, FAIS, FICA, FSP and financial screening.

**Volvo Group Southern Africa (Pty) Ltd is an affirmative action, equal employment opportunity employer. We encourage people with disability to apply.**

**About us**

**Who we are and what we believe in**

At **Volvo Financial Services,** we are working together to shape the world we want to live in. As the captive finance arm of the Volvo Group, VFS provides financial services and solutions that meet the needs of our customers’ evolving business. Through our dedication to innovation, we support society in its adoption of sustainable transport and equipment solutions. VFS is headquartered in Greensboro, North Carolina, USA and serves Volvo Group customers and dealers in more than 50 markets.

**Auto req ID**

145514BR

**Organization**

Volvo Financial Services

**State / Province**

Gauteng

**City/Town**

Boksburg

**Employment/Assignment Type**

Regular

**Travel Required (maximum)**

Occasional Travel

**Functional Area**

Commercial Finance

23-Oct-2023