Credit Analyst

7 months ago


Randburg, South Africa FirstRand Full time

Job Description

To analyses credit data to estimate degree of risk in extending credit or lending money

Consults with management to assist in corporate planning

Hello Future Credit Analyst

Welcome to Wesbank, 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 happen.

As part of our talent team in WB Motor Sales Channel - Fairlands, As a member of the WB Moto Sales Channel Hub, you would be expected to fulfil a number of key functions in the support of Motor Sales in the Regions, the Business Development office, and the Automotive Partnerships team. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

- Adhere to negotiated service levels and turnaround times in support of business strategy.
- Ability to effectively prioritise and organise workflow.
- Customer and results driven.
- Make informed credit decisions.
- Build and maintain relationships with internal business partners.
- Responsible for making credit decisions.
- Keep abreast with what’s happening within the marketplace and more specifically with regards to process and credit policy.
- To facilitate and monitor adherence to service guarantee times.
- Resolve any credit issues and process problems/challenges with Payouts and other internal business partners.
- Submissions to The Credit Factory to obtain Optimist spreading of AFS and FR Grading;
- Extracting / compiling BI packs (Motor retail support, i.e. 427, Market Share, Profitability Profile, etc.), floorplan facility utilisation and releases info, etc) and incorporating the summarised info into credit submissions;
- DFS floorplan facility pricing reviews and facilitating signoff;
- Financial analysis and commentary
- Credit-on-Line loading
- ESRA categorisation / reviews
- Month-end and ad hoc reporting and investigations
- Compilation of DFS info for Large Dealer Group reviews
- Preparation of floorplan facility legal agreements and collateral documentation
- Assistance with FICA KYC reviews, including FICA KYC of DFS Suppliers
- Lodging of signed securities with Collateral Management Department.
- Escalate to manager any credit issues with products/processes/ standards.
- Minimum Qualification - Matric
- Preferred Qualification - Degree in Finance, Accounting or any related field
- Experience - 2 to 5 years' experience within the role

You will have access to:

- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate

We can be a match if you are:

- Adaptable and curious
- Analyse complex data sets
- Thrive in a collaborative environment

WesBank respects your privacy and will process the information you have provided to us in accordance with our privacy notice.

This notice highlights what information we collect, why we collect it, how we use it, who we may disclose it to and your rights regarding personal information. Please visit our website to view this notice.

Job Details

Application Closing Date

15/04/24


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