Credit Analyst

9 hours ago

Durban, South Africa Precision Placements Full time

**CORE PURPOSE OF THE JOB**
To provide for the preparation of Credit proposals required by the Executive Credit Committee, encompassing the analysis of clients’ financial position in order to determine whether or not Finance can be extended for assets and/or trade.

**MAIN FUNCTIONS OF THE JOB INCLUDE**:
**_Credit Proposals_**
- Analysis of financial statements and management accounts in order to assess financial performance of applicants as well as guarantor entities which includes preparation of Income Statement, Balance sheet spread and consolidation of Information where applicable
- Analysis of Value Added Tax (VAT) returns and book debts
- Research market trends, perform qualitative reviews, Corporate ratings and determines affordability of repayments
- Obtains information on clients’ background, nature of business, location, Management, customer and supplier information
- Requests Kreditin form report to determine clients Credit history, bank reports and security confirmations if it is related to a trade client
- Creates a SWOT analysis in order to identify risks associated with clients thus highlights the banks awareness to potential hazards
- Summarises detailed needs and requirements of clients and comments on utilisation
- Prepares and updates detailed manual exposure report for Group in terms of security by ensuring securities are correctly loaded, financials are updated, qualitative review status is updated, valuations are up to date and follows up on arrears if applicable
- Prepares information sheet and requests Trust reviews from Legal department
- Identifies risks with respect to client and/or Industry and mitigating factors
- Responds to queries made by Management Credit Committee (MCC), Executive Credit Committee (ECC), Board Credit Committee (BCC) and Board of Directors (BOD) relating to the proposal as and when required
- Prepares Executive summarises for Board Credit Committee (BCC) and Board of Directors (BOD) submissions
- Value added / innovation / risk assessment incorporated in credit reports

**_Administration_**
- Ensuring all information is captured on the Technical Support Log accurately and timeously
- Liaising with clients (request of information/providing feedback when necessary/administrative assistance/liaison with suppliers)
- Timeous completion and completeness of deal file handover

**_Risk Management_**
- Other Conditions
- regularly follow up on all outstanding conditions and ensure timeous receipt thereof
- Following up on covenant requirements with clients; including Book debts submission to Credit and updating covenant schedule on Sharepoint, with comments where necessary
- FICA - Obtaining updated/new FICA documentation for clients where necessary
- EDD- Ensuring EDD is performed within due date.
- Trade Review Management
- Ensuring facility letters are sent 3 months prior to expiry and follow ups are made for outstanding info regulary, ensuring that all expired facilities have extensions prior to expiry, ensuring reviews are processed without delay when information is received and communicating facilities that are to be suspended when required.

**_Analysis of Book Debts_**
- Conducts analysis of book debts on a monthly basis for clients, whose cession of book debts are held as security which entails liaising with clients to determine recoverability of book debt balances that are outstanding
- Determines updated book debt security amounts and updates on the system
- Prepares book debt pack schedules which entails security values for each client and risk rating on a monthly basis
- Liaise with clients with regards to book debt queries
- Responds to queries on the analysis raised by the Management Credit Committee (MCC)

**_General_**
- Follows up on financial information required from clients and queries relating to Financial statements, etcetera
- Completion of the necessary checklists
- Ad-hoc requirements from Corporate and Relationship Manager

**QUALIFICATIONS**
- A degree or Relevant Qualifications in Finance / Accounting will be required in order to meet the requirements of the role at the highest level of competence

**PREFERRED EXPERIENCE**
- A minimum of 2-3 years experience in the Finance/ Accounting environment

**Market related salary on offer**

**Education**:

- Diploma (required)

**Experience**:

- Accounting/Finance: 2 years (required)

  • Credit Analyst

    9 hours ago

    Durban, South Africa GP Consult Full time

    KwaZulu Natal, Durban - R 25000 - R 25000 Monthly Cost To Company Credit Analyst - La Lucia - Financial services (property loans) **KEY RESPONSIBILITIES**: - Assess credit worthiness of applicants (mortgage and other credit products) through undertaking detailed risk assessment analysis - Ensure that procedures and decisions comply with credit policy,...

  • Credit Analyst

    2 months ago

    Durban, South Africa Nedbank Full time

    **Requisition and Specialist Recruiter Details** - REQ 137047 - Twanette Coetser- Closing Date - 25 November 2024**Location and Cluster** - Total Business Banking and Retail - Credit Value Management- Durban, Kwazulu Natal- Career Stream- Credit Management - Leadership Pipeline- Manage Self: Professional **Credit Analyst based in Durban** **Job Purpose** -...

  • Credit Reporting Analyst Umhlanga

    7 months ago

    Durban, South Africa Affirmative Portfolios Full time

    CREDIT REPORTING ANALYST - UMHLANGA Finance/Accounting Umhlanga, Durban - KwaZulu Natal Credit Reporting Analyst Our client is looking for a Credit Reporting Analyst to join their team Key Purpose To develop, manage and monitor relevant reporting models, to provide advanced analytical support, to critically analyze and advise the department on data driven...

  • Credit Control Analyst

    3 weeks ago

    Durban, KwaZulu-Natal, South Africa The Individual Touch Full time

    Job OverviewWe are looking for a skilled Credit Control Analyst to join our team. The successful candidate will have experience in credit control, finance, and debt recovery.Main Responsibilities:Capturing of bank statements.Allocation of payments as per remittances/recons.Management of the Debtors Book.Reporting to Management on the debtor's book...

  • Credit Reporting Analyst

    7 months ago

    Durban, South Africa Affirmative Portfolios Full time

    **Finance/Accounting** **Umhlanga, Durban - KwaZulu Natal** ***: **Credit Reporting Analyst** Our client is looking for a Credit Reporting Analyst to join their team **Key Purpose** To develop, manage and monitor relevant reporting models, to provide advanced analytical support, to critically analyze and advise the department on data driven insights and...

  • Financial Analyst for Credit Operations

    3 weeks ago

    Durban, KwaZulu-Natal, South Africa Talented Recruitment Full time

    About the JobTalented Recruitment is seeking a skilled Financial Analyst to manage credit reviews, accounts receivable, and risk assessment. The ideal candidate will have a strong background in finance, excellent analytical skills, and the ability to communicate effectively with clients and stakeholders.ResponsibilitiesEvaluate credit reviews to ensure...

  • BCom Corporate Credit Analyst

    5 months ago

    Durban, South Africa Career-seekers Recruitment Solutions Full time

    Our client, a renowned Internation Financial Services Group providing specialised financial solutions and advisory services to businesses and high net worth individuals in South Africa is URGENTLY seeking to appoint a suitably qualified Corporate Credit Analyst to be based in their Cape Town Southern suburbs Offices.PLEASE NOTE:A Benchmarked CTC Salary of...

  • Credit Analyst

    2 days ago

    Durban, South Africa TLT Appointing Full time

    Company Description About Us: TLT Appointing provides recruitment serves via a team of specialist recruitment consultants in the following areas Finance, HR, IT & Telecommunications, Financial Services, Engineering, FMCG & Retail, Consulting & Professional Services, Public Sector, Executive Search **Job Description**: - Ensure that procedures and...

  • Credit Analyst

    8 months ago

    Durban, South Africa TLT Appointing Full time

    Company Description About Us: TLT Appointing provides recruitment serves via a team of specialist recruitment consultants in the following areas Finance, HR, IT & Telecommunications, Financial Services, Engineering, FMCG & Retail, Consulting & Professional Services, Public Sector, Executive Search **Job Description**: - Ensure that procedures and...

  • Accounts Receivable and Credit Controller

    3 weeks ago

    Durban, KwaZulu-Natal, South Africa Talented Recruitment Full time

    Job DescriptionWe are looking for a skilled Financial Analyst to join our team at Talented Recruitment. As a key member of our credit operations department, you will be responsible for managing the evaluation of credit reviews, ensuring timely collections, and maintaining accurate financial records.About the RoleThis is a challenging and rewarding...

  • Credit Analyst

    1 week ago

    Durban, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: ERP Team are the key enablers to all Financial Systems within WesBank. We deliver technology solutions that help drive transformation, improve productivity, streamline business operations and are always on the cutting edge of latest technologies in the Oracle market. **purpose**: **experience...

  • Credit and Risk Management Specialist

    3 weeks ago

    Durban, KwaZulu-Natal, South Africa Talented Recruitment Full time

    Job OverviewWe are seeking a highly skilled Financial Analyst to join our team at Talented Recruitment. As a key member of our credit operations department, you will be responsible for managing the evaluation of credit reviews, ensuring timely collections, and maintaining accurate financial records.About the RoleThis is a challenging and rewarding...

  • Credit Analyst-1

    7 months ago

    Durban, South Africa FirstRand Full time

    Job Description To analyse credit data to estimate degree of risk in extending credit or lending money Consults with management to assist in corporate planning - Credit and financial assessments of commercial business customers - Adhere to negotiated service levels and turnaround times in support of business strategy. - Presenting credit submissions at...

  • Credit Analyst

    9 hours ago

    Durban, South Africa TLT Appointing Full time

    Company Description About Us: TLT Appointing provides recruitment serves via a team of specialist recruitment consultants in the following areas Finance, HR, IT & Telecommunications, Financial Services, Engineering, FMCG & Retail, Consulting & Professional Services, Public Sector, Executive Search **Job Description**: Ensure that procedures and decisions...

  • Strategic Credit Risk Professional

    1 month ago

    Durban, KwaZulu-Natal, South Africa Career-seekers Recruitment Solutions Full time

    At Career-seekers Recruitment Solutions, we are urgently seeking a suitably qualified and experienced Commercial Credit Analyst to join our esteemed team.A benchmarked salary of R30K - R40K per month is on offer for this exciting opportunity.Job Description:The successful candidate will be responsible for assessing the financial health, profitability,...

  • Credit Analyst

    7 months ago

    Durban, South Africa Armstrong Appointments Full time

    Durban, Kwa Zulu Natal - Posted 6 hours ago **Main job function** **CORE PURPOSE OF THE JOB** **MAIN FUNCTIONS OF THE JOB INCLUDE**: - Senior Management Credit Committee / Management Credit Committee - Vetting of Applications & Review of valuation templates - Process, extract and analyze information from the Credit Lens System with the focus being to...

  • Senior Credit and Accounts Receivable Analyst

    2 weeks ago

    Durban, KwaZulu-Natal, South Africa Talented Recruitment Full time

    Job Title: Senior Credit and Accounts Receivable Analyst - Risk Management Specialist">About Us: Talented Recruitment is a leading recruitment agency dedicated to providing top talent solutions to businesses across various industries. We are committed to delivering exceptional service and exceeding client expectations.">Job Description:">We are seeking an...

  • Credit Risk Analyst

    1 week ago

    Durban, South Africa Grindrod Bank Limited Full time

    Overseeing Risk Data Aggregation and Risk Reporting implementation and monitoring; - Creating and Maintaining Risk Definitions and Communications; - Implementing Risk Documentation and Management in User Departments; - Monitoring Risk Management practices and facilitating simulation exercises; - Managing and providing oversight on Business Projects; -...

  • Financial Analyst

    3 weeks ago

    Durban, KwaZulu-Natal, South Africa Career-seekers Recruitment Solutions Full time

    Job SummaryWe are seeking a skilled Financial Analyst to join our team in Cape Town. The successful candidate will be responsible for reviewing financial statements, assessing creditworthiness, and making recommendations for extending credit to corporate clients.The ideal candidate will have a BCom degree in Finance and/or Mathematics, Accounting as a...

  • Credit Reporting Analyst

    7 months ago

    Durban, South Africa TLT Appointing Full time

    **Company Description** About Us: TLT Appointing provides recruitment serves via a team of specialist recruitment consultants in the following areas Finance, HR, IT & Telecommunications, Financial Services, Engineering, FMCG & Retail, Consulting & Professional Services, Public Sector, Executive Search **Job Description** Key Purpose** To develop, manage and...