Credit Risk Specialist
4 weeks ago
Job Title: Credit Risk Specialist
Job Type: Full-time
Industry: Financial Services
Job Description:
We are seeking a skilled Credit Risk Specialist to join our team. As a Credit Risk Specialist, you will be responsible for assessing the creditworthiness of clients and making recommendations for credit limits, terms, and conditions.
Key Responsibilities:
- Reviewing financial statements to assess a company's financial health, profitability, liquidity, and leverage.
- Understanding industry dynamics and market trends relevant to clients' businesses.
- Ensuring credit decisions adhere to our credit policies, procedures, and regulatory requirements.
- Making recommendations regarding credit limits, terms, and conditions for extending credit to corporate clients.
- Conducting thorough due diligence on potential clients to assess their creditworthiness accurately.
- Supporting legal approval and implementation of credit requirements.
Requirements:
- A minimum of 2-4 years of working knowledge of credit risk management within the financial services sector.
- Familiarity with the National Credit Act.
- Corporate/commercial credit risk analysis experience, with at least 2 years but preferably 3-6 years in a credit analyst role.
- Clean credit/criminal record.
- A valid unendorsed driver's license (Code 08).
What We Offer:
- A benchmarked CTC salary of R30K - R45K per month.
- The opportunity to work with a renowned National and International Financial Services Group.
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