Senior Credit Risk Specialist

2 weeks ago


Cape Town, Western Cape, South Africa Career-seekers Recruitment Solutions Full time

Our company, Career-seekers Recruitment Solutions, is seeking a seasoned Credit Risk Analyst to join our team. This role is ideal for a professional with a strong background in financial services and credit risk management.

Award-winning financial services group seeks a talented Credit Risk Analyst to lead the assessment and analysis of credit applications from high-net-worth clients.

  • A benchmarked salary of R30K-R45K per month is on offer.

There are 6 vacancies available:

  • X2 positions in Cape Town
  • X1 position in Pretoria
  • X3 positions in Sandton
Key Competency Requirements
  • A minimum BCom degree in Finance and/or Mathematics, Accounting as a subject(s) is essential.
  • A Post-graduate degree qualification will be a distinct advantage.
  • At least 2-4 years of experience in credit risk management within the financial services sector is ESSENTIAL.
  • Familiarity with the National Credit Act is ESSENTIAL.
  • Corporate/commercial credit risk analysis experience, at least 2 years but preferably 3-6 years in a credit analyst role, is NON-NEGOTIABLE.
  • A clean credit/criminal record is required.
  • A valid unendorsed driver's license (Code 08) is necessary.

Responsibilities

  • Deal management and preparation, deal execution and presentation, post-deal implementation, and overall input towards credit projects, personal development, and client visits.
  • Reviewing financial statements to assess the company's financial health, profitability, liquidity, and leverage.
  • Understanding industry dynamics and market trends relevant to the clients' business is essential, adding value to credit committee presentations and discussions.
  • Ensuring credit decisions adhere to the company's credit policies, procedures, and regulatory requirements.
  • Making recommendations regarding credit limits, terms, and conditions for extending credit to corporate clients based on analysis.
  • Conducting thorough due diligence on potential clients to assess their creditworthiness accurately, which may involve reviewing legal documents, conducting site visits, and obtaining information from third-party sources.
  • Supporting legal approval and implementation of credit requirements.
  • Articulating risk implications of change requests related to previously approved transactions accurately.

Additional Responsibilities

  • The responsibilities outlined above provide a comprehensive overview but are not exhaustive. Additional tasks and responsibilities may be required to fulfill the role's requirements.
Requirements
  • Willingness to relocate is essential.
  • Forward this opportunity to a friend if it's not aligned with your career aspirations.


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