Credit Risk Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Credit Link Placements Full time
Job Title: Credit Risk Analyst

The primary objective of this role is to provide a comprehensive and quality credit risk function by analyzing client business, financial statements, and management accounts to make informed recommendations on new and existing accounts.

Key Responsibilities:
  • Record new account information in the new accounts register within 3 hours of receipt of documents;
  • Update new accounts register daily with the progress of the account;
  • Conduct discussions with Commercial teams to understand client requirements;
  • Review all documents received, including Business Applications, STCs, company documents, and motivation;
  • Ensure legal review and approval for amended STCs;
  • Obtain necessary credit bureau reports, trade references, and general research on the client;
  • Prepare ratios on the Credit Report Assessment document for Audited Financial Statements;
  • Visit clients to review financials at their premises;
  • Complete the process within 1 to 2 days and review with the GCM;
  • Request AFS and/or guarantee for high-risk accounts after discussion with the GCM;
  • Ensure monthly re-vett schedule completion and necessary account reviews;
For Existing Clients:
  • The same process as new accounts is followed, with the addition of payment history over the last 6 months to a year depending on payment terms;
  • Meet with individual division's GMs/Commercial teams weekly to understand upcoming accounts and resolve issues;
  • Once approved, create client accounts on BOS, SAP, or CW, inputting all client information correctly;
  • Upload all documents to the Risk Share folder once opened on the system;
  • Prepare internal and external letters notifying everyone of the account being opened;
  • Ensure filing is up to date with all client applications and documents;
  • Follow POPI guidelines;
  • Carry out duties of colleagues as requested by Management during leave or peak periods;
  • Adhere to all Company policies and procedures.

The successful candidate will require a degree, preferably BCom or BTech, and Credit Management 4 or 5 qualification.



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