Credit Analyst

**Credit Risk Assessment**

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Analysis of financial statements and management accounts in order to assess financial performance of applicants as well as guarantor entities.
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Assess and review annual reviews timeously, including researching market trends, to perform qualitative reviews -- Ensure average approval turnaround time of 3 working days.
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Attend to amendments and File Notes and assess risk to any changes within an acceptable timeframe
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Arrange for approval of Credit Proposal timeously.
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Respond to queries made by various committees relating to the proposal as and when required
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Completion and verification of amortization schedules
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Prepares Executive summaries for Board Credit Committee
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Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.

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Credit Admin and Operations*

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Drafting of Offer Letter in respect of new facilities and amended facilities, obtaining Bank signatures on Final Offer Letters) - Turnaround time 1 day from date of approval of Credit
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Instructing attorneys to draw up the necessary security - Turnaround - within 1 day from approval of Credit Comment
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Review of security documents and providing feedback timeously - Turnaround 2 days
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Ensuring continuous follow-ups on pending matters with attorneys
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Attending to cancellations and registration of bonds
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Processing of ITC and DOS
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Ensuring that all necessary Bank fees and legal fees have been passed prior to closure of accounts and ensuring FICA process is followed
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Ensure that all special conditions and security are received and credit file updated accordingly, prior to pay-out
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Hand over of signed security to Credit Admin timeously - Hand over security within the day to Credit Admin
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Ensure Bank fees and Attorney fees are paid
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Arrange for new client/account number to be opened and liaison with the Ops team
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Arrange for system updates iro renewals, variations (master file changes) and any other amendments for existing facilities
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Verify settlement figures to the marketers
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Draft debit orders for repayment of facilities and any amendments to debit orders
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Attending to queries and providing timeous feedback to co-workers and external clients
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Signing off security files - within 1 day of receiving all security.
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Verification of reports done by the Analyst
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Signing documents required to be signed off on behalf of the Bank i.e. guarantees, consents, offer letters etc emanating from Credit (B signatory)
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Sign of payments timeously and provide A signatory with all relevant information to counter approve - Payments to be signed off within half an hour from receipt
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Ensure all facilities that are settled are closed timeously, within 2 days of settlement.
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Ensuring that electronic folder, hardcopy files are in order and that security files are signed off in respect of allocated portfolio.

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Reporting and Moniroring*

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Timeously actioning and signing off diary note (i.e. Repayment Terms, Dividend due dates, Credit requirements e.g. management accounts, portfolio valuations, age analysis)
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Monitoring and update of the Life Cover Policies, Keyman policies which secure the facilities and liaison with insurance brokers, and marketers to ensure that the Bank is adequately insured
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Ensuring that new business is accurate and all security captured correctly
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Ensuring security values for allocated portfolio is correct
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Ensure all codes are captured and verified
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Responsibility for the ongoing management and full credit of an existing portfolio lifecycle of the portfolio including implementation, systems, post-implementation monitoring
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Ensuring covenants are not breached and taking necessary action where there are breaches
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Analysis and Sign Off of management accounts, debtor’s age analysis and any other information that is requested by the Bank on a monthly basis. Within 72 hours from receipt.
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Responsible for ensuring that required reports are completed accurately and timeously, ie reporting to Executive Committee, CLEC, Board and ICRC
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Ad-hoc compilation and verification of reports

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Self Development & Team Work*

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Manage personal development to increase own skills and competencies
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Supporting team objective
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Building the credit brand and reputation

1. Multi-tasking and effective time management.

2. Attention to detail whilst under considerable pressure.

3. Negotiation with difficult parties.

4. Managing relationships at a strategic partner level.

5. Ad-hoc projects.*
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6. Maintain historical records for management information purposes.

**Qualifications**

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BCom accounting/Finance

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Job Specific Requirements*

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Strong analytical and problem solving skills
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Strong communication skills (written and verbal).
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Excellent organizational and time-management skills.
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Ability to prioritize tasks.
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Proficient in Microsoft Office and Excel
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Ethical behavior.
- **3 Years related work expe