Credit Analyst: Mid-corp

**Requisition and Specialist Recruiter Details**
- REQ 138242 - Twanette Coetser
- Closing Date - 4 March 2025
- Cluster and Location
- Total Business Banking and Retail - Credit Value Management
- Johannesburg, Gauteng
- Career Stream
- Credit Management
- Leadership Pipeline
- Manage Self: Professional

**Credit Analyst - Mid Corp**

**Job Purpose**
- We are looking for an experienced Credit Analyst to join our team. In this role you will be required to assess credit risk and conduct the administration of an existing portfolio of clients, as well as assist in the analysis of new to bank clients, ensuring that risk is managed and mitigated in line with the banks credit policy.

**Responsibilities**:

- Assess the credit risk of customers by analysing their financial performance and account conduct. Based on this analysis, provide recommendations on credit requests to mandate holders.
- Use financial ratios and industry benchmarks to evaluate a borrower’s cash flow and ability to repay loans.
- Recommend credit limits for new customers based on the company’s lending policies.
- Achieving Targets and Service Level Agreements:

- Utilize management information systems to measure performance and achieve targets.
- Understand client needs and provide timely guidance and recommendations to support service level agreement standards.
- Share knowledge with client service team members and other stakeholders.
- Develop skills within the team to improve external client satisfaction.
- Building Internal Relationships:

- Attend meetings and collaborate with internal stakeholders to support their strategies.
- Monitor reports, including excess reports, within expected timeframes.
- Identify potential risks and take corrective action to ensure risk compliance.
- Measure compliance and identify risks.
- Make recommendations for achieving compliance using current information and available resources.
- Monitor covenants by obtaining the latest financial information and reporting any breaches.
- Sign off on conditions of approval within required timeframes by verifying the necessary information.
- Gather all required information to verify that security measures are in place.
- Keep abreast of legislation and industry changes that impact your role by reading relevant newsletters, websites, and attending sessions.
- Embracing Company Vision and Values:

- Understand and embrace the Nedbank vision.
- Demonstrate the company’s values through interactions with your team and stakeholders.
- Personal Development:

- Continuously improve your expertise by identifying relevant training courses and career progression opportunities based on feedback from managers.

**Minimum Experience Level**
- Min 3 Years' Credit Analysis experience in assessing creditworthiness of current and prospective clients.
- Min 3 Years' Business Banking experience in evaluating current and prospective clients financial Statements and credit reports to determine their ability to honor debt obligations.

**Preferred Qualification**
- NQF Level 6 or Higher in a Financial Management, Accounting or Analysis-related field

**Technical / Professional Knowledge**
- Banking knowledge
- Communication Strategies
- Data analysis
- Governance, Risk and Controls
- Industry trends
- Principles of financial management
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Research methodology
- Business Acumen
- Behavioural Competencies
- Coaching
- Communication
- Continuous Learning
- Collaborating
- Work Standards
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_