Mandating Credit Analyst
1 week ago
Key Responsibilities:
Credit Assessment:
- Evaluate and analyze financial information (bank statements, management accounts, credit reports, etc.) for all incoming applications.
- Make independent credit decisions within the delegated approval limit of R200,000.
- Identify potential risks, trends, and mitigating factors in each deal.
- Conduct qualitative and quantitative analysis of applicants, contract holders, and suppliers.
- Prepare detailed approval sheets and credit recommendations for higher-level reviews.
- Ensure compliance with company policies.
- Liaise closely with Application Specialists to ensure complete and accurate deal submissions.
- Work collaboratively with Sales and Discounting teams to structure deals appropriately.
- Communicate decisions (approvals, declines, or deferrals) promptly and professionally to relevant stakeholders.
- Maintain updated deal data and supporting documentation in the internal system ).
- Monitor existing exposures for signs of deterioration or heightened risk.
- Participate in portfolio reviews, trend analyses, and supplier risk assessments.
- Identify early warning indicators and assist in implementing corrective or preventative actions.
- Contribute to the enhancement of credit models, policies, and decisioning tools.
Education & Qualifications:
- Matric (Grade 12) essential.
- Diploma or degree in Finance, Accounting, Economics, or Risk Management preferred.
- Minimum 3–5 years experience in credit analysis, underwriting, or risk management within a financial services or asset-based/rental finance environment.
- Proven ability to interpret financial statements and assess SME creditworthiness.
- Familiarity with TransUnion or similar credit bureau systems.
- Advanced proficiency in Microsoft Excel and solid working knowledge of Windows suite.
- Strong analytical skills.
- Understanding of credit, collection agencies, recourse structures, and risk mitigation tools.
- High attention to detail and sound judgment under pressure.
- Excellent written and verbal communication skills.
- Strong analytical and critical-thinking abilities.
- Ability to work independently while collaborating across departments.
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