The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the clients business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually.
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;
Have a discussion with a Commercial person to understand the requirements of the client;
Review all the documents received Business Application, STCs, company documents, and motivation;
If STCs are amended, ensure legal has reviewed and given the go-ahead;
Obtain the necessary credit bureau reports, trade references, and general research on the internet for the client;
If Audited Financial Statements are received, prepare the necessary ratios on the Credit Report Assessment document;
Visiting of clients as financials may need to be reviewed at the client premises;
Process should be completed within 1 to 2 days, and then review with the GCM;
If the risk is high, AFS and or guarantee is requested once discussed with the GCM;
Ensure the monthly re-vett schedule is completed, and the necessary accounts are reviewed
For Existing Clients:
The same process as new accounts is followed, but adding in the payment history over the last 6 months to a year depending on the payment terms;
Meet with the individual division`s GMs/ Commercial teams weekly to understand what is coming on board and sort out any underlying issues;
Once the account has been approved, create the client accounts on BOS, SAP, or CW inputting all client`s correct information;
Once opened on the system, all documents need to be uploaded to the Risk Share folder;
Prepare internal and external letters notifying everyone of the account being opened;
To ensure filing is up to date with all clients applications and documents;
Ensure POPI is followed;
Carry out the duties of colleagues as requested by Management whilst the colleagues are on leave or during peak periods;
Ensure that you know and adhere to all Company policies and procedures.
The successful candidate will need to be qualified with a degree.
BCom or BTech as well as Credit management 4 or 5
Credit Risk Analyst position available in Gauteng, Johannesburg. This job position was posted by Credit Link Placements. The job has been posted as a premium ad on 2025-02-05 at 13:30:47 in the Logistics category
Click Go Apply to apply online!
You might also like these jobs in the same area.
Apply directly for this position. Please read all instructions carefully.
We do not process job applications; we simply aggregate and display job listings.
More related positions
Cape Town City Centre: Credit Risk Analyst
In this role, you will lead the creation and implementation of credit risk reports, strategies, and models across the consumer credit cycle. You should be passionate about data, technology, and teamwork, with a desire to grow your skills. Collaborating wit
View Job
Credit Risk Analyst
Johannesburg: Credit And Risk Analyst
Requirements : Grade 12, coupled with a Diploma or Batchelors Degree in Finance, Accounting, Business or related field In-Depth knowledge of Credit and Risk and minimum 5 years experience in Credit and Risk Department Knowledge of relevant Legislation: NCA
View Job
Credit And Risk Analyst
Centurion: Credit Risk Analyst
Job & Company Description This role is responsible for evaluating and managing the financial risks associated with lending and credit decisions. Their primary goal is to assess the likelihood that a borrower will repay their debts and to minimize the finan
View Job
Credit Risk Analyst
Centurion: Credit Risk Analyst | Centurion
Are you a detail-oriented professional with a passion for managing credit risk? Join a dynamic team as a Credit Risk Analyst, where you`ll play a vital role in assessing, managing, and monitoring credit exposures within shareholders` portfolios. Key Respon
View Job
Credit Risk Analyst | Centurion
Johannesburg: Credit Risk Analyst
This role is responsible for evaluating and managing the financial risks associated with lending and credit decisions. Their primary goal is to assess the likelihood that a borrower will repay their debts and to minimize the financial risk for the organiza
View Job
Credit Risk Analyst
Stellenbosch: Head Of Credit Risk
Job Description: You, the successful candidate, will be responsible, yet not limited to the following duties: Lead the design and implementation of a comprehensive credit risk management strategy aligned with business objectives and regulatory requirements
View Job
Head Of Credit Risk
Stellenbosch: Head Of Credit Risk
Develop and implement credit risk strategies, policies, and frameworks aligned with company goals and regulations Lead and mentor the credit risk team, fostering innovation and risk awareness Analyse complex data using SQL and statistical tools to uncover
View Job
Head Of Credit Risk
Johannesburg: Credit And Risk Analyst
Job Description: The candidate will be responsible for the following: Analyzing the credit viability of new and existing clients. Providing strategic recommendations through in-depth financial evaluations. Identifying and mitigating potential risk exposure
View Job
Credit And Risk Analyst
Cape Town City Centre: Manager: Credit Risk Monitoring (Cape Town)
MAIN PURPOSE OF THE JOB The purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and repor
View Job
Manager
Polokwane: Regional Head: Credit Risk (Polokwane)
MAIN PURPOSE OF THE JOB Manage Commercial Banking and Transformation credit assessment function within the designated region. Manage and oversee all lending activities and risks associated to credit granting and underlying clients within approved Land Bank
View Job
Regional Head
Centurion: Executive Manager: Credit Risk (Credit Granting)
MAIN PURPOSE OF THE JOB To take full accountability and responsibility for establishing sound credit risk management function in the Bank. Have strategic oversight of the Bank’s credit risk origination, monitoring and management of lending activities. To l
View Job
Executive Manager
Johannesburg: Head Of Risk & Credit (Open To Expat)
Our client is seeking a Head of Risk & Credit to join their team. Responsibilities: LMS reports. Collections vs Sales report. Exchange rate. Legal updates. FD reports. Shared Interest Report. Additional insights data. Decant, write, review and present repo
View Job
Head Of Risk & Credit (Open To Expat)
Centurion: Executive Manager: Credit Risk (Credit Granting) posted by Fempower Personnel
MAIN PURPOSE OF THE JOBTo take full accountability and responsibility for establishing sound credit risk management function in the Bank.Have strategic oversight of the Banks credit risk origination, monitoring and management of lending activities.To lead
View Job
Executive Manager
Johannesburg: Credit Risk Administrator / Fraud Administrator (6-Month Contract) posted by Isilumko Staffing
One of our TOP banking clients are looking for an experienced Banking individual with fraud background to join them as a Fraud Risk Administrator on a 6-month contract.Qualifications and experience:MatricCriminology qualification 3 - 5 years` experience wi
View Job
Credit Risk Administrator / Fraud Administrator (6-Month Contract)
Cape Town: Manager: Credit Risk Monitoring (Cape Town) posted by Fempower Personnel
MAIN PURPOSE OF THE JOBThe purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and report
View Job
Manager
Polokwane: Regional Head: Credit Risk (Polokwane) posted by Fempower Personnel
MAIN PURPOSE OF THE JOBManage Commercial Banking and Transformation credit assessment function within the designated region. Manage and oversee all lending activities and risks associated to credit granting and underlying clients within approved Land Bank
View Job
Regional Head
Midrand: Credit Risk And Data Project Lead posted by Profession Hub
Our client in the risk and credit industry has an opportunity for a Project Manager to focus on a data sharing initiative project for 6-12 months. The initiative is to drive business credit information sharing and in particular credit data related to smal
View Job
Credit Risk And Data Project Lead
Polokwane: Manager: Credit Risk Monitoring (Polokwane) posted by Fempower Personnel
Purpose of the jobThe purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting w
View Job
Manager
Johannesburg: Senior Credit Risk Modelling Business Analyst – Banking – 6 Month Contract posted by Isilumko Staffing
One of the TOP banks is seeking an experienced Senior Credit Risk Modelling Business Analyst to join their JHB team on a 6-month contract. Qualifications and experience:Masters` / Bachelors` degree in Economics / Statistics/ Finance / Mathematics or relate
View Job
Senior Credit Risk Modelling Business Analyst – Banking – 6 Month Contract
Johannesburg: Credit Risk Assesor – 3 Month posted by Isilumko Staffing
Join one of South Africa`s premier banks as a Credit Vetting Specialist!Position: Credit Vetting SpecialistDuration: 3 MonthsLocation: SandtonKey Responsibilities:Conduct thorough credit vetting processes.Utilize credit vetting experience gained from a lea
View Job
Credit Risk Assesor – 3 Month
Johannesburg: Credit Risk Analyst/ Vetting Agent (3-Month Contract) posted by Isilumko Staffing
If you are an experienced Credit Assessment / Vetting Consultant / Premier Banker / Universal Banker that can start immediately on a 3-month contract with one of the upcoming banks at the moment.MUST BE FAIS compliant - RE 5 OR Relevant qualification for B
View Job
Credit Risk Analyst/ Vetting Agent (3-Month Contract)
Johannesburg: Credit Risk Agent 3 Month Contract posted by Isilumko Staffing
One of the leading banks in SA is looking for an individual with credit vetting work experience who worked at one of the top SA banks.3-month periodBasic salary + performance-based commission2-3 Years experienceMust be ITC clear Credit Risk Agent 3 Month C
View Job
Credit Risk Agent 3 Month Contract
Johannesburg: Credit Risk/Vetting (3 Months) posted by Isilumko Staffing
If you are an experienced Credit Assessment / Vetting Consultant / Premier Banker / Universal Banker that can start immediately on a 3-month contract with one of the upcoming banks, we are looking for you.RequirementsMUST BE FAIS compliant - RE 5 OR Releva
View Job
Credit Risk/Vetting (3 Months)
Johannesburg: Manager: Credit Risk posted by Telebest
Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years mana
View Job
Manager
Pretoria: Credit Risk Analyst (Financial) posted by AtripleA recruitment & temps
Credit Risk Analyst (Financial)Location: Pretoria, South AfricaSalary: Market RelatedOur client in the Finance industry is looking for a Credit Risk Analyst.Key responsibilities The Credit Risk Analyst is responsible to support the Credit Risk Management E
View Job
Credit Risk Analyst (Financial)