Johannesburg: Credit Risk analyst posted by Credit Link Placements

About the Role

The Credit Risk Analyst role at Credit Link Placements involves assessing and mitigating risk by analyzing clients’ business, financial statements, and management accounts to provide 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.
• Have a discussion with a Commercial person to understand the requirements of the client.
• Review all received documents, including Business Application, STCs, company documents, and motivation.
• If STCs are amended, ensure legal has reviewed and given the go-ahead.
• Obtain necessary credit bureau reports, trade references, and general research on the internet for the client.
• Prepare necessary ratios on the Credit Report Assessment document if Audited Financial Statements are received.
• Visit clients’ premises to review financials as needed.
• Process should be completed within 1 to 2 days, and then review with the GCM.
• If risk is high, request AFS and/or guarantee once discussed with the GCM.
• Ensure monthly re-vett schedule is completed and necessary accounts are reviewed.
• For Existing Clients: follow the same process as new accounts, adding in payment history over the last 6 months to a year depending on payment terms.
• Meet weekly with individual division’s GMs/Commercial teams to understand what is coming on board and sort out any underlying issues.
• Create client accounts on BOS, SAP, or CW, inputting all client’s correct information once opened on the system.
• Upload 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 clients’ applications and documents.
• Carry out duties of colleagues as requested by Management whilst they are on leave or during peak periods.
• Adhere to all Company policies and procedures.

Requirements

• BCom or BTech degree
• Credit management 4 or 5 qualification

Qualifications

• Formal education/certifications: None mentioned in the original job description.