Johannesburg: Junior Credit Analyst posted by Hire Resolve

A leading financial institution is looking for an analytical and detail oriented Junior Credit Analyst to join their team in Gauteng. This is an excellent opportunity for a finance professional to drive sound lending decisions by preparing comprehensive credit proposals, conducting in-depth financial statement analysis, and evaluating the creditworthiness of SME clients. If you have a solid foundation in accounting, a strong understanding of risk mitigation, and a desire to grow within a Shariah-compliant banking environment, we want to hear from you!

Responsibilities:

• Compile detailed credit proposals for the Executive Credit Committee, assessing client financial positions to determine finance eligibility for assets and trade.
• Analyse financial statements, management accounts, and VAT returns to evaluate the performance of applicants and guarantor entities, including the preparation of balance sheet spreads and information consolidation.
• Conduct SWOT and sensitivity analyses to identify potential hazards within specific industries or client profiles and propose necessary mitigating factors.
• Perform qualitative reviews and corporate ratings while researching market trends to determine the affordability of repayments.
• Investigate client backgrounds, management structures, and credit histories via reports like Kreditinform to verify security confirmations and banking status.
• Conduct monthly analysis of book debts held as security, liaising with clients to determine recoverability and updating security values within the system.
• Maintain and update trade review registers and tracking schedules for all revolving asset facilities, ensuring all approval dates and review statuses are current.
• Gather and review FICA documentation for new and existing clients while ensuring all deal files and checklists are accurately maintained.
• Respond to technical queries from various Credit Committees and the Board of Directors regarding submitted proposals and financial analyses.

Requirements:

• Degree or relevant qualification in Finance or Accounting.
• Minimum of 2 to 3 years of experience within a Finance or Accounting environment.
• Proficiency in MS Office.
• Sound knowledge of Credit Policies and Procedures.
• Understanding of Shariah Banking principles.
• Familiarity with general banking policies, products, and services.
• Strong foundational knowledge of Finance and Accounting principles.

Contact Hire Resolve for your next career-changing move.

• Our client is offering a highly competitive salary for this role based on experience.
• Apply for this role today, contact Adrienne Steyn at Hire Resolve on .za or on LinkedIn
• You can also visit the Hire Resolve website: hireresolve.us or email us your CV: .za

We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.