Credit Analyst with Mandate

SUMMARY:
Our client, a Durban based financing company requires a Credit Analyst who will be responsible for the assessment, analysis, and decision-making of credit applications within the portfolio. This role ensures that all applications are evaluated in line with credit policy, risk appetite, and governance framework. The analyst will apply sound financial judgment, perform comprehensive risk analysis, and maintain proactive communication with internal teams.

POSITION INFO:
Key Responsibilities:

Credit Assessment:

• Evaluate and analyse financial information for all incoming applications.
• Make independent credit decisions within the delegated approval limit.
• 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.

• 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.

• Competitive salary aligned with experience and approval authority.
• Performance-based incentives.
• Continuous professional development and training opportunities.