Credit Analyst at Bidvest Bank

About the position

To assess and process applications for Lending Applications as well as monitor various other collateral functions.

FINANCE

• Support and educate sales people on compiling credit applications
• Continuous improvement of the quality of applications submitted to credit
• Assessing, analyzing and interpreting complication financial information
• Completing loan application forms and submitting to loan committees for approval
• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money
• Work with the credit department to improve processes
• Take ownership of approved facilities, monitor drawdown and availability of facilities
• Prepare reports that include the degree of risk involved in extending credit or lending moneyGenerate financial ratios, using computer programs, to evaluate customers' financial status

CUSTOMER SERVICE
Stakeholder Management

• Build relationships with customers - internal and external.
• Collection of financial information from internal and external clients
• Gathering information about clients
• Determine credit worthiness of applicants
• Evaluate customer records and recommend payment plans based on earnings, savings data, payment history and purchase activity
• Consult with customers to resolve complaints and verify financial and credit transactions.
• Build relationships with internal stakeholders by attending meetings and supporting their strategies
• Contribute to external client satisfaction by sharing knowledge and developing skills of client service team members and other [URL Removed] the achievement of SLA standards by understanding client needs; providing guidance and recommendations and responding timeously.

OPERATIONAL EXCELLENCE
Internal Process

• Process and assess Credit Applications - New and reviews
• Manage reviews and drive process
• Assess credit risk and establish credit limits
• Review existing portfolio to ensure alignment with Bank's credit policy and to identify cross-sell opportunities by gathering and analyzing relevant information
• Manage collateral requirements
• Various reporting functions
• Support function to other departments
• General credit administration.
• Helping enhance the quality of credit applications
• Using credit-scoring systems for small credit amounts
• Keeping company credit exposures within set risk bearing limits
• Undertaking risk analysis by developing statistical models
• Complete a thorough, in-depth analysis of new credit requests, credit change requests, renewals and annual relationship reviews.
• Recommend risk rating changes when analysis merits
• Ensure that all credit files are complete, identify any documentation deficiencies, and report to credit administration as needed for timely solutionMaintain a good working knowledge of the Bank's lending policies and procedures and identify exceptions to policy.

Qualifications

BComm degree in Business Management/Finance/Accounting or related field

Experience

3 years within a banking/financial environment with related experience

Skills

• Finance knowledge and ability to read financial statements
• Accounting principles
• Prioritizing
• Problem solving
• Organised
• Professionalism
• Confidentiality
• Assertiveness
• Cost conscious
• Motivated
• Ability to work under pressure
• Integrity
• Vision

Desired Skills:

• Innovative
• Cost Control
• Independent
• Microsoft Word
• Microsoft Excel
• Verbal And Written Communication
• team player
• Finance knowledge
• Ability to read financial statement
• Accounting principals
• Attention to detail
• Accounting principles
• work under pressure