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