Credit Analyst at FNB South Africa

Job Description

• Analyses credit data to estimate degree of risk in extending credit or lending money and consults with management to assist in corporate planning.
• Understanding of the economic environment, business risks and financial reports with the ability to relate such issues to specific business opportunities and the risk profile of individual clients.
• Identifying transaction specific risks including credit, taxation, accounting and legal.
• Introducing risk mitigating measures as input to structure transactions in line with the risk of philosophy of the Bank.
• General understanding of the RSA Companies Act, Tax, Commercial Law and legal issues relating to security.
• Excellent verbal presentation and report writing skills (reports are presented to the Credit Committee and to the Board of Directors).
• Keeping up to date with news and events that might affect various individual counterparties and portfolios.
• A good understanding of credit grading and credit pricing models.
• Modelling, assessing and advising on industry and company specific
• To assess and evaluate credit facilities (new and/or existing) based on sound credit & financial principles minimizing of risk to the bank.
• Assess and evaluates credit proposals, within delegated limits, whether they meet sound business criteria, and the credit risk falls within acceptable parameters.
• Approve, and recommends appropriate credit facilities including terms and conditions of facilities.
• Industry risk analysis available to identify and understand contextual threats to existing and potential clients.
• Builds relationships with Relationship Managers, Branch Managers and Account analysts to improve quality of business proposals and turnaround time on credit evaluation.
• Any other duties assigned by line management from time to time
• To provide effective value adding risk management to the bank in achieving their asset growth targets, whilst maintaining a quality-lending book, through judicious and effective management.