Credit Analyst at Rand Merchant Bank

Duties:

The analyst will be responsible for a portfolio of corporate clients typically concentrated in one or two major industries and with the majority based in South Africa.

• Training and upskilling staff on RMB’s credit methodology (both formal and on-the-job training)

  • Creating and updating in-house training material;

  • Attendance at various credit meetings (Credit committees, Credit forums, ORM meetings);

  • Implementing efficiencies to the credit processes;

  • Management of a portfolio of clients across various asset classes.

• Identifying transaction specific risks including credit, taxation, accounting and legal;
• Introducing risk mitigating measures as input to structure transactions in line with the risk philosophy of the Bank;
• General understanding of the RSA Companies Act, Tax, Commercial Law and legal issues relating to Security;
• Excellent 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 effect various individual counterparties and portfolios;
• A good understanding of the Bank’s credit grading and credit pricing models;
• Comprehensive understanding of business risks and the economic environment with the ability to relate such issues to the risk profile of individual credits

Qualifications/Experience

• Minimum Honour’s Degree in Finance/ Accounting
• Studying towards a CFA would be advantageous
• Minimum 2 years’ relevant experience