Credit Analyst- Head Office - Durban
Al Baraka Bank South Africa · Durban, KwaZulu-Natal
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Start free — we apply for you →MAIN FUNCTUONS OF THE JOB
PRE-VETTING APPLICATIONS
- Review and analyse finance applications within the mandates of Executive Credit Committee ECC, Senior Management Credit Committee SMCC, and Management Credit Committee MCC.
- Assess credit risks, ensure compliance with regulatory and internal policies, and make recommendations for management approval.
- Board Credit Committee BCC Submissions: Prepare and submit applications to the BCC and Board of Directors BOD for approval.
- Compile necessary documentation and ensure all queries are addressed promptly.
- Assess valuations received from branches
- Attendance at EC
PROJECTS
- Involved with credit related projects.
INTERNAL & EXTERNAL AUDITORS
- Coordinate with internal and external auditors, providing necessary information and addressing audit queries promptly.
- Prepare submissions for audits and ensure compliance with audit recommendations.
REPORTING
- Preparation of reports to Board Credit Committee.
- Ensure accuracy and completeness of reports.
- Prepare adhoc reports to respective committees when required
CREDIT AWARENESS TRAINING
- Conduct credit awareness sessions and training for sales and credit staff on amended regulations, internal policies, and procedures.
Requirements
QUALIFICATIONS
- A Bachelor of Commerce degree in Accounting or Finance
EXPERIENCE
- At least 2 years' experience in the Banking industry, specifically with Credit / Accounting experience.
KNOWLEDGE
- Proficient in MS Excel, Word, PowerPoint
- Imal
- PowerBI
- Credit policies and procedures
- National Credit Act
- All Credit related legislation
- Credit risk and financial statement analysis