Senior Credit Analyst

What will you do?

Analyse credit data to estimate degree of risk involved in extending credit or lending money to firms or individuals, within restricted limits. Contacts banks, trade and credit associations, salespeople and others to obtain credit information. Study economic trends in firm's industry or branch of industry to predict probable success of new customer. Maintains database of customer credit histories. Consults with management to assist in corporate planning. Preparation and presentation of credit applications, to Credit committees.Analyse credit data to estimate degree of risk involved in extending credit or lending money to firms or individuals, within restricted limits. Contacts banks, trade and credit associations, salespeople and others to obtain credit information. Study economic trends in firm's industry or branch of industry to predict probable success of new customer. Maintains database of customer credit histories. Consults with management to assist in corporate planning. Preparation and presentation of credit applications, to Credit committees.

What will make you successful in this role?

Responsible for the credit risk management of a portfolio of counterparty exposures: identifying, measuring, monitoring and managing credit risk for all product types on a single obligor, group and portfolio basis:
•    Analyze the creditworthiness of South African borrowers.
•    Maintain up-to-date knowledge of the domestic credit market, industry trends, and economic conditions.
•    Produce research and impart knowledge to the broader business and credit committees on developments in the portfolio.
•    Identification of transaction and business specific risk and introduction of risk mitigation factors on new transactions.
•    Perform comparative analysis amongst industry peers to assess a proposed counterpart’s position relative to its industry peers.
•    Annual, bi-annual, quarterly assessment of credit risk per counterparty in the portfolio.
•    Financial analysis and credit ratings to be accurate and updated as and when new information becomes available, using the suite of models used by SAI.
•    Document analysis in the standard credit application format – information should be accurate, complete, comprehensive and of good quality.
•    Critically and independently making recommendations to the relevant committees.
•    Close consultation with Credit Portfolio Management (“CPM”) to enable CPM to calculate accurate Economic Capital and Risk-adjusted return statistics. 
•    Ongoing monitoring of transactional and credit risk aspects in the portfolio.
•    Always ensure compliance with the Credit Risk Strategy and Policy.

Assist various Risk Departments with the implementation of new transactions:
•    Assist Compliance department where necessary with relevant information related to new account opening procedures.
•    Assist the Legal department where necessary with the finalisation of legal documentation.
•    Assist the Legal Treasury Advisor with information pertaining to Facility Agreements and CSA documentation.

Other:
•    Ongoing monitoring of limits and exposures in the portfolio.
•    Assistance in resolving breaches.
•    Interaction with front office on debt funding initiatives.
•    Maintain credit files (electronic format) of counterparts, in good order.
•    Take responsibility for reporting requirements as allocated from time to time.
 

Qualification and Experience

Knowledge and Skills

Personal Attributes

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping  our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

Our commitment to transformation