Credit Analyst

About the Role:

We are looking for a Credit Analyst who will be responsible for analyzing the performance of customers and give solutions and assess the creditworthy of the customers  to reduce the default rate. To ensure success as a credit Analyst, you should have a good eye for detail. You should demonstrate sound judgement, strong analytical skills and negotiations skills. Ultimately, a top-class credit Analyst can maximize company profits by efficiently managing its debts.

Job Description

• Analyze and assess the financial statements and credit history of existing and potential clients.
• Handle questions or complaints.
• Review credit applications and perform credit checks.
• Structure deals and perform risk assessments.
• Ability to make informed decisions backed by sound assessment.
• Consult and negotiate with clients regarding financial transactions, payment terms, and credit limits.
• Ability to handle multiple projects and submit applications on time.
• Understanding of business, economic, and industry risk.
• Financial forecasting.
• Keep abreast of financial news and trends.
• Practice due diligence.
• Alert superiors of debtors unwilling or unable to pay when necessary.
• Ensure credit limits are adhered to as per regulations existing at the time.
• Proactive monitoring of the credit portfolio to ensure early detection of problem credits.
• Provide and analyze financial information for use in the preparation of credit reports
• Assist in the financial evaluation of new business/projects and provide a guide on market risk.
• Counter check that interest rates are correctly applied on all Credit facilities
• Consulting with the collections departments on incorporating suggestions and necessary changes as observed in customer loan repayment history
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Qualification

• Bachelor’s degree in finance, accounting, or other business-related fields
• 2+ years of strong quantitative experience
• Must have relevant experience in debt collection management.
• Excellent verbal communication and active listening skills.
• Problem-solving skills.
• Persistent & goal-oriented.
• Excellent organizational, analytical, and time-management skills.
• Attention to detail
• Prior experience in financial industry is a plus 
• Impeccable understanding of financial literacy - statements, ratios, and concepts