Credit Analyst

Location: Johannesburg, ZA


Nedbank Recruiting

Job Title 

Credit Analyst  ( Unsecured Lending)

Business Unit 

Card Bank

Requisition Number 


Closing Date 

30 August 2017

Job Purpose

Nedbank Retail is looking for a Credit Analyst to assess credit risk of existing portfolio so that risk is managed and mitigated in line with the banks credit policy.

Job Responsibilities

  • Manage risk by monitoring reports; including excess report; within expected timeframes; identifying potential risks and taking corrective action to ensure risk compliance.
  • Measure compliance; identify risk and make recommendations for achieving compliance by using current information and other resources available.
  • Monitor covenant’s by obtaining latest financial information; measuring compliance and reporting breaches.
  • Sign off conditions of approval within required timeframes by checking the information called for.
  • Verify that security is in place by gathering all required information.
  • Ensure Nedbank Group Rating requirements are met; including Basel; and Moody’s; by reviewing accounts and identifying risks.
  • Review existing portfolio to ensure alignment with bank’s credit policy and to identify cross-sell opportunities by gathering and analysing relevant information.
  • Prepare credit applications and make recommendations based on the findings; within credit parameters.
  • Achieve targets by using management information systems to measure performance.
  • Support the achievement of SLA standards by understanding client needs; providing guidance and recommendations and responding timeously.
  • Contribute to external client satisfaction by sharing knowledge and developing skills of client service team members and other stakeholders.
  • Build relationships with internal stakeholders by attending meetings and supporting their strategies.


  • Grade 12/ Matric Certificate
  • Complted Degree / Diploma :  Finance  or Accounting.


Type of Exposure

  • Capturing data
  • Checking accuracy of reports and records
  • Drafting reports
  • Managing conflict situations
  • Managing customer expectations
  • Comparing two or more sets of information
  • Tracking actuals against targets
  • Working with spread sheets

Minimum Experience 

  • Minimum 3 – 5 years experience as a Credit Analyst working within an unsecured lending Credit Department
  • Minimum 3 years experience of  interpreting Financial Statements

Technical / Professional Knowledge

  • Banking knowledge
  • Banking procedures
  • Business principles
  • Business terms and definitions
  • Data analysis
  • Governance, Risk and Controls
  • Microsoft Office
  • Relevant software and systems knowledge
  • Industry specific knowledge
  • Cluster Specific Operational Knowledge
  • Knowledge of financial markets
  • Nedbank banking systems
  • Nedbank policies and procedures
  • Nedbank products

Behavioural Competencies

  • Adaptability
  • Communication
  • Continuous Learning
  • Contributing to Team Success
  • Decision Making
  • Stress Tolerance
  • Tenacity
  • Managing Work (includes Time Management)


Please contact the Nedbank Recruiting Team at +27 860 555 566

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