Senior Credit Risk Analyst

About the Role

Our client is seeking an experienced Senior Credit Risk Analyst to join their established financial institution based in Durban. This role is crucial for assessing and managing the creditworthiness of potential borrowers and counter parties, ensuring the institution's loan portfolio remains sound and compliant with regulatory requirements. You will work closely with lending teams, develop risk assessment frameworks, and contribute to the mitigation of credit-related losses.

This position offers a stable career path within the heart of Durban's financial sector, focusing on robust risk management principles.

• Analyze financial statements, credit reports, and market data to evaluate the credit risk of loan applicants and existing exposures.
• Develop, implement, and refine credit scoring models and risk assessment methodologies.
• Monitor portfolio credit quality, identify potential risks, and recommend appropriate risk mitigation strategies.
• Prepare detailed credit reports and present findings and recommendations to credit committees and senior management.
• Ensure compliance with internal credit policies, regulatory guidelines, and industry best practices.
• Collaborate with loan officers and relationship managers to provide credit expertise and support decision-making.

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• At least 5 years of experience in credit risk analysis, lending, or a related banking function.
• Strong understanding of financial statement analysis, risk modeling techniques, and credit metrics.
• Proficiency in statistical software (e.g., SAS, R) and advanced Excel skills.
• Excellent analytical, problem-solving, and communication skills.
• Knowledge of local banking regulations and credit risk management frameworks is essential.

• Competitive salary package with performance-based incentives.
• Comprehensive medical aid and retirement fund contributions.
• Generous annual leave and sick leave benefits.
• Professional development opportunities, including relevant certifications and training.
• Stable and supportive work environment within a reputable financial organization in Durban.