275 Credit Analyst New Business jobs in South Africa

The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client's business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually.

• Record new account information in the new accounts register within 3 hours of receipt of documents;
• Update new accounts register daily with the progress of the account;
• Have a discussion with a Commercial person to understand the requirements of the client;
• Review all the documents received – Business Application, STCs, company documents, and motivation;
• If STCs are amended, ensure legal has reviewed and given the go-ahead;
• Obtain the necessary credit bureau reports, trade references, and general research on the internet for the client;
• If Audited Financial Statements are received, prepare the necessary ratios on the Credit Report Assessment document;
• Visit clients as financials may need to be reviewed at the client premises;
• Process should be completed within 1 to 2 days, and then review with the GCM;
• If the risk is high, AFS and/or guarantee is requested once discussed with the GCM;
• Ensure the monthly re-vett schedule is completed, and the necessary accounts are reviewed.
• For Existing Clients: The same process as new accounts is followed, but adding in the payment history over the last 6 months to a year depending on the payment terms;
• Meet with the individual division's GM's / Commercial teams weekly to understand what is coming on board and sort out any underlying issues;
• Once the account has been approved, create the client accounts on BOS, SAP, or CW inputting all client's correct information;
• Once opened on the system, all documents need to be uploaded to the Risk Share folder;
• Prepare internal and external letters notifying everyone of the account being opened;
• Ensure filing is up to date with all client's applications and documents;
• Ensure POPI is followed;
• Carry out the duties of colleagues as requested by Management whilst the colleagues are on leave or during peak periods;
• Ensure that you know and adhere to all Company policies and procedures.

The successful candidate will need to be qualified with a degree, BCom or BTech, as well as Credit management 4 or 5.

Credit Risk Analyst
Johannesburg, South Africa – Full-time

At Sourcefin, we make purchase order funding and invoice discounting easy for South Africa’s forgotten SMMEs. As a Credit Risk Analyst, you’ll play a critical role in protecting the business by identifying, assessing, and mitigating risk. From vetting clients and end buyers to reviewing tender documents, your work will ensure every deal is sound, compliant, and aligned to our growth ambitions.

• Conduct credit checks on prospective and existing clients.

• Review and vet client documentation, including bank statements.

• Assess and vet prospective and existing end buyers.

• Support the enhancement of our compliance frameworks and processes.

• Identify, escalate, and mitigate risks to Sourcefin.

• Bachelor’s degree (Risk/Compliance advantageous).

• Experience with credit bureau platforms (advantageous).

• Strong communication skills, both written and verbal.

• Detail-oriented, organised, and able to work under pressure.

• Proficient in MS Office Suite.

• Risk-averse mindset and the ability to work both independently and in a team.

• Fluent in English (additional languages advantageous).

• Impact: Your work directly safeguards the company while enabling SMMEs to grow.

• Growth: Learn from a high-performing, close-knit team and develop your skills.

• Autonomy: You’re trusted to make sound decisions without micromanagement.

• Care: Medical aid contributions, mental health and well-being support via October Health, and subsidised meals from our Olive & Plate deli.

Ready to help us partner for growth?
Apply now and be part of a company where your diligence makes a tangible difference.

Credit Risk Analyst
Johannesburg, South Africa – Full-time

At Sourcefin, we make purchase order funding and invoice discounting easy for South Africa’s forgotten SMMEs. As a Credit Risk Analyst, you’ll play a critical role in protecting the business by identifying, assessing, and mitigating risk. From vetting clients and end buyers to reviewing tender documents, your work will ensure every deal is sound, compliant, and aligned to our growth ambitions.

• Conduct credit checks on prospective and existing clients.

• Review and vet client documentation, including bank statements.

• Assess and vet prospective and existing end buyers.

• Support the enhancement of our compliance frameworks and processes.

• Identify, escalate, and mitigate risks to Sourcefin.

• Bachelor’s degree (Risk/Compliance advantageous).

• Experience with credit bureau platforms (advantageous).

• Strong communication skills, both written and verbal.

• Detail-oriented, organised, and able to work under pressure.

• Proficient in MS Office Suite.

• Risk-averse mindset and the ability to work both independently and in a team.

• Fluent in English (additional languages advantageous).

• Impact: Your work directly safeguards the company while enabling SMMEs to grow.

• Growth: Learn from a high-performing, close-knit team and develop your skills.

• Autonomy: You’re trusted to make sound decisions without micromanagement.

• Care: Medical aid contributions, mental health and well-being support via October Health, and subsidised meals from our Olive & Plate deli.

Ready to help us partner for growth?
Apply now and be part of a company where your diligence makes a tangible difference.

Are you passionate about navigating the complex landscape of financial risk assessment? Do you possess a keen eye for detail and a knack for uncovering potential pitfalls before they arise?

As a Credit Risk Consultant, you will play a pivotal role in analyzing credit data, assessing risk factors, and providing strategic recommendations to mitigate potential financial losses. You'll collaborate with cross-functional teams to develop innovative solutions that enhance our clients' risk management strategies.

Key Responsibilities:

1. Conduct thorough analyses of credit data to identify potential risks and opportunities.
2. Develop predictive models and risk assessment methodologies to optimize credit decision-making processes.
3. Provide actionable insights and recommendations to clients to minimize credit losses and maximize profitability.
4. Stay abreast of industry trends and regulatory changes to ensure compliance and best practices.

1. Bachelor's degree in finance, economics, mathematics, or a related field.
2. Proven experience in credit risk analysis and modelling within the financial services industry.
3. Proficiency in statistical analysis software and programming languages (e.g., SAS, R, Python).
4. Strong analytical skills with a meticulous attention to detail.
5. Excellent communication and interpersonal skills to effectively collaborate with team members and clients.

Apply now!

A Leading Financial Services client requires a Credit Risk Underwriter to be responsible for the processing and underwriting of a range of applications.

Key Responsibilities:

1. Processing and underwriting of New Business and Re-advance applications; SME funding applications and EFT applications.
2. Responsible for full credit assessment.
3. Credit risk underwriting.

Minimum Requirements:

1. Matric / Grade 12.
2. Tertiary Qualification - Advanced Certificates / Diploma in Business/Finance/Accounting.
3. Must have at least 3 years credit underwriting and analysis experience within the financial services industry.
4. Computer skills - CRM systems and MS Office (advanced MS Excel) essential.

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