Business (Credit) Analyst
CurrentMy duties in this role include:•Analysing financial statements to assess the creditworthiness of Vehicle Dealerships and completing effective financial analysis of counter party credit risks.•Preparing credit applications and annual reviews in alignment with risk and quality requirements that conform to Standard Bank’s lending policy.•Preparing annual facility reviews of floorplan facilities and taking action to reduce the facility if the client’s financial statements or account conduct is not satisfactory.•Managing a portfolio of counterparty credit risks associated with VAF and identifying cross-selling opportunities by gathering and analysing relevant information.•Managing risk by monitoring reports, including Dealer Conduct Report, within expected timeframes, identifying potential risks and taking corrective action to ensure risk compliance.•Making recommendation about whether to increase, reduce and extend the lending facility limit of a client.•Completing effective financial analysis of counter party credit risks.•Keeping abreast of industry specific knowledge and key developments.•Ensuring efficient and effective stakeholder engagement by attending meetings and supporting their strategies.•Monitoring financial covenant's by obtaining latest financial information, measuring compliance and reporting breaches.•Post loan monitoring and management of lending facilities that were granted to clients•Collaborating with other financial experts (Business Analysts, Relationship Managers, Credit Analysts & Credit Managers) to approve or decline Floorplan facilities application.•Communicating credit decisions and policies to fellow colleagues, stakeholders and credit applicants.•Recommending Conditions Of Approval to the Credit Manager and ensuring that all requested collateral (pre-COAs) are in place before granting the facility to the client.
