Specialist Credit Analyst

The Role

As a Specialist Credit Analyst at Absa Group, you will play a pivotal role in conducting in-depth, specialized credit assessments and risk analysis on commercial portfolios. This position is central to enhancing the decision-making process involved in determining the Bank's appetite to extend credit to clients across diverse industries and markets. You will be working within a dynamic team environment, collaborating closely with Sales teams, Credit departments, Product Industry Specialists, and senior management to deliver comprehensive financial analysis and risk evaluations.

This role offers the opportunity to work with some of Africa's most prominent commercial clients, analyzing complex financial statements, interpreting qualitative data, and providing critical insights that drive lending decisions. You will be part of Absa's commitment to responsible banking while supporting the growth ambitions of businesses across the continent. The position requires a strategic mindset combined with meticulous attention to detail, as your analysis directly impacts the bank's risk profile and client relationships.

What You'll Do

• Monitor client performance continuously for risk indicators and perform formal reviews at specified intervals to identify changes in business or operating environments
• Monitor adherence to covenants and conditions on an ongoing basis, discussing deviations with Sales teams and escalating to Line Management and Credit when necessary
• Ensure adherence to ARMS credit requirements as stipulated in Absa credit policies and monitor operational risk boundaries
• Collaborate with Product Industry Specialists to assist in client solutioning and credit application processes
• Proactively identify problematic and high-risk clients, advising Credit teams and implementing loss preventative measures including EWL Reports
• Manage and action daily Odex, Referrals, REPL and REPC processes, contacting clients on referral listings for rectification
• Compile comprehensive reviews, amendments, and new applications for appropriate lending authorities
• Spread client financials across various Credit Risk Grading models including Agri Model, Public Sector Model, RiskCalc Model and Triad
• Provide Default Grading output from Credit Risk models and ensure 100% accuracy in data capture and model balancing
• Issue facility letters to clients following reviews and new facility approvals, managing policy-required reminder letters
• Identify cross-sell opportunities through analysis of client financials and account conduct, passing leads to Relationship Executives
• Conduct industry research to understand profitability trends, market dynamics, and competitive positioning of portfolio clients

What We're Looking For

• Bachelor's degree in Business, Commerce, Management Studies, or Credit Risk
• Minimum 5 years of relevant credit analysis or risk management experience
• Strong financial analysis skills with ability to interpret complex financial statements
• Advanced proficiency in Microsoft Office Suite, particularly Excel for financial modeling
• Deep understanding of banking credit policies, procedures, and regulatory requirements
• Experience with credit risk grading models and default probability assessments
• Strong written and verbal communication skills for report writing and stakeholder interaction
• Demonstrated planning and organizational abilities with attention to detail
• Knowledge of commercial banking products and lending structures
• Understanding of South African banking regulations and compliance requirements

Nice to Have

• Professional certification in Credit Risk Management (CRM) or similar qualification
• Experience with specialized banking software and risk management systems
• Knowledge of multiple African markets and cross-border banking
• Industry expertise in key commercial sectors such as agriculture, mining, or manufacturing
• Previous experience in deal structuring or syndicated lending
• Fluency in additional African languages

What We Offer

• Competitive salary package with performance-based bonuses
• Comprehensive medical aid and life insurance coverage
• Retirement fund contributions and long-term savings options
• Extensive learning and development opportunities including professional certifications
• Career progression pathways within Africa's largest financial services group
• Flexible working arrangements and work-life balance support
• Employee banking benefits and preferential rates on financial products
• Opportunity to make meaningful impact across African markets

How to Apply

To apply for this position, please submit your application through our careers portal including your comprehensive CV, cover letter, and relevant qualifications. We encourage candidates to highlight their credit analysis experience, technical skills, and understanding of commercial banking in their applications. Our recruitment process includes initial screening, technical assessments, and panel interviews with senior credit and risk management professionals.

As an equal opportunity employer, Absa is committed to achieving equitable demographic representation. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute to workforce diversity. We reserve the right not to make an appointment if no suitable candidate is identified.

About the Company

Absa Group Limited stands as one of Africa's premier financial services organizations, built on over a century of banking excellence and innovation. Listed on the Johannesburg Stock Exchange, we operate across 12 African countries with additional representative offices in China, Namibia, Nigeria, and the United States. Our integrated approach spans personal and business banking, corporate and investment banking, wealth management, and insurance services, making us a truly comprehensive financial partner for individuals, businesses, and institutions.

Our culture is rooted in the belief of empowering Africa's tomorrow, one story at a time. We foster an environment where diverse talents converge to create innovative solutions that drive economic growth across the continent. As part of our family, you'll join a team committed to excellence, integrity, and making a meaningful difference in the communities we serve. With robust learning and development programs, clear career progression paths, and a commitment to work-life balance, Absa offers more than just a job – we offer a platform to shape your career while contributing to Africa's financial future.