Business Analyst Asset Finance - Sandton at Absa Group Limited (Absa)

Job Description

• Liaise with Business Development Officer (BDO) / Relationship Executive (RE), clients and other stakeholders to understand the process or requirements of credit applications for all clients concerned.
• Conduct research on the  industry in which the client operates to understand the industries overall profitability, industry trends and client’s market standing relative to its competitors.
• Perform robust  financial and non-financial analysis on the client that will support and underpin all new proposals for commercial asset finance in terms of the clients’ credit risk implications.
• Maker use of clients’ historical data for example, its financial statements to forecast the clients potential growth and sustainability. Conduct a  sensitivity/scenario analysis  to determine the impact that a change, in for example the economy, political situation,consumer demand, etc. will have on the clients’ financial health.
•  Liaise with RE and BDO consultants / or clients in order to achieve acceptable levels of approved credit facilities.
•  Accompany RE / BDO Consultants to client visits in order to obtain relevant financial information and understanding for the credit process
•  Ensure that all of the Bank’s credit policies and philosophy are fully complied with at all times, and that any policy breaches have been suitably addressed and mitigated against.
• Ensure adherence to the Absa Business Bank credit Policy and other relevant legislation, for example during the application preparation process.

Minimum Requirements

• NQF level no. 6
• Essential: 3 Years financial statement analysis in credit environment.
• Preferred: Credit Risk Assessment experience 

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)