Credit Analyst for Large Corporate Lending at Nedbank
Nedbank · National, South Africa
Overview
Nedbank is looking for a Credit Analyst to join their Commercial Underwriting team. You will assess credit risk for large corporate clients, working with structured finance and syndicated loans. This role is perfect for someone with at least three years of credit analysis experience who wants to grow in a major South African bank. You will be based nationally and work on complex lending deals that require strong financial modelling and risk assessment skills. If you enjoy analysing financial statements and shaping credit decisions, this could be a great next step in your career.
About the role
As a Credit Analyst at Nedbank, you will play a key role in managing risk adjusted pricing and risk ratings for complex credit lending to large corporate clients. You will work within the Business and Commercial Banking division, specifically in Commercial Underwriting, and support the implementation of the Internal Ratings Based Approach.
What you will do:
- Assess credit risk by analysing financial statements, debt repayment history, and corporate purchasing behaviour.
- Prepare and recommend credit applications for structured finance, syndicated loans, and multi tiered facilities.
- Apply financial ratios and industry benchmarks to evaluate cash flow and repayment capacity.
- Monitor credit reports and portfolio performance to identify emerging risks and ensure compliance with Basel and IRB standards.
- Build and maintain relationships with internal stakeholders and large corporate clients.
- Collaborate with treasury, legal, and risk teams to structure and execute complex deals.
- Stay updated on regulatory changes and industry trends affecting corporate credit.
Please note: Applications must be submitted through Nedbank's official recruitment portal. For any queries, you can contact the Nedbank Recruiting Team at +27 860 555 566.
Requirements
- Minimum 3 years experience in credit analysis focused on large corporate clients, particularly in complex lending environments such as structured finance, syndicated loans, or multi tiered facilities.
- Minimum 3 years experience in business or corporate banking, with a strong track record of evaluating detailed financial statements and credit reports.
- NQF Level 6 or higher qualification in Financial Management, Accounting, Credit Risk Analysis, or a related field.
- Technical knowledge of banking, data analysis, governance, risk and controls, financial management principles, and relevant regulatory knowledge.
- Behavioural competencies such as coaching, communication, continuous learning, collaborating, and work standards.
Responsibilities
- Align with the bank's credit policy while managing complex credit lending solutions for large corporate clients.
- Prepare and recommend credit applications involving structured finance, syndicated loans, and multi tiered facilities within approved parameters.
- Assess credit risk by analysing financial statements, debt repayment history, earnings, and corporate purchasing behaviour.
- Recommend appropriate credit terms and structures, including bespoke facilities, covenant packages, and risk mitigants.
- Evaluate the financial status of large corporations to determine risk levels using advanced financial modelling and stress testing.
- Apply financial ratios, industry benchmarks, and sector specific metrics to assess cash flow adequacy and repayment capacity.
- Monitor credit reports and portfolio performance to identify emerging risks and ensure compliance with Basel and IRB standards.
- Measure compliance, identify breaches, and escalate risk concerns with actionable recommendations.
- Obtain and verify updated financial information to support ongoing credit reviews and condition signoffs.
- Ensure appropriate security and collateral structures are in place for complex lending transactions.
- Meet Nedbank Group Rating requirements by conducting thorough account reviews and identifying credit deterioration.
- Monitor daily excess reports to identify clients exceeding approved limits and initiate corrective actions.
- Risk rate clients using internal risk systems and assess financial positions in line with IRB methodology.
- Deliver high quality service by understanding the unique needs of large corporate clients and responding with tailored credit solutions.
- Enhance client satisfaction by sharing insights and developing the capabilities of the client service team and stakeholders.
- Build strong relationships with internal stakeholders by participating in deal forums and supporting strategic initiatives.
- Maintain robust external client relationships by understanding their industries, capital structures, and strategic goals.
- Collaborate with other bank divisions such as treasury, legal, and risk to structure and execute complex deals.
- Provide accurate and timely information to stakeholders by maintaining deep product and policy knowledge.
- Stay informed on regulatory changes, industry trends, and market developments affecting corporate credit.
- Identify opportunities to enhance credit processes, systems, and policies for complex lending.
- Support transformation and culture building initiatives aligned with Nedbank's strategic goals.
- Participate in corporate social responsibility programs that align with business and community objectives.
Job details
- Organisation
- Nedbank
- Location
- National, South Africa
- Job type
- Full time
- Experience level
- Mid (3+ years)
- Education
- Diploma
- Category
- Banking & Insurance
- Posted
- 9 October 2026 (4 weeks ago)
- Application Method
- Apply online
Success Guide
Hello future Credit Analyst! This is a fantastic opportunity to join one of South Africa's big four banks. Nedbank is known for its strong risk culture, so when you apply, make sure your CV highlights any experience you have with financial statements, credit risk, or corporate lending. Even if you have only worked on smaller deals, show how you analysed data and made recommendations.
In the interview, be ready to discuss how you assess creditworthiness. They may give you a case study or ask about Basel and IRB principles, so brush up on those. Also, since the role involves working with large corporates, demonstrate that you can build relationships and communicate clearly with different stakeholders.
Remember to apply through the official Nedbank portal. If you have the right diploma or degree and at least three years of experience, go for it. Your analytical skills are needed. Good luck!
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