Capitec
About Capitec Bank
At Capitec Bank, we are more than just a bank. We are committed to simplifying banking services and providing innovative financial solutions for our clients. With a focus on customer satisfaction and business growth, Capitec Bank continually seeks passionate and motivated individuals to join our dynamic team. We offer a culture of collaboration, creativity, and career advancement, where every team member has the opportunity to make a real impact.
We are currently looking for an Analyst: Credit Book Control to join our team and contribute to minimizing bad debt, enhancing profit, and controlling risk for both Capitec Business Bank (CBB) and Capitec Rental Finance (CRF). This is an excellent opportunity to use your analytical skills to make a significant impact on the company’s credit risk management strategies.
Why Join Capitec?
🌟 Career Growth: At Capitec, we are passionate about developing our people. We offer extensive learning and career development opportunities to help you grow your skills and advance your career.
🌟 Innovative Environment: Work in an environment that values creativity and forward-thinking solutions to financial challenges.
🌟 Employee Benefits: We provide a competitive salary, comprehensive benefits package, and a healthy work-life balance.
🌟 Inclusive Culture: We value diversity and ensure that all employees feel welcome, respected, and included.
🌟 Mission-Driven: Join a bank that is dedicated to making a positive difference in the lives of our clients.
About the Role:
As an Analyst: Credit Book Control, you will play a key role in managing and optimizing credit risk within Capitec. You will be responsible for analyzing, monitoring, and reporting on various credit book segments, implementing tactical strategies, and ensuring effective collections and recovery processes. Your ability to monitor risk, mitigate bad debt, and contribute to the development of effective risk management solutions will be critical to your success in this role.
Key Responsibilities:
✔ Credit Risk Analysis: Analyze credit book trends, including reasons for arrears, risk grade changes, and write-offs, and report on these findings.
✔ Debt Mitigation & Control: Contribute to the development of strategies to reduce bad debt and enhance profitability for Capitec Business Bank and Capitec Rental Finance.
✔ Portfolio Monitoring: Identify high-risk portfolios and clients, and monitor changes in credit book segmentation and risk indicators.
✔ Collections & Recoveries: Participate in pre-delinquent collections, arrears follow-ups, and recoveries, ensuring alignment with strategic objectives.
✔ Root Cause Analysis: Perform in-depth case studies and root cause analysis on non-performing loans, pre-delinquent accounts, and arrears.
✔ Reporting & Data Analytics: Provide insightful reports and leverage data analytics to identify trends, gaps, and opportunities in credit book performance.
✔ Risk Management Solutions: Contribute to the research, design, and implementation of optimal risk management solutions related to credit policies and processes.
✔ Collaboration: Work closely with other departments such as collections, recoveries, and risk management to ensure effective execution of strategies.
What You Will Bring:
✅ Experience:
- At least 2–3 years of experience in collections, recoveries, or credit management.
- Practical experience in analyzing credit data for reporting and monitoring purposes.
- Credit and business analysis experience, including influencing processes, policies, and procedures.
✅ Qualifications:
- Higher Certificate in Credit Management or Banking (minimum).
- A National Diploma in Accounting, Financial Accounting, or Banking is ideal.
✅ Skills & Knowledge:
- In-depth knowledge of credit legislation, including the National Credit Act (NCA).
- Strong understanding of collections and recoveries systems, processes, and practices.
- Familiarity with reporting and data analytics for credit book monitoring.
- Experience with credit risk management throughout the credit life cycle.
- SQL programming knowledge and experience with database structures is a plus.
- Strong problem-solving, analytical, and numerical reasoning skills.
- Proficiency in Microsoft Office Suite (MS Word, MS Excel, MS Outlook).
- Attention to detail and ability to work under pressure to meet deadlines.
Conditions of Employment:
🔑 Clear Record: A clear criminal and credit record is required.
🔑 Driver’s License: A valid driver’s license is essential for the role.
🔑 Communication: Must be contactable via mobile phone.
🔑 Willingness to Travel: Regular travel within South Africa may be required.
Why This Role is a Great Opportunity:
Joining Capitec as an Analyst: Credit Book Control provides the opportunity to work within an innovative and growth-driven company while managing key credit risks for the business. Your expertise will directly contribute to the company’s financial success, enhancing profitability, and minimizing bad debt. This is a rewarding opportunity to apply your analytical skills and experience in a dynamic and impactful role.
How to Apply
Ready to take on this exciting opportunity and contribute to Capitec’s success? Apply now for the Analyst: Credit Book Control position and join a forward-thinking team dedicated to growth and innovation.
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TIPS for CV related to this post:
🔑 Highlight Relevant Experience: Focus on your experience in collections, recoveries, and credit management. Showcase specific examples where you’ve managed risk and optimized credit book performance.
🔑 Showcase Analytical Skills: Emphasize your ability to analyze credit data and monitor credit trends, including your proficiency in reporting and data analytics.
🔑 Knowledge of Credit Legislation: Demonstrate your understanding of the National Credit Act (NCA) and other relevant laws that affect the credit environment.
🔑 Problem-Solving Abilities: Include instances where you’ve successfully solved complex credit-related issues or contributed to process improvements.
🔑 Technical Skills: Highlight any experience with SQL, database structures, or collections systems that is relevant to the role.
🔑 Emphasize Attention to Detail: Showcase your attention to detail in handling credit data and ensuring accurate reporting.
