Business Analyst Asset Finance

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Are you passionate about Commercial Asset Finance and have been operating in the space as a Business Analyst? Elevate your career by joining Absa's dynamic Commercial Asset Finance team. The role entails ensuring that credit applications and dealer approvals are of an acceptable risk profile, appropriate quality and conforms to Absa Credit’s lending policy and that applications are timeously compiled and submitted for credit assessment. The Business Analyst Asset Finance also supports the front-end sales team’s short and long-term objectives and deals with a range of credit requests even in the absence of the Asset Finance Specialist.

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 relev