Junior Credit Analyst

Junior Credit Analyst 

Spartan Background

Explore Spartan’s culture and the impact you’d make in funding SMEs to grow - view our Careers page.

The Fit – You & Spartan

Spartan SME Finance focuses exclusively on established SMEs - we are changing South Africa one SME at a time and need people who believe that inclusive growth can happen through helping SMEs grow. If you are looking to help us grow SMEs and build our SA - then you are the right person.

Spartan opened in 1981 and provides financing that backs entrepreneurs. This is done by adopting a structured finance approach that incorporates an intimate understanding of both the jockey [entrepreneur] and their business [SME].

We value a person with truthful candid talk, creativity, curiosity, conscientiousness and an obsession towards holistic learning & growth.

Part of the process in providing entrepreneurs with our backing is to perform an analysis on their business. This is where you come in, we are offering an exciting opportunity for Interns to learn the ropes of commercial credit analysis for SMEs.

No work experience is needed, but we do require the candidate to have completed an undergraduate qualification in Commerce, Engineering or Politics, Philosophy and Economics (PPE), and have a good general knowledge.

This one in a lifetime opportunity, if you are energetic entrant who wants to know their way around a balance sheet, income statement and cash flow statement. Then apply.

Ultimately the role entails, preparing credit papers that would be presented to the investment/credit committee.

Required Qualifications

• The individual must have completed an undergraduate qualification in Commerce, Engineering or Politics, Philosophy and Economics (PPE)

Required Experience

• more than 12 months Full time employment

 Job Description

As an junior credit analyst, you will engage with and analyse multiple SMEs in South Africa, across various industry sectors, with the aim of providing balanced feedback to a credit committee investment.

The role will be expected to:

• Learn from their peers


• Learn to analyse and interprets credit bureaux reports;


• Learn in inhouse and external rating agency credit rating tools and other economic indicators to supplement analysis.


• Learn how to perform on-site evaluation missions;


• Learn to prepare credit papers for review


• Promote and reinforce the role of Spartan as the financiers to SMEs, constantly improving relationships with entrepreneurs and potential partners.

This role is:

·    Not merely a desktop based analytical role – but rather one that also engages regularly with CEOs, founders and entrepreneurs

·        Not a data science role but you will intuitively and practically connect the dots

·        Not a purely mathematical endeavour - and will also rely on your EQ and communication skills.

This Role will:

• Allow you to consistently engage with entrepreneurs to gain an intimate knowledge of their businesses


• Allow you to explore and profile owners’ personalities


• Allow you investigate trends in industry and sectors and apply those determinations


• Expand your general business & industry knowledge exponentially


• Get you to directly make a difference to entrepreneurial businesses and build our country


• Engage with the Credit Committee and report to the Credit Operations Manager

We’re more effective as a team that works closely together and engages with its customers and stakeholders, face-to-face – consequently we are entirely office based [i.e. no work-from-home mode].

Desired Skills and Experience

• more than 12 months full timeworking experience needed


• Analytical mind, organized, precise and meticulous


• Ability to take initiative, learn quickly and strive for results


• Excellent communication skills (verbal and written)


• Strong team player and motivator

Required Disposition

• A keen interest in SMEs, impact investing and socio-economic growth


• Someone who wants to make a contribution to South Africa


• Someone who is self-aware


• Someone who embraces challenges and sees solutions & opportunities


• Big picture thinker, but with an eye for detail


• Curiosity with constant holistic learning


• Technologically Savvy

 Remuneration

• Market-related salary based on experience, with company benefits [medical aid, provident fund, etc]

Application Requirements

• CV


• Cover/Motivation Letter

Industry

• Financial Services

Employment Type

·  Full-time, Onsite (No Remote)