Avg. Base Salary (ZAR)
The average salary for a Senior Credit Analyst is R575,515
What is the Pay by Experience Level for Senior Credit Analysts?
An early career Senior Credit Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R546,964 based on 14 salaries. A mid-career Senior Credit Analyst with 5-9 years of experience earns an average total compensation of R554,811 based on 18 salaries. An experienced …Read more
What Do Senior Credit Analysts Do?
Senior credit analysts are responsible for assessing credit requests and producing a recommendation based on a variety of factors; this involves a careful analysis of a client’s financial information, including income statements, tax forms, cash flow history, and current debt. Using this information and best practices and methods, senior credit analysts assign credit requests a rating based on their assessment of the probability of default by the client. Using this information along with the …Read more
- Provide analysis of customer financial statements.
- Ensure all data entry is accurate and complete.
- Perform underwriting of loan requests and annual reviews.
- Assess and authorize credit limits, and monitor credit risk.