Business Unit: Discovery Bank
Function: Banking
Date: 26 Aug 2025
About Discovery
Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Discovery Bank
Discovery Bank is a bank like no other – a shared-value bank, designed with our clients in mind. We are all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards. Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well. If you are adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that’s safe and nurturing.
Job Purpose
The Credit Lending Analyst is responsible for assessing and making decisions about customer credit applications for Purple/Discovery Bank. The incumbent is also required to assist in the constant evolution of this job to match the growth phases of the digital banking business, and the needs of the customer. This role assists in keeping the credit exposure within predefined risk limits.
Areas of responsibility may include but not limited to
- Performs the role aligned to the credit risk policy and the credit standard
- Evaluates, reviews and assess clients credit data and financial statements in order to determine the degree of risk involved in lending money to them
- Determines the risk of default to the bank by assessing credit history, repayment history and credit scoring and infusion of third party data
- Assesses and make decisions about customer credit applications using a range of criteria including credit viability, customer payment history and customer credit-worthiness.
- Assists in continuous improvements of the credit lending processes to ensure the best customer experience within a digital banking environment.
- Assists in making recommendations about procedural and or policy changes for the digital banking environment.
- Interlinks with all stakeholders in relation to disputes, enquiries, escalations, and referrals to ensure all cases are addressed with TAT
- Manages exceptions and deviations from the bank risk framework
- Works within the mandates and credit limits approved by the bank to ensure proper credit sanctioning
- Facilitates credit administration to ensure applicants are addressed
- Data analysis and ability to prepare reports
- User acceptance testing
Skills
- Required:
- Credit and risk knowledge, including ratings and methodologies
- Ability to submit and assess credit applications
- Ability to identify, quantify and mitigate identified credit risk
- Knowledge of National Credit Act
- Knowledge of Financial Intelligence Act
- Knowledge of Consumer Protection Act
- Knowledge of Protection of Personal Information Act
- Knowledge of industry and market trends
- Knowledge of the Banking Act
- Financial analysis
- Report writing and compilation
- Preferred:
- Understanding of the full credit value chain.
- Credit and lending skills and knowledge to be able to structure correctly.
- Understanding the bank credit policy
- Credit principles, policies and processes
Qualifications
- Required: A Bachelor’s degree related to finance or equivalent
- Preferred: A related credit lending qualification in a banking environment
EMPLOYMENT EQUITY
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.