Credit Analyst Job Opening

Job Description

The Job holder will support the Credit Manager:

1. In planning, coordinating, and controlling all lending activities to minimize credit risks.
2. Preparing independent analysis of credit reviews and submitting a summary of analysis for credit review.

Responsibilities

• Analyzing credit propositions and making timely recommendations for approval.
• Reviewing credit applications for compliance with the approval conditions
• Weekly analysis of loan-book performance and risk loan-book migration analysis
• Conducting Quality checks to ensure branches follow the Sacco’s credit policy, best practice in appraisal, approval, and management of facilities.
• Generating accurate management report on business performance to facilitate decision making.
• Review the Sacco’s lending model policies and recommend changes in line with business dynamics.
• Check completeness of documents submitted for credit analysis.
• Provide coaching /guidance/training on aspects of credit including policy and procedures, as may be required by branch staff and other staff involved the credit granting process.
• Immediately inform the concerned parties of any document missing (according to the credit checklist).
• Regularly analyze the risk profile of the Sacco’s loan portfolio by product, and by segment.
• Review and ensure compliance of facilities approved conditions.
• Always ensure compliance with set SLAs
• Proactive monitoring of the credit portfolio to ensure early detection of problem credits.
• Provide and analyze financial information for use in the preparation of credit reports.
• Assist in the financial evaluation of new business/projects and provide a guide on market risk.
• Preparing credit reports for new proposals and renewals and provide guidance on structuring of credits, due diligence, and KYC.
• Maintaining financial information on borrowing accounts including covenant monitoring.
• Undertake annual review of security documentation for all Sacco accounts.
• Ensuring there is no income leakage by counter checking that interest rates are correctly applied; insurance and all the necessary fees are applied on all credit facilities.
• Undertaking client visit with Branch Managers as required during credit analysis.
• This is not a complete statement of all duties and responsibilities of this post, you may be required to carry out other duties as directed by the Supervisor.

Qualifications

• Bachelor’s degree in finance, accounting, banking, or any other business-related field.
• Professional Qualification in Credit e.g., C.C.P is an added advantage.
• Professional qualifications in CPA will be an added advantage.
• 4 years progressive working experience in credit analysis in a Bank or Financial Institution.
• Knowledge of debt recovery and realization process.
• Strong analytical skills.
• Excellent negotiation skills.
• Effective communicator – both verbally and in writing.
• Strong interpersonal skills.
• Focused and self-driven
• Attentive to detail.