About the job
The Credit Analyst reports to the Chief Representative Officer. He/She is tasked with establishing developing and maintaining the portfolio of Financial Institutions (FI) and development organization clients who require routine as well as complex finance services. The incumbent shall also be responsible for generating bank revenue through professional management of FI relationships within the prescribed credit responsibility and accountability.
Prepare Business Credit Applications for the renewal of facilities extended to current relationships (& interim reviews where mandated) and initiate new relationships with prospective clients.
Monitor and manage risk on a proactive basis by monitoring risk triggers, covenants/approvals conditions and report any breaches.
Prepare management reports relating to credit approvals, excesses, extensions, earmarking, early alert reports, risk trigger monitoring, covenant breach monitoring, approval conditions in a bid to ensure compliance of all controls.
Identify report and act upon material risks proactively and raise Early Alert Reports in time to take corrective actions.
Maintain and exercise control over allotted Relationship Management portfolios to ensure that services to customers are of the highest standard; constantly vet and monitor customer quality in order to minimize the risk of loss to the bank.
Ensure the accurate administration of team portfolio in accordance with set procedures; Undertaking regular inspection of assets and documents on a timely basis.
Ensure that portfolio review/audit results are in good ratings and nothing negative is highlighted in the accounts allocated
Facilitate the preparation of annual industry studies with an aim to improve knowledge within the organisation and Client Coverage of specific markets and industries.
Provide guidance to Relationship Managers on FI credit process and policies.
Qualifications and competencies
You will be an articulate communicator possessing the ability to foster and maintain good working relationships. In addition, you will have:
Bachelor Degree in finance, accounting, or other business-related fields
At least five (5) years of experience in strong FI quantitative experience in a Credit Risk Department.
Ability to manage multiple tasks, maintain timelines and manage workload/job task within schedule.
Excellent verbal and written communication abilities as well as excellent technical report writing skills
Strong Analytical skills with knowledge of credit analysis and credit assessment.
Strong Knowledge of applicable compliance rules and regulations and corporate policies
Good Knowledge of products including Cash Management, Trade Finance, Treasury and Global Markets, and Lending/Syndications
Good Knowledge of Foreign Exchange, Interest Rates, Commodities and Equities, including Cash Management, Trade Finance, and Lending Syndications.
Good understanding of credit markets and banking systems in East Africa
Strong comprehension of foreign exchange, equity, fixed income and commodities markets.Apply for here