Credit Analyst

The Credit Analyst role involves the analysis and approval of credit facilities with the core purpose of mitigating credit risk. This is achieved by ensuring compliance with laid down bank lending policies and procedures.

Key Responsibilities

1. Credit Assessment and Approval: Assessing and approving facility applications within discretion limits, ensuring adherence to Policy, and making recommendations to higher authority for facilities above personal discretion limit.
2. Risk Management: Analyse Credit Applications critically and make prompt & correct decisions as per the policies guided by CBK prudential guidelines.
3. Service Delivery: Ensure compliance with service standards as per SLA terms to support business growth and ensure efficient turnaround time (TAT) on facility approvals and in the event of delays, ensure appropriate escalation.
4. Portfolio Review: Review the performance of the loan book.
5. Leadership and Training: Conduct training for Consumer credit officers and provide leadership to Consumer credit staff in Head office.
6. System Maintenance: Ensuring maintenance of staff facilities in the Flexcube system; and amendments as required (Disbursement, Loan Amounts, Interest Rates, Tenor, and Security).
7. Guidance and Support: Provide advice, coaching, guidance, and training on all aspects of credit policy and procedures, as may be required by the Credit team, Credit Unit Business teams, and Branch Credit teams.
8. System Participation: Participate actively in system improvement/implementation processes, giving user requirements and critique the system.
9. Policy Interpretation: Guide all credit officers and managers on policy matters on day to day works.
10. Query Handling: Handle queries relating to system issues (interest rates amendments, loan restructure in system).
11. Documentation: Preparation of facility letters, security/collateral documentation checklists, and conditions checklists.
12. Procedure Management: Document and update procedures for the role on an annual basis.
13. Compliance: Ensure full compliance to the bank’s lending policies and procedures and with the Central Bank’s prudential guidelines.
14. Other Duties: Any other official duty that may be allocated from time to time.

Qualifications and Experience

The ideal candidate must possess the following:

• Hold a bachelor’s degree in business, Accounts, Finance or related field.
• Professional Credit or Accounting qualifications are a plus.
• Have a minimum of three (3) years’ practical experience with proven result-oriented and a track record in recoveries.
• Experience in banking and legal background is a plus.