Corporate Credit Risk Analyst at Equity Bank Kenya

Job description

The Position

Reporting to the Head of Corporate Credit Risk, the Credit Analyst will serve as a loan analyst for borrowing requests from branches/corporate credit and subsidiaries. He/she will be required to conduct credit risk analysis, review of credit transactions and prepare loan sanction write-ups and summaries along with recommendations and present the same to the credit committees.

Key Responsibilities

• Complete a thorough, in-depth analysis of new credit requests, credit change requests, renewals and restructure and make recommendation to respective committees.
• Ensuring acceptable risk levels are maintained, compliance with the Bank’s Credit Policy and CBK prudential guidelines.
• Identification of areas of weaknesses during credit analysis and mitigating credit risk appropriately for strong cases which are outside policy.
• Structure credit solutions for the clients and ensuring the appropriateness of the products.
• Review of treasury limits from different banks & other corporate bodies for presentation to approving authority.
• Achieve turn-around-times (TATs) as per agreed Service Level Agreements (SLAs) for assessment of applications referred to Credit Risk from branches and subsidiaries.
• Maintain a good working knowledge of the Bank’s lending policies and procedures and identify exceptions to policy.
• Ensure a consistent approach in assessing loan applications by developing/reviewing relevant risk assessment templates for use by the business.

Essential Knowledge

• Able to adjust quickly to different work situations; remain composed under pressure and stressful situations.
• Must be able to understand financial data (Balance Sheets, Income Statements, Cash Flow Statements, Financial Ratios, etc.) and apply those skills as they pertain to the loan underwriting process.
• Must be organised, efficient and able to work independently and be detail oriented in order to generate accurate reports.
• Attention to detail is key: Regard for all important details to assure accuracy in every transaction performed; detect errors; follow through on corrections and details.
• Ability to effectively manage one’s time to complete work according to established deadlines.
• The ability to prioritize tasks to make the best use of time for high priority tasks.
• Excellent communication and presentation skills. g) Excellent knowledge of general procedures and policies as well as banking practices and regulations.
• Principled and self-confident.

Desired Qualifications, Knowledge and Experience

• A Bachelor’s degree in a business related field from a recognized university. Holders of relevant professional qualifications will have an added advantage.
• At least 8 years’ experience in credit of which 5 years must be in Credit Risk Analysis.