Credit Analyst at African Trade Insurance

Job Description for the Credit Analyst
Under the oversight of the Senior Credit Analyst and overall supervision of Chief Risk Officer, your functions and duties shall be as follows:

For a given set of countries, analyse and monitor the general economic and political environment insofar as it affects the creditworthiness of companies, including:

• Key sectors of the economy and their performance
• Quality and availability of information on companies;

The regulatory environment i.e. government regulations & policies towards commercial entities;

The legal environment i.e. security perfection, bankruptcy and legal ways for debt collection

• Undertake financial analysis of corporate customers using credit skills, ratio analysis; evaluation of parent support policies; judgement of management and strategy. In this respect, analyse historical and projected financial statements of potential and existing obligors, as well as potential and existing ATI insured’s; monitor receipt of quarterly/annual financial information and credit grading of accounts for annual review; monitor the quality of ATI’s credit exposure portfolio by ensuring that limits are consistent and respected, and to identify and signal early warning signs of credit deterioration;
• Review and update (as may be required from time to time) the organization’s credit information database and obligor underwriting system;
• Evaluate and understand risks associated with individual applications for insurance, the underlying project, parent support policies, quality of management and strategy and recommend appropriate risk mitigation measures;
• Ensure compliance with ATI’s policies, including the provisions of the operations manual and ensure that ATI’s policy breaches are properly authorised at the correct senior approving level;
• Have contacts with key clients, banks and obligors in order to develop both general intelligence on a given sector or region and specific information about private obligors and public buyers;
• Evaluate and document the soundness of the credit management policies of lenders and traders;
• Contribute to debt collection and risk mitigation actions;
• Contribute to corporate communication exercises, workshops and conferences;
• Travel on regular basis to meet information sources, clients, banks, buyers and other business partners
• Perform such other duties as may be assigned to you from time to time.

Qualifications:

• Master’s Degree in Business/Economics, or equivalent through experience;
• Strong credit experience, preferably with an African bank or credit institution;
• Preferably English speaking with French and/or Portuguese would be an added advantage;
• A minimum of 5 years banking and credit experience in a francophone West African country;
• Extensive personal network in West and Central Africa (banking and corporate);
• Excellent communication and presentation skills

The position will be based in Kenya, with the possibility of relocation to another African country