Credit Analyst at Centum

Job Summary

The Credit Analyst’s responsibilities will include ensuring compliance to the credit processes through payroll bookings, ensuring customer performance by having strong relationship with payroll managers in institutions. Following up on arrears using soft collections skills, ensuring the Fair Debt Collections Act is complied with when it comes to arrears and customer management. Performance will be tracked using non-performing loan metrics, Portfolio at Risk (PAR), Debtors ageing schedules.

Principal Accountabilities

• To analyse loan applications to ensure KYC compliance, basic credit compliance 
• To ensure booking of customer deductions as part of the credit appraisal process for both buyoffs and straight loans: i.e. to prepare deduction sheets and book loans with employer payroll.
• To create and maintain string relationships with payroll managers within various employers and institutions.
• Generation of monthly reports as part of the business review cycle
• Monitor all the active accounts disbursed monthly and ensure collection efficiency.
• Upload all client deductions into their respective individual accounts.
• Gather intelligence information in the field and professional networks and payroll staff to mitigate risk of fraud and inform management on issuance of good loans.
• Gather market trends and intelligence on new trends and products in the market to ensure business continuity.
• Ensure all lending procedures comply with regulations.
• Develop, review, and update the company’s credit policy

Minimum Requirements

• Academic Qualification in Accounting, Economics, Banking and Finance or relevant field
• Proven work experience as a Credit Analyst or similar role
• Hands-on experience with MS Office & Loan Management Systems
• Solid understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets
• Strong negotiation skills