Credit Analyst, Commercial Banking at HF Group

Overall Job Purpose

The Credit Analyst, Commercial Banking will be responsible for supporting Commercial Banking Business segment in promptly structuring credit deals by evaluating the creditworthiness of a borrower and ensure the proposed credit risk is profitable, beneficial to the client and is within the relevant policies and regulations.The job holder will have be expected to prepare sound, prudent and judicious credit request proposals in line with the Bank’s credit policy and approved product offering. The job holder will also provide advice and techniques to mitigate risks for credits that are considered bankable.

Principle Accountabilities

Relationship Management

• Provide the interface between business and credit.
• Give quality feedback to the business teams on the quality of applications and the areas of improvement.
• Support the Commercial Banking teams in serving their customers in a timely manner customer by giving prompt feedback.
• Give business reports on loans processed and declined to help in decision-making.
• Supporting RMs in packaging credit proposals to ensure clarity for faster approval and adoption.

Credit Appraisals

Appraising borrower information to determine ability to service loan for purposes of adherence to the lending policy. This is done through various analysis templates depending on limits and nature of income of borrowers. This includes but not limited to:

• Identify loan product requested by the customer and the requirements.
• Ensure the necessary KYC requirements have been adhered to, call backs on employment letters, statements etc. have been performed.
• Conduct thorough analysis of financial statements and assessment of credit requests, through preparing spreadsheets and models.
• Assess payment capacity and collateral adequacy.
•  Review prevailing economic trends, and risk ratings, and applying the same in the appraisal process.
• Bring out policy exceptions and breaches, recommend adequate Mitigants, and seek necessary approvals.

Operations & Audits

• Ensure compliance with all credit policy guidelines
• Follow through with transactions to the end
• Training teams one on one to reduce on back and forth
• Develop various templates to guide the credit process
• Handle audit queries emanating from the credit process
• Monitor turnaround time on requests

Income generation & Cost Containment

• Supporting the RMs to achieve set income targets (Interest income and Non-interest income).
• Ensure the correct charges are applied
• Ensure all excesses are fully provided
• Manage office costs  within reasonable levels
• Cross sell bank products
• Push on products that deliver quick income

Minimum Qualifications, Knowledge and Experience

• University Degree in a business related course i.e Economics, Commerce, Business Administration.
• Credit Management course
• Accounting (CPA - K) or Banking Qualification (AKIB)
• Minimum of 4 years’ experience in banking and financial analysis 2 of which must be credit department or credit related area.

Key Competencies and Skills

• Corporate Competence: Working knowledge of the Bank’s products, the Bank’s Credit policy and CBK Prudential Guidelines.
• Financial analysis Skills: Ability to analyze and/or interpret financial statements, and advice accordingly.
• Analytical business and investment appraisal Skills: Keen to detail and able to conceptualize financial investment proposals and provide viable solutions.
• Technology Skills: Computer literate with proficiency in computerized financial analysis applications.
• Industry knowledge: Candid knowledge of the various sectors of the economy and the investment opportunities.
• Goal driven and results oriented enjoys being measured, and judged by financial and other performance targets.
• Personal Ethics: Must be honest, fair and just with self and others, and demonstrates integrity in work and business contacts
• Communication Skills: Excellent written and verbal communication skills and presentation skills.
• Interpersonal Skills: Must be a people’s person, with ability to interact with key contacts in finance sector.
• Proactive Initiator: Must be pro-active, a self-starter and have the ability to see, grasp and advice on opportunities