Credit Analyst - Faulu at Old Mutual Kenya

Introduction

Working closely with the Senior Credit Analyst – Retail, he/she will ensure compliance with internal credit policies & procedures and facilitate prudent management of credit risks while ensuring compliance with the CBK prudential guidelines.

Minimum Requirements...

• Business related degree
• CPA 2 would be an added advantage
• 1 year experience in credit analysis in a Retail Lending environment, debt collection and recovery
• Knowledge of alternative credit appraisal mechanisms and substitute securities like chattels mortgages, guarantors, stock, livestock etc
• Knowledge in accountancy an obvious advantage
• Entrepreneurial thinking and experience
• Passion and experience in dealing with low income communities
• Capacity and willingness twork for long hours and within strict deadlines
• Excellent interpersonal skills
• High degree of confidentiality
• Analytical mind
• Knowledgeable on the Financial services sector
• Assertive
• Fast in decision making
• Honest
• Highly organized
• Creative and Innovative
• Proactive
• Good team player
• Physically fit and versatile and able twork on a computer for long hours

Job Specification

KEY MEASURABLE GOALS

• Management of credit risks through analysis and recommend retail loan approvals for facilities within the Institutions tolerable risk levels
• Adherence tinternal credit policies and loan administration procedures
• Ensure that the PAR of the Retail Portfoliis within target
• Ensure high turnaround time (TAT) for all retail proposals

KEY RESPONSIBILITIES

• Analyze the Retail credit requests against the retail lending guidelines as a basis for making approval / decline recommendations.
• Verify Compliance tretail lending policy requirements through inspection of ability tpay, fulfillment of retail MOU requirements and proper documentation tensure credit risk is adequately mitigated.
• Review existing retail relationships and making recommendations tthe management taid quality retail lending.
• Prepare draft board papers for review of any retail lending product facilities and guidelines for further review and further approval by the management.
• Follow up with the branches tensure fulfillment of ALL Retail MOU sanction conditions and other covenants prior tdisbursement of the facilities.
• Recommend policy reviews for customer service and risk management improvement based on experiences and industry trends.
• Dany other duties that may be assigned by the Management.