Credit Analyst at Old Mutual Kenya

Job Description

• Working closely with the Senior Credit Analyst 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. He /she will also ensure that all Credit proposals from the branches are reviewed for credit risks in accordance with internal policies and procedures, CBK prudential guidelines and best practice .He /she shall safeguard the institution against loss by ensuring accuracy, completeness and credit worthiness of proposals, recommend appropriate risk mitigation mechanisms such as proper securities and their perfection, relevant sanction conditions and post disbursement follow ups.
• Analyze the Credit requests against all the canons of lending (Character, Capacity , Conditions  , Capital , and Collateral  ) as a basis for making approval / decline recommendations
• Prepare the Sanction sheets and offer letters based on 1 above and ensure accuracy , completeness and neatness of the same for further approval by relevant Head office  Credit Committees
• Prepare draft board papers for facilities requiring approval by the Risk Management Committee of the board  for further review by management at Credit Administration departments Follow up  with the branches to ensure fulfillment of ALL sanction conditions and other covenants prior disbursement of the facilities
• Submission of securities to security perfection officer within 12 hours of receipt from branches for further advise to legal department
• Recommend policy reviews  for customer service and risk  management improvement based on experiences and industry trends
• Do any other duties that may be assigned by the Management.