Credit Originator/ Analyst (Public Sector Institutions) at Equity Bank Kenya

Job Purpose: 

• Champion of the Borrow Pillar for the Bank & have Overall responsibility for Portfolio Growth, Income Generation and Portfolio Quality within PSIB
• Primarily responsible for proper structuring of Borrower needs/solutions that manage inherent risks associated with the portfolio and ensuring high quality portfolio.
• Closely work with the relevant stakeholders from origination, utilization to monitoring, playing a vital role in deal structuring to add-value from Business, Credit & Bank Policy perspectives.
• Preparation of PSIB Clients Partnership Proposals
• Participate and contribute to cross-selling the Bank’s products across other Pillars –BORROW, INVEST, INSURE, MOVE & SAVE (BIIMS).

Key Responsibilities

Deal Origination

• Accompany Relationship Managers & Product Specialists, as applicable, in Client visits to originate identified Borrowing needs with a view to seamlessly manage the onboarding process.
• Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.
• Work with relevant stakeholders in structuring credit solutions for the clients and ensuring the appropriateness of the products.
• Prepare and secure approval for Term Sheets, wherever required

Work with relevant stakeholders in: 

• Obtaining all deal pre-clearances i.e. KYC, AML/CTF Screening, ESG Review, CRB Check, etc.
• Deal Structuring and other relationship optimization initiatives
• Expediting approvals, Security Perfection & Facility Disbursement/drawdown.
• Portfolio Management, Monitoring & Reporting, as and when required
  • Responsible for end-to-end credit proposal process including preparing all the tools like environmental and social due diligence report, Scorecard, Finales, etc., in-depth analysis of value propositions & various risks, quality presentation and ensuring timely credit approval.
  • Ensure full compliance with all internal and regulatory credit/portfolio terms & condition

Post Deal Account Monitoring

•  Proactively, in conjunction with the Relationship Manager, follow-through for closure of security perfection, conditions with a view to timely disbursements, prompt repayments et al
• In partnership with the Relationship Manager, ensure timely identification of accounts to be downgraded to Watch status, as per the Bank’s policies and guidelines.
• Attend downgraded accounts (Watch status)/Portfolio calls along with the relevant stakeholders (DRU/Special Assets)
• Proper maintenance of Clients’ credit files and ensuring audit-ready always.
• Promptly carry out interim credit proposal reviews and amendments as the business demands
• Ensure timely facility renewals &/or justified extensions whilst not breaching required thresholds.
• Liaise with Credit Risk on Credit Proposals/Memos/Terms Sheets and other credit issues and ensure quick reverts/turnaround on queries.
• Prepare and seek periodic approval where applicable on Covenants and Risk Triggers report.

Others

• Effective use of ALL applicable Bank Systems
• Attend relevant business development fora, as required, to mine/convert opportunities.
• Assist in/Collaborate with other stakeholders to prepare industry-specific studies.
• Prepare Credit Opinion reports wherever required.
• Prepare timely Stress Tests, wherever required

Additional Responsibilities

• On request, participate in Bank & Group-wide HR and business initiatives and provide expert advice on Corporate Credit matters including any other matter that may be assigned by the Team Leader from time to time.
• Prepare PSIB Partnership Proposals after clients’ visits with the RMs
• Prepare MOUs for sign off by PSIB Clients in liaison with the RMs
• Participate in MOUs negotiations and follow up for signing purposes
• Tracking initiated PSIB Clients MOUs and Proposals
• Facilitating H2H integrations for the Segment
• Facilitating resolution of PSIB Queries and complaints within the SLAs

Qualifications

Academic:

• Bachelor’s degree from a recognized institution
• Master’s Degree is an added advantage.

Desired work experience:

• A minimum of 5 years’ relevant experience
• Good track record of credit analysis and financial understanding.
• In-depth knowledge of the local banking industry, banking products, banking services and banking regulations. Sound working knowledge and understanding of general commercial regulations and practices.

Key Skills and Competencies

• Credit Analysis
• Risk Management
• Industry Knowledge
• Networking Skills
• Follow Through