Credit Risk Analyst- SME at Equity Bank Kenya

Job Purpose:

The purpose of the job is to enhance the quality of the SME portfolio by ensuring that quality checks are introduced in the processing of SME applications.  Credit Analyst at Equity Bank Limited (K) will serve as a loan analyst for borrowing requests from branches. This will include conducting the credit risk analysis and review on credit transactions and preparation of loan sanction write ups and summaries along with recommendations and presentation of the same to the credit committees. Additionally, the role will introduce quality checks to ensure that SME loans are established properly in the system and the production of management reports for monitoring.

Key Accountabilities:

• Complete a thorough, in-depth analysis of new credit requests by use of Finales, credit change requests, renewals and restructure and make recommendation for presentation to the Credit Committee
• Undertake Industry analysis ;-key economic characteristics, historical context, profit drivers, business risks
• Ensure all risk areas for customers/businesses are identified and duly mitigated during the appraisal process e.g. Default (Credit) Risk, Operational Risk, Market Risk, Regulatory Risk, Reputational Risk etc in addition to PESTEL & SWOT Analysis.
• Deliver quality, detailed credit analysis while providing efficient, timely service to customers
• Achieve Turn-Around-Times (TATs) per agreed Service Level Agreements (SLAs) for assessment of Credit Applications referred to Credit Risk from branches.
• Ensure that all credit files are complete, identify any documentation deficiencies, and report to Branch leadership and CAD as needed for timely resolution.
• Review of excess request due to inward cheques on a timely manner while mitigating on credit risk.
• Make recommendations for credit policy review (at product and/or process levels.
• Training of branch staff & adopting branches for mentorship and supporting is in resolution of issues that may arise from time to time.

Qualifications and Experience: 

Education qualifications

• Bachelor’s degree preferably in business, finance or accounting. 

Years of experience

• 8 Year experience in Credit of which three years should be in Business Banking or Branch Head of Credit

Professional qualifications required

• AKIB/ACIB CPA, ACCA, Credit Management or CFA would be an added advantage. 

Key Competencies and skills

• An in-depth knowledge of the bank’s products relating to all credit products
• A good knowledge of the bank’s credit policy and credit charter.
• A good knowledge of CBK’s prudential guidelines as pertains to lending.
• A good knowledge of the Bank’s operating procedures and approval process
• A general knowledge of the Bank’s vision and focus especially in relation to Business development and Management of risks
• Must be able to understand financial data (Balance Sheets, Income Statements, Cash Flow Statements, Financial Ratios, etc.) and the trends to determine business financial soundness and viability and apply those skills as they pertain to the loan underwriting process.
• A good understanding of current issues including macro and micro economic environment.
• Must be organized, efficient, and able to work independently and be detail oriented in order to generate accurate reports.
• Attention to Detail is Key: Regard for all important details to assure accuracy in every transaction performed; detect errors; follow through on corrections and meet strict deadlines.
• Ability to effectively manage one’s time to complete work according to established deadlines
• Able to adjust quickly to different work situations; remain composed under pressure and stressful situations.
• Principled and self-confident.