Financing Analyst at First Community Bank

Job Summary

The overall objective of the analysts is to ensure that the financing proposals are complete, correct and consistent with Bank’s established policies/procedures and are within the Shari’a and CBK prudential guidelines.

Key responsibilities

• Ensuring that the financing proposals are complete, correct and consistent with Bank’s established policies/procedures and are within the Shari’a guidelines and CBK prudential guidelines.
• Preparation of required statutory reports (CBK & CRB) and other reports as may be required by the bank’s management.
• Supporting business units with on time responses and ensuring set TAT are achieved and maintained;
• Instituting and overseeing the timely disbursement of facilities while ensuring adequate controls.
• Scrutiny of all required docs for the facility i.e. Check for :
• Customer’s application letter and required documents
• KYC documents e.g national ID, Pin etc
• FLP
• Maintain record and track of the facility applications.
• Verify and prepare post LOO functions.
• Conducting competitor analysis and research to ensure continued market competitiveness and relevance of the bank.
• Keeping the relationship of branch financing officers abreast of the key financing issues/changes so as to improve relationship management.
• Supporting business units branch disbursement bookings on time responses and ensuring set TAT are achieved and maintained
• Maintaining a high quality of the assigned financing portfolio and the entire asset book with proper risk evaluation, proposition of timely corrective action to secure Bank’s interest.
• Timely tracking and follow ups of Facility proposals emanating from the business units for next level of approval within the agreed turnaround times.
• Undertaking other tasks as assigned from time to time by Head of Financing, immediate supervisors and other Management Team of the bank.

Requirements

Qualifications:

• Hold a Bachelors Degree in Business, Accounts related, Administration or related field. Masters degree an added advantage.
• Diploma in Banking and/or Professional Banking/CPA (K) qualifications a plus.
• Have a minimum of Five (5) years relevant work experience, with proven result oriented track record.
• Have strong customer service orientation/experience.
• Experience in Business development and banking operations

Competencies & Attributes:

• A thorough understanding of the Bank’s financing policy and CBK prudential guidelines.
• Interpersonal skills to effectively communicate with and manage expectations of customers and other stake holders.
• Analytical skills, understanding and interpretation of facilities as structured and options available in the process of structuring plans for turning around non-performing loans.
• Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks.
• Planning and organizing skills for effective planning and execution of tasks and deliverables within timeframes and budget.
• Excellent written and oral communication skills for effective relationships with different stakeholders;
• Quality orientation to ensure consistency in adhering and uphold performance standards for Service Level.
• Agreements and quality of documentation.
• Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.