ROLE ACTIVITIES
Credit Assessment:
- Analyze financial statements, credit reports, and other relevant data to assess the creditworthiness of loan applicants.
- Evaluate the financial health of businesses and individuals, identifying potential risks and opportunities.
Risk Analysis:
- Conduct thorough risk assessments, including qualitative and quantitative analysis, to determine the probability of default.
- Assess the impact of macroeconomic factors, industry trends, and market conditions on the applicant’s credit risk.
Loan Recommendations:
- Prepare detailed credit reports and make recommendations to approve or decline loan applications based on the analysis.
- Present findings and recommendations to credit committees or senior management.
Portfolio Management:
- Monitor the performance of existing loans and portfolios, identifying signs of deterioration or improvement in credit quality.
- Recommend actions to mitigate on assigned portfolios.
Documentation and Compliance:
- Ensure that all credit analyses and decisions comply with institutional policies and regulatory requirements.
- Maintain accurate records of all assessments, decisions, and communications.
Collaboration with Relationship Managers:
- Work closely with relationship managers to understand client needs and provide tailored credit solutions.
- Support relationship managers in structuring credit facilities that align with both client needs and risk policies.
Continuous Improvement:
- Stay updated on changes in regulations, industry practices, and market conditions to refine credit assessment techniques.
- Participate in training and development programs to enhance credit analysis skills.
QUALIFICATIONS & EXPERIENCE
- Bachelor’s degree in finance, accounting, economics, or a related field is preferred.
- 5 years of experience in credit analysis, financial analysis, or a related field within a financial institution.
- Experience with different types of lending such as commercial, agricultural lending is advantageous.
- Strong knowledge of financial regulations, accounting principles, and credit risk management.
Closing date: 31 December 2024