Corporate Credit Analyst at Co-operative Bank of Kenya

Ref: CCA/CMD/2023 

The ideal candidate is one who has been a top performer with a proven track record of accomplishments in previous roles, who will be a key contributor in a high-energy growth environment. The candidate’s work history should demonstrate ability to thrive in a fast-paced environment, dealing with complex & ambiguous financial situations.

Reporting to the Head – Corporate Credit Risk Analysis Department, the role-holder will receive proposals from business units, analyze the proposals and recommend as appropriate for credit decisions. The role will also entail analyzing Banks and financial institutions with whom the bank has dealing lines, Special Projects and Co-operatives. The role holder will also be responsible for monitoring portfolio for any signs of stress and initiate corrective measures.

The role

The successful jobholder will be expected to:

• Receive and analyze credit proposals from business units and make a decision, thereafter advice the business unit of the decisions same day.
• Recommend appropriate credit decisions to Credit approvers for final decision.
• Escalate unusual issues or issues raising concern to the Head – Corporate Credit Risk Analysis Department.
• Keep up to date records of all cases received, analyzed and decisions by prompt update of tracker.
• Keep abreast with economic, industry and business trends to facilitate quality analysis of credit applications.

• Document issues identified as causes of weak appraisals from business units – both policy and procedure.
• Train business units credit staff on credit analysis procedures
• Ensure all lending proposals are within the bank’s credit policy & lending guidelines and escalate any exceptions
• Ensure any policy breaches are properly authorized at the correct level.
• Monitoring assigned portfolio for any signs of stress and initiate corrective measures.
• Highlight to Head – Corporate Credit Analysis Department any necessary changes to the Bank’s credit policy and procedures.

• Provide timely and clear responses to the various business units as per the agreed SLAs.
• Maintain professional and technical knowledge by attending and contributing to training programs, educational workshops, reviewing professional publications, establishing personal networks, participating in professional structures & studies.
• Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as   per the   relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.

Qualifications, Skills & Attributes

The successful jobholder will be required to possess the following qualifications:-

• A university degree in a Business-Related field from a recognized university with at least 3 years banking experience in a credit related function.
• A thorough knowledge of the Bank’s credit policy and lending guidelines with good understanding of related products and services Plus Credit & Financial analytical skills.
• Ability to identify, analyze, condense and articulate complicated ideas and findings briefly and clearly.     
• A good knowledge of business trends and the business environment.
• A general awareness of the Bank’s vision and focus especially in relation to Business Development & management of risks.

Job expires on 28th February, 2023.