Credit Analyst at Caritas Microfinance Bank

Reporting to the Credit Manager and assists in overseeing and implementing the Bank’s

Risk Management & Compliance framework

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

• On-boarding good quality credit facilities to support business growth
• Ensuring adherence to the Bank’s credit policy and the CBK prudential guidelines in lending
• Responsible for timely, error & fraud-free review of customer facility requests
• Ensuring adherence to the SLAs relating to completion and progression of credit applications; Ensuring the correct securities are stated in all the credit applications and any gaps on securities are escalated to the Head of Credit Risk Management, and Legal for corrective
• Effective organization and follow up on action points of various Credit Risk Committee
• Ensuring the unit SOP is up to date and
• Monitoring conditions of approval of
• Ensuring proper filing and archiving of all documentation generated from processing transactions within the unit
• Ensure critical risk monitoring for compliance with all statutory requirements and monitor the entire Company’s Portfolio, highlighting specific action points for accounts in excess/over approved limits, and loans in arrears
• With the help of periodical diaries from the Credit Administration unit, monitor and control pre-&post-approval -financial and non–financial covenants/conditions and compliance therein
• In conjunction with the Credit Administration unit, provide the relevant input information & coordinate the updating of the Bank’s Core Banking System for purposes of compiling periodic Corporate Credit Risk Management Reports as per CBK &the Bank’s Credit Risk policies/requirements
• Review and propose risk rating grades and ensure the pricing mirrors the inherent risks in all application proposals
• Filing of all credit approvals with the relevant supporting documents
• Preparation of letters of offer and ensuring they incorporate all approval conditions/covenants and security documents as stated therein, before final sign off
• Manage the disbursement process to ensure it is as per the parameters set out in the approval
• Handle credit related customer queries to their satisfaction
• To perform any other duty as assigned in line with the organization goals and objective

Qualifications & Experience

• A Bachelor’s degree in a business-related field
• Professional accounting/banking accreditation e. CCP, CFA, ACCA or CPA will be an added advantage
• 3-5 years’ experience in the Banking sector Competencies & Skills
• Ability to critically analyze financial data
• Knowledge of banking operations, products, processes, and regulations
• Excellent judgment and fact-based decision-making abilities
• Ability to maintain composure under high-pressure situations and deliver results in a timely manner
• Excellent written and verbal communication
• Strong interpersonal skills