Credit Analyst

Job Summary

• Conduct credit assessments, loan portfolio analysis and prepare Credit Risk Management reports.

Key responsibilities

• Analyze financial data regarding loan requests for new, renewal and existing loans, including data provided by credit bureaus, other financial institutions and approve loans within the approval mandate.

• Prepares spread sheets, reports, summaries and opinions for FINCA Zambia loan portfolio on new, renewal and existing loans.

• Works with examiners and third party vendors and make recommendations for credit rating

• Performs credit inquires for the financial institution as requested.

• Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender.

• Interpret tax returns, public and private corporations’ financial statements and input financial data into computer generated spread model.

• Track and review interim and annual financial information on existing customers

• Consult and work in tandem with Loan Officers in gathering appropriate documentation to resolve credit quality issues.

• Recommend and monitor borrower adherence to loan covenants

• Prepare and track risk management reports, commercial loan portfolio concentration reports, real estate appraisal evaluations, and audit portfolio administration.

• Prepare regular scheduled Credit reports and presentations for Management, CRMC, and BCRMC.

• Conduct pre/post disbursement field visits to ascertain existence of the clients, businesses applying for loans, verify the quality of collateral pledged.

• Update and monitor Credit key risk indicators and ensure appropriate remedial actions/strategies are developed and implemented for any adverse trends.

• Assist in development and ongoing review of risk appetite, policy, procedures and limits to ensure exposure to potential risks is mitigated.

• Develop a subject matter expertise in the area of digital innovation and assessment of mobile loans through the use of credit scoring mechanisms.

• Any other duties as assigned by the Supervisor.

Competences

• To perform the job successfully, an individual should demonstrate the following competencies:

• A good understanding of Credit Risk Management practices in a financial Institution.

• Practical knowledge of Credit evaluation in a Financial/Banking sector

• Financial analytical skills.

• Good interpersonal skills to effectively communicate with the various stakeholders.

• High proficiency in the use of computer applications for capture and analysis of information.

• Knowledge and effective application of all relevant policies, processes, procedures and guidance to consistently achieve required standards or benchmarks.

• Real motivation to work and grow in a challenging environment.

• Teamwork – Balances team and individual responsibilities; able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.

Job Requirements

Experience & Qualifications

• A degree in Business Studies – Accounting, Banking, or Equivalent.

• 2 years’ relevant work experience in the same capacity with either Micro-Finance Institution or Commercial Bank.

• Key deliverables

• Logical framework for Credit reporting and impact analysis

• Timely and quality Credit reporting

• Credit assessments within agreed Turn Around Time (TAT)

How to Apply

Send your applications to the link below: