Credit Analyst
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Experience Required:
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Job Summary
Koins Bank a member of Primera Africa Group is a fully licensed microfinance bank dedicated to providing innovative financial solutions to businesses and individuals. Our goal is to enhance financial inclusion by offering a comprehensive suite of services tailored to meet the diverse needs of our clients. The bank is hiring an entry level Credit Analyst.
Job Description/Responsibilities:
Financial Statement Analysis:
- Analyze financial statements credit reports and other relevant data to assess the creditworthiness of SME and private loan clients.
- Ascertain the Profitability Liquidity and Leverage ratio of the business to determine repayment capacity.
- Recommend eligible loan amounts for approval Credit Risk assessment
- Evaluate credit risk associated with loan request and provide recommendations on credit limits terms and condition.
- Evaluate economic socio political and regulatory factors that may affect the continuity or operations of the loan client.
Collateral Recommendation:
- Recommend appropriate collateral mix acceptable by the bank to act as a buffer in the event of loan default
- Ensure assets to be pledged as collateral are adequately valued by the Banks accredited valuers.
- Ensure the value of the asset to be pledged as collateral meets the Banks stipulated collateral coverage.
Loan Interview
- Communicate with clients to gather financial information clarify credit report discrepancies and provide credit decisions.
- Visit the clients business premises for advanced due diligence depending on the loan amount or threshold set by the bank.
Loan performance Review and Reporting
- Review the performance of loan portfolio on a monthly basis
- Generate a report to Management showing the collection efficiency rate of SME and private loans processed monthly.
Requirements / Qualifications
Bachelors degree/HND preferably in Banking and Finance Accounting Business Administration Economics. (other disciplines can be considered)
Minimum of 2 years experience as a credit analyst.
Leave Allowance
Hybrid Work model
Comprehensive medical coverage for employee and family
Competitive salary
13th month salary
Required Skills:
Minimum any social science discipline (Business Administration Marketing Banking & Finance Economics or related courses). 5 years and above of experience in similar field Professional certification in ICAN ACCA RIMA is preferred
Required Education:
Bachelors Degree from an accredited University. A post graduate degree in Business Administration will be an added advantage
