Credit Analyst

Do you want to advance your career as a Credit Analyst?

A credit analyst Conducts credit assessments, loan portfolio analysis and prepares Credit Risk Management reports

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.

ESSENTIAL DUTIES AND 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.
• Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender.
• Interprets tax returns, public and private corporations’ financial statements and input financial data into computer generated spread model.
• Consult and work in tandem with Loan Officers in gathering appropriate documentation to resolve credit quality issues.
• Conduct pre/post disbursement field visits to ascertain existence of the clients, businesses applying for loans, verify the quality of collateral pledged.
• 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.

QUALIFICATIONS

• Diploma or Degree in Banking & Finance, Business Administration, Economics, or any other related business field
• 2 years’ relevant work experience in the same capacity with either Micro-Finance Institution or Commercial Bank.