Credit Analyst

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Credit Analyst 1 Position
Old Mutual Group

Nairobi, Kenya

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Full-time
Accounting
Posted 1 week ago

Job Description

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management, and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.

Introduction

Working closely with the Senior Credit Analyst – Retail, he/she will ensure compliance with internal credit policies & procedures and facilitate prudent management of credit risks while ensuring compliance with the CBK prudential guidelines.

Minimum Requirements...

  • Business-related degree
  • CPA 2 would be an added advantage
  • 1-year experience in credit analysis in a Retail Lending environment, debt collection and recovery
  • Knowledge of alternative credit appraisal mechanisms and substitute securities like chattels mortgages, guarantors, stock, livestock, etc
  • Knowledge in accountancy an obvious advantage
  • Entrepreneurial thinking and experience
  • Passion and experience in dealing with low-income communities
  • Capacity and willingness to work for long hours and within strict deadlines
  • Excellent interpersonal skills
  • High degree of confidentiality
  • Analytical mind
  • Knowledgeable on the Financial services sector
  • Assertive
  • Fast in decision making
  • Honest
  • Highly organized
  • Creative and Innovative
  • Proactive
  • Good team player
  • Physically fit and versatile and able to work on a computer for long hours

Job Specification

KEY MEASURABLE GOALS

  • Management of credit risks through analysis and recommend retail loan approvals for facilities within the Institutions tolerable risk levels
  • Adherence internal credit policies and loan administration procedures
  • Ensure that the PAR of the Retail Portfolios within target
  • Ensure high turnaround time (TAT) for all retail proposals

KEY RESPONSIBILITIES

  • Analyze the Retail credit requests against the retail lending guidelines as a basis for making approval/decline recommendations.
  • Verify Compliance retail lending policy requirements through inspection of ability to pay, the fulfillment of retail MOU requirements and proper documentation ensure credit risk is adequately mitigated.
  • Review existing retail relationships and making recommendations to the management and quality retail lending.
  • Prepare draft board papers for the review of any retail lending product facilities and guidelines for further review and further approval by the management.
  • Follow up with the branch's ensure fulfillment of ALL Retail MOU sanction conditions and other covenants prior to disbursement of the facilities.
  • Recommend policy reviews for customer service and risk management improvement based on experiences and industry trends.
  • Dany other duties that may be assigned by the Management.
Application Instructions

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Old Mutual Group
Old Mutual Group

Nairobi, Kenya

300 - 10000 people

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