Credit Analyst Job in Nairobi Kenya

Our

client, Daraja Microfinance Bank (www.darajabank.co.ke) was licensed by Central

Bank of Kenya as a community Microfinance Bank for the Dagoretti Division,

since January 2015. 

Daraja’s

target market is the Micro and Small Enterprises (MSEs), their owners and

employees with the underlying goal being to help both individuals and groups

achieve their financial goals. As part of its strategic plan, Daraja Bank is

seeking to go national to be among Tier 1 MFBs in Kenya.
 

They

are seeking to recruit a highly talented professional to fill in the following

position in their Nairobi office:
 

Reporting

to the Credit Manager, the Credit Analyst will be responsible for undertaking

credit appraisals in order to ensure a quality loan book as well as making

recommendations to the Management on each credit proposal in accordance with

the Bank’s Credit Policy.

Principal Accountabilities:

• Review
  
  and make recommendations to the Credit Manager relating to all new
  
  facilities


• Responsible
  
  for extensive analysis of financials of the borrower(s) to establish their
  
  financial credentials


• Ensure
  
  critical risk monitoring of loan portfolio, highlighting specific action
  
  points for accounts in excess/over approved limits and loans in arrears



• Daily
  
  review of the overdraft referral list and loan arrears report and
  
  factoring the same in the analysis (for the existing customers);


• Prepare
  
  and check offer letters in line with the approval terms and conditions


• Prepare
  
  credit reports, statutory returns, manage risk and ensure compliance with
  
  bank’s credit policy and procedures


• Conduct
  
  risk profiles of various business sectors to act as guidance in
  
  assessments of related credit applications


• Analyze
  
  the loan book in terms of credit risk exposures to the bank and provide
  
  advice on courses of action for individual facilities


• Ensure
  
  compliance of all internal and regulatory credit/other portfolio related
  
  policies


• Ensure
  
  timely submission of quality Quarterly Credit Reports

Key Skills and Qualifications:

• Bachelor’s
  
  degree in Finance or Accounting or related field


• Professional
  
  qualifications – CPA (K) / ACCA


• Minimum
  
  of 3 years’ experience in credit analysis in a financial institution


• Strong
  
  analytical and problem solving abilities, highly numerate and inquisitive.

Interested candidates are requested to forward their updated CVs

to recruit@virtualhr.co.ke by 9th May 2016 stating their current and expected

remuneration, daytime telephone contacts and addresses of three referees. 

Only

shortlisted candidates will be contacted.