Credit Analyst at I&M Bank

Purpose:

• To achieve business growth in Business, Premium and Personal Banking by providing support to Business Banking /Personal Relationship Banking /Personal Banking Relationship Managers and Branch Managers; in the preparation of quality credit proposals for both existing and New to Bank business.

Primary Responsibilities:

• Conduct comprehensive and detailed analysis for both new to bank and existing customers covering both qualitative and quantitative measures regarding the customers’ business.
• Evaluate, analyse, interpret financial information, and undertake credit assessment in compliance with credit policy  guidelines  and  in  keeping  with  the  credit acceptance and set risk bearing limits.
• Ensure that all relevant policy, risk acceptance criteria and  credit  risk  appetite  requirements  have  been considered and met.
• Identify,  evaluate,  and  understand  risk  associated with individual transactions, products and borrowers and recommend appropriate mitigants.
• Ensure all credit proposals are optimally priced through application of the risk-based Pricing Model.
• Independently and accurately prepare the Credit Risk Rating (CRR) of a borrower.
• Ensure that all credit proposals are properly rated through application of the Environmental & Social Risk Management Policy, standards, and models.
• Responsible for accurate and timely management of client portfolios.
• Prepare daily work reports and any other reports that are required from time to time.
• Conduct training individual or group levels on credit analysis processes.
• Attend client visits with Relationship Managers where necessary, to ensure origination of quality credit applications and timely approval.

Person Specifications:

• At least 2 years banking experience in a lending/credit risk appraisal environment;
• Professional Qualification in financial analysis (ACCA, CPA or CFA), Banking ( AKIB) will be an added advantage.
• Good understanding of Credit risk policies and Product Policies and CBK prudential guidelines.
• Knowledge in legislation relating to perfection of securities and requirements by regulating bodies.