CREDIT ANALYST – MSME
Lets Write Africa’s Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
JOB PURPOSE STATEMENT
Working closely with the Manager MSME Credit Analysis 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. He /she will also ensure that all SME Credit proposals from the branches are reviewed for credit risks in accordance with internal policies and procedures, CBK prudential guidelines and best practice .He /she shall safeguard the institution against loss by ensuring accuracy, completeness and credit worthiness of SME proposals, recommend appropriate risk mitigation mechanisms such as proper securities and their perfection, relevant sanction conditions and post disbursement follow ups.
KEY MEASURABLE GOALS.
Management of credit risks through analysis and recommend approvals for facilities within the Institutions tolerable risk levels Adherence to internal credit policies and loan administration procedures Ensure that the PAR of MSME Portfolio is within target Ensure high turnaround time (TAT) MSME Credit proposals
KEY RESPONSIBILITIES.
- Analyze the MSME Credit requests against all the canons of lending (Character, Capacity , Conditions , Capital , and Collateral ) as a basis for making approval / decline recommendations
- Support credit facilities for approvals based on 1 above and ensure accuracy and compliance by relevant Head office Credit Committees
- Support Branches in packaging of facilities when required
- Conduct site visits for construction to enable trach disbursement when required
- Prepare draft board papers for facilities requiring approval by the Board Credit Management Committee of the board for further review by management at Credit Administration departments
- Review Solve chain applications for completeness of documents and limit allocation in the platform
- Follow up with the branches to ensure fulfillment of ALL sanction conditions and other covenants prior disbursement of the facilities.
- Support Retail credit teams by review and approvals of Retail facilities on need basis using the canons, policy and product fact sheet(retail, Staff and OM)
- Adoption of Valuation reports based on Policy discounted margins and acceptable collaterals and submission security perfection officer
- Recommend policy reviews for customer service and risk management improvement based on experiences and industry trends.
- Adhere to all the due diligence measures when establishing customer relationships as enshrined in the Bank’s AML, KYC & CFT policies, procedures and guidelines.
- Facilitate training on Credit as to when required to existing and new staff
- Undertake annuals financial spreads for FIs to enable allocation of counter party treasury limits
- Do any other duties that may be assigned by the Management.
- The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.
Education
Business related degree
Desirable
Credit Risk Management Course
Knowledge and Skills
- 2 year experience in credit analysis in an SME environment, debt collection and recovery.
- Knowledge in accountancy an obvious advantage
Personal Attributes
- 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
Performs simple clerical duties by applying office procedures including answering calls, managing basic financial transactions and recording, typing or word processing, filing, and other ad-hoc activities to increase efficiency.
Responsibilities
Administration
Produce, update, and provide best practice support on Microsoft documents, databases, and other departmental systems. Tasks may include purchasing materials, entering budgetary information, and recording time and expenses.
Document Management
Create, organize, and maintain files containing the correspondence and records of a senior colleague.
Document Preparation
Prepare routine letters, memoranda, reports, and similar documents following detailed instruction. This is likely to involve using the full range of functions within standard office software.
Work Scheduling and Allocation
Organize own work schedule in order to get the job done, coordinating with support services and assigning short-term tasks to others if necessary.
Operations Management
Carry out operational tasks by following established processes. This will involve adjusting multiple settings or parameters to meet performance standards.
Internal Client Relationship Management
Help manage internal client relationships by supporting others to build effective working relations.
Operational Compliance
Develop working knowledge of the organization’s policies and procedures and of regulatory codes and codes of conduct relevant to own work, adhering to mandatory procedures to ensure own work is undertaken to the required standards.
Data Collection and Analysis
Extract relevant data from information provided by others, and input it into spreadsheets or standard formats.
Personal Capability Building
Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.
Skills
Action Planning, Client Management, Computer Literacy, Database Administration, Desktop Publishing (DTP), Executing Plans, Management Reporting, Network Administration, Numerical Aptitude, Office Systems, Oral Communications, Policies & Procedures, Report Review, Resource Scheduling
