Retail Credit Analyst job at HF Group
Website :
5 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Retail Credit Analyst

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

HF Group

Deadline of this Job:
03 December 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Thursday, November 24, 2022 , Base Salary: Not Disclosed

Similar Jobs in Kenya
Learn more about HF Group
HF Group jobs in Kenya

JOB DETAILS:

Overall Job Purpose
To support the Business team in channelling out quality credit applications.

Principal Accountabilities
Relationship Management
• Providing an interface between the bank, existing and prospective customers in order to maintain good customer relations, so as to meet customer needs within the strategic objective of the bank.
• Overseeing the relationship management of assigned customers through maintenance of an effective call program.
• Make recommendation for existing and prospective customers under the various loan products and submit to the appropriate final authority within established turnaround time.
• Run with a customer experience initiative to build customer loyalty for allocated portfolio.
• Attend expeditiously to queries / routine correspondence generally emanating from Clients, Credit Administration, Risk Control, branches and customers.
• Obtain account statistics and profitability figures for facilities review/appraisal purposes and ensure that information provided is accurately completed and that relevant remarks are incorporated in the credit proposal.

Credit Appraisals
• Prepare and submit credit proposals in conformity with Credit Policy guidelines and requirements in liaison with the Relationship Managers and to maintain a high standard of credit analysis.
• Collect and analyse vital data on clients i.e. annual reports, management accounts, interim reports, industry reports and all press cuttings etc. to acquire in-depth knowledge which will facilitate comprehensive review of assigned accounts relationships and relationships assigned to the Relationship Managers.
• Obtain account statistics and profitability figures for facilities review/appraisal purposes and ensure that information provided is accurately completed and that relevant remarks are incorporated in the credit proposal.
• Review all existing clients’ facilities on time.
• Prepare excess approval requests/notification for all excesses

Operations & Audits
• Daily monitoring of accounts to ensure operations within the approved limits.
• Taking remedial action by pursuing customers on regularization of overdrawn positions.
• Preparations of excess requests/notification for all excesses and follow up for sanctions by approving authorities.
• Prepare Alco report every end-month.
• Confirmation of Interest rates every end of month.
• Prepare assigned portfolio monthly reports on a timely basis as is required from time to time for sign off by RMs.
• Issuance of disbursement instructions to Credit Operations and Trade Services within approved facilities.
• Give instructions to un-pay cheques when accounts are underfunded in consultation with RMs.
• Attend to audit queries, perform snap-checks monthly and ensure that any anomalies/exceptions are sorted out.
• Ensure instructions to our lawyers are sent out by securities department to proceed with perfection of securities.
• Continuous follow-up with Securities department to ensure timely documentation and perfection of securities.
• Ensure compliance with security perfection e.g., payments of land rent and rates, insurance etc.

Income generation & Cost Containment
• Supporting the RMs to achieve set income targets (Interest income and non-interest income)
• Undertake RM’s responsibility when the RM is away.
• Ensure all income is collected.
• Keep telephone conversations brief and concise.
• Optimal use of stationery and recycle where applicable.
• Cross-selling other Bank Products.

Minimum Qualifications, Knowledge and Experience
• Minimum of 4 years’ experience in banking and financial analysis 2 of which must be credit department or credit related area.
• CPA qualifications
• Credit Management, Accounting or Banking Qualification (AKIB)
• Knowledge of Credit and Operation
• Computer /IT skills, including knowledge of Microsoft office applications e.g., Word; Excel; PowerPoint etc.
• General knowledge in banking processes.

Key Competencies and Skills
• Corporate Competence: Working knowledge of the Bank’s products, the Bank’s Credit policy and CBK Prudential Guidelines.
• Financial analysis Skills: Ability to analyse and/or interpret financial statements, and advice accordingly.
• Analytical business and investment appraisal Skills: Keen to detail and able to conceptualize financial investment proposals and provide viable solutions.
• Technology Skills: Computer literate with proficiency in computerized financial analysis applications.
• Industry knowledge: Candid knowledge of the various sectors of the economy and the investment opportunities.
• Excellent written and oral communication skills.
• Excellent interpersonal skills with the ability to effectively work with individuals and groups at all organization levels; ability to work independently and as part of a team.
• Excellent customer service skills with the ability to respond to inquiries or complaints effectively and timely.
• Ability to take initiative and prioritize tasks; good time-management, organization, problem-prevention and problem-solving skills.
• Basic analytical ability with active listening skills.

Work Hours: 8


Experience in Months: 48

Level of Education:
Bachelor Degree

Job application procedure
Interested and qualified? Click Here To Apply


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 03 November 2022
Duty Station: Nairobi
Posted: 24-11-2022
No of Jobs: 1
Start Publishing: 24-11-2022
Stop Publishing (Put date of 2030): 24-11-2066
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.