Retail Credit Analyst job at HF Group
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548 Days Ago
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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

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

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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

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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
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