Credit Analyst Job Family Bank

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Family Bank is seeking to recruit a highly motivated and detail-oriented Credit Analyst to join our dynamic Credit Department. In this role, you will play a critical part in evaluating and analyzing credit proposals, conducting thorough financial and risk assessments, and supporting sound credit decision-making for our corporate clients.

Reporting To: Manager- Credit Analysis.

Job Purpose:

Analysis and approval of credit facilities to mitigate credit risk by ensuring compliance with laid down bank lending policies and procedures

Key Responsibilities:

• Assessing and approving facility applications within discretion limits, ensuring adherence to Policy and making recommendations to higher authority for facilities above personal discretion limit
• Analyse Credit Applications critically and make prompt & correct decisions as per the policies guided by CBK prudential guidelines.
• Ensure compliance with service standards as per SLA terms to support business growth and ensure efficient turnaround time (TAT) on facility approvals and in the event of delays, ensure appropriate escalation.
• Review the performance of the loan book.
• Conduct training for Consumer credit officers
• Providing leadership to Consumer credit staff in Head office
• Ensuring Maintenance of staff facilities in the Flexcube system; and amendments as required [Disbursement, Loan Amounts, Interest Rates, Tenor, and Security].
• Provide advice/coaching/guidance/training on all aspects of credit policy and procedures, as may be required by Credit team, Credit Unit Business teams and Branch Credit teams.
• Participate actively in system improvement/implementation process; giving user requirements and critique the system
• Guide all credit officers and managers on policy matters on day to day works.
• Handle queries relating to system issues [interest rates amendments, loan restructure in system].
• Preparation of facility letters, security/collateral documentation checklists, conditions checklists.
• Document and update procedures for the role on annual basis.
• Ensure full compliance to the bank’s lending policies and procedures and with compliance with the Central Bank’s prudential guidelines.
• Any other official duty that may be allocated from time to time.

The Person:

The ideal candidate must possess the following:

Qualifications/Experience:

• Hold a bachelor’s degree in business, Accounts, Finance or related field.
• Professional Credit or Accounting qualifications a plus.
• Have a minimum of three (3) years’ practical experience with proven result-oriented and a track record in recoveries.
• Experience in banking & legal background a plus

Competencies/Attributes:

• Personality: A go-getter, good negotiator, enthusiastic, results oriented with excellent communication and social skills. A forward planner with clear focus, mature, reliable, hardworking and able to work without supervision.
• Sound knowledge of the Bank’s policies and procedures
• Management ability: Responsibility and ability to grow, support and develop talent within the Credit Analysis Unit.
• Computer skills: adept in use of Ms Word, Excel, Access, PowerPoint, Internet and email.
• Honest and with high integrity
• Ability to interpret Financials and make sound decisions out of it.
• Keen to details.
• Innovative and creative.
• Ability to take personal initiative and work with minimal supervision

Must Read>>>Why Strong Candidates Still Don’t Make It Past The Interview Stage

How to Apply

ALL applicants MUST apply online to the email; recruitment@familybank.co.ke; closing date is 16th January 2025.

Canvassing will automatically disqualify the candidate. Only shortlisted candidates will be contacted.

“We are an equal opportunity employer”