Credit Analyst

JOB PURPOSE

The Credit Analyst will be responsible for independently assessing credit risk and serving as a proactive risk assessor in line with the SACCO’s credit policy, risk appetite, and regulatory requirements for all loan applications prior to processing and approval.

MAIN RESPONSIBILITIES OF THE JOB

• Independently assess credit risk and evaluate the financial performance of borrowers through income analysis, cash flows, debt obligations, guarantor strength, and collateral adequacy.
• Apply quantitative and qualitative risk factors to determine appropriate risk ratings for loan applications and portfolios.
• Prepare clear and comprehensive credit appraisal and risk review reports with recommendations for approval, decline, restructuring, or deferment.
• Act as a mandatory independent risk gate for all loan applications prior to approval and processing.
• Identify early warning indicators, policy breaches, concentration risks, and emerging credit risks, and recommend appropriate mitigants.
• Escalate policy exceptions, high-risk exposures, restructures, repeat top-ups, and large facilities to the appropriate approval authority
• Conduct independent risk reviews and provide expert feedback during the structuring of credit facilities.
• Present credit risk opinions, residual risks, and recommendations to the management to support informed decision-making.
• Monitor and report on credit limits, borrower exposures, sector concentrations, and portfolio performance trends.
• Contribute to periodic credit risk and portfolio reports through timely and accurate data submission.
• Contribute to the development and review of credit risk management policies, procedures, and underwriting standards.
• Ensure accurate capture and maintenance of credit data within the core banking and credit management systems.
• Train new loan processing assistants to equip them with knowledge and skills to effectively perform their roles.
• Any other duty that may be assigned by the Management from time to time

KNOWLEDGE, SKILLS AND EXPERIENCE

Minimum level of academic qualifications required for the role:

• A Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field.
• Successful candidates will be required to meet the requirements of Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.

Minimum level of professional qualification required for the role:

• Must have a Professional certification in CCP (Certified Credit professional)
• A professional qualification in risk related certifications/CPA K/ACCA
• A registered member of ICPAK or relevant professional body

Minimum number of years of experience required

• Experience Credit Analysis in regulated financial institutions.
• At least 3 years’ experience in credit management

How to Apply

Interested candidates are encouraged to review the vacancies above and apply using the respective application links.

After completing the online application form, applicants should send their detailed curriculum vitae, copies of academic and professional certificates, and relevant testimonials to recruitment@mhasibusacco.com. The email subject should clearly indicate the position applied for.

Deadline: 10th April 2026 at 5.00 pm