JOB DESCRIPTION

• JOB TITLE: Credit Analyst
• REFERENCE INDICATOR:
• DIVISION: Credit Office
• DEPARTMENT/UNIT: Credit
• JOB GRADE: ABO
• VERSION NO.: 2

Job Objective(s)

The primary objective of the Credit Analyst is to support the Bank’s Credit and Risk Management functions by ensuring prudent and efficient credit risk assessment, regulatory compliance, and the provision of high-quality credit products. The role involves evaluating credit requests, assessing risk exposures, optimizing credit facilities, and ensuring adherence to internal policies and the regulatory frameworks set by the Central Bank of Kenya (CBK) and other governing bodies.

Duties & Responsibilities

1. Credit Assessment & Appraisal

• Review and appraise all credit requests (Retail, SME, Corporate, Public Sector, Financial Institutions) in line with internal and external policies.
• Conduct detailed financial statement analysis—including balance sheets, profit and loss accounts, and cash flow statements—to assess customer creditworthiness.

2. Compliance & Regulatory Adherence

• Ensure all credit applications comply with the bank’s credit policies, risk appetite, CBK regulations, and other applicable regulatory requirements.
• Process and domesticate all Credit Product Programs to ensure full regulatory compliance and alignment with market trends.
• Contribute to the development and refinement of credit policies and procedures to enhance efficiency and reduce risk.

3. Risk Management & Credit Monitoring

• Validate risk ratings for existing and potential clients and recommend risk mitigation strategies for high-risk exposures.
• Monitor and manage ongoing credit facilities, identifying early warning signs of potential default or financial deterioration.

4. Stakeholder Liaison

• Collaborate with Relationship Managers to identify opportunities for optimizing credit products and improving portfolio quality.
• Advise business units on appropriate structuring of credit facilities to ensure optimal risk-return profiles.
• Provide timely feedback to Relationship Managers and business units regarding credit applications, risk ratings, and compliance issues.

5. Reporting & Documentation

• Prepare and submit weekly, monthly, and quarterly reports on credit portfolio quality for senior management.
• Ensure all credit documentation is up-to-date, accurate, and compliant with audit and regulatory standards.

6. Continuous Improvement

• Participate in training programs and workshops focused on industry best practices, regulatory changes, and evolving market conditions.

Key Performance Indicators (KPIs)

• Turnaround Time (TAT): Maintain optimal processing time for credit requests while ensuring quality.
• Compliance Rate: Ensure full adherence to internal credit policies and external regulatory requirements.
• Portfolio Quality: Demonstrate minimization of NPLs and overall credit risk.
• Customer Satisfaction: Achieve high satisfaction ratings from internal and external stakeholders.
• Reporting Accuracy & Timeliness: Deliver timely, accurate, and comprehensive credit reports.

Job Requirements

Education

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• Master’s degree in a related field is an added advantage.
• Professional qualifications such as CPA (K), ACCA, or CFA are highly preferred.

Experience

• Minimum of 8 years’ banking experience, with at least 5 years in credit analysis, risk management, or similar roles.
• Experience across retail, SME, and corporate banking environments.
• Strong understanding of Kenya’s banking sector, economic environment, and CBK regulatory requirements.
• Demonstrated experience in complex credit assessments, risk ratings, financial analysis, and optimal security structuring.
• Experience underwriting facilities for Large Corporates, Mid-Corporates, and MSMEs is an added advantage.

Key Competency Requirements

Knowledge

• Strong understanding of credit analysis principles, financial statement analysis, and industry standards.
• In-depth knowledge of Kenyan banking regulations and CBK Prudential Guidelines.
• High proficiency in Microsoft Excel and other analytical tools; familiarity with banking systems is an advantage.
• Deep understanding of the Kenyan economy and its influence on credit risk and banking operations.

Skills & Competencies

• Strong credit risk assessment and mitigation capabilities.
• Excellent analytical skills with the ability to interpret financial data for decision-making.
• Strong verbal and written communication skills for effective interaction with internal teams, customers, and regulators.
• High attention to detail and accuracy in financial analysis and reporting.

How to Apply