Job Title: Credit Risk Analyst
Hiring Organization: Trade and Development Bank Group
Location
– Locality: Nairobi
Location
– Region: Kenya
Industry:
Financial Services
Job
Type: Full Time
Salary:
KES Competitive
Date
Posted: 02/02/2024
Background
Established
in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB
Group) is a multi-lateral, treaty-based, investment-grade development finance
institution, with 41 sovereign and institutional shareholders and assets of
approximately USD 8 billion. TDB Group currently serves 25 economies in
eastern, southern, and western Africa regions, with the mandate to foster
trade, regional economic integration, and sustainable development.
TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB’s member states are therefore invited to apply for the subject position.
Job
Summary
The
Credit Risk Analyst is responsible for ensuring the TDB Group’s overall credit
risk exposure is maintained at prudent levels and within the risk appetite
parameters set by the Board of Directors.
Responsibilities
The
duties and responsibilities of the role include but are not limited to:
Evaluate the financial
performance of borrowers and, based on a variety of credit risk and other
factors, determining an appropriate risk rating for assigned portfolios.
Spreading of business financials, analyzing trends and ratios to determine
reasonableness of projection assumptions.
Validation and challenging
of project financial and statistical models in order to establish credit risks.
Pricing for Risk,
embedding the Pricing Policy and Pricing Approval Process bank-wide and stress
testing of loan portfolio.
Conduct Risk Reviews/Risk
Opinions on credit applications to ensure there is independent, expert scrutiny
of credit risks, their rewards and mitigations and provide feedback to business
development officers during the structuring phase of credit facilities.
Present the Risk Reviews,
opinions, and recommendations on residual risks to relevant Credit Committees
for consideration in risk taking decisions.
Monitor, evaluate and
report on credit limits, exposures, and portfolio characteristics of all
assigned clients to adequately provide for any expected credit losses.
Develop and review credit
risk management policies and procedures to guide risk taking practices and
decision making.
Implement (internal &
external) audit findings or recommendations within agree timeframe.
Manage the Credit and
Political Risk Insurance Portfolio to ensure applicable exposures are
adequately mitigated for: Process renewals on existing insurance covers, make
applications to acquire new insurance where required and prepare Insurance
Portfolio Reports.
Collect Data by country,
sector exposures to provide decision makers with timely information by
identifying appropriate data sources to inform credit risk analysis and obtain
appropriate access to this information.
Contribute to the
department’s periodic risk reporting process by ensuring timely submission of
data to inform reporting.
Contribute to the
department’s core responsibilities in enhancing effective TDB Group Structures
including taking up of any assignments in TDF, TCI, ESATAL, etc.
Perform any other duties
that may be assigned by management.
Qualifications
and Competencies
A Bachelor’s degree in
Business Administration, Accounting, Finance, Mathematics, Statistics,
Econometrics or Financial Risk Management or equivalent.
Relevant professional
qualification/certification such as ACIB, ACCA, CPA, CIA, GARP, PRIMIA.
A minimum of 5 years of
experience working as an analyst in an investment or global corporate
banking/Development Finance environment.
Strong quantitative and
qualitative analytical skills including financial modelling and capacity to
analyze financial statements.
Ability to draw
conclusions from data analysis, problem solve and refine analysis when needed.
Demonstrated understanding
of credit risk management concepts and robust ability to analyze and interpret
risk-based transactions and portfolios.
Must be a diligent team
player with excellent communication skills, as well as flexible to work in a
fast-paced environment.
Demonstrated knowledge and
understanding of credit risk management concepts and international standards
relating to credit risk.
Strong interpersonal
skills with ability to work in different environments and with culturally
diverse teams.
Fluency in English is a
requirement. Knowledge of another official language of TDB Group’s member
states (French or Portuguese) would be an added advantage
