Credit Risk Analyst

Website Entrepreneurs Financial Centre (EFC) Zambia

Job Summary

The primary responsibilities of the Credit Risk Analyst include;

  • Analyzing credit data and financial information of persons that are applying for credit or loans to determine their credit worthiness and risk that EFC will not recoup funds loaned to ensure that a good quality of the loan portfolio is maintained.
  • Conducting Credit Risk Assessment, analyzing applicant’s financial status, credit and property evaluation to determine feasibility of granting credit and make appropriate recommendations to senior management.
Essential Duties and Responsibilities
  • Manages the credit risk assumed by EFC by monitoring relevant market developments;
  • Derives conclusions from complex portfolio trends and developments as well as assume accountability for high quality recommendations regarding the credit portfolio both independently and in a team environment;
  • Prepares written portfolio analysis and presentations that support sound credit and collateral recommendations consistent with the credit risk appetite of EFC;
  • Oversees branch credit committee process and decisions taken by the committee;
  • Identifies watch list customers on a quarterly basis and recommend actions to the Risk Committee;
  • Develops sound risk mitigation strategies;
  • Monitors, reviews and suggests credit risk limits;
  • Develops and calibrate credit scoring models;
  • Maintains familiarity with capital markets trends, accounting standards, regulations, and general industry and economic conditions to determine their effects on borrowers and creditworthiness;
  • Performs credit limit administration, regulatory and policy reporting functions, including support for all of the department’s compliance and audit requirements;
  • Prepares reports for the Risk Committee and Supervisory Board pertaining to credit, including sector reviews, credit portfolio analysis, or general credit matters;
  • Participates in EFC-wide working groups as requested;
  • Evaluate and assess the credit risk of clients by inspecting businesses and households of potential clients, appraise client’s businesses and repayment capability and provide recommendation of a loan amount.
  • Participate in monitoring and influencing debt recoveries on non-performing Loans.
  • Performs other duties as required.
  • Bachelor’s degree in Business Administration, Accounting, Finance, Banking, a related field, or equivalent work experience;
  • 3 years of relevant working experience in financial sector; among of which 2 years in credit risk analysis;
  • Knowledge of credit policy/procedures and governance, and regulatory requirements related to credit risk management;
  • Strong knowledge of MS Office (MS Word, MS Excel, MS Outlook, MS Project, MS Visio)
  • Advanced knowledge of Excel

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