Credit Analyst

Credit Analyst at Primera Africa Finance Group

Primera Africa Finance Group is a financial services firm that provides a range of services to clients across the African continent. Our goal is to provide bespoke financial solutions, in the most professional and efficient manner to meet our clients’ individual needs. Primera Africa Finance Group is a financial services firm that provides a range of services to clients across the African continent. Our goal is to provide bespoke financial solutions, in the most professional and efficient manner to meet our clients’ individual needs.

We operate in four major business areas: Securities Trading, Financial Advisory, Principal Investments and Consumer Finance. Based on our people’s global experience and local knowledge, we are able to deliver the most advanced financial solutions, keeping in perspective the local nuances peculiar to each market to ensure our clients receive superior advice. Overall, each client benefits from our dedication to excellence, entrepreneurial thinking and long-term commitment to service.
We are recruiting to fill the position below:

Job Title: Credit Analyst

Department: Risk Management – Credit Analysis and Processing
Reports to: Head, Credit Analysis and Processing

Job Summary

Ensure customers application are approved in line with agreed TAT
Appraises risk asset applications and subjecting them to credit analysis identifying potential risks and advising Management of corrective actions to be taken to minimize credit losses
Ensure adherence to Bank’s credit policies and processes.

Job Description

Appraise and approve all SME and Microcredit loan applications
Monitor the portfolio to ensure a healthy portfolio is maintained at 3% PAR
Ensure lending assets for approval are within parameters
Contact liaison with sales team to ensure conformity with credit policy and training
Ensure that work flow is consistent with credit approval to achieve high portfolio standard
Develop and implement procedure and processes for fraud prevention management
Monitor/ report exposure and assess current and potential risk and assist management in developing prevention strategies
Conduct credit checks and other verifications on consumer customers
Regularly analyze concentration risk of loan portfolio and advise management accordingly
Monthly and quarterly reporting of performance of loan customers to credit bureau
Analyze and report on portfolio characteristics, assisting in product development geared towards managing inherent credit risks in bank’s products.

Accountabilities

Credit reports and portfolio analysis reports
Submission of reports to credit bureau
Quality of loan portfolio
Adherence to credit approval process

Qualifications

Minimum of B.Sc. in any Social Science discipline (Business Administration, Marketing, Banking & Finance, Economics or related courses).
Minimum of 3 to 5 years in Credit Analyst Role
Experience with reviewing SME and Microcredit transactions
Professional certification will be an added advantage

Required Skills:

Excellent Interpersonal skills
Persuasive skills
Excellent Analytical skills
Must be a team player
Excellent Communication skills
Vast in Microsoft office packages
Problem solving skills
Practical knowledge and understanding of risk management, CBN regulations and the financial services industry

Remuneration
Very competitive

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online