Our client,
Daraja Microfinance Bank (www.darajabank.co.ke) was licensed by Central Bank of
Kenya as a community Microfinance Bank for the Dagoretti Division, since
January 2015.
Daraja’s
target market is the Micro and Small Enterprises (MSEs), their owners and
employees with the underlying goal being to help both individuals and groups
achieve their financial goals. As part of its strategic plan, Daraja Bank is
seeking to go national to be among Tier 1 MFBs in Kenya.
Credit Analyst
Reporting
to the Credit Manager, the Credit Analyst will be responsible for undertaking
credit appraisals in order to ensure a quality loan book as well as making
recommendations to the Management on each credit proposal in accordance with
the Bank’s Credit Policy.
Principal Accountabilities:
- Review
and make recommendations to the Credit Manager relating to all new
facilities
- Responsible
for extensive analysis of financials of the borrower(s) to establish their
financial credentials
- Ensure
critical risk monitoring of loan portfolio, highlighting specific action
points for accounts in excess/over approved limits and loans in arrears
- Daily
review of the overdraft referral list and loan arrears report and
factoring the same in the analysis (for the existing customers);
- Prepare
and check offer letters in line with the approval terms and conditions
- Prepare
credit reports, statutory returns, manage risk and ensure compliance with
bank’s credit policy and procedures
- Conduct
risk profiles of various business sectors to act as guidance in
assessments of related credit applications
- Analyze
the loan book in terms of credit risk exposures to the bank and provide
advice on courses of action for individual facilities
- Ensure
compliance of all internal and regulatory credit/other portfolio related
policies
- Ensure
timely submission of quality Quarterly Credit Reports
Key Skills and Qualifications:
- Bachelor’s
degree in Finance or Accounting or related field
- Professional
qualifications - CPA (K) / ACCA
- Minimum
of 3 years’ experience in credit analysis in a financial institution
- Strong
analytical and problem solving abilities, highly numerate and inquisitive.
Interested candidates are requested to forward their updated CVs
to recruit@virtualhr.co.ke by 9th May 2016 stating their current and expected
remuneration, daytime telephone contacts and addresses of three referees.
Only
shortlisted candidates will be contacted.
