JOB DETAILS:
Role of the Job.
The Credit Analyst is a member of the Credit Department and is responsible for credit underwriting and credit administration. She/he is responsible for accurate analysis of loan proposal and credit authorization or recommendation, in compliance with Yako Bank’s policies and procedures.

Key Result Areas.
• Reviewing, validating, and polishing of loan proposals in consultation with the branch team, as assigned by the Head Credit.
• Presenting loan proposals to the Head of Credit, ensuring that they are appropriately assessed and compliant with Yako Bank’s policies and procedures.

• Ensuring that the loan decisions and recommendations are appropriate regarding loan amount, structuring, eligibility criteria with respect to Yako Bank’s exclusion list, completeness and accuracy of personal business, security, and financial information.

• Doing pre-approval check listing of the loan proposals to confirm completeness and compliance to regulations, policies, and procedures while recommending suitable covenants to mitigate identified risk.

• Evaluating clients’ credit data, financial statements, and savings records in order to determine the degree of risk involved in lending money to them, and advise on the most suitable structures for their needs.

• Evaluating the financial status of prospective borrowers by preparing and providing appropriate comments as to the significance of the outcomes of financial analysis and ratios, using standard financial templates available.
• Preparing detailed write-ups for loan proposals to the Management Credit Committee or the Board Credit Committee depending on the approval limit.
• Create Credit mirror files for all facilities in an accurate orderly manner with the relevant documents.

• Undertaking risk analysis and exercising proper judgment in the face of the assessed risk, conducting Credit rating, and profiling, before recommending loan proposals, and always ensuring to safeguard Yako Bank from credit risk.
• Responsible for quality of credit underwriting, identify the risk management requirements and possible countermeasures.
• Identifying areas of weakness, highlighting cases of compromise in proposals received from branches, and recommending training and/or corrective action.
• Ensuring fast Turn-Around Time (TAT) for loan decisions logged to the Credit Department, and along the whole loan process continuum, end-to-end for the branches. And prepare pipeline updates/ reports with weekly TAT trends for remedial action.

Required Competencies.
• The ideal applicant must hold a Bachelor’s Degree in Commerce, Accounting, and Business Administration, Statistics, or any other business-related course.
• At least two years of work experience as a Credit Supervisor within the Banking or Microfinance Industry.

• Excellent at Employee Engagement.
• Result Orientated.
• Good at collaboration.
• Excellent communication and presentation skills.
• High level of numeracy, analytical, and statistical skills.
• Strong organizational skills and ability to work on own initiative
• Good multitasking capabilities and being a team player.
• Ability to work under pressure and adhere to strict deadlines.
• Good interpersonal skills.
• Good business acumen, knowledge of the market, and ability to align work with strategic goals.
• Must have Integrity, and the ability to inspire the trust of others.