Credit Risk Analyst

Responsibilities:

• Evaluate credit worthiness by processing loan applications and documentation within specified limits.
• Interview applicants to determine financial eligibility and feasibility of granting loans.
• Determine all applicable ratios and metrics and set up debt payment plans.
• Communicate with clients either to request or to provide information.
• Justify decisions (approvals/rejections) and report on them.
• Complete loan contracts and counsel clients on policies and restrictions.
• Update job knowledge on types of loans and other financial services.
• Maintain and update account records.
• Assess customer needs, explore all options, and introduce different types of loans.
• Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas.
• Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process.
• Operate in compliance with laws and regulations and adhere to lending compliance guidelines

Compliance:

• Corporate policies and Procedures.
• Use of approved electronic documents.
• Access permissions and risk management policies set by the management.
• Statutory, regulatory, and legal requirements associated with duties.
• Failure to comply may lead to disciplinary actions including termination.

Risk and Opportunities

• Identify Risks and provide treatment plans for them.
• Seek for and identify opportunities that can be exploited.

General

• The Employee may also be required to perform duties not directly related to their area of experience or expertise, in which case proper instruction will be provided
• Ensure that the highest ethical standards are maintained in all activities
• Conduct himself in a dignified and respectful manner that reflects well on the Employer and sets an example for other employees.

Knowledge, Skill and Abilities:

• Intermediate use of Microsoft Office - Excel, Word PowerPoint
  
• Familiarity with computers and banking applications/software.
• Solid understanding of direct/indirect lending products and practices
• Excellent communication and interpersonal skills.
• Customer satisfaction orientation and sales competencies.
• Ability to work in a goal-oriented environment.

Experience:

• BSc degree in finance, economics, or a related field.
• 5 years’ experience in a Loan company.
  
• Proven working experience as a Loan Officer will be an added advantage