2 Credit Risk Analyst jobs in whatjobs
Job Description
Our client is seeking a diligent and analytical Credit Risk Analyst to join their established financial institution in **Malindi, Kilifi, KE**. This role is crucial for assessing the creditworthiness of potential borrowers and managing the overall credit risk exposure of the bank. You will be responsible for analyzing financial statements, credit reports, and other relevant data to determine the risk associated with lending to individuals and businesses. Key responsibilities include developing and maintaining credit scoring models, monitoring loan portfolios for signs of distress, and providing recommendations on credit limits and loan terms. You will also be involved in the review and enhancement of credit policies and procedures to ensure compliance with regulatory requirements and industry best practices. Strong understanding of financial markets, economic indicators, and risk management principles is essential. The ideal candidate will possess exceptional analytical and quantitative skills, meticulous attention to detail, and strong communication abilities to effectively present findings and recommendations to senior management and loan officers. This position offers a challenging yet rewarding career opportunity within a reputable organization, contributing directly to sound financial decision-making. You will play a key role in safeguarding the institution's assets and ensuring sustainable growth. The ability to work collaboratively within a team environment and independently manage workload is highly valued.
Responsibilities:
Responsibilities:
- Analyze financial data, credit reports, and market information to assess credit risk.
- Develop, implement, and refine credit scoring models and risk assessment methodologies.
- Monitor and report on the performance of loan portfolios.
- Provide recommendations on credit applications, terms, and conditions.
- Ensure compliance with regulatory requirements and internal credit policies.
- Conduct stress testing and scenario analysis on credit exposures.
- Collaborate with business units to manage and mitigate credit risk.
- Prepare detailed credit risk reports for management review.
- Stay updated on industry trends and best practices in credit risk management.
- Contribute to the development and improvement of credit policies.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
- Proven experience in credit risk analysis or a similar role within the financial services industry.
- Strong understanding of financial statements, credit analysis techniques, and risk modeling.
- Proficiency in statistical software and data analysis tools (e.g., Excel, SQL, R, Python).
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and presentation abilities.
- Knowledge of relevant banking regulations and compliance requirements.
- Ability to work effectively in a team and manage individual responsibilities.
This advertiser has chosen not to accept applicants from your region.
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Credit Risk Analyst
Posted 10 days ago
Job Viewed
Job Description
Our client, a leading financial services provider, is seeking a diligent and analytical Credit Risk Analyst to join their hybrid team. This role is essential for evaluating the creditworthiness of potential borrowers, assessing financial risks, and contributing to the development of sound lending policies. You will conduct detailed financial analysis, credit scoring, and risk assessment to support informed lending decisions. The ideal candidate possesses strong quantitative skills, a thorough understanding of financial markets and credit principles, and the ability to effectively communicate risk assessments.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Analyze financial statements, credit reports, and other relevant data to assess the credit risk of individuals and businesses.
- Develop and implement credit scoring models and risk assessment methodologies.
- Monitor existing loan portfolios, identifying potential credit deterioration and recommending appropriate actions.
- Prepare comprehensive credit reports and present findings and recommendations to loan committees and senior management.
- Ensure compliance with internal credit policies and regulatory requirements.
- Contribute to the development and refinement of credit policies and procedures.
- Stay abreast of industry trends, economic conditions, and regulatory changes affecting credit risk.
- Collaborate with lending officers to structure credit facilities that mitigate risk.
- Perform stress testing and scenario analysis on credit portfolios.
Qualifications:
- Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
- Minimum of 3 years of experience in credit analysis, risk management, or a related financial role.
- Proven experience in financial statement analysis and credit assessment.
- Strong understanding of credit risk principles, financial markets, and regulatory frameworks.
- Proficiency in data analysis tools and financial modeling software.
- Excellent analytical, quantitative, and report-writing skills.
- Strong communication and interpersonal abilities.
- Familiarity with Basel Accords and other relevant banking regulations is a plus.
This advertiser has chosen not to accept applicants from your region.
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