Job description
Koins Bank, a member of Primera Africa Group, is a fully licensed microfinance bank dedicated to providing innovative financial solutions to businesses and individuals. Our goal is to enhance financial inclusion by offering a comprehensive suite of services tailored to meet the diverse needs of our clients. The bank is hiring an entry level Credit Analyst.
Requirements
Financial Statement Analysis: Analyze financial statements, credit reports and other relevant data to assess the creditworthiness of SME and private loan clients. Ascertain the Profitability, Liquidity, and Leverage ratio of the business to determine repayment capacity. Recommend eligible loan amounts for approval Credit Risk assessment Evaluate credit risk associated with loan request and provide recommendations on credit limits, terms and condition.
Evaluate economic, socio political and regulatory factors that may affect the continuity or operations of the loan client. Collateral Recommendation: Recommend appropriate collateral mix acceptable by the bank to act as a buffer in the event of loan default Ensure assets to be pledged as collateral are adequately valued by the Bank’s accredited valuers.
Ensure the value of the asset to be pledged as collateral meets the Bank’s stipulated collateral coverage. Loan Interview Communicate with clients to gather financial information, clarify credit report discrepancies and provide credit decisions. Visit the client’s business premises for advanced due diligence depending on the loan amount or threshold set by the bank.
Loan performance Review and Reporting Review the performance of loan portfolio on a monthly basis Generate a report to Management showing the collection efficiency rate of SME and private loans processed monthly.
Requirements
/ Qualifications
- Bachelor's degree/HND preferably in Banking and Finance, Accounting, Business Administration, Economics. (other disciplines can be considered)
- Minimum of 2 years’ experience as a credit analyst.
Benefits
- Leave Allowance
- Hybrid Work model
- Comprehensive medical coverage for employee and family
- Competitive salary
- 13th month salary Interested candidates, send CV to Careers@koinsbank.com