Job Description
About the Role Our client, a leading commercial bank with a strong presence in Abeokuta, Ogun, NG , is seeking a sharp and analytical Credit Analyst to join their Corporate Banking division. This essential role involves evaluating the creditworthiness of corporate clients, analyzing financial statements, and assessing risks associated with lending activities. The Credit Analyst will play a key part in decision-making processes for loan applications, ensuring the bank's loan portfolio remains healthy and profitable. This is an office-based position, requiring your full presence at our Abeokuta, Ogun, NG branch to facilitate direct engagement with clients and internal stakeholders. We are looking for a candidate with a solid understanding of financial analysis, risk assessment, and a passion for building strong client relationships. This role offers an excellent platform for career development within the banking sector, providing exposure to diverse industries and complex financial structures. Join us to contribute to the economic growth of the region.
Key Responsibilities Analyze financial statements, cash flow projections, and other financial data of corporate clients to assess credit risk. Prepare comprehensive credit memos and recommendations for loan approvals, renewals, and modifications. Conduct industry research and due diligence on potential and existing borrowers. Monitor the financial performance and covenant compliance of existing loan portfolios. Identify and assess potential risks associated with credit facilities and propose mitigation strategies. Develop and maintain strong relationships with clients, understanding their business needs and financial health. Work closely with relationship managers to structure credit solutions that meet client requirements while adhering to bank policies. Ensure compliance with all internal credit policies, procedures, and regulatory requirements. Stay updated on industry trends, economic conditions, and market developments affecting credit risk. Assist in portfolio reviews and stress testing exercises. Requirements Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field. 2-5 years of experience in credit analysis, commercial lending, or a related financial role, preferably within corporate banking. Strong understanding of financial statement analysis, ratio analysis, and cash flow forecasting. Knowledge of various loan structures and credit products. Excellent analytical, quantitative, and problem-solving skills. Strong written and verbal communication skills, with the ability to present complex information clearly. Proficiency in Microsoft Excel and financial modeling. Ability to work independently and collaboratively in a fast-paced office environment. High attention to detail and commitment to accuracy. Familiarity with the business landscape in Abeokuta, Ogun, NG is an advantage. Benefits Competitive salary and attractive bonus structure. Comprehensive health, dental, and vision insurance. Retirement savings plan with employer contributions. Generous paid time off and employee benefits. Opportunities for professional development, training, and certifications. Career advancement paths within the banking sector. Exposure to a wide range of corporate clients and industries. A supportive and collaborative team environment. Employee assistance programs. Contribution to local economic development through responsible lending.
