Job Description
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
Job Description/Responsibilities:
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
• 13 th month salary
Interested candidates, send CV to Careers@koinsbank.com
Requirements
Minimum of B.Sc. in any social science discipline (Business Administration, Marketing, Banking & Finance, Economics or related courses). 5 years and above of experience in similar field Professional certification in ICAN, ACCA RIMA is preferred
