Credit Risk Analyst (891)

Requisition ID 891 – Posted 01/25/2024 – Compliance & Risk Management – Nairobi

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Background

Established in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is a multi-lateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 8 billion. TDB Group currently serves 25 economies in eastern, southern, and western Africa regions, with the mandate to foster trade, regional economic integration, and sustainable development. For more information, visit www.tdbgroup.org.

TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB’s member states are therefore invited to apply for the subject position.

Job Summary

The Credit Risk Analyst is responsible for ensuring the TDB Group’s overall credit risk exposure is maintained at prudent levels and within the risk appetite parameters set by the Board of Directors.

Responsibilities

The duties and responsibilities of the role include but are not limited to:

• Evaluate the financial performance of borrowers and, based on a variety of credit risk and other factors, determining an appropriate risk rating for assigned portfolios. Spreading of business financials, analyzing trends and ratios to determine reasonableness of projection assumptions.
• Validation and challenging of project financial and statistical models in order to establish credit risks.
• Pricing for Risk, embedding the Pricing Policy and Pricing Approval Process bank-wide and stress testing of loan portfolio.
• Conduct Risk Reviews/Risk Opinions on credit applications to ensure there is independent, expert scrutiny of credit risks, their rewards and mitigations and provide feedback to business development officers during the structuring phase of credit facilities.
• Present the Risk Reviews, opinions, and recommendations on residual risks to relevant Credit Committees for consideration in risk taking decisions.
• Monitor, evaluate and report on credit limits, exposures, and portfolio characteristics of all assigned clients to adequately provide for any expected credit losses.
• Develop and review credit risk management policies and procedures to guide risk taking practices and decision making.
• Implement (internal & external) audit findings or recommendations within agree timeframe.
• Manage the Credit and Political Risk Insurance Portfolio to ensure applicable exposures are adequately mitigated for: Process renewals on existing insurance covers, make applications to acquire new insurance where required and prepare Insurance Portfolio Reports.
• Collect Data by country, sector exposures to provide decision makers with timely information by identifying appropriate data sources to inform credit risk analysis and obtain appropriate access to this information.
• Contribute to the department’s periodic risk reporting process by ensuring timely submission of data to inform reporting.
• Contribute to the department’s core responsibilities in enhancing effective TDB Group Structures including taking up of any assignments in TDF, TCI, ESATAL, etc.
• Perform any other duties that may be assigned by management.

Qualifications and Competencies

• A Bachelor’s degree in Business Administration, Accounting, Finance, Mathematics, Statistics, Econometrics or Financial Risk Management or equivalent. 
• Relevant professional qualification/certification such as ACIB, ACCA, CPA, CIA, GARP, PRIMIA.
• A minimum of 5 years of experience working as an analyst in an investment or global corporate banking/Development Finance environment.
• Strong quantitative and qualitative analytical skills including financial modelling and capacity to analyze financial statements.
• Ability to draw conclusions from data analysis, problem solve and refine analysis when needed.
• Demonstrated understanding of credit risk management concepts and robust ability to analyze and interpret risk-based transactions and portfolios.
• Must be a diligent team player with excellent communication skills, as well as flexible to work in a fast-paced environment.
• Demonstrated knowledge and understanding of credit risk management concepts and international standards relating to credit risk.
• Strong interpersonal skills with ability to work in different environments and with culturally diverse teams.
• Fluency in English is a requirement. Knowledge of another official language of TDB Group’s member states (French or Portuguese) would be an added advantage.

Application Procedure

Interested and qualified candidates should express their interest by submitting their applications by 10 February 2024.

Applications should include a resume, cover letter, academic and professional certificates, full contact address and the names and addresses of three referees.

Please note that only shortlisted candidates will be contacted for further processing. TDB is an equal opportunities employer. Female candidates are strongly encouraged to apply.

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