Credit Risk Analyst - Ghana International Bank Public Limited

MAIN PURPOSE OF ROLE:

• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, enhancement requests, refinancing and annual due diligence.
• Provide recommendations tied to analysis and assessment of credit risk to management, especially providing insights into a borrower’s ability to repay.
• Developing models, both mathematical and statistical that directly relates to measuring risk.
• Ensure availed limits/credit lines are renewed on timely basis.
• Periodic assessment of asset book performance for management purposes.
• Keep up to date with the GHIB’s lending protocols.
• Review internal gradings applied by BDM to each customer and ensure their accuracy.
• Review legal documentation underpinning transactions and ensure they are in order.
• Gain knowledge and understanding of client’s business.

KEY RESULTS AREAS:

• Support for the Head and Deputy Head of Credit Risk in providing the following functions:

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• Credit Limits: Timely renewal of credit limits/lines, ensuring that credit proposals are submitted and approved at the appropriate levels to ensure business continuity.
• Record Maintenance: ensure departmental filings are accurate and up to date.
• Loan Documentation: Prepare Loan Agreements to incorporate all terms & conditions, protective clauses, and covenants to underpin availed loan facilities; where necessary, liaise with external counsel to review all legal documentation pertaining to a transaction and confirm satisfaction prior to funding.
• Reporting: Providing relevant reports to management, including economic research and country reports.
• Structuring: Collaborate with Client Coverage in preparing term sheets and to ensure that deals, facility structures and documentation are in line with credit policy and conform to approvals.
• Customer Due Diligence: Liaise with relevant departments to ensure that CDD where required is performed satisfactorily.

COMMUNICATION:

• Relationship Managers; Credit Committee; Legal Counsel and Other Stakeholders.

Key responsibilities/Accountabilities

• Efficiently evaluating credit applications.
• Analyzing periodic market patterns and articulating impact on asset book quality.
• Recording anticipated economic environment changes.
• Periodic review and updating of country limits.
• Compilation and submission of reports for senior management consumption.
• Maintain and organize customer records and files within the credit department.
• Generate schedules to monitor and track expiry dates of credit lines.
• Liaise with relationship managers on matters pertinent to credit application process.
• Tracking changes in legislation and regulatory directives
• Periodically update internal grading model as new information become available.
• Perform sensitivity analysis on the asset book.
• Become familiar with the competition to stay ahead of them

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Skills & Capabilities:

• Independent thinker.
• Strongly analytical with understanding of financial statements, annual reports, ratios, and concepts and presentation skills
• Written communication – excellent communication skills to interpret and translate financial data into meaningful presentation to Credit Committee.
• Strong oral communication – must be able to sufficiently articulate findings to colleagues and management where necessary.
• Strong attention to detail, ability to notice discrepancies in data, and ability to produce reports to a high standard of accuracy.
• Team player, as there is need to liaise and work with people within/outside of Credit Risk Department.
• Strong proficiency in MS Office and general computer use
• Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision

KNOWLEDGE:

• Good understanding of financial markets and lending concepts.
• Knowledge of African economic environment.
• Strong understanding of accounting/economic principles and concepts.
• Knowledge of capital markets, trade finance and structured-trade environment.
• Working understanding of KYC, AML and Customer on-boarding processes.

EXPERIENCE:

• Experience in credit or risk analysis in corporate/wholesale banking environment.

QUALIFICATIONS:

• Bachelor’s Degree (preferably in quantitative discipline)
• Two to five years of strong quantitative experience.