About the Role:
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The Senior Credit Analyst is responsible for reviewing and analyzing customer credit applications, availments, and SFCAs. The role involves assessing the genuineness of financial statements and conducting both financial and non-financial analyses for credit proposals in accordance with bank policies. You will recommend financing packages that align with customer requirements and capabilities.
Key Accountabilities of the Role:
Responsibilities:
- Review credit applications of companies and ensure alignment with credit programs, TM RAC, bank policy, and central bank laws & regulations.
- Contribute to achieving departmental objectives, goals, and policies.
- Review credit proposals and recommend them to higher authorities.
- Highlight risk factors and mitigation strategies in each credit application.
- Collaborate with Relationship Managers to ensure a complete set of documents is received for the review and analysis of credit applications.
- Verify the genuineness of customer financials and perform detailed financial analyses.
- Conduct independent checks of customer business operations, inventory levels, reputation, and business model, including site visits.
- Conduct interviews with customers’ buyers, sellers, neighbors, and perform field visits to business sites.
- Adhere to KPIs related to application processing and required targets.
- Prepare and review TM & RAC factors and MRA input.
- Maintain contact with all business units in the bank to ensure high levels of satisfaction across business units.
- Undertake any other assignments as directed by the Line Manager.
Results Required:
- 90% of cases finalized within the agreed turnaround time (TAT).
- Efficient processing of cases/transactions as allocated.
- Ensure no regulatory issues arise from reviewed cases.
- Attend and successfully pass prescribed training courses.
- Assist in maintaining satisfactory internal and external audit ratings.
Specialist Skills / Technical Knowledge Required for This Role:
- Strong understanding of business, finance, economics, and current affairs.
- Analytical thinking and a business-oriented approach.
- Excellent interpersonal and communication skills, both verbal and written.
- Proactive initiative with strong analytical and risk evaluation/mitigation skills.
- Proficiency in English; Arabic is a plus.
Previous Experience Requirement:
- Minimum of 7 years of experience in SME/Commercial Business and Banking.
