Description

Bank of Africa Uganda is hiring a Senior Credit Analyst to participate in the bank’s strategic management decision making, with focus on Credit Risk Management, as well as provide guidance on relationships with external parties and authorities, in this area

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Key Duties and Responsibilities:

• Appraise credit proposals for financing using Bank or administered funds in line with the guidelines of Bank of Africa, the Central Bank, and any other appropriate credit standards, regulations, policies and practices, and approve within personal lending limits or make appropriate recommendations to the Credit Committee for decision making.
• Review and sign-off offer letters for approved facilities, ensuring that all terms and conditions have been indicated as per approval.
• Review and / or recommend annual improvements to the Credit Policy and Procedures Manual, Underwriting Standards and Credit Product to the Head, Credit Analysis.
• Ensure that all credit files reviewed are timely updated with correspondences from / to clients, are well maintained and contain all the relevant sections as per BOA credit policy.
• Visit / meet customers when required and further undertake project / business site visits, security inspections to better understand the related risks, and document visit reports with copies placed in credit files.
• When required, proactively train / coach any stakeholders along the credit process in credit risk assessment techniques and review their credit files for purposes of coaching.
• To assist the Senior Manager Credit Analysis with adhoc projects, tasks, or other business deliverables.
• Directly collaborate with the Senior Manager Credit Analysis in formulating the credit strategy and annual budgets of the credit department.
• Directly assist the senior Manager Credit Analysis in authorizing regular board reports and management reports relating to the credit portfolio of the Bank.
• Any other duties as may be assigned to you from time to time

Additional Responsibilities

• The Bank reserves the right to amend, modify, or adjust the responsibilities of this position as business needs evolve, in alignment with applicable labour laws.
• The Employee may also be required to undertake additional duties or projects from time to time, within their capabilities and consistent with the responsibilities of the role, as directed by the Employer.

Qualifications, Skills and Experience:

• Bachelor’s Degree in Business, Finance, Accounting Banking or a relevant field
• Certification in credit skills is desirable
• Professional qualifications in Finance or related fields e.g. ACCA, CFA, CPA desirable
• 5 years’ experience in Banking, preferably in risk analysis for financial products
• Solid grasp of the Bank’s business model, its strategy and all of its products and services
• Solid grasp of laws, regulations, policies, process and procedures relating to credit
• Solid grasp and interpretation of industrial and national economic trends
• Exposure the Banking Core Systems and Credit Processing Systems
• High ethical standards and a commitment to the values of the Bank.
• Strong financial and numerical skills
• Strong business acumen
• Solid and proven credit skills
• Strong analytical skills
• Customer centricity
• Strong interpersonal skills with ability to influence key people inside and outside the Bank
• Attention to detail and good investigation skills
• Strong presentation, verbal and written communication skills
• Ability to work under pressure, in a fast paced and results driven environment.

• Appraise credit proposals for financing using Bank or administered funds in line with the guidelines of Bank of Africa, the Central Bank, and any other appropriate credit standards, regulations, policies and practices, and approve within personal lending limits or make appropriate recommendations to the Credit Committee for decision making.
• Review and sign-off offer letters for approved facilities, ensuring that all terms and conditions have been indicated as per approval.
• Review and / or recommend annual improvements to the Credit Policy and Procedures Manual, Underwriting Standards and Credit Product to the Head, Credit Analysis.
• Ensure that all credit files reviewed are timely updated with correspondences from / to clients, are well maintained and contain all the relevant sections as per BOA credit policy.
• Visit / meet customers when required and further undertake project / business site visits, security inspections to better understand the related risks, and document visit reports with copies in credit files.
• When required, proactively train / coach any stakeholders along the credit process in credit risk assessment techniques and review their credit files for purposes of coaching.
• To assist the Senior Manager Credit Analysis with adhoc projects, tasks, or other business deliverables.
• Directly collaborate with the Senior Manager Credit Analysis in formulating the credit strategy and annual budgets of the credit department.
• Directly assist the senior Manager Credit Analysis in authorizing regular board reports and management reports relating to the credit portfolio of the Bank.
• Any other duties as may be assigned to you from time to time
• The Bank reserves the right to amend, modify, or adjust the responsibilities of this position as business needs evolve, in alignment with applicable labour laws.
• The Employee may also be required to undertake additional duties or projects from time to time, within their capabilities and consistent with the responsibilities of the role, as directed by the Employer.

• Strong financial and numerical skills
• Strong business acumen
• Solid and proven credit skills
• Strong analytical skills
• Customer centricity
• Strong interpersonal skills with ability to influence key people inside and outside the Bank
• Attention to detail and good investigation skills
• Strong presentation, verbal and written communication skills
• Ability to work under pressure, in a fast paced and results driven environment.

• Bachelor’s Degree in Business, Finance, Accounting Banking or a relevant field
• Certification in credit skills is desirable
• Professional qualifications in Finance or related fields e.g. ACCA, CFA, CPA desirable
• 5 years’ experience in Banking, preferably in risk analysis for financial products
• Solid grasp of the Bank’s business model, its strategy and all of its products and services
• Solid grasp of laws, regulations, policies, process and procedures relating to credit
• Solid grasp and interpretation of industrial and national economic trends
• Exposure the Banking Core Systems and Credit Processing Systems
• High ethical standards and a commitment to the values of the Bank.