Job Description

• The essence of this role is to strengthen the credit department and its processes and enhance corporate velocity. The Senior Credit Analyst will be responsible for a portfolio of Corporate Clients and Trade/Commodity Finance exposures, typically across all major industries of focus for RMB Nigeria. He/she will assist the HOC in the day-to-day running of the department and execution of the RMB credit philosophy, as well as take on the responsibility for the development of other Credit Analysts in the team.

Responsibilities:

The successful candidate will have the following responsibilities:

• A good understanding of RMB’s credit philosophy and processes
• A strong understanding of the Bank’s credit risk appetite, credit grading, and credit pricing models
• A good understanding of the respective businesses of counterparties operating in the various industries of interest to RMB Nigeria
• Identify transaction-specific risks, including structure, credit, taxation, accounting, currency, and legal
• Introduce risk-mitigating measures as input to structure transactions in line with the risk philosophy of FirstRand Bank
• Keeping up to date with news and events that might affect the Bank, various industries, as well as individual counterparties and portfolios of focus for RMB Nigeria
• Keeping up to date with trends in the lending environment, particularly as they relate to corporate lending
• A general understanding of trends in the global lending market to provide input into the bank-wide lending policy development process
• Assisting with credit portfolio management and monitoring, including day-to-day administration, portfolio reporting (monthly & quarterly), and implementing collection strategies as may be required
• Review and provide input in terms of the credit reports of other Analysts before the final submission to Credit Committees
• Assist HOC with the generation and presentation of Board and Executive Management reports
• Assist with strategic decision-making and management for the credit team as a whole
• Assist with Credit input into the annual ICAAP exercise

Qualifications and Experience:

The ideal candidate must have:

• An undergraduate degree in a relevant discipline
• At least 10 years of relevant working experience within a core credit (lending or consulting) environment
• Prior experience in Credit (preferably as a Financial/Credit Analyst or within a Credit Rating Agency) will be an added advantage
• A relevant professional qualification (ICAN, ACCA, CFA, etc) or a graduate degree will be an added advantage

Competency and General Skills:

Technical Skills:

• General knowledge of practical economics relating to business, industry, and the Nigerian macroeconomic environment
• Good understanding of financial instruments and banking products
• Good understanding of the BCBS requirements as relate to lending and credit
• High level of numeracy, and a strong ability to interrogate data
• Proficient in the use of spreadsheets, databases, and word-processing applications
• Strong communication, writing, and presentation skills, with an ability to debate issues effectively, and  convincingly
• Ability to analyze company financial statements and assess financial instruments
• Must possess good leadership and strong interpersonal skills

Key Competencies:

• Result-oriented and driven – A self-starter who produces a consistently high quality of output within agreed deadlines. Prompt and proactive in driving for results and must have a problem-solving aptitude.
• Creative / Innovative – Must possess the ability to identify and initiate more efficient ways of doing things
• Detail – Must possess a strong level of attention to detail and be well organized.
• Must also possess the ability to process and work with large volumes of data.
• Good communication skills – Must possess the ability to communicate and debate views effectively, constructively, and convincingly using verbal and non-verbal means.
• Relationship-building capability – Must possess the ability to put people at ease and build sound relationships based on mutual trust and openness.
• Strong character & integrity are paramount
• Self-confidence with a pleasant personality and well-presented
• Well organized / good time management capabilities / disciplined / detail detail-oriented
• A good communicator (i.e. verbal and written) who is deadline and solutions driven
• Self-starter able to work with minimal supervision
• Strong work ethic and ability to operate in a fast-growing environment
• Flexible when necessary and able to work effectively under pressure
• Team-oriented

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