Credit Analyst – Credit Department at DIB Bank Kenya Limited (DIBBKE)

Job Description

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DIB Bank Kenya Limited (DIBBKE), is a fully owned subsidiary of Dubai Islamic Bank PJSC (AE) – a pioneering institution that has combined the best of traditional, Shariah values with technology and innovation that characterize the best of modern banking.

Job Purpose

The incumbent will be charged with the responsibility of to ensure that all Credit Proposals emanating from the business units have been carefully evaluated and have logical recommendations prior the submission to Head of Credit for approvals. Additionally, the incumbent will support restructure of facilities where necessitated, while advising key stakeholders on key risk & mitigants, market conditions, securities, pricing, and risk rewards.

Key Responsibilities 

Ensure all credit proposals adhere to the laid down procedures, policies, Banking Act, Prudential Guidelines, Islamic rules and regulations and various product programs while ensuring that any policy breaches are properly authorized at the correct approval level. Analysis of commercial and business banking credit proposals and recommendation of quality assets to enable the next line of authority to make an informed decision. Ensure all credit proposals are analysed in terms of general credit worthiness, risks and mitigation thereof, adequacy of security, documentation compliance, compliance with individual/group exposure limits, covenants compliance, sectoral limits/concentration, country limits and signing off on the proposal. Analysis of the Treasury credit proposals including money markets, foreign exchange forwards/ SWAPs amongst others. Co-ordinate with other departments which are involved in the process of granting credits e.g., Commercial Banking, Treasury, Business Banking etc., and analyze workflow and business processes for implementation of approved facilities. Monitor compliance of the credit policies and procedures and make any necessary recommendations for changes where necessary for consideration on an annual basis. Monitor changes and trends for various business segments financing portfolio on periodical basis, analyse reasons for the changes and discuss it with the Head of Credit. Review of monthly MIS of the portfolio managed covering exception reports, utilization of facilities, past-dues, expired credits, concentration of risk covering group exposure and industry concentration. Propose changes to the economic sector limits in line with financing projections from business units and concentration risk considerations. Any other responsibility that will be assigned from time to time by line manager.

Job Requirements 

University Degree preferably in accounting, finance or business administration from a recognised institution. Any professional qualification in Banking, Finance or Accounting Knowledge of Bank’s lending products. Ability to analyze all lending propositions and make sound recommendations/ decisions that will not adversely affect the Bank in the circumstances. Awareness of the Central Bank of Kenya regulation and local laws regarding lending facilities and default borrowers Critical assessment of proposed credit facilities, security, and their realization values. Knowledge of changes taking place in both micro (banking industry) and macro (global) environment and ability to apply this knowledge to the benefit of the Bank.