Ecobank Cameroon S.A. is hiring Senior Credit Analyst, Corporate & Investment Banking (CIB).
- Department: Corporate & Investment Banking (CIB)
- Job Grade: 8
- Job Level: 4B
- Location: National territory, Cameroon
- Job Summary
The Senior Credit Analyst is a pivotal role within Ecobank Cameroon’s CIB department, providing comprehensive credit support and analysis for corporate clients. The successful candidate will be responsible for the entire credit lifecycle, ensuring sound credit decisions, managing portfolio risk, and delivering exceptional customer service. This role requires a deep understanding of credit risk, strong analytical skills, and the ability to collaborate effectively with internal and external stakeholders.
Key Responsibilities
Credit Management (35%)
- Credit Facility Review & Approval: Lead the review, structuring, and approval of credit facilities in collaboration with credit centers. Ensure comprehensive credit analysis, accurate documentation, and timely completion of all required components.
- Credit Analysis: Conduct thorough and timely credit analysis, ensuring accuracy and adherence to internal guidelines and regulatory requirements.
- Portfolio Management: Actively manage the credit portfolio, monitoring credit quality, identifying potential risks, and recommending risk mitigation strategies. Maintain a maximum non-performing loan (NPL) ratio of 3% of the portfolio and 1% of portfolio revenues.
- Credit Administration: Collaborate with credit administration to ensure proper booking and documentation of credit facilities.
- Relationship Management: Provide credit-related advice and guidance to relationship officers and internal stakeholders.
Customer Service (25%)
- Customer Satisfaction: Achieve high levels of customer satisfaction by providing timely and accurate credit-related services.
- Relationship Building: Build and maintain strong relationships with corporate clients, providing proactive and reliable service delivery.
- Client Visits: Conduct regular client visits, both existing and prospective, to assess creditworthiness and gather relevant information.
Market Intelligence (15%)
- Market Research: Conduct market research to identify potential business risks and opportunities.
- Risk Assessment: Continuously assess market and client-related risks to inform credit decisions and risk management strategies.
Reporting & Analysis (15%)
- Credit Reporting: Prepare comprehensive credit reports, providing clear and concise analysis and recommendations.
- Portfolio Analysis: Conduct regular portfolio analysis to identify trends, assess risk concentrations, and ensure portfolio performance aligns with strategic objectives.
Training & Development (10%)
- Mentorship: Provide guidance and mentorship to junior credit analysts.
- Continuous Learning: Stay abreast of the latest developments in credit risk management, industry trends, and regulatory requirements.
Ecobank Cameroon offers a competitive compensation and benefits package, as well as opportunities for professional growth and development within a leading pan-African financial institution.
Professional Development & Collaboration (15%)
- Continuous Learning: The Senior Credit Analyst is expected to be a lifelong learner, actively seeking opportunities to enhance their knowledge and skills. This includes staying abreast of the latest developments in Ecobank’s credit policies, credit products, foreign exchange (FX) rates, interest rates, and the broader economic and social landscape of Cameroon.
- Team Support: The Senior Credit Analyst will be an integral part of the credit analysis team, providing support to colleagues in times of absence or high workload. This fosters a collaborative environment and ensures the team’s effectiveness.
- Internal Training Resources: Ecobank provides a wealth of online training resources on its intranet. The Senior Credit Analyst is expected to utilize these resources to deepen their understanding of the bank’s products, services, and risk management practices. To track progress and encourage continuous development, analysts are required to complete at least one relevant training course per quarter and provide a certificate of completion.
- External Development Opportunities: The Senior Credit Analyst is encouraged to explore external training opportunities offered by recognized educational institutions. This could include courses, workshops, or certifications that align with their career goals and the bank’s needs. In consultation with the Corporate Banking Head, suitable courses will be selected for professional development.
Risk Management & Compliance (25%)
- Regulatory Compliance: The Senior Credit Analyst plays a critical role in ensuring that all credit facilities are structured and managed in strict compliance with both internal Ecobank policies and external regulatory requirements. This includes adhering to anti-money laundering (AML) regulations, know-your-customer (KYC) guidelines, and other relevant laws.
- Risk Assessment: The analyst is responsible for conducting thorough risk assessments on all credit applications, identifying potential risks, and recommending appropriate mitigation strategies. This contributes to the bank’s overall risk management framework and ensures the soundness of its credit portfolio.
- Audit Readiness: The Senior Credit Analyst must maintain meticulous records and documentation to ensure the credit department is audit-ready at all times. This includes preparing for and participating in internal and external audits.
- Additional Responsibilities: The Senior Credit Analyst may be assigned additional responsibilities as needed to support the department’s goals and objectives. This could include participating in special projects, contributing to policy development, or providing training to junior staff.
Job Profile
- Experience: A minimum of 3-5 years of experience in credit analysis within the banking or financial services sector is required. A proven track record in sales, customer service, and results-oriented performance is highly desirable.
- Education: A minimum of a bachelor’s degree in Accounting, Finance, Economics, or a related field is required. A master’s degree or professional certification in credit risk management would be an asset.
- Skills: The ideal candidate will possess strong analytical skills, excellent communication and interpersonal skills, the ability to work both independently and collaboratively, and a strong commitment to ethical conduct and professional integrity.
Application Process
Interested candidates are invited to submit their CV and a motivation letter to ECM-Recruit@ecobank.com by May 27th, 2024, at 5 pm, with the subject line “Senior Credit Analyst, CIB.” Only shortlisted candidates will be contacted.
