Financial Credit Analyst
Bank of Jordan Riyadh, Riyadh Region, Saudi Arabia
Banking · 1,001-5,000 employees
About the role
The role involves conducting in-depth data analysis on credit facility applications to support sound lending and investment decisions. You will prepare detailed credit reports on borrower status, repayment capabilities, and market sector developments to assist bank stakeholders.
What they look for
Requirements
Candidates must hold a university degree in Business Administration, Economics, Banking, Finance, or Statistics. A minimum of one year of experience in credit or data analysis within a banking environment is required.
Full description
Job purpose
Supporting the corporate team in its day-to-day business by providing, developing and enhancing the quality of credit decision management across business development departments and data analysis across credit portfolios.
Responsibilities:
- Conduct data analysis regarding transactions on credit facility applications received by the Department. Substantiate recommendations for use by Bank stakeholders to make decisions on new loans/investments, renewal, amendment and structuring of existing loans/investments.
- In-depth analysis of available data, in a manner that develops effective and efficient risk identification, assessment and measurement, on all credit decisions.
- Provide decision-makers with accurate numbers, information, data and analysis to ensure sound credit decisions that achieve the Bank's objectives.
- Review/analyze credit information and any matters related to credit reports, so that they include studying the conditions of the economic sector / financial solvency and continuity / status of mortgages and guarantors etc.
- Prepare detailed credit reports on the position of borrowers, including their credit status, repayment capabilities, potential risk of default, and interest of establishing/maintaining relationships with them etc. Submit observations to the direct supervisor.
- Provide all data and reports to relationship managers and direct manager as soon as requested for the purposes of facilitating the decision-making process and developing recommendations.
- Contribute to the analysis of estimated cashflows by preparing necessary reports and providing the direct manager with all necessary data and information.
- Inform the direct supervisor of all developments, events and economic reports on the status of market sectors, credit portfolios, clients.
- Provide the necessary support for all projects related to companies’ business, in addition to providing those concerned with any data / reports / information needed.
Skills and competencies:
- University degree in Business Administration / Economics / Banking and Finance / Statistics or any related discipline.
- Work experience of at least (1) year in the field of credit/data analysis in banks or related institutions.
- Possess analytical abilities that can use the best statistical and mathematical tools in addition to good abilities in quantitative calculations and knowledge of (stress tests, Basel, credit / market / operational / liquidity risk)
- Full knowledge of English.
- Competent use of computers and handling various application systems.
- Good knowledge of services and products provided by the Bank.
- Full knowledge of the policies and procedures that govern work and their internal and external updates.
- Ability to work under pressure.
- Ability to communicate and interact well with others.
- Ability to plan and organize.
- Analytical capabilities.
- Ability to work effectively in a team.
