Senior Credit Risk Analyst at Urwego Finance CBC: (Deadline 9 April 2025)

Senior Credit Risk Analyst at Urwego Finance CBC: (Deadline 9 April 2025)

JOB OPPORTUNITY

Senior Credit Risk Analyst

Urwego Finance CBC provides financial services to the people of Rwanda. Motivated by Jesus Christ’s call to serve those in need.  Its mission is to achieve economic spiritual transformation in the lives of the underserved, using financial services and tested training as we share Jesus Christ’s love. Urwego wishes to recruit (1) a qualified, competent, committed, and proactive Senior Credit Risk Analyst who is responsible for:

• A Senior Credit Risk Analyst to oversee the credit management process to ensure Urwego’s financial stability and profitability.
• To oversee the credit granting process by assessing potential customers’ creditworthiness and conducting reviews of existing customers by ensuring that lending to customers may be a liability.

Job Title: Senior Credit Risk Analyst

Department: Credit Risk

Reporting to: Director of Credit

Directly supervises: None

Location: Head Office-Kigali, Rwanda

JOB SUMMARY     

The Senior Credit Risk Analyst will be responsible for protecting Urwego from credit losses, regulatory agencies interact to understand if the compliance measures are being implemented. He or She will be responsible for ensuring that lending standards and requirements are followed.

RESPONSIBILITIES

Promote and fulfill Urwego Finance’s 3Ms as listed above while working within a Christ-centered environment that is mission-driven, community-oriented, and results-driven.

Spiritual Integration and Christian Witness

• Ensure a personal, healthy spiritual balance within family, work, and church life through the adoption of biblical personal and spiritual disciplines; and
• Conduct daily work, make decisions, and help Urwego make decisions in a way that witnesses to the presence, power, and love of Jesus and the reality of his Kingdom on earth.
• Senior Credit Risk Analyst’s Job Requirements and Responsibilities include but are not limited to:

Take an analytical and strategic approach:

1. Evaluate potential customers’ creditworthiness
2. Maintain detailed records of loan portfolio
3. Approve or reject loan requests from customers
4. Calculate and set loan interest rates
5. Negotiate loan terms with new customers
6. Monitor customers’ loan payments
7. Review and update the Urwego’s credit policy when necessary
8. Create a credit scoring model to assess risks

Regulatory exposure:

conduct credit analysis in consideration to regulatory expectations and requirements in this rapidly changing space and their impact on Urwego regulatory risk profile.

Credit Risk Management:

• Evaluate credit risks of loans, guarantees, and activities; identify, measure, and mitigate the risk of new transactions and make recommendations regarding economic and market environment, and pricing, among others.
• Review proposed credit risk ratings based on the country, sector, market, and SME Borrowers’ financial analysis provided in the appraisal documents and recommend appropriate ratings; continuously monitor and recommend changes of credit ratings.
• Make financial risk assessments of different counterparties such as borrower institutions, as well as different financing products and structures ranging from loans, and guarantees to structured financial products and direct equity.
• Identify, formulate, and review financial and credit risk management policies and ensure that appropriate systems, procedures, and guidelines are in line with best banking practices.
• Conduct best practice due diligence and supervision in close collaboration with the Credit Department, ensuring that Urweg’s risk appetite statement is implemented, and a proper risk-reward balance is achieved in all transactions.
• Closely follow Urwego’s lending and activities at transaction origination, monitoring, and supervision levels, and advise on possible actions to mitigate the credit risk.

QUALIFICATIONS

Personal skills and abilities or The Position Profile:

• Christ-centered character, and passion to serve underserved communities of Rwanda.
• Addressing operational concerns and issues, monitoring overall customer satisfaction
• Developing and implementing operational procedures and policies
• Analyzing training needs/requirements
• Excellent interpersonal communication and organizing skills to coordinate project activities
• Ability to communicate with others effectively
• Ability to conduct research for special projects, respond to timely inquiries, and present written/ oral briefings
• Ability to work with detail and time-sensitive issues
• Good decision-making skills and response to high-pressure situations
• A minimum of three (3) to five (5) years of direct experience as a Credit Analyst is required.

Education, Experience, and Licensing Requirements:

Education: A minimum bachelor’s degree in finance business or economics will be required.

Knowledge:

• The Credit Risk Office requires a working knowledge of consumer credit management and must possess sound market and industry knowledge of the sector.
• Must understand the key drivers of consumer loan financials and the underlying consumer behaviors that drive those financials.

Computer skills: Must have computer skills, especially proficiency with Microsoft Office (Excel, Access, Word, PowerPoint). Experience in working with data and data manipulation tools may also be required

Exceptional planning and organizational skills: the ability to handle several complex tasks simultaneously and coordinate key projects with a variety of stakeholders is essential

Communication skills: Senior Credit Risk Analyst must possess great written and verbal communication skills to be able to work effectively with others. He or she must also be able to communicate and present technical information in a clear and concise manner

Leadership skill: Ability to direct and motivate a team to deliver a common goal

Analytical skills: Must possess the ability to make deductions and meaning from rather complex and abstract situations and make sound decisions from them.

Eye for Details: A Senior Credit Risk Analyst must be detail-oriented and able to flag down small but urgent information/situations whenever is required to step in and never lose sight of small day-to-day seemingly unimportant events.

How to apply

All interested candidates fulfilling the above job requirements are requested to submit the following documents to urwegohr@urwegobank.com  not later than 09^th April 2025. Please send documents as one folder with the position you are applying for as the subject.

• Application letter explaining your suitability for The Senior Credit Risk Analyst position
• Curriculum vitae (CV)
• Notarized copies of academic documents.
• 2 referees that are not blood relatives with their full address/contact.
• Church Recommendation.
• Statement of Faith.
• Copy of your National ID.
• Valid Criminal Record

Deadline for application: Wednesday 09^th April 2025 before 6 PM

Only shortlisted Candidates shall be contacted for the test and interview.

Best of Luck

Human Resources Department

Urwego Finance