Credit Risk Analyst

Urwego Finance CBC is dedicated to providing 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 underserved, using financial services and tested trainings as we share Jesus Christ’s love. Urwego wishes to recruit (1) qualified, highly motivated, enthusiastic and skilled Credit Risk Analyst to support our leadership team with financial analysis, forecasting, and reporting on a periodic basis.

Job Description:

We are seeking a Credit Risk Analyst to join our dynamic team. The ideal candidate will have extensive experience in credit risk analysis, strong analytical skills, and a deep understanding of financial markets. This role involves assessing credit risk, developing risk mitigation strategies, and ensuring compliance with regulatory requirements.

Job Title: Credit Risk Analyst

Department: Credit

Reporting to: Principal Credit Analyst

Location: Head Office-Kigali, Rwanda

Spiritual Integration and Christian Witness

Personal confession of faith in Jesus Christ and commitment to the mission and vision of Urwego Finance.

Promote and fulfill Urwego Finance’s Mission, Method and Motivation (3Ms) while working within a Christ-centered environment that is mission-driven, community-oriented, and purposeful. Make decisions in a way that witnesses the presence, power, and love of Jesus Christ and the reality of his Kingdom on earth through Urwego Finance work.

Ensure a personal healthy spiritual balance within family, work, and church life through the adoption of biblical, personal, and spiritual discipline and conducting daily work.

Key Responsibilities:

1. Evaluating Credit Risk: Assess the creditworthiness of potential and existing clients by analyzing their financial data, credit history, and other relevant information to determine their ability to repay loans.
2. Financial Data Analysis: Examine financial statements, credit reports, and other financial data to identify trends and assess the financial health of clients.
3. Risk Mitigation: Develop and recommend strategies to mitigate credit risk, including setting credit limits and terms of credit.
4. Reporting: Prepare detailed reports on credit risk assessments and present findings to the Head of Credit Analysis Unity to aid in decision-making and escalation process.
5. Compliance: Ensure all credit assessments and decisions comply with regulatory requirements and internal policies and procedures.
6. Collaboration: Work closely with other departments, such as sales and collections, to support overall risk management efforts.
7. Monitoring: Continuously monitor the credit status of existing clients to identify any changes in their financial situation that could impact on their ability to repay loans.
8. Client Interaction: Engage with clients to gather necessary financial information and provide guidance on credit-related matters.

Qualifications:

1. Bachelor’s degree in finance, Economics, Accounting, or a related field. Or a professional certification (e.g., CFA, FRM) is a plus.
2. Minimum of [2] years of experience in credit analysis, risk management, or a related field.
3. Strong understanding of financial statements, credit reports, and financial ratios.
4. Knowledge of regulatory requirements and industry best practices.

Skills:

1. Analytical Skills: Ability to analyze complex financial data and identify trends.
2. Attention to Detail: Meticulous in reviewing financial documents and identifying potential risks.
3. Effective Communication: Ability to clearly convey complex financial information to clients and colleagues, both verbally and in writing.
4. Problem-Solving Skills: Ability to develop effective risk mitigation strategies.
5. Technical Proficiency: Proficiency in financial modeling and risk assessment tools such as Microsoft Excel, or similar software or applications would be a plus.
6. Interpersonal Skills: Ability to work collaboratively with other departments and engage with clients effectively.
7. Time Management: Strong organizational skills to manage multiple tasks and meet deadlines.
8. Adaptability: Flexibility to adjust to changing circumstances and handle unexpected challenges.
9. Critical Thinking: Ability to objectively analyze situations and make balanced decisions.
10. Negotiation Skills: Aptitude for negotiating terms and conditions that benefit both the company and the client.
11. Team Collaboration: Ability to work effectively within a team to achieve common goals.
12. Customer Service Orientation: Commitment to providing excellent service and support to clients.

All interested candidates fulfilling the above job requirements are requested to submit the following documents listed below to urwegohr@urwegobank.com not later than 24^th March 2025 before 6 PM. Please send documents in a zip folder with the position you are applying for as the subject.

• Motivation/application letter explaining your suitability for the HR Manager staff position

• Curriculum vitae (CV)
• Notarized copies of academic documents.
• Statement of Faith.
• Copy of your National ID.
• Valid Criminal Record

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

Best of Luck

Human Resources Department

Urwego Finance