Credit Analysts – Digital Credit

Absa Bank Kenya PLC is a financial institution founded in 1916, operating in the banking and financial services sector.

The Credit Analyst will play a crucial role in supporting the Head of Retail Credit Risk by developing comprehensive strategies throughout the credit lifecycle, encompassing prospect targeting, customer acquisition, exposure management, marketing, collections, and recovery. This involves ensuring the successful deployment and performance tracking of scorecards, building and monitoring test cases, and conducting sampling to maintain credit quality. The analyst will also perform regular portfolio quality reviews, assist in preparing monthly scheme portfolio reports, forbearance reviews, and annual limit reviews. A key aspect of the role is leading the macroeconomics section, providing insights on news affecting the portfolio, conducting monthly economic reviews, sector analysis, and competitor analysis within the retail credit risk portfolio.

1. Design and develop effective credit risk management models for mobile lending products.
2. Create application and behavioral scorecards for various products and market portfolios.
3. Define credit strategies for each portfolio to optimize profitability.
4. Conduct continuous research and testing to ensure the effectiveness of credit risk models and tools.
5. Execute and maintain credit risk models to optimize profit.
6. Review and underwrite credit strategies that may require subjective input.
7. Monitor portfolio performance to identify trends and develop mitigation strategies to achieve target credit risk metrics.
8. Define and manage a portfolio management strategy to ensure compliance with performance metrics.
9. Prepare monthly macro-economic reviews covering exchange rates, inflation, interest rates, and other economic factors.
10. Conduct regular competitor analysis regarding products and financials.
11. Regularly update the macro-economic library with sector intelligence and regulatory landscape changes.
12. Correlate portfolio performance with the macro-economic environment.
13. Contribute to product development to integrate quality into product design.
14. Participate in product and process design and development to build quality from the outset.
15. Contribute to sales strategies to positively influence target populations and product uptake.

1. Bachelor’s degree in a mathematics, statistics, economics, or operations research related field.
2. Comprehensive credit skills.
3. General commercial and industry awareness.
4. Working knowledge of risk management policies, procedures, and pricing.
5. High analytical ability.
6. Proven excellent presentation skills.