Credit Risk Analyst at FSDH Merchant Bank Limited

FSDH Holding Company Limited is a non-operating holding company focused on providing progressive financial services in Nigeria. Our subsidiaries include: FSDH Asset Management, FSDH Capital, FSDH Merchant Bank and Pensions Alliance Limited (PAL).

Maintaining our reputation as providers of dependable and innovative financial services in the region is important to us. To this end, we are continually deepening our business lines and expanding what we offer through our subsidiaries.

We are recruiting to fill the position below:

Job Title: Credit Risk Analyst

Location: Lagos
Work Type: Full Time
Specialization: Risk Management

Job Summary

Responsible for managing the day-to-day evaluation and advisory for credit request covering Corporate Banking, Prestige Banking, Business Banking. Abuja and Port Harcourt branches.
Origination of new corporate and investment banking opportunities and managing existing ones.

Job Description

Review Credit Appraisal Memos (CAMs)
Analyze industry dynamics and conduct financial statement analysis for corporate banking credit opportunities (as applicable)
Underwrite credit(s) along the full spectrum of lending opportunities; on-balance sheet and contingent assets. This is to be achieved in line with service SLAs (as applicable).
Drive the credit execution process by liaising and effectively engaging with credit risk, and other transaction support teams (as applicable).
Preparation of CAMs for Renewal
Preparation of Banks’ CAMs
Prepare annual Credit Portfolio Plan
Maintenance of CAM and Guarantees register, tracking approval status and monthly credit portfolio report
Conduct credit checks on credit customers at review stage.
Visitation and inspection companies and projects
Review and update credit risk management policies
Perform credit portfolio analysis and credit portfolio stress testing (scenario and sensitivity analyses)
Review and update the Bank’s Risk Rating and scoring models
E&S evaluation of obligors and their business operations
Ensure compliance with internal and external regulatory policies.
Interface with relevant units in executing business units products including but not limited to FX, Hedges, Trade amongst others (as applicable).
Quarterly credit reviews and other Management reports to the Board Risk Committee
Regular reporting and/or presentations to the Management Risk Committee
Support in the identification and origination of leads and opportunities that are credit inclined through the product committee.
Any other duties as assigned by supervisor and/or management.

Job Experience

University Degree in Finance, Accountancy, Economics, Business Management, or any related discipline
A minimum of a second-class upper would be an added advantage
ACA. ACCA, CRM, FRM, SCR, CFA and other relevant professional qualifications will be an added advantage.
Minimum of 3 years of cognate experience in a similar role.

Key Competency Requirements:
Functional / Technical:

Excellent knowledge and understanding of Money and Capital Markets and banking sector.
Strong credit underwriting, documentation, and presentation skills
Proficiency in Financial Statement & Cashflow Analysis, developing financial projections
Intermediate to advanced excel skills
Financial modeling skills.

Managerial:

Analytical, organizational, and multi-tasking skills.
Strong written and verbal communication skills with attention to detail
Energetic, highly self-motivated, and able to work efficiently and productively.
Team-player with strong interpersonal skills
Proactive and solution minded attitude.

Behavioral: