Senior Credit Analyst
Riyadh, Saudi Arabia
Full timeOn-site
Job description
The Important Stuff
Location: Riyadh, KSA
Reporting to: Credit Manager & Country Head KSA
Start Date: ASAP
Interviews: 2 rounds and a take home assignment totaling a commitment of 3-4 hours over 2 weeks
Your team: The current credit team comprises of 2 members in Riyadh
Your mission:
To provide fast, accessible, and digital lending solutions for SMEs in KSA. In this role that means:
Involvement in collaborating and diagnosing Credit, Market, Liquidity, and Operational Risk.
Accountable for ensuring that the Credit team is working efficiently.
Day to Day, you will:
Responsible for undertaking detailed credit risk assessment analysis, recommendations, application approval, and, when required, visiting client premises.- Responsible for identifying potential fraudulent applicants to protect the reputational and financial interests of Beehive’s investors/platform.
- Provide recommendations tied to analysis and assessment of credit risk.
- Responsible for liaising with external credit reference agencies and other financial bodies, and analysis of third-party risk management reports and requirements.
- Conduct a thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing, and annual due diligence.
- Accountable for ensuring clients’ requests sit within Beehive's risk appetite and credit policy.
- Responsible for presenting credit proposals and deviations to the Credit Manager, demonstrating strong communication skills, articulating all known material and significant risk.
- Present a summary report of analysis, findings, and recommendations to the Credit Manager, especially findings involving a borrower’s ability to repay; the report should cover all the key areas.
- Responsible for ensuring that Beehive’s credit model and scorebook are error-free, and all parameters are within the set parameters.
- Develop and prepare spreadsheets and models to support analysing new and existing credit applications and managing the portfolio.
- Reconcile credit files and identify discrepancies and variances.
KPIs:
Your performance in this role will be judged on the below key metrics
Your performance in this role will be judged on the below key metrics
- Loan Portfolio Quality: Non-performing loan (NPL) ratio
- Credit Risk Assessment: Accuracy of credit risk assessments. Also, the average time taken to complete credit assessments and approve/reject loan applications