Elevate Credit

CREDIT RISK ANALYST

JOB TITLE: Credit Risk Analyst
DEPARTMENT: Risk Management
LOCATION: Sameer Business Park Block E – 1; Mombasa Road.
JOB TYPE: Full-Time

JOB OVERVIEW
As a Credit Risk Analyst at Elevate Credit Limited you will play a crucial role in assessing and managing the
credit risk associated with our financial products, including log book loans, payslip loans, and invoice
discounting. Your insights and analysis will directly contribute to the company’s risk management strategy and
financial stability.

KEY RESPONSIBILITIES
Risk Assessment and Analysis
• Conduct thorough credit risk assessments of loan applicants using credit scoring models.
• Analyse financial statements and cash flow of clients to assess their creditworthiness.
• Evaluate the risk involved in log book loans, payslip loans, and invoice discounting.

Data Management
• Maintain accurate records of credit exposures, defaults, and recoveries.
• Generate regular reports on the credit risk portfolio for management review.
• Utilize data analytics tools to identify trends and potential risk exposures.

Policy and Compliance
• Ensure compliance with internal credit policies and external regulatory requirements.
• Recommend improvements to credit risk policies and procedures.
• Stay updated with industry practices and regulations related to microfinance.

Stakeholder Collaboration
• Work closely with the sales and finance teams to align credit risk management with business
objectives.
• Provide training and guidance to staff on risk-related issues.
Special Projects
• Conduct thorough research on market conditions, industry trends, and economic factors to assess the
potential risks and impact on credit decisions.
• Stay updated on regulatory requirements and industry best practices to ensure compliance with lending
policies and procedures.
• Assist in the development and improvement of credit scoring models, policies, and processes to
enhance the efficiency and effectiveness of credit evaluations.
• Participate in special projects related to credit risk modelling and process improvement.
• Monitor existing credit portfolios, review borrower performance, and identify any potential credit risks
or opportunities for improvement.

QUALIFICATIONS
-Bachelor’s degree in Finance, Economics, Statistics, or a related field.
-Proven work experience as a Credit Analyst or in a similar role, preferably in financial institutions, credit rating
agencies, or lending organizations.
-Strong understanding of financial products and services, especially log book loans, payslip loans, and invoice
discounting.
-Proficiency in data analysis tools and software (e.g., Excel, SAS, SQL).

SKILLS
➢ Excellent analytical skills with the ability to interpret complex financial data and identify trends,
patterns, and potential risks.
➢ Excellent attention to detail and the ability to meticulously review and verify information.
➢ Effective communication and presentation skills.
➢ Ability to work independently and as part of a team.
➢ Proficiency in using financial software applications and tools, including spreadsheets and financial
modelling software.
➢ Proficiency in financial analysis techniques, including ratio analysis, cash flow analysis, and credit
scoring models.
➢ Familiarity with industry-specific regulations, compliance requirements, and risk management
practices.

APPLICATION PROCESS
Submit your resume and cover letter to hr@elevatecredit.africa with “Credit Risk Analyst Application” as the
subject line