About Company
United Bank for Africa (UBA) Plc is a leading Pan-African financial institution, offering banking services to more than 25 million customers across 20 African countries, the United Kingdom, France, and the United Arab Emirates. With a rich history spanning over seven decades, UBA has grown to become a formidable force in the financial landscape, committed to driving economic growth and development across Africa. Our diverse workforce, innovative banking solutions, and unwavering dedication to customer satisfaction set us apart. At UBA, we believe in empowering our employees with opportunities for professional growth and development, fostering an environment where talent thrives, and contributions are valued. Join our dynamic team and be a part of a legacy of excellence, innovation, and impact.
Job Description
Are you an analytical powerhouse with a keen eye for financial detail and a passion for risk assessment? UBA is seeking a highly motivated and experienced Credit Analyst to join our esteemed team in Victoria Island, Lagos. In this pivotal role, you will be instrumental in evaluating the creditworthiness of clients, analyzing financial data, and preparing comprehensive credit reports to support lending decisions. This position offers a unique opportunity to contribute to UBA’s strategic growth by ensuring the prudent management of our loan portfolio and mitigating potential risks. You will work closely with relationship managers, legal teams, and senior credit officers, gaining exposure to a wide range of industries and complex financial structures. The ideal candidate will possess strong analytical capabilities, excellent communication skills, and a solid understanding of financial markets and regulatory frameworks. We are looking for someone who can not only interpret complex financial statements but also articulate risks and recommendations clearly and concisely. If you thrive in a fast-paced environment and are dedicated to maintaining the highest standards of financial integrity, we encourage you to apply. This role is a cornerstone of our credit risk management framework, essential for maintaining our robust financial health and supporting our clients’ aspirations across Africa.
Key Responsibilities
- Conduct thorough financial analysis of corporate and individual clients, including reviewing financial statements, cash flow projections, and business plans.
- Assess credit applications, identify potential risks, and recommend appropriate credit limits and terms.
- Prepare detailed credit appraisal reports, presenting findings and recommendations to senior management and credit committees.
- Monitor existing credit portfolios for signs of deterioration and propose corrective actions or restructuring where necessary.
- Ensure compliance with UBA’s credit policies, lending guidelines, and all relevant regulatory requirements.
- Collaborate with Relationship Managers to understand client needs and structure appropriate financial solutions.
- Stay abreast of industry trends, economic conditions, and regulatory changes affecting credit risk.
- Participate in the continuous improvement of credit risk management processes and tools.
- Engage in client meetings and site visits as required to gather information and assess business operations.
Required Skills
- Proven experience in credit analysis within the banking or financial services sector.
- Strong understanding of financial accounting, financial modeling, and ratio analysis.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- Excellent analytical, problem-solving, and decision-making skills.
- Ability to interpret complex financial data and draw sound conclusions.
- Exceptional written and verbal communication skills, with the ability to present complex information clearly.
- Attention to detail and accuracy.
- Sound knowledge of credit risk management principles and practices.
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
Preferred Qualifications
- Master's degree in a relevant field (e.g., MBA, Finance).
- Professional certifications such as CFA, ACCA, or relevant risk management qualifications.
- Experience with credit risk software and tools.
- Knowledge of Nigerian and Pan-African banking regulations.
- Prior experience working with diverse corporate client portfolios.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health insurance package.
- Pension scheme.
- Generous paid time off.
- Opportunities for professional development and career advancement within a leading Pan-African bank.
- Access to continuous learning and training programs.
- Supportive and collaborative work environment.
- Employee wellness programs.
- Work-life balance initiatives.
How to Apply
Interested and qualified candidates are encouraged to apply by clicking the application link below. Please ensure your resume highlights your relevant experience and qualifications for this role. Only shortlisted candidates will be contacted for an interview.