About Company
Ecobank Transnational Incorporated (ETI), commonly known as Ecobank, is a leading pan-African banking group with a presence in 33 African countries. Established in 1985 with the vision of creating a world-class African bank, Ecobank has grown to become a full-service universal bank providing wholesale, retail, investment, and transaction banking services to governments, financial institutions, multinationals, local companies, and individuals. Our mission is to build a world-class pan-African bank and contribute to the economic development and financial integration of Africa. We are committed to fostering a diverse, inclusive, and empowering work environment where talent thrives and innovation is celebrated. Join Ecobank and be part of a team that is shaping the future of banking across the continent.
Job Description
Are you a meticulous financial professional with a keen eye for detail and a passion for risk assessment? Ecobank is seeking a highly motivated and experienced Credit Analyst to join our dynamic team in Rumuodomaya, Port Harcourt. This is an exceptional opportunity for an individual to contribute significantly to our credit management processes, ensuring sound lending decisions and mitigating potential risks. As a Credit Analyst, you will play a pivotal role in evaluating the creditworthiness of corporate and individual clients, analyzing financial statements, market trends, and industry-specific data to provide comprehensive credit recommendations. Your analytical insights will directly impact our business growth and portfolio quality. We are looking for someone who thrives in a fast-paced environment, possesses strong communication skills, and is dedicated to upholding the highest standards of financial integrity. If you are ready to take on a challenging yet rewarding role with a leading pan-African bank, where your expertise will be valued and developed, we encourage you to apply today. This role offers exposure to diverse sectors and client types, providing an excellent platform for career progression within our extensive network. We believe in empowering our employees with the tools and training necessary to excel and make a tangible difference in the lives of our customers and the communities we serve.
Key Responsibilities
- Conduct thorough financial analysis of loan applications, including cash flow projections, balance sheet reviews, and income statement assessments.
- Prepare detailed credit appraisal reports and recommendations for management approval, ensuring adherence to internal credit policies and regulatory guidelines.
- Assess and evaluate the creditworthiness of corporate and individual clients through comprehensive financial and non-financial data analysis.
- Monitor existing credit facilities, identify early warning signals of potential default, and recommend appropriate remedial actions.
- Participate in client meetings to understand business operations, financial needs, and risk profiles.
- Stay abreast of industry trends, economic conditions, and regulatory changes that may impact credit risk.
- Ensure accuracy and completeness of all credit documentation and records.
- Collaborate effectively with relationship managers, legal, and compliance teams to facilitate smooth credit processing.
- Contribute to the continuous improvement of credit risk models and processes.
- Provide clear, concise, and timely responses to queries from internal and external stakeholders regarding credit decisions.
Required Skills
- Strong analytical and financial modeling skills.
- Proficiency in interpreting financial statements and ratios.
- Excellent written and verbal communication skills.
- Demonstrated ability to make sound credit judgments.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
- Understanding of banking products and services.
- High level of integrity and attention to detail.
Preferred Qualifications
- Master's degree in Finance, Economics, Business Administration, or a related field.
- Relevant professional certifications (e.g., CFA, FRM, ACA, ACCA).
- Experience with credit risk software and financial databases.
- Knowledge of local market dynamics and regulatory environment in Nigeria.
- Prior experience working with corporate and commercial clients.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health insurance package.
- Pension scheme.
- Opportunities for professional development and career advancement.
- Access to a wide range of training programs.
- Employee wellness programs.
- Conducive and collaborative work environment.
- Employee discount on bank services.
How to Apply
Interested and qualified candidates are encouraged to apply by clicking on the application link below. Please ensure your CV and cover letter highlight your relevant experience and how you meet the requirements for this role. Only shortlisted candidates will be contacted for an interview.