Corporate Credit Analyst

Bank of Bahrain & Kuwait; Kuwait City; On-site; KWD 15,000 - 30,000; Full time

Job summary

A prominent financial institution located in Kuwait City is seeking to hire a professional to provide critical support to managers in assessing the financial conditions of borrowers. The role involves conducting comprehensive financial analyses, ensuring accuracy in financial statements, and adhering to compliance and operational standards. This position offers an opportunity to engage directly with clients and develop banking products knowledge.

Responsibilities

• Provide quality support to managers in assessing financial conditions of borrowers.
• Conduct comprehensive financial analysis including SWOT analysis.
• Analyze credit and financial information of commercial banking customers.
• Ensure accuracy in financial statement spreads for informed credit decisions.
• Participate in client calls with managers and prepare call reports.
• Stay updated with business developments through daily and periodical press.
• Organize account review dates with relationship officers.
• Maintain efficient computerized documentation.
• Understand and comply with bank credit policies and amendments.
• Adhere to compliance and operational risk controls.
• Participate in training sessions to enhance skills.

Job description

Job Purpose

To provide efficient and quality support to managers in determining the financial conditions of existing/ prospect borrowers.

Job Responsibilities

• Spreading financial statements and prepare comprehensive financial analysis including & not limited to SWOT financial analysis identifying strengths, weaknesses, opportunities and threats.
• Analyze credit and financial information of current and potential Commercial Banking business customers ranging from simple to very complex in nature.
• Quality check financial statement spreads for accuracy to enable informed credit decisions to be made.
• Join the manager on selective basis in calling on clients and prepare call report.
• Read daily and periodical business related press to be in constant update with latest business development.
• Organize accounts review dates in co-ordination with relationship officers and setting up priorities for existing and setting up priorities deals.
• Maintain computerized versions in an efficient and retrievable manner.
• To be familiar with the bank credit policy and to be aware of amendments to this policy.
• Adhere strictly to compliance and operational risk controls in accordance with the bank and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
• Attends and participates in both in-house and outside training sessions to maintain awareness of overall bank products and/or technologies to increase the skills level.
• Research and assist with the preparation of credit application.