Specialist Private Credit Analysis

Al Ahli Bank of Kuwait; Kuwait; On-site; KWD 15,000 - 25,000; Full time

Job summary

A leading bank in Kuwait is seeking a Financial Analyst to manage and assess the financial position of customers for credit appraisal. The role involves interpreting financial data, preparing credit applications, and ensuring compliance with governance standards. Candidates should possess a Bachelor's degree, at least 5 years of banking experience, and proficiency in financial analysis tools.

Qualifications

• Minimum 5 years of banking sector experience.
• Experience in financial analysis using associated tools and techniques.
• CFA or minimum CFA Level 1 & 2 recommended.

Responsibilities

• Interpret and analyze financials to produce effective reports.
• Prepare credit application processes conforming to CBK standards.
• Support the credit review process with adequate information.

Skills

Understanding of corporate banking products and credit

Expertise in accounting policies

Effective writing and communication skills

Education

Bachelor's Degree or Equivalent Certification

Tools

Financial analysis tools

Job description

Reports To

Head of Wealth Management & Private Credit Administration

Job Purpose

Manage & perform the process of in-depth assessment of the financial position and performance of the customers based on their financials to support credit appraisal / review including Equity Valuations / Investment Lending.

Generic Accountabilities

Corporate Governance and Compliance: Work fully within risk policies and procedures and compliance regulations and ensure all divisional activities comply with corporate governance & regulatory/legal frameworks.

Specific Accountabilities

Generic Responsibilities:

• Corporate Governance and Compliance: Work fully within risk policies and procedures and compliance regulations and ensure all divisional activities comply with corporate governance & regulatory/legal frameworks.

Core Responsibilities:

• Financial Analysis: Interpret and analyze financials supported by spreadsheets and other gathered information to produce effective reports supporting informed decision-making.
• Credit applications: Prepare credit application processes by providing financial analysis reports conforming to CBK standards.
• Credit committee: Support the credit review process by providing credit committees with adequate information on the reported financials of the customers.
• Information gathering & Processing: Manage information gathering and effective processing within the unit to support quality analysis. Engage with business units for clarifications/ additional details on financials.
• Credit expertise: Provide expertise in financial review and ensure independent opinion on customers based on their financials.
• Information Gathering & Processing: Drive information gathering and effective processing within the unit to support quality analysis. Foster effective liaison with business units for clarifications/ additional details.
• Credit Analysis: Support the unit to ensure analysis of financials and submission of reports in line with PBD standards.
• Monitoring: Continuously monitor and review granted credit facilities to ensure thresholds are not breached.

Job Success Factors

Education

Bachelor's Degree or Equivalent Certification/Experience

Experience

• Minimum 5 years of banking sector experience.
• Experience in financial analysis using associated tools, techniques, and methodologies.
• CFA or minimum CFA Level 1&2. FRM or CCM or ACCM is recommended.
• Extensive experience in financial analysis and handling financials.
• Proficient interpretation of financials.
• Effective financial analysis and assessments to support lending decisions.
• High-quality submissions to credit committees.
• High-quality advice and expertise across PBD.
• Consistent, high-quality service and support.
• Stay updated on industry news, key trends, and macroeconomic developments.
• Maintain & update credit files and follow-up on approved facilities to ensure risk thresholds are met.

Skills

• Understanding of corporate banking products and credit.
• Expertise in accounting policies, standards, and financial analysis tools & techniques.
• Effective writing and communication skills.

Work Contact

Interview Questions

JD Code

PAWD 25.03