Financial Credit Analyst- KSA

Bank of Jordan; Saudi Arabia; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading banking institution in Saudi Arabia is seeking a Credit Analyst. The role involves analyzing credit requests, conducting risk assessments, and preparing reports on borrowers. Candidates should have a Bachelor's degree in a relevant field and at least 1 year of experience in credit or data analysis. Strong analytical and communication skills are essential, along with full proficiency in English.

Qualifications

• Minimum of 1 year of experience in credit or data analysis.
• Full proficiency in English.
• Computer literacy and knowledge of the bank's services and products.

Responsibilities

• Analyze data related to credit facility requests and make recommendations.
• Conduct analysis to assess risks for credit decisions.
• Prepare detailed credit reports on borrowers.

Skills

Strong analytical abilities

Advanced statistical and mathematical tools

Communication and interpersonal skills

Planning and organizational skills

Education

Bachelor's degree in Business Administration, Economics, Banking & Finance, Statistics, or related field

Job description

Responsibilities

• Analyze data related to credit facility requests received by the department and record recommendations for use by relevant bank entities in decisions regarding new lending/investments, renewals, modifications, and restructuring of existing loans/investments.
• Conduct in-depth analysis of available data to enhance the identification, assessment, and measurement of risks more effectively and efficiently for all credit decisions.
• Provide decision-makers with accurate figures, information, data, and analyses to ensure sound credit decisions aligned with the bank’s objectives.
• Review and analyze credit information and any matters related to credit reports, including studying the economic sector’s situation, financial solvency and sustainability, collateral status, guarantors, etc.
• Prepare detailed credit reports on borrowers, covering their credit standing, repayment capabilities, potential default risks, and the benefits of establishing/maintaining relationships with them, record observations, and submit to the direct supervisor.
• Provide all required data and reports to relationship managers and the direct supervisor upon request to facilitate decision-making and recommendation processes.
• Contribute to the analysis of projected cash flows by preparing necessary reports and supplying the direct supervisor with all relevant data and information.
• Keep the direct supervisor informed of all developments, events, and economic reports related to market sectors, credit portfolios, and clients.
• Provide necessary support for all corporate-related projects and supply relevant parties with data/reports/information as needed.

Qualifications

• Bachelor’s degree in Business Administration, Economics, Banking & Finance, Statistics, or a related field.
• Minimum of 1 year of experience in credit or data analysis in banks or related institutions.
• Strong analytical abilities with proficiency in advanced statistical and mathematical tools, solid quantitative skills, and knowledge of stress tests, Basel, and Credit/Market/Operational/Liquidity Risk.
• Full proficiency in English.
• Computer literacy and ability to work with applied systems.
• Good knowledge of the bank’s services and products.
• Full understanding of work-governing policies and procedures, including internal and external updates.
• Ability to work under pressure.
• Strong communication and interpersonal skills.
• Planning and organizational skills.