Credit Analyst

Job Overview:

In the credit analyst role, you will review Loan applications and assess their Credit Worthiness. An assessment of Credit Worthiness would require an extensive knowledge of Credit lending and procedures. It is expected to produce a detailed Credit Memo for each Loan application along with the calculation of relevant financial ratios and credit metrics. You are expected to consult with credit associations and rating agencies to obtain relevant credit information to strengthen the Credit Memo. It is critical that you accurately assess the credit score and repayment ability of the borrower. Success in this role will be demonstrated by providing valuable insights to help the firm make sound decisions on lending, safeguard receivables, boost interest income, and limit bad credit or non-performing loans. The Loan application would range from SME to Large corporations. 

Main Duties:

• Prepares credit memo, reports and loan recommendations.
• Evaluates credit profile, risk exposure, and other risk factors.
• Analyzes balance sheet, cash flow, and credit history.
• Computes interest accruals and plots repayment schedule.
• Maintains and updates existing credit files.
• Stays updated about industry news, key trends, and macroeconomic news.
• Ensures compliance with credit policies.
• Reconcile credit files and identify discrepancies and variances.
• Develop and prepare spreadsheets and models to support analysis of new and existing credit applications.
• Conduct thorough analysis of financial statements and assessment of credit requests.
• Provide recommendations tied to analysis and assessment of credit risk.
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay.

About CXDA:

SME finance is one of those areas that typically struggle to access funds necessary to enable future growth. CXDA is building next gen liquidity markets for SME finance by directly targeting and resolving these challenges. 

CXDA bridges the gap between the $billions of potential investment capital and SME businesses that are capital starved and face challenges in traditional financial markets to access much needed growth credit.

Based in the UAE and since January 2024, our pipeline has been steadily growing, in the UAE, Egypt and Kenya.  CXDA has an ambitious roadmap to develop liquid markets for SME Finance in the Middle East and Africa. Our current pipeline includes Coca Cola, DMCC, Afreximbank, and Emirates Development Bank.