Job Title: Credit Analyst
Duty Station: Kampala,
Reports to: Team Leader- Personal and Business Banking Credit Analysis
DFCU Bank is a fast
growing commercial bank offering a variety of innovative products and services.
DFCU Limited was started by the Commonwealth Development Corporation (CDC) of
the United Kingdom and the Government of Uganda through the Uganda Development
Corporation (UDC) under the name of Development Finance Company of Uganda
Limited. Later restructuring brought in DEG (of Germany) and International
Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25%
stake in the company. Its objective was to support long-term development
projects whose financing needs and risk did not appeal to the then existing
financial commercial lending institutions.
Job Summary: The Credit Analyst will be responsible for
developing and analyzing medium to large fundable credit proposals through
effective credit appraisals and due diligence process so as to achieve quality
Key Duties and Responsibilities:
and prepare credible credit proposals with the result of getting quick approval
from the credit approval team and manage customer expectations.
appropriate structure and the financing need and pricing for the different
credit applications and advise the relationship managers and customers
accordingly to ensure that it meets set standards and complies with the credit
submission of required documents to credit and legal departments to have fast
turnaround time, compliance with internal controls as per credit approval
criteria detailed in the Credit Policy and Operational Guidelines to
avoid/minimize loss of revenue and prevent frauds and forgeries.
physical visits, inspect, and confirm the existence of the business for
proposed credit facilities to ensure that customer business is in line with the
bank’s acceptable credit risk appetite.
existing credit facilities on an annual basis, make necessary propositions like
renewals, restructures, to minimize arrears and avert likely NPA while ensuring
customer retention, revenue stability and identifying new business.
annual credit review calendar and prompt relationship managers to obtain the
necessary information for reviews of credit facilities.
clients’ compliance to set covenants and conditions at facility approval.
pricing of credit applications and reviews to ensure full collection of fees
and commissions for growing the revenue line.
Qualifications, Skills and Experience:
ideal candidate for the DFCU Bank Credit Analyst job should hold a Degree in
either Business Studies, Management, or Economics.
Analysis and Underwriting training.
years of working experience in credit analysis in the Banking industry or any
Credit Analysis skills – interpretation of financial information.
thorough understanding of bank products and general knowledge on current trends
in the market.
communication skills – both written and oral.
and business modelling.
to manage time and pressure effectively to ensure no loss of efficiency.
and efficient i.e. goal and task oriented to complete multiple priorities and
with the dynamic demands of the different teams in relationship management,
credit sanctioning, disbursement, legal etc.
to deal with clients directly.
to keep abreast on changes in the market, customer requirements, competitors’
responses, and the bank’s ability to use information to identify new business
opportunities and threats.
to keep abreast on changes in the market, customer requirements and
to identify new business /products on the market, opportunities, and threats in
order to carry out a comprehensive credit analysis.
interpersonal skills – ability to quickly build rapport with new people.
qualified and interested candidates are encouraged to send applications with detailed
CV’s including present position and copies of relevant professional/academic
certificates (University Transcript, O and A level) to the email address
indicated below; Vacanciesbank@dfcugroup.com
Deadline: 9th March 2021