Flowt: Credit Officer

About the role

As a Credit Officer at Delta40, you will play a crucial role in managing and assessing credit applications for our innovative financial solutions. Your expertise will help ensure that our lending practices are both responsible and aligned with the company's strategic goals. You will collaborate closely with various teams to enhance our credit evaluation processes, ensuring that we maintain high standards while supporting our clients' financial needs. This position is based in Nairobi, Kenya, and offers a full-time engagement with opportunities for professional growth in a dynamic environment.

Key facts

What you'll do

• Evaluate credit applications by analyzing financial statements, credit histories, and other relevant documentation to assess the creditworthiness of potential clients.
• Develop and implement credit policies and procedures that align with industry best practices and regulatory requirements.
• Collaborate with the risk management team to identify potential risks associated with lending decisions and recommend appropriate mitigation strategies.
• Maintain accurate and up-to-date records of all credit assessments and decisions, ensuring compliance with internal and external reporting requirements.
• Provide training and support to junior team members on credit assessment techniques and tools, fostering a culture of continuous learning.
• Conduct regular reviews of existing credit accounts to ensure ongoing compliance with lending policies and to identify opportunities for portfolio optimization.
• Work closely with sales and customer service teams to address client inquiries and resolve any issues related to credit applications or approvals.
• Prepare detailed reports and presentations for senior management, summarizing credit trends, portfolio performance, and recommendations for improvement.
• Stay informed about market trends, economic conditions, and regulatory changes that may impact credit risk and lending practices.
• Participate in cross-functional projects aimed at enhancing the overall customer experience and improving operational efficiency.
• Engage with external stakeholders, including credit bureaus and financial institutions, to gather insights and data that support informed lending decisions.
• Assist in the development of marketing materials and campaigns that promote Delta40's credit products and services to potential clients.

Requirements

• A bachelor's degree in finance, economics, business administration, or a related field.
• A minimum of 3 years of experience in credit analysis, risk management, or a related role within the financial services industry.
• Strong analytical skills with the ability to interpret complex financial data and make sound credit decisions.
• Excellent communication skills, both written and verbal, with the ability to present findings and recommendations clearly to various stakeholders.
• Proficiency in financial modeling and credit assessment tools, along with a solid understanding of credit scoring methodologies.
• Familiarity with relevant regulations and compliance standards governing lending practices in the region.
• Strong attention to detail and a commitment to maintaining high standards of accuracy in all work.

Nice to have

• Professional certifications in credit analysis or risk management (e.g., CFA, FRM) would be an advantage.
• Experience working with financial technology platforms or credit management software.
• Knowledge of the local market and economic conditions affecting credit risk in Kenya.
• Multilingual abilities, particularly in Swahili or French, would be beneficial for client interactions.

Skills & tools

• Financial modeling and analysis
• Credit assessment and risk evaluation
• Proficiency in Microsoft Excel and financial software
• Strong presentation and report-writing skills
• Knowledge of regulatory compliance standards
• Familiarity with customer relationship management (CRM) tools

Practical notes

• This position is based in Nairobi, Kenya, and may require occasional travel within the region for client meetings or industry events.
• The salary for this role is competitive and will be determined based on the candidate's experience and qualifications.
• Delta40 is committed to fostering a diverse and inclusive workplace, and we encourage applications from individuals of all backgrounds.
• Interested candidates can apply through the provided link: [Apply here](https://delta40.bamboohr.com/careers/133).

Join Delta40 as a Credit Officer and be part of a forward-thinking team dedicated to transforming the financial landscape in Kenya. Your expertise will contribute to our mission of providing accessible and responsible credit solutions to our clients.