Financial Institutions (NBFI) Credit Analyst

AI summary

RMB Nigeria Limited is hiring a Financial Institutions (NBFI) Credit Analyst to support independent credit assessment, monitoring and risk management of sovereign, bank, non-bank, insurance and development finance institution exposures. The role involves preparing credit applications and annual reviews, monitoring counterparties, maintaining credit records, and escalating emerging risks. The position reports to the Head of Financial Institutions Credit.

• Focused credit analyst role covering banks, sovereigns, NBFIs, insurers and DFIs
• Reports to the Head of Financial Institutions Credit at RMB Nigeria
• Involves credit applications, annual reviews and internal committee presentations
• Requires monitoring of financial metrics, covenants and emerging credit risks
• Emphasises compliance with internal credit policies and regulatory standards

Original source description

The successful candidate will conduct detailed financial and credit analysis, prepare credit applications and annual reviews, support portfolio monitoring activities, and contribute to informed credit decision-making through the timely identification and escalation of emerging risks. The role requires close collaboration with key stakeholders and governance standards and regulatory requirements. An opportunity is available for a Bank and Non-Bank Financial Institutions (NBFI) Credit Analyst at RMB Nigeria Limited, reporting to the Head of Financial Institutions (FI) Credit. The Credit Analyst is responsible for supporting the independent credit assessment, monitoring, and risk management of sovereign, bank, non-bank financial institution, insurance company, development finance institution and other financial sector exposures within RMB Nigeria. Responsibilities: The successful candidate will be responsible for: Monitor approved counterparties and identify emerging credit risks, adverse trends and potential rating migrations. Review and assess annual reports, audited financial statements, management accounts, regulatory filings and other financial information. Maintain accurate counterparty credit records, financial spreading databases and internal risk systems. Escalate significant credit concerns, deteriorating trends or limit breaches to senior analysts and management in line with established escalation protocols. Liaise with relationship managers, treasury teams, risk management teams and external stakeholders to obtain information and clarify credit issues. Ensure all credit assessments comply with internal credit policies, regulatory requirements: and risk governance standards. Conduct credit analysis on assigned banks, sovereigns, non-bank financial institutions, insurance companies, development finance institutions and other financial sector counterparties. Keep abreast of industry, country and sovereign risk analysis to understand external factors affecting counterparties. Collaborate with senior credit analysts in the structuring, assessment and ongoing monitoring of financial institutions exposures, as well as in executing portfolio reviews, sector studies and special risk assessment projects. Maintain up-to-date knowledge of banking and other financial institutions’ regulations, prudential guidelines and developments within the financial services sector. Support the review and recommendation of interbank, trade finance, treasury and other financial institutions exposure limits. Monitor compliance with approved credit limits, covenants and other risk conditions. Monitor news, market developments and rating agency publications to identify material events impacting counterparties. Prepare detailed credit applications, annual reviews and credit memoranda, as well as presenting same to internal approval committees where required. Analyze key financial metrics including capital adequacy, asset quality, earnings, liquidity, funding profile and profitability. Participating in client meetings, management discussions and due diligence visits where required. Assist in determining internal credit ratings and risk grades in accordance with the bank's credit policies and rating methodologies. Key Deliverables Credit analysis, risk assessments and internal rating recommendations supported by sound understanding of institutions’ counterparties, industries and key risk drivers Effective portfolio monitoring, surveillance activities and maintenance of credit records and systems to support informed risk oversight, governance and decision -making. Consistent adherence to credit policies, rating methodologies, governance standards and regulatory requirements: while contributing to portfolio reviews, sector studies and broader Credit team objectives. High-quality credit applications, annual reviews, rating reviews and credit memoranda completed within prescribed timelines and in accordance with approved credit standards. Ongoing monitoring as well as timely identification, and escalation of emerging risks, adverse developments, rating migration concerns, limit breaches and other material credit events across assigned counterparties and portfolio exposures. Role Interfaces/Interacts: Operations and Middle Office Functions. Risk & Compliance: Regulatory and Compliance oversight, Internal Audit: Information provision for audit assurance exercises Reporting (including Operational and Climate Risk). Credit Department: Information sourcing/sharing, transfer of skills (development). Legal Department: Legal services & advice. Credit Rating Agencies. Finance: Information sourcing/sharing. Banks and Non-Bank Financial Institutions. Head of Financial Institutions Credit and Head of Credit. Credit appetite setting, governance oversight, policy management & review. Client-facing teams. FirstRand Bank Central Credit and subsidiaries Credit Risk. Experience: & Qualifications At least 3 years’ experience: in credit analysis, banking, audit, risk management, financial analysis, or other related fields, preferably within a large financial institution or consulting firm. Progress towards or interest in relevant professional qualifications within the accounting, finance or risk management fields is desirable, but not mandatory. A Bachelor’s Degree in Finance, Accounting, Economics, Banking or other business-related field (preferred), with a minimum qualification of Second-Class Upper division or equivalent. Skills Requirement & Personal Attributes: Basic understanding of Treasury and financial products, and markets. High degree of self-confidence; pleasant personality; well presented. Flexible, when necessary, with the ability to manage multiple deadlines and priorities. Understanding of credit risk assessment principles and methodologies. Ability to work independently, while also collaborating effectively with stakeholders Basic understanding of the banking business model, funding structures and risk drivers. Strong character & integrity are paramount. Strong numerical and analytical skills, with ability to extract, manipulate and analyze large datasets. Strong report-writing skills, with ability to prepare clear and concise credit memoranda. Basic awareness of regulatory frameworks and prudential requirements: applicable to major types of financial institutions. Well organized / good time management skills / disciplined / detail orientated. Ability to identify key strengths, weaknesses and emerging risks from financial and qualitative information. Self-starter, able to work with minimal supervision. Ability to analyze key banking and financial institution credit metrics Strong work ethic and able to operate in a fast-changing environment. Good verbal communication and presentation skills Good understanding of financial statement analysis within the context of financial institutions, including balance sheets, income statements and cash flow statements. Ability to assess risks (including credit, legal, taxation and exchange control), while articulating credit recommendations and risk concerns effectively. How to Apply Interested and qualified candidates should: Click here to apply online Application Deadline: 26th August, 2026. View all Jobs in Nigeria Lagos State