Credit Analyst, Credit Risk Management Division

Job Description

Title: Credit Analyst, Credit Risk Management Division

Company Name: Midland Bank PLC

Vacancy: --

Age: 28 to 45 years

Location: Dhaka

Experience:
∎ At least 4 years

Published: 30 Jul 2024

Education:
∎ Minimum graduate, in relevant background without having 3rd class/division in any examination.
∎ Minimum graduate, in relevant background without having 3rd class/division in any examination.

Requirements:

Additional Requirements:
∎ Age 28 to 45 years
∎ Minimum Four (04) years of work experience in permanent position at Credit Risk Management Division (Corporate/CMSME/Retail Risk) with reputed Banks.
∎ Strong interpersonal and communication skills.
∎ Proficient in financial analysis & written English.
∎ Understanding of credit appraisal, financial statement analysis, ICRRS, borrower selection, project financing evaluation, etc.
∎ Well conversant with Bank Companies Act, Partnership Act, Bankruptcy Act, Bangladesh Artha Rin Adalat Ain, Negotiable Instrument Act, Bangladesh Bank guidelines and other financial laws, etc.
∎ Adequate computer literacy to work on online software modules & MS Office packages.
∎ Job Location Head Office, Dhaka.
∎ Minimum Four (04) years of work experience in permanent position at Credit Risk Management Division (Corporate/CMSME/Retail Risk) with reputed Banks.
∎ Strong interpersonal and communication skills.
∎ Proficient in financial analysis & written English.
∎ Understanding of credit appraisal, financial statement analysis, ICRRS, borrower selection, project financing evaluation, etc.
∎ Well conversant with Bank Companies Act, Partnership Act, Bankruptcy Act, Bangladesh Artha Rin Adalat Ain, Negotiable Instrument Act, Bangladesh Bank guidelines and other financial laws, etc.
∎ Adequate computer literacy to work on online software modules & MS Office packages.
∎ Job Location Head Office, Dhaka.

Responsibilities & Context:
∎ Perform high-level analysis of financial information/credit data to assess credit-worthiness and financial status of businesses/individuals applying for loans, hence evaluating risk levels and recommend new credit lines, credit limits and loan extensions.
∎ Processing credit/investment proposals assigned by the supervisor.
∎ Ensure credit quality and thereby minimize potential loss to the Bank through a focused and independent analysis of credit risk and in-depth knowledge of markets/industry sectors, simultaneously ensuring timeliness of credit application.
∎ Analyzing credit proposal through assessment of different risk factors like financial risk, business/industry risk, management risk, scrutiny risk, relationship risk, market risk and prepare credit memo as per approved format and place the memo to reporting authority for recommendation.
∎ Analysis of borrower, industry, conduct of account, purpose of loans, pricing, ICRR, CIB Report, etc.
∎ Remain time bound to process credit proposals for recommendation of line manager.
∎ Ensuring early alert reporting through identification of deteriorating sign at the initial stage.
∎ Visit client's factory/outlets as and when required.
∎ To ensure that the credit proposals comply with the CRM guidelines, and the existing rules and regulations of the Bank and all regulatory authorities and laws of the country.
∎ Maintaining MIS and systematic filing process to ensure timely and quick accessibility to the necessary file.
∎ Any other work/responsibility as and when assigned by the supervisor/Management of the Bank.
∎ Job Context:
∎ Perform high-level analysis of financial information/credit data to assess credit-worthiness and financial status of businesses/individuals applying for loans, hence evaluating risk levels and recommend new credit lines, credit limits and loan extensions.
∎ Prime Responsibilities
∎ Processing credit/investment proposals assigned by the supervisor.
∎ Ensure credit quality and thereby minimize potential loss to the Bank through a focused and independent analysis of credit risk and in-depth knowledge of markets/industry sectors, simultaneously ensuring timeliness of credit application.
∎ Analyzing credit proposal through assessment of different risk factors like financial risk, business/industry risk, management risk, scrutiny risk, relationship risk, market risk and prepare credit memo as per approved format and place the memo to reporting authority for recommendation.
∎ Analysis of borrower, industry, conduct of account, purpose of loans, pricing, ICRR, CIB Report, etc.
∎ Remain time bound to process credit proposals for recommendation of line manager.
∎ Ensuring early alert reporting through identification of deteriorating sign at the initial stage.
∎ Visit client's factory/outlets as and when required.
∎ To ensure that the credit proposals comply with the CRM guidelines, and the existing rules and regulations of the Bank and all regulatory authorities and laws of the country.
∎ Maintaining MIS and systematic filing process to ensure timely and quick accessibility to the necessary file.
∎ Any other work/responsibility as and when assigned by the supervisor/Management of the Bank.

Compensation & Other Benefits:
∎ Competitive Salary
∎ Other admissible benefits as per Service Rules of the Bank
∎ Career progression opportunity based on performance
∎ Festival Bonuses/ Medical Facilities/ Other benefits
∎ Competitive Salary
∎ Other admissible benefits as per Service Rules of the Bank
∎ Career progression opportunity based on performance
∎ Festival Bonuses/ Medical Facilities/ Other benefits

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Candidates will be treated strictly on merit, experience and performance record. Only short-listed candidates will be communicated and any sort of persuasion will result in disqualification. MDB reserves the right to accept or reject any application without assigning any reason whatsoever.