Credit Analyst

Credit Analyst – Job description

Information about the fund

Rugori Investment Network (RIN) is a newly founded impact investment company established for women, by women on the belief that investing in women leads to shared prosperity and economic growth. This powerful women’s network is backed by some of Rwanda’s most respected leaders in financial services and entrepreneurship, bringing a wealth of world-class expertise and rich local context.

RIN is providing catalytic funding under the investment readiness program to women-owned and women-led businesses across Rwanda. This sector agnostic program is aimed at preparing and positioning the beneficiaries for access to finance and business growth.

Job Description:

As a Credit Analyst at Rugori Investment Network (RIN), you will play a critical role in assessing and managing the creditworthiness of women-led businesses that seek funding. You will be responsible for conducting detailed financial analysis, evaluating risks, and helping shape the credit portfolio to support sustainability. This role shall report to

Key Responsibilities:

Credit Risk Assessment and Management:

• Conduct thorough evaluations of loan applicants, analyzing financial statements, credit histories, and business performance.
• Assess and rate risks associated with proposed investments, ensuring a balance between risk and returns.
• Develop and implement credit policies and procedures in alignment with RIN’s strategic goals.
• Monitor the ongoing performance of the credit portfolio, regularly updating management on key metrics and emerging risks.
• Ensure compliance with regulatory requirements and lending standards.

Financial and Business Analysis:

• Analyze financial data to assess liquidity, cash flow, and financial health of prospective borrowers.
• Recommend tailored financial solutions for women-owned businesses, ensuring alignment with both the client’s needs and RIN’s credit risk appetite.
• Collaborate with the business development team to evaluate the viability of new business opportunities and potential ventures.

Portfolio Management:

• Maintain oversight of the credit portfolio, ensuring timely review and updates of client status.
• Provide regular reports to the management and board on credit risk exposure, portfolio performance, and compliance with established limits.
• Lead efforts to continuously improve processes for credit assessment, risk management, and client onboarding.

Client Advisory and Support:

• Provide financial advice to clients on credit products and options to optimize their financial strategies.
• Educate clients on financial risks and the importance of maintaining strong credit standings.
• Build long-term relationships with RIN participants, supporting their growth through strategic financial management.

Collaboration and Reporting:

• Work closely with cross-functional teams, including credit managers and external partners, to ensure seamless credit operations.
• Prepare high-quality credit reports and presentations for internal decision-making and external stakeholders.
• Lead initiatives to streamline credit-related processes and improve efficiency within the organization.

Qualifications and Skills Required:

• Bachelor’s degree in finance, economics, accounting, or a related field (Master’s degree is an asset).
• At least 5 years of experience in credit analysis, financial institutions, or asset management.
• Strong analytical and quantitative skills, with experience in assessing credit risks and making sound financial recommendations.
• Deep understanding of credit risk management principles, portfolio management, and financial modeling.
• Common Size Analysis: Use common-size financial statement techniques to compare companies of varying sizes within the SME/MSME categories.
• Ratio Analysis: Leverage financial ratios, including debt-to-equity, current ratio, and return on assets, to evaluate the financial health of smaller businesses.
• Experience working in a fund management or financial services environment with an emphasis on SME or MSME sectors is preferred.
• Understand Industry Dynamics: Analyze market trends, customer behaviors, and sector-specific risks.
• Understand taxation policies and government incentives that impact SMEs/MSMEs, which can affect loan repayment capabilities.
• Economic Indicators: Familiarize yourself with economic metrics and indicators that affect SMEs/MSMEs, such as inflation, interest rates, and industry growth patterns.
• Competitive Analysis: Assess competitive positioning within the industry, understanding factors that drive demand and competition.
• Excellent interpersonal and communication skills, with the ability to explain complex financial concepts to non-financial stakeholders.
• Fluency in English and Kinyarwanda is required, with working knowledge of French considered a plus.

How to Apply

Interested applicants fulfilling the above-mentioned criteria are invited to submit their applications including CV/Resume, a motivational letter to Executive Director, Rugori Investment Network via email on dkareba@rugori.rw not later than 29^th November 2024. Only shortlisted candidates will be invited for interviews.