Overview
The Youth Economy Agency (YEA) is seeking a suitably qualified and motivated Business Support Analyst – Loans to support the effective management and monitoring of the Agency’s loan portfolio.
The incumbent will be responsible for conducting financial and credit analysis, interviewing clients, undertaking site visits, preparing loan appraisal reports and providing technical guidance to clients.
Deadline for submission is September 30th at 4:30 p.m.
KEY FUNCTIONS
- Review loan applications and conduct relevant financial, economic and technical analysis to determine compliance with the Agency’s credit standards and established risk profiles;
- Assess applicants’ business viability, risk profile, repayment capacity and character;
- Prepare, analyse, and present cash flow projections and statements to assess applicants’ financial viability, repayment capacity, and ability to meet proposed loan obligations.
- Prepare comprehensive loan appraisal reports outlining findings, recommendations, proposed terms and appropriate controls;
- Interview prospective clients seeking financing and technical assistance and assess their eligibility for YEA support;
- Conduct site visits to prospective and existing clients to support credit assessment and ongoing monitoring;
- Monitor the implementation and performance of projects funded by the YEA;
- Follow up on repayment arrangements and identify and escalate potential arrears, defaults and other portfolio risks;
- Maintain accurate and up-to-date records on the status of assigned loan applications and funded projects;
- Prepare weekly, monthly and other required reports on loan applications, portfolio performance and client monitoring activities;
- Provide appropriate guidance to clients and identify training and development
needs; and - Perform other related functions assigned by the Business Development Officer and other duly authorized Officers of the YEA.
APPLICANT REQUIREMENTS
- A Bachelor’s Degree in Finance, Banking, Economics, Business Management, or an equivalent professional qualification;
- A minimum of three (3) years’ experience in loan processing, credit analysis or commercial lending, preferably within a financial institution, development finance organization or similar environment;
- Demonstrated ability to conduct financial, economic and technical analysis of loan applications;
- Advanced knowledge of financial statement analysis and credit risk assessment;
- Strong analytical, critical-thinking and problem-solving skills;
- Excellent written and verbal communication skills, including report writing and client-facing communication;
- Strong interpersonal and negotiation skills;
- High level of attention to detail and strong organizational skills;
- Ability to manage a varied caseload efficiently within established turnaround times;
- Ability to maintain confidentiality in relation to client and institutional information;
- Ability to work effectively both independently and as part of a team; and
- Knowledge of relevant legal, compliance and market-risk frameworks applicable to credit approval would be considered an asset.
Suitably qualified candidates should e-mail their resume to recruitment@youtheconomy.lc with two (2) listed references.
APPLY NOW!