Bank and NBFI Credit Analyst

About the role

RMB Nigeria Limited is seeking a Credit Analyst to support independent credit assessment, monitoring and risk management of banks, sovereigns, non‑bank financial institutions and other financial sector exposures. Reporting to the Head of Financial Institutions Credit, the role involves detailed financial analysis, preparation of credit applications and annual reviews, and timely escalation of emerging risks.

Key responsibilities

• Conduct credit analysis on assigned banks, sovereigns, non‑bank financial institutions, insurance companies and development finance institutions, reviewing annual reports, audited financial statements and regulatory filings.
• Prepare comprehensive credit applications, annual reviews and memoranda, and present findings to internal approval committees.
• Determine internal credit ratings and risk grades in line with the bank’s policies and rating methodologies.
• Monitor approved counterparties for emerging credit risks, adverse trends and compliance with credit limits, covenants and risk conditions.
• Liaise with relationship managers, treasury, risk management and external stakeholders to obtain information, participate in client meetings and due‑diligence visits, and ensure assessments meet regulatory and governance standards.
• Maintain accurate credit records, financial spreading databases and internal risk systems, and escalate significant concerns according to established protocols.

Required profile

• Bachelor’s degree in Finance, Accounting, Economics, Banking or related field with at least Second‑Class Upper (or equivalent) standing.
• Minimum of 3 years’ experience in credit analysis, banking, audit, risk management or financial analysis, preferably within a large financial institution or consulting firm.
• Strong numerical and analytical abilities, with capability to extract, manipulate and analyse large data sets and understand key banking credit metrics.
• Good written communication skills for preparing clear credit memoranda and presenting recommendations.