Credit Analyst job at M-KOPA

Organization:

M-KOPA

About the Organization:

M-Kopa is an African connected asset financing platform that provides underbanked customers in Africa to essential products including solar lighting, televisions, fridges, smartphones & financial services. M-Kopa was launched commercially in 2012 and is headquartered in Nairobi.

Job Description

Working as a Credit Analyst within our FinTech Repayments and Portfolio Group offers the chance to collaborate with colleagues based in Europe and Africa solving real world problems that have a huge scale of social impact across Africa.
In contrast to other analyst roles at M-KOPA, that focus on understanding what did or will happen, the role of a Credit Analyst is to answer the “why did it happen” and “what should we do” questions. Which we bucket into three areas:
· Deep dives
· Testing ideas
· Modelling
This role requires a swiss-army-knife skillset as you will jump from one problem to the next and quickly adapt to different datasets, modelling paradigms and commercial contexts.
At M-KOPA we use the latest technologies and tools to build fantastic customer experiences with a socially and environmentally conscious mission that echoes throughout the organisation.

Duties and Responsibilities

Analysis of Digital Financial Services Data – end-to-end analytics workflow that includes defining critical metrics, experimentation, A/B testing, analysis, and building meaningful dashboards.
Utilising - strong coding skills with Python to work with complex backend data.
Squads - working closely with our Product and Analytics teams.

Collaborating - very closely with our Analytics and Machine Learning engineers who are responsible for data orchestration and managing our machine learning models.
Insights - delivering insightful presentations that help shape commercial decisions in our FinTech group.
Problem Solving - advising and researching on complex business problems that affect our repayment cycles, staying up to date with industry trends and regulations.

Qualifications and Experience

Analytical Skills: Credit analysts must possess strong analytical skills to assess financial statements, credit reports, and other relevant data to evaluate the credit risk associated with potential borrowers.
Financial Analysis: A deep understanding of financial statements, including balance sheets, income statements, and cash flow statements, is essential for assessing the financial health of applicants.

Risk Assessment: Ability to assess credit risk by analyzing factors such as payment history, debt levels, industry trends, and economic indicators.
Industry Knowledge: Familiarity with various industries and sectors to understand the specific risks associated with different types of businesses.
Regulatory Compliance: Knowledge of relevant laws and regulations governing lending practices, including consumer protection laws such as the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA).
Communication Skills: Effective communication skills are essential for explaining credit decisions to stakeholders, including loan officers, senior management, and clients.
Decision Making: Credit analysts must be able to make sound decisions based on their analysis and assessment of credit risk.

Attention to Detail: The ability to pay close attention to detail is crucial for accurately analyzing financial data and identifying potential red flags or discrepancies.

Teamwork: Collaboration with other departments, such as loan officers, underwriters, and risk management teams, is often necessary to make informed credit decisions.
Technology Proficiency: Proficiency in using financial analysis software, credit scoring models, and other relevant tools to streamline the credit evaluation process.
Continuing Education: Given the evolving nature of the financial industry and regulatory environment, credit analysts should stay updated on industry trends, best practices, and regulatory changes through continuing education and professional development opportunities.
Ethical Standards: Upholding ethical standards and maintaining confidentiality when handling sensitive financial information is paramount in this role.