Exciting Career Opportunity: Senior Credit Analyst at Fadac Resources and Services Limited

Location: Victoria Island, Lagos
Employment Type: Full-time

About Fadac Resources and Services Limited

Fadac Resources and Services Limited stands at the forefront of credit ratings in Africa, offering unparalleled analytical insights and extensive coverage across the continent. With strategic hubs in Mauritius, South Africa, Kenya, Nigeria, and Senegal, we proudly oversee a diverse portfolio of over 500 entities across more than 25 countries. Our goal is to enhance the financial landscape of Africa through rigorous and insightful credit analysis.

Role Overview: Senior Credit Analyst

We are in search of an experienced Senior Credit Analyst to join our team in Nigeria. This role is designed for a dedicated professional who is passionate about delivering high-quality credit analysis and research. As a Senior Credit Analyst, you will have the opportunity to work closely with senior management, issuers, and investors, providing crucial insights and maintaining the integrity of our ratings.

Key Responsibilities

1. Comprehensive Credit Analysis

• Research and Reporting: Conduct detailed research on credit trends affecting the insurance, corporate, and banking sectors. Produce thought-provoking reports that lead the discussion in these areas.
• Expertise Development: Become a key authority on your designated portfolio, offering deep insights into sector developments and maintaining a robust understanding of the industry.

2. Ensuring Ratings Accuracy

• Fundamental Analysis: Perform thorough credit evaluations for Nigerian financial institutions, insurance firms, and corporates. Present your findings in committee meetings, ensuring clarity and accuracy.
• Methodology Application: Master and apply relevant credit rating methodologies to provide accurate and forward-looking ratings.
• Continuous Monitoring: Stay updated on sector developments to ensure that our ratings reflect current and anticipated market conditions.

3. Building Strong Relationships

• Stakeholder Engagement: Develop and maintain high-quality relationships with fixed-income investors, financial media, and senior management at financial institutions.
• Team Collaboration: Work independently while benefiting from the support of the analytical team. Enhance our Banking, Corporate, and Insurance franchises through effective outreach to key stakeholders.

Job Requirements

• Educational Background: Bachelor’s degree in Finance, Economics, or Accounting. Professional qualifications such as CIMA, ACA, ACCA, or CFA are highly advantageous.
• Experience: 5-12 years of relevant experience in credit/risk assessment, ideally within financial institutions, regulatory bodies, or public accounting firms.
• Industry Knowledge: Strong understanding of Nigerian banks, insurers, their regulatory environments, and the key drivers affecting these markets.
• Skills: Exceptional quantitative and analytical skills, organizational prowess, and the ability to handle multiple tasks under tight deadlines. Proficiency in English, with excellent communication skills including public speaking experience.

Application Process

Application Deadline: August 1, 2024

How to Apply:

Send your CV to mary.a@fadacresources.com with “Senior Credit Analyst Application” as the subject line.

Key Takeaways

• Position Title: Senior Credit Analyst
• Location: Victoria Island, Lagos
• Key Responsibilities: Conduct comprehensive credit analysis, ensure accuracy of ratings, and build strong relationships with stakeholders.
• Qualifications: Bachelor’s degree in a relevant field, 5-12 years of experience, strong analytical skills, and professional qualifications (CIMA/ACA/ACCA/CFA) preferred.
• Application Deadline: August 1, 2024

Frequently Asked Questions (FAQs)

1. What does the Senior Credit Analyst role entail?
This role involves performing in-depth credit analysis on financial institutions, insurance companies, and corporates, producing detailed reports, ensuring the accuracy of ratings, and engaging with key financial stakeholders.

2. What qualifications are necessary for this position?
A Bachelor’s degree in Finance, Economics, or Accounting is required. Professional qualifications such as CIMA, ACA, ACCA, or CFA are preferred. Candidates should have 5-12 years of relevant experience.

3. What skills are essential for a successful Senior Credit Analyst?
Essential skills include strong analytical and quantitative abilities, excellent organizational skills, proficiency in English, and effective communication skills including public speaking experience.

4. How can I apply for the Senior Credit Analyst position?
Interested candidates should email their CV to mary.a@fadacresources.com with “Senior Credit Analyst Application” in the subject line before the deadline on August 1, 2024.