Risk Analysis and Evaluation Officer - 3 Posts at Agricultural Finance Corporation (AFC)

Job Purpose

The Risk analysis and evaluation Officer is based at Head Office and is charged with the responsibility of carrying out individual risk analysis from loan origination to approval, documentation, disbursement, and recovery to achieve a low-risk profile.

Key Responsibilities

• Review all credit appraisal reports received from business units to assess the quality and completeness of all relevant data and information needed to analyse a credit proposal.
• Analyse credit data provided to determine the adequacy of the financial statements, balance sheet and security ratios in ensuring compliance with portfolio management objectives with respect to exposure limits, diversification and/or concentration.
• Evaluation of aspects of sectors or industries [with respect to climate, farmer knowledge and technology] that may have an impact on the credit advanced to the farmer.
• Analysis of the impact of changing economic or industry conditions on the quality and inherent risk on loan asset
• Accessing of Credit Reference Bureau reports on behalf of Branches.
• Assisting the Corporations clients acquire notice of changes of their status and delisting of clients from the database.
• Predict the impact of external factors [Interest rates; production costs and operating expenses; commodity prices; production levels; and collateral values] on the loan.
• Inform Credit Policy and Procedures Updating credit policy risk acceptance procedures.
• Provide technical assistance to the Branch units & head office officers i.e. training of staff involved in processing, managing and recovery of credit.
• Prepare and review board papers on behalf of the department.
• Liaise with other departments like finance (in terms of liquidity) and Loan recoveries (security valuation & verification) to ensure business continuity/sustainability and exposure.

Education qualificationsand experience

• Agriculture, Business, Economics &/or accounting related degree Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

Administration & Management

• Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, production methods, and coordination of people and resources.

Computers & Analytical software

• Computer hardware and software, including applications in research methodologies.

Background on Law & Government

• Knowledge of Agricultural laws, legal codes, government regulations, agency rules, & the democratic political process.

Customer and Personal Service

Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

• Three years’ experience in related field.
• Relevant professional qualification.