Financial Analyst / Verification Officer job at KCB Bank

Background information about the job or company (e.g., role context, company overview)

Credit Department,Uganda.

Responsibilities or duties

• Spread and analyze customer financial statements on Credit Quest for all segments (Retail, Corporate, and Mortgage) to support accurate credit appraisal.
• Ensure compliance with IFRS/IAS standards for all submitted financial statements and advise clients, auditors, and accountants on corrective actions where necessary.
• Extract and validate key lending ratios and cash flows with 100% accuracy to enable sound credit decisioning.
• Verify authenticity of credit documents and client information, including financial statements, contracts, invoices, KYC documents, and bank statements, in collaboration with Risk, Legal, and Compliance teams.
• Conduct business visits to client premises to confirm details presented in credit applications.
• Perform fraud checks and identify discrepancies in application documents, escalating issues promptly to the sanctioning authority.
• Maintain service level agreements (SLAs) by adhering to established workflows and turnaround times for financial spreading and document verification.
• Respond to inquiries and provide technical guidance to credit analysts and business teams on financial analysis and Credit Quest usage.
• Deliver training sessions on financial statement analysis and system usage for credit and business teams.
• Communicate financial spreads /reports to the various users for further actioning.

Qualifications or requirements (e.g., education, skills)

MINIMUM POSITION QUALIFICATION REQUIREMENTS

a. Academic & Professional

ParticularsDetailSpecific Field or Qualification

EducationBachelor’s degreeBusiness-related courses e.g. Accounting & Finance, Business Administration, Economics etc.

Required

Professional QualificationsProfessional qualification e.g. ACCA or CPA will be an added advantage.

Added Advantage

b. Experience

Minimum of 3 years' experience preferably in Credit/Lending, Financial Analysis, Banking Operations, Working with Credit Quest (CQ), Working with Credit Quest Financial Analyzer, Data Analytics Tools (MS Excel/Python/Altryx/Power BI/SQL etc.

• Spread and analyze customer financial statements on Credit Quest for all segments (Retail, Corporate, and Mortgage) to support accurate credit appraisal.
• Ensure compliance with IFRS/IAS standards for all submitted financial statements and advise clients, auditors, and accountants on corrective actions where necessary.
• Extract and validate key lending ratios and cash flows with 100% accuracy to enable sound credit decisioning.
• Verify authenticity of credit documents and client information, including financial statements, contracts, invoices, KYC documents, and bank statements, in collaboration with Risk, Legal, and Compliance teams.
• Conduct business visits to client premises to confirm details presented in credit applications.
• Perform fraud checks and identify discrepancies in application documents, escalating issues promptly to the sanctioning authority.
• Maintain service level agreements (SLAs) by adhering to established workflows and turnaround times for financial spreading and document verification.
• Respond to inquiries and provide technical guidance to credit analysts and business teams on financial analysis and Credit Quest usage.
• Deliver training sessions on financial statement analysis and system usage for credit and business teams.
• Communicate financial spreads /reports to the various users for further actioning.

• Financial statement analysis
• Credit appraisal
• IFRS/IAS compliance
• Data analysis
• Credit Quest usage
• MS Excel
• Python
• Altryx
• Power BI
• SQL

• Bachelor’s degree in Business-related courses (e.g., Accounting & Finance, Business Administration, Economics)
• Professional qualification e.g. ACCA or CPA (added advantage)