Corporate Credit Risk Analyst Job Vacancy in Mombasa, Kenya – Banking & Finance

Job Description

Position: Corporate Credit Risk Analyst

Company: Equity Bank

Location: Mombasa, Kenya

Experience: 3-5 years of relevant experience in credit risk analysis, preferably within banking or financial services.

Education: Bachelor’s degree in Finance, Economics, Accounting, or a related discipline.

Employment Type: Full-time

Industry: Banking & Finance

Department: Credit Risk Management

Salary: SSP 150,000 – 250,000 per month

Vacancies:1

Company Overview

Equity Bank is one of Kenya’s leading financial institutions, recognized for its extensive branch network, innovative digital platforms, and commitment to financial inclusion across East Africa. With a heritage spanning over four decades, the bank serves millions of customers, ranging from retail savers to large corporate entities, and has consistently been awarded for its customer service excellence and sustainable banking practices. The bank’s vision to become the most trusted financial partner drives its investment in technology, talent development, and community empowerment initiatives.

Operating from its headquarters in Nairobi, Equity Bank maintains a strong presence in coastal cities such as Mombasa, where it supports regional trade, tourism, and small‑medium enterprises (SMEs). The Mombasa branch plays a pivotal role in facilitating cross‑border transactions, financing maritime activities, and providing tailored credit solutions to businesses that fuel Kenya’s economic growth. As part of its strategic expansion, the bank continuously seeks skilled professionals who can contribute to robust risk management frameworks and uphold the highest standards of corporate governance.

Equity Bank’s culture emphasizes integrity, collaboration, and continuous learning. Employees are encouraged to innovate, take ownership of their projects, and engage in community outreach programs that align with the bank’s corporate social responsibility agenda. By joining Equity Bank, professionals gain access to a dynamic work environment, comprehensive benefits, and clear pathways for career advancement, making it a top destination for ambitious talent seeking meaningful impact in Kenya Jobs.

Job Overview

The Corporate Credit Risk Analyst will be a key member of the Credit Risk Management department, responsible for assessing the creditworthiness of corporate clients, monitoring portfolio performance, and providing actionable insights to senior management. This role involves conducting detailed financial analysis, preparing risk rating reports, and collaborating with relationship managers to structure appropriate credit facilities that align with the bank’s risk appetite. The analyst will also support the development of risk models, contribute to policy revisions, and ensure compliance with regulatory standards set by the Central Bank of Kenya.

In this position, you will work closely with cross‑functional teams, including Treasury, Legal, and Business Development, to evaluate complex financing proposals and mitigate potential credit losses. Your analytical expertise will help shape the bank’s lending strategy, enhance portfolio quality, and drive sustainable growth. This opportunity offers a platform to deepen your expertise in credit risk within a leading financial institution, while contributing to Kenya’s broader economic development and the creation of high‑value jobs.

Equity Bank is actively hiring in Kenya and offers a supportive environment for professional growth. The role is ideal for candidates who are detail‑oriented, possess strong quantitative skills, and are passionate about fostering sound financial practices. As part of our commitment to Career Opportunities in Kenya, we welcome applicants from diverse backgrounds who are eager to make a difference in the banking sector.

Key Responsibilities

• Analyze financial statements, cash flow projections, and market trends to assess corporate credit risk.
• Prepare comprehensive credit risk rating reports and present findings to senior management.
• Monitor existing loan portfolios, identify early warning signals, and recommend risk mitigation actions.
• Collaborate with relationship managers to structure credit facilities that meet client needs while adhering to risk policies.
• Develop and maintain quantitative risk models and scoring systems.
• Ensure compliance with regulatory guidelines and internal credit policies.
• Participate in credit committee meetings and provide expert input on loan approvals.
• Contribute to the continuous improvement of credit risk assessment methodologies.

Required Skills

• Strong analytical and financial modeling abilities.
• Proficiency in Excel, VBA, and credit risk software tools.
• Excellent written and verbal communication skills.
• Attention to detail and ability to work under tight deadlines.
• Understanding of Kenyan banking regulations and Basel III standards.
• Team player with strong interpersonal skills.
• Problem‑solving mindset and proactive attitude.
• Ability to interpret complex data and translate it into actionable recommendations.

Education

A Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field is required. Professional certifications such as CFA, FRM, or equivalent are advantageous but not mandatory.

Experience

Applicants should have 3‑5 years of experience in credit analysis, risk assessment, or related roles within the banking or financial services industry. Experience with corporate lending, SME financing, or exposure to the Kenyan market will be considered a strong asset.

Salary

The compensation package ranges from SSP 150,000 to SSP 250,000 per month, commensurate with experience and qualifications. The package also includes performance‑based bonuses and other incentives.

Benefits

• Health insurance covering medical, dental, and vision care.
• Retirement savings plan with employer contributions.
• Paid annual leave and sick leave.
• Employee assistance program and wellness initiatives.
• Transportation allowance for commuting to the Mombasa office.
• Opportunities for international assignments and secondments.

Training

• Comprehensive onboarding program covering bank policies, risk frameworks, and systems.
• Access to continuous professional development courses and certifications.
• Mentorship from senior risk managers and industry experts.
• Regular workshops on emerging credit risk trends and regulatory updates.

Working Environment

Equity Bank offers a modern office setting in Mombasa’s business district, equipped with state‑of‑the‑art technology and collaborative workspaces. The culture promotes open communication, diversity, and a healthy work‑life balance. Employees enjoy flexible working hours, a supportive leadership team, and a vibrant community of professionals dedicated to excellence.

Application Process

Interested candidates should submit their application through our online portal. Please upload your updated CV and a cover letter outlining your suitability for the role. For more details about the application steps, visit Kenya Job Search. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Equity Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, ethnicity, religion, disability, or sexual orientation. Our hiring practices reflect our dedication to fairness and the belief that a diverse workforce drives innovation and success.