If you're a skilled finance analyst with experience in credit risk assessment, this is your chance to join one of Africa’s top-tier investment banking institutions. Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is currently recruiting for a Corporate Credit Analyst in Lagos. This role is ideal for professionals with a solid background in financial modelling, risk evaluation, and credit structuring, especially in relation to treasury and derivatives products.
Job Title: Corporate Credit Analyst
Location: Lagos
Employment Type: Full-time
Job Requisition ID: R26680
Application Deadline: 31st July, 2025
About the Company
Rand Merchant Bank (RMB) is a leading African corporate and investment bank and a division of FirstRand Bank Limited. As part of one of the largest financial services groups in Africa, RMB offers clients innovative, value-added solutions in advisory, funding, trading, corporate banking, and principal investing.
Responsibilities
The successful candidate will:
- Assess financial transactions, including derivatives and product structures
- Assess counterparty credit risk, including industry, legal, and country risk exposures
- Spread, model, and interpret financial statements
- Monitor financial covenants and overall credit risk reporting
- Continuously evaluate and manage counterparties and facility performance
- Support portfolio management by advising on lending policy development
- Liaise with business units, divisions, and subsidiaries within the FirstRand Group
- Engage with clients to understand business operations and risks
- Perform both quantitative and qualitative risk assessments
- Assign credit ratings using internal models and methodologies
- Prepare and present credit reports and applications to internal committees
Requirements
Qualifications and Experience
- Tertiary degree in finance or related discipline (minimum Second-Class Upper or equivalent)
- Minimum of five years’ experience in credit analysis within a financial institution or similar consulting/auditing environment
- Strong background in financial and business risk modelling
- Understanding of financial market products, especially derivatives
Technical Skills and Competencies
- Practical knowledge of the Nigerian macroeconomic landscape and its impact on businesses
- Understanding of taxation related to corporates and financial institutions
- Familiarity with financial instruments and derivative structures
- Knowledge of credit rating models, portfolio theory, and credit pricing
- Understanding of the Companies Act, IFRS, Basel II & III, and other regulatory standards
Key Competencies
- Deep understanding of sector-specific risks (regulatory, legal, financial)
- Strong insight into the bank’s risk appetite and risk grading methods
- Ability to structure transactions with appropriate risk mitigation strategies
- Awareness of global lending market trends and credit policy evolution
- Experience in evaluating vanilla and exotic derivatives
Human Relations Profile
- High integrity and professional ethics
- Ability to work well under pressure in a dynamic environment
- Excellent verbal, written, and presentation communication skills
- Self-driven with good time management and detail orientation
- Strong interpersonal skills and ability to collaborate or work independently
How to ApplyInterested and qualified candidates should:Click here to apply
Tip For Success:
This position demands both technical competence and sound judgment in credit structuring. Make sure your CV clearly demonstrates your experience with credit analysis, especially your ability to evaluate derivatives and structured products. If you’ve been involved in writing or presenting credit reports or using internal credit models, highlight that.
During your interview, you’ll likely be tested on your understanding of regulatory frameworks, credit pricing, and counterparty risk assessments. Prepare to speak confidently about real scenarios where your financial insight helped inform a credit decision. If you meet the criteria, follow the application link above to apply.