Umba is a pan-African digital bank operating in Kenya and Nigeria, on a mission to make financial services more accessible, affordable, and empowering for millions of people across Africa. Since acquiring a licensed microfinance bank in Kenya in 2023, we have grown revenue more than sixfold and built a stack of products spanning Lending, Savings, Fixed Deposits, FX, and (in development) Trade Finance, for both individuals and SMEs.
Job Summary
The Credit Risk Analyst will be responsible for supporting the credit underwriting function by assessing the creditworthiness of prospective and existing borrowers, analyzing financial and non-financial information, evaluating credit risk exposure, and making recommendations to facilitate informed lending decisions. The role ensures that all credit assessments are conducted in accordance with the institution's credit policies, risk appetite, regulatory requirements, and underwriting standards while maintaining portfolio quality and minimizing credit losses. The Credit Risk Analyst will also monitor emerging risks, contribute to portfolio reviews, and support continuous improvement of credit risk management practices.
Key Responsibilities
1. Verification of Personal and Business Information:
- Verify the accuracy and completeness of client-provided personal and business details.
- Ensure compliance with legal and regulatory requirements.
- Analyze financial data to assess clients' creditworthiness.
- Pull and review credit reports to evaluate credit risk.
- Conduct NTSA searches and review in-charges for due diligence.
- Evaluate loan applications and provide recommendations (approval, decline, or adjustment).
- Issue valuation instructions for collateral appraisal (e.g., vehicles).
- Receive and analyze valuation reports to determine loan amounts based on collateral value.
- Safeguard and record original logbooks from branches.
- Assist in the collection and processing of joint logbooks from NTSA.
- Receive, verify, and securely file loan documents.
- Process collateral release requests upon verification.
- Verify insurance coverage for clients and their collateral.
- Process documentation for insurance accident claims when necessary.
- Assess financial data, customer profiles, and transaction histories to determine creditworthiness.
- Skills: SQL, Excel, Power BI, Pandas, NumPy.
- Develop statistical models to predict loan defaults and assess risk exposure.
- Skills: Logistic Regression, Decision Trees, Credit Scoring Models, Machine Learning (Scikit-learn, XGBoost).
- Automate credit risk assessments, document verification, and loan approval workflows.
- Skills: Python, R, API Integration, Robotic Process Automation (RPA).
- Forecast trends in loan repayments, delinquency, and borrower behavior.
- Skills: Time Series Analysis (ARIMA, LSTMs), Predictive Modeling, Tableau, Power BI.
- Identify fraudulent applications and transactions using machine learning techniques.
- Skills: Anomaly Detection (Isolation Forest, Autoencoders), Network Analysis, Feature Engineering.
- Ensure adherence to financial regulations by generating accurate reports.
- Skills: Data Governance, GDPR Compliance, Automated Reporting (Python, Power BI), Data Auditing Techniques.
- Leverage non-traditional data sources (e.g., social media, mobile transactions) for credit assessment.
- Skills: NLP (Natural Language Processing), Web Scraping, Behavioral Analytics.
Method of Application
Umba is an equal opportunity employer and encourage applications from all qualified individuals.
Please submit your application by 30th June 2026.
Due to the urgency, interviews will be on a rolling basis.
Skills Required
- Proficiency in SQL, Excel, Power BI, Pandas, and NumPy
- Experience developing credit risk models using Logistic Regression, Decision Trees, Scikit-learn, and XGBoost
- Ability to automate assessments and workflows using Python, R, API integrations, and RPA
- Experience with time series forecasting techniques (ARIMA, LSTM) and predictive modeling
- Experience in fraud and anomaly detection methods (Isolation Forest, Autoencoders, network analysis, feature engineering)
- Knowledge of credit underwriting, credit policies, risk appetite, and regulatory compliance (including data governance/GDPR awareness)
- Experience performing credit file verification, NTSA searches, and due diligence on personal and business information
- Experience managing collateral valuation processes and handling loan documentation (logbooks, collateral release)
- Ability to verify insurance coverage and process insurance-related documentation or claims
- Experience using alternative data/NLP and web scraping for alternative credit scoring and behavioral analytics
- Experience producing regulatory and management reports using automated reporting tools (Power BI, Python)
What We Do
Umba is an African digital bank, offering bank accounts and financial services to our customers. We provide an ecosystem of connected financial services that allows the customer complete control of their finances all in one App. At Umba, we believe in the power of financial inclusion to drive economic growth. As a leading digital bank, we are committed to providing innovative solutions that empower both employers and employees to achieve financial stability and reach their full potential. Umba launched in Nigeria in January 2021, and in Kenya in April 2023, via the acquisition of an existing Microfinance bank. Our digital platform offers seamless access to a wide range of banking services, including account management, payments, loans, savings, and more. We leverage technology and data-driven insights to streamline processes and make banking faster, smarter, and more convenient than ever before. But we are not just a bank. We are a partner, a trusted advisor, and a catalyst for growth. Our team of talented professionals is passionate about our mission, and we work tirelessly to deliver personalized service and tailored solutions to our customers. With our extensive network and expertise, we are well-positioned to support our customers at every stage of their journey. Join us at Umba, and be part of a dynamic team that is reshaping the future of banking. Together, we can unlock the potential of businesses, transform lives, and drive sustainable economic development. Connect with us on LinkedIn, Facebook, and Instagram to learn more about our innovative solutions and the exciting opportunities that await you at Umba.
