Background Information

The Development Bank of Rwanda (BRD) Plc is Rwanda’s only National Development Bank mandated to support Rwanda’s Vision 2050 development agenda. Over the past five years, the bank has registered exponential growth contributing to socio-economic development, strengthening institutional and human capacity, fostering corporate governance and risk management practices.

The Bank is implementing the revised strategic plan for 2024-2028 which is appropriately aligned to the country’s strategic direction enabling the Bank to unlock better value creation for its stakeholders by supporting entrepreneurs, addressing market failures, and impactful socioeconomic development.

To deliver on its bold vision and impactful objectives, the Bank’s expanded and refocused mandate is underpinned on four strategic focus areas:

• Availing transformational finance.
• Increasing green financing for a resilient future.
• Driving scale and impact.
• Fostering innovation and technology.

To achieve its strategic mandate, BRD recognizes the importance of strengthening its human and institutional capital to drive sustainable development and ensure the Bank remains a center of excellence in the financial sector.

BRD is committed to respecting gender equality and disability norms. We promote gender-responsive practices. Qualified candidates particularly females and persons living with disabilities are encouraged to apply.

To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following positions:Public procurement consulting

Enterprise Credit Risk Analyst

Background Information

Job Title: Enterprise Credit Risk Analyst

Current grade: JG G – Specialist

Department: Enterprise Risk Management Department

Reports to: Enterprise Risk Manager

Contract Terms: Open-Ended

Purpose of the Job:

The Enterprise Credit Risk Analyst is responsible for independent identification, measurement, monitoring, and reporting of credit risk across the full credit lifecycle — from origination to repayment, recovery, and closure — ensuring that individual credit decisions, when aggregated, remain within the Bank’s approved risk appetite, capital capacity, liquidity profile, and strategic mandate.

The role provides second-line oversight over credit activities, with a strong focus on portfolio risk, systemic risk build-up, early warning, and loss prevention, rather than deal origination or transaction execution.

Key Responsibilities:

1. Credit Strategy & Risk Appetite
   1. Monitor adherence to sector, product, obligor, tenor, and concentration limits.
   2. Perform stress testing, portfolio scenario analysis, and development of ICAAP reporting.
   3. Contribute to the translation of the Risk Appetite Statement into measurable credit risk metrics and limits.
2. Origination & Pre-Screening Oversight
   1. Analyze pipeline trends to identify high-risk sectors, products, or borrower profiles.
   2. Monitor frequency and materiality of policy exceptions and waivers.
3. Credit Appraisal & Structuring Review
   1. Independently review credit risk ratings, scorecards, and key assumptions.
   2. Assess adequacy of proposed risk mitigants for the portfolio being created (collateral, guarantees, covenants).
4. Credit Approval & Decision Support
   1. Provide independent portfolio and risk impact analysis to credit decision bodies.
   2. Highlight concentration, capital utilization, and risk-return implications.
   3. Track and report approval conditions and policy deviations.
5. Documentation, Disbursement & Reporting Oversight
   1. Verify that credit approvals are correctly translated into legal documentation.
   2. Monitor fulfillment of conditions precedent and security perfection.
   3. Validate correct booking of exposures, portfolio classifications, and IFRS 9 staging.
6. Portfolio Monitoring & Early Warning
   1. Monitor portfolio performance, risk grade migration, and delinquency trends.
   2. Design, maintain, and refine Early Warning Indicators (EWIs).
   3. Escalate emerging risks to management with actionable recommendations.
7. Watchlist, Remedial & Recovery Oversight
   1. Oversee watchlist governance and migration into and out of non-performing status.
   2. Review restructuring proposals for economic viability and sustainability.
   3. Monitor recovery strategies, and their effectiveness.
8. Provisioning, Loss Measurement & Reporting
   1. Support IFRS 9 Expected Credit Loss (ECL) calculations and validation.
   2. Support performance of back-testing of PD, LGD, and recovery assumptions.
   3. Analyze drivers of impairments, write-offs, and portfolio losses.
9. Reporting & Governance
   1. Prepare periodic credit risk reports for the CRO and Management Committees
   2. Support internal and external compliance and regulatory examinations
   3. Recommend enhancements to credit policy, risk models, and monitoring tools.
   4. Contribute to strengthening the Bank’s credit risk culture and discipline.

Performance Indicators

• Process Improvement, strengthening the credit risk systems, reporting TAT.
• Scenario Analysis & Stress Testing Coverage, as required
• Data accuracy validation for credit risk module in the Risk MIS tool
• Regular credit risk model assumption and output validation (Credit rate scoring model, Mainstream and projects pricing model, and IFRS 9 models).
• Credit Risk Assessment Accuracy for products and portfolio
• Implementation rate for the credit monitoring plan
• Capital Utilization Efficiency, maintained within the strategy limits
• Documentation Accuracy & Compliance for the entire credit cycle
• Management, Board and Regulatory reporting compliance.

Professional, Academic Qualifications and Experience

• Minimum Qualification: FRM/CPA, CERTIFIED ISO 31000, or a recognized ERM Certification Program.
• Experience of at least 5-7 years in similar function in a bank.
• At least a bachelor’s degree in economics, Finance, Management, Mathematics, statistics or similar fields.
• Fluency in English, with excellent oral and written communication skills.
• Proficiency in Excel especially Excel for Finance and Modelling
• Ability to manipulate, analyze, summarize, and present data/results
• Strong quantitative, analytic, and problem-solving skills
• Strong work ethic, honesty and integrity
• Strong interpersonal communication skills and ability to work in teams.
• Be a certified member of a professional risk association or Institute

Core Competencies

• Strong communication and presentation skills
• Conversant with banking law, regulations, directive and guidelines particularly credit risk related.
• High skilled Microsoft office (advanced excel, advanced power point presentation, and word)
• Data management and visualization skills (Ability to automate reports, create automated credit risk dashboards using basic commanding languages)

Behavioral Competencies

• High ethical standards
• Planning and organizing
• Teamwork and collaboration
• Problem solving skills
• Accountability
• Excellence
• Innovation
• Integrity

Technical Competencies

• Classification and provisioning skills
• Collateral management skills
• Understanding the credit risk cycle and all process analysis involved
• Concentration and Related party exposure monitoring
• Risk assessment and portfolio stress testing skills.

• Monitor adherence to sector, product, obligor, tenor, and concentration limits.
• Perform stress testing, portfolio scenario analysis, and development of ICAAP reporting.
• Contribute to the translation of the Risk Appetite Statement into measurable credit risk metrics and limits.
• Analyze pipeline trends to identify high-risk sectors, products, or borrower profiles.
• Monitor frequency and materiality of policy exceptions and waivers.
• Independently review credit risk ratings, scorecards, and key assumptions.
• Assess adequacy of proposed risk mitigants for the portfolio being created (collateral, guarantees, covenants).
• Provide independent portfolio and risk impact analysis to credit decision bodies.
• Highlight concentration, capital utilization, and risk-return implications.
• Track and report approval conditions and policy deviations.
• Verify that credit approvals are correctly translated into legal documentation.
• Monitor fulfillment of conditions precedent and security perfection.
• Validate correct booking of exposures, portfolio classifications, and IFRS 9 staging.
• Monitor portfolio performance, risk grade migration, and delinquency trends.
• Design, maintain, and refine Early Warning Indicators (EWIs).
• Escalate emerging risks to management with actionable recommendations.
• Oversee watchlist governance and migration into and out of non-performing status.
• Review restructuring proposals for economic viability and sustainability.
• Monitor recovery strategies, and their effectiveness.
• Support IFRS 9 Expected Credit Loss (ECL) calculations and validation.
• Support performance of back-testing of PD, LGD, and recovery assumptions.
• Analyze drivers of impairments, write-offs, and portfolio losses.
• Prepare periodic credit risk reports for the CRO and Management Committees
• Support internal and external compliance and regulatory examinations
• Recommend enhancements to credit policy, risk models, and monitoring tools.
• Contribute to strengthening the Bank’s credit risk culture and discipline.

• Strong communication and presentation skills
• Conversant with banking law, regulations, directive and guidelines particularly credit risk related.
• High skilled Microsoft office (advanced excel, advanced power point presentation, and word)
• Data management and visualization skills (Ability to automate reports, create automated credit risk dashboards using basic commanding languages)
• Classification and provisioning skills
• Collateral management skills
• Understanding the credit risk cycle and all process analysis involved
• Concentration and Related party exposure monitoring
• Risk assessment and portfolio stress testing skills.
• Proficiency in Excel especially Excel for Finance and Modelling
• Ability to manipulate, analyze, summarize, and present data/results
• Strong quantitative, analytic, and problem-solving skills
• Strong interpersonal communication skills and ability to work in teams.

• Minimum Qualification: FRM/CPA, CERTIFIED ISO 31000, or a recognized ERM Certification Program.
• At least a bachelor’s degree in economics, Finance, Management, Mathematics, statistics or similar fields.
• Fluency in English, with excellent oral and written communication skills.
• Be a certified member of a professional risk association or Institute