YAKO BANK
Yako Bank (U) Limited was incorporated in the Republic of Uganda in 2010 and licensed as a Credit Institution
by Bank of Uganda in 2020. In September 2015, Yako got its license to operate as a deposit taking institution
and started operations under the name Yako Microfinance (U) Limited. It upgraded to a Credit Institution in
2020 and was licensed to operate as Yako Bank (U) Limited. Yako Bank is owned by different shareholders and
has been licensed by Bank of Uganda to provide savings and lending products to different clients.
In order to meet the needs of its growing customer base, the Bank is seeking to recruit dynamic, self-motivated,
result oriented professionals to fill the following position;
1. Credit Analyst
This position reports directly to Head Credit and it will be based at Head office
Role of the Job:
The Credit Analyst is a member of the Credit Department and is responsible for credit underwriting and
credit administration. She/he is responsible for accurate analysis of loan proposal and credit authorization or
recommendation, in compliance with Yako Bank’s policies and procedures.
Key Result Areas:
▪ Reviewing, validating and polishing of loan proposals in consultation with the branch team, as assigned
by Head Credit.
▪ Presenting loan proposals to the Head Credit, ensuring that they are appropriately assessed and compliant
to Yako Bank’s policies and procedures.
▪ Ensuring that the loan decisions and recommendations are appropriate in terms of loan amount,
structuring, eligibility criteria in respect to Yako Bank’s exclusion list, completeness and accuracy of
personal business, security and financial information.
▪ Doing pre-approval check listing of the loan proposals to confirm completeness and compliance to
regulations, policies and procedures while recommending suitable covenants to mitigate identified risk.
▪ Evaluating clients’ credit data, financial statements and savings records in order to determine the degree
of risk involved in lending money to them, and advise on the most suitable structures for their needs.
▪ Evaluating the financial status of prospective borrowers by preparing and providing appropriate
comments as to the significance of to the outcomes of financial analysis and ratios, using standard
financials templates available.
▪ Preparing detailed write-up for loan proposals to the Management Credit Committee or the Board Credit
Committee depending on the approval limit.
▪ Create Credit mirror files for all facilities in an accurate orderly manner with the relevant documents.
▪ Undertaking risk analysis and exercise proper judgment in the face of the assessed risk, conducting
Credit rating, profiling, before recommending loan proposals, always ensuring to safeguard Yako Bank
from credit risk.
▪ Responsible for quality of credit underwriting, identify the risk management requirements and possible
counter measures.
▪ Identifying areas of weaknesses, highlight cases of compromise in proposals received from branches and
recommend training and/or corrective action.
▪ Ensuring fast Turn-Around Time (TAT) for loan decisions logged to the Credit Department, and along
the whole loan process continuum, end-to-end for the branches. And prepare pipeline updates/ reports
with weekly TAT trends for remedial action.
Required Competencies
▪ The ideal applicant must hold a Bachelor’s Degree in Commerce, Accounting, and Business
Administration, Statistics or any other business related course.
▪ At least two years of work experience as a Credit Supervisor within Banking or Microfinance Industry.
▪ Excellent at Employee Engagement.
▪ Result Orientated.
▪ Good at collaboration.
▪ Excellent communication and presentations skills.
▪ High level of numeracy, analytical and statistical skills.
▪ Strong organizational skills and ability to work on own initiative
▪ Good multitasking capabilities and being a team player.
▪ Ability to work under pressure and adhere to strict deadlines.
▪ Good interpersonal skills.
▪ Good business acumen, knowledge of the market and ability to align work with strategic goals.
▪ Must have Integrity, ability to inspire the trust of others.
▪ Applications:
Suitably qualified candidates should address their application to Human Resource & Administration Manager,
Yako Bank, Forest Mall Lugogo, Kampala, Uganda, and email it to hr@yakobank.com as well as photocopies
of academic testimonials, and a CV. The CV should include telephone contacts and email addresses of three
referees, one of who should be the most recent employer.
Closing date for submission of the applications is 12th May, 2025. Only shortlisted candidates will be
contacted.
Please note that in line with the Bank procedures, no job offers are made online
