Credit Analyst

About the Role We are hiring a Credit Analyst to assess SME credit applications across our product range, identify the key credit risks and prepare clear recommendations in line with our credit policy and risk appetite. You will own the full credit file, from analysis through to the memo and recommendation, and you will help improve underwriting through automation, system features and practical process enhancements. Key Responsibilities Credit assessment • Handle SME credit applications end to end, from screening and evaluation through to a credit decision recommendation, including supply chain & invoice-backed in line with credit policy. • Analyse financial statements, bank statements, VAT returns, management accounts, SIMAH reports and supporting documents. • Evaluate business performance, cash flow, indebtedness, existing obligations, repayment capacity and overall creditworthiness. • Review invoices, contracts, purchase orders, receivables and buyer information supporting credit requests. • Conduct customer calls to clarify business activity, cash flows and information gaps. Risk identification • Identify credit, fraud, concentration and transaction risks, including related-party activity, unusual transactions and inconsistencies in submitted information. Recommendations and credit memos • Prepare complete credit memos with a clear recommendation on limits, tenors, repayment structures and risk mitigants. • Submit memos for review by senior underwriting and approval by the relevant authority or Credit Committee. Portfolio and monitoring • Review existing customers, limit-increase requests and early warning indicators. Collaboration and process • Work closely with Sales, Operations and Collections to complete assessments within agreed turnaround times. • Maintain accurate assessments and records in the loan origination system. • Support the testing and rollout of system features, automated checks and underwriting workflows. • Suggest improvements that reduce manual work and strengthen assessment quality. • Adapt to evolving policies, tools and business priorities while maintaining sound credit judgment. Required Qualifications and Experience • Bachelor's degree in Finance, Accounting, Banking, Economics, Business Administration or a related field. • Mandatory: 2–4 years of prior hands-on experience in SME lending (credit analysis or underwriting), covering the full cycle end to end: application screening, evaluation and credit decision. • Previous experience in Saudi Arabia, with a good understanding of the Saudi lending ecosystem. • Hands-on experience analysing bank statements and financial statements to assess creditworthiness. • Solid understanding of credit bureau reports (SIMAH), financial statements, bank statements and VAT returns, with familiarity with Wathq. • Professional proficiency in Arabic and English (written and spoken). • Strong analytical skills, attention to detail, clear credit writing and advanced Excel. • Ability to manage multiple applications in a fast-paced environment. Preferred Experience • Experience in supply chain finance, invoice-backed credit, receivables-backed credit or working-capital lending. • Background at a Saudi bank, finance company, fintech or SME lender. • Exposure to loan origination systems, open banking, automated credit decisioning or digital underwriting platforms. • Participation in system testing or process-improvement initiatives. • Knowledge of SQL, Power BI or automation tools. What We Value • Ownership and consistent follow-through. • Curiosity, and a willingness to learn from others and welcome feedback. • Flexibility as processes and priorities evolve. • A collaborative approach to solving problems. • An interest in using technology to improve credit decisions and daily operations.