Credit Risk Analyst

Who Are We

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.

Job Summary: 

We’re looking for a Credit Risk Analyst to assess SME credit applications, analyze financial data and repayment capacity, and support sound credit decisions in line with internal risk policies and Saudi regulatory requirements. The role works closely with risk, operations, and product teams to ensure accurate evaluations and improve credit processes.

Tasks & Responsibilities:

• Review, validate, and process credit applications submitted by customers, ensuring all required documentation is complete and accurate.
• Conduct financial analysis of applicants, including income verification, debt analysis, repayment capacity, and credit history assessment.
• Apply internal credit policies, risk frameworks, and regulatory guidelines to make informed credit decisions.
• Identify potential risks, red flags, and inconsistencies in applications, escalating cases when necessary.
• Communicate with internal teams (sales, operations, risk) to resolve missing information or discrepancies.
• Maintain accurate records of all processed applications, approvals, declines, and justifications.
• Support continuous improvement by providing feedback on process gaps and suggesting enhancements to credit evaluation procedures.
• Ensure compliance with company policies, data privacy standards, and local regulatory requirements

Qualifications and Experience:

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related quantitative discipline.
• 3-5 years of experience in SME credit risk underwriting and analysis and financial statement analysis preferably within fintech, microfinance, banking, or payment services.
• Experience partnering with Collections, Credit Operations and Product teams to improve processes and products.
• Proficiency in Excel and Metabase.
• Strong understanding of SME risk assessment methodologies, and regulatory frameworks in Saudi Arabia.
• Excellent communication skills, both verbal and written.
• Ability to work independently, manage deadlines effectively, and maintain attention to detail.

Competencies:

• Analytical thinking and problem-solving
• Ability to communicate ideas through data
• Effective time management and organizational skills
• High level of professionalism and integrity
• Collaborative team player

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.