Afreximbank: Manager, Credit Assessment

2 weeks ago


مصر, Egypt CA Global Headhunters International Full time

**Job Description**:
**Reference Number: JABLR006**

The position holder will be expected to implement a best practice commodity trade finance credit risk assessment process for commodity traders and commodity producers as well as for individual transactional loans whether for Oil & Energy, Metals & Mining. This will entail a good grasp of how these markets operate and therefore what criteria is relevant and critical for assessment. The position holder will also be able to demonstrate a sound competence in understanding the risk profiles conferred by different types and levels of security and will be able to constructively suggest mitigants to protect the interests of the bank.

**Responsibilities**:

- Credit Management:

- Assessment of Oil and Gas Reserve Base Lending, Oil and Gas Contract Finance, Downstream Commodity Trading and Power, Oil and Gas license bids; Asset Finance (drilling rigs, tankers, tugboats, offshore support vessels) transactions along with the Bank’s wide range of products.
- Review of creditworthiness and risks associated with potential business transactions with appropriate tools and models, with a view to providing mitigants to identified risks for mining, oil and gas loans and product offerings to corporates involved in the Commodity sector.
- Preparation of appropriate credit memos with recommendations on the creditworthiness of given transactions, bearing in mind the Bank’s laid out credit policy and procedures.
- Presentation and defense of the credit memos to the Credit Committee and incorporation of amendments that may be suggested thereafter.
- Participate in the preparation of annual business development plans impacting oil and gas transactions, covering all aspects of the Bank’s business cycle as espoused in the Bank’s strategic plan.
- Periodic review of the Bank’s mining, oil and gas loan portfolio in line with the requirements of the Bank’s credit policies and procedures.
- Periodic review of the performance of obligors to which the Bank has mining, oil and gas exposure, including borrowers and guarantors.
- Prepare regular reports for Management as may be required.
- Any other duties as may be assigned by senior management.
- Facility Setup:

- Work closely with Client Relations, the Product teams and Banking Operation’s Commodity Unit throughout the credit risk assessment process lifecycle providing constructive feedback and recommendations on facility structures.
- Provide a cross-check to the completed facility documentation to ensure the documented terms of the transaction reflect the expectations of the credit approval.

**Requirements**: Qualification and Skill**
- A first degree in Engineering from a recognized University, and a Master's degree in business Administration or Economics.
- Minimum 10 years’ work experience with at least 5 years in oil and gas with modelling background.
- A professional qualification in Banking or International Trade Finance will be an added advantage.
- Sound experience of at least 7 years with an established organization and demonstrable competence in:

- Assessing and providing constructive challenge on the structuring of oil and gas transactions offered to clients via bilateral or syndicated/Club arrangements (to assess third-party as well as primary obligor risk and to understand and assess related product risk from use of trade instruments and commodity or structured trade finance offerings.
- Assessment of Commodity traders / corporates.
- Knowledge of the workings of the main segments of the commodity trade finance market and the participants in major regions of Africa.
- Must have an understanding of international trade and trade finance rules, including International Chamber of Commerce Rules of international trade (UCP, URDG, etc.)
- Ability to communicate and function in a culturally diverse and change oriented setting with excellent verbal and written communication skills in English & French. Knowledge of the Bank's other working languages is an added advantage (Arabic and Portuguese).
- Ability to interact with senior officials of banks, corporates and governments.
- Willingness to travel and to work the hours required to achieve the Bank's objectives.
- Demonstrated leadership capabilities, including ability to organize and manage human resources to attain goals.

**Contractual information**:

- Permanent
- Willing and able to relocate to Cairo, Egypt

**Jamie Adams**

Recruitment Consultant

**Banking & Finance**

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