Credit Analyst at African Trade Insurance Agency (ATI)

The African Trade Insurance Agency (ATI) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from the African Development Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Credit Analyst

Location: Kenya, with the possibility of relocation to another African country.

Job Description
Under the oversight of the Senior Credit Analyst and overall supervision of Chief Risk Officer, your functions and duties shall be as follows:

• For a given set of countries, analyse and monitor the general economic and political environment insofar as it affects the creditworthiness of companies, including:
  • Key sectors of the economy and their performance;
  • Quality and availability of information on companies;
  • The regulatory environment i.e. government regulations & policies towards commercial entities;
  • The legal environment i.e. security perfection, bankruptcy and legal ways for debt collection
• Undertake financial analysis of corporate customers using credit skills, ratio analysis; evaluation of parent support policies; judgement of management and strategy. In this respect, analyse historical and projected financial statements of potential and existing obligors, as well as potential and existing ATI insured’s; monitor receipt of quarterly/annual financial information and credit grading of accounts for annual review; monitor the quality of ATI’s credit exposure portfolio by ensuring that limits are consistent and respected, and to identify and signal early warning signs of credit deterioration;
• Review and update (as may be required from time to time) the organization’s credit information database and obligor underwriting system;
• Evaluate and understand risks associated with individual applications for insurance, the underlying project, parent support policies, quality of management and strategy and recommend appropriate risk mitigation measures;
• Ensure compliance with ATI’s policies, including the provisions of the operations manual and ensure that ATI’s policy breaches are properly authorised at the correct senior approving level;
• Have contacts with key clients, banks and obligors in order to develop both general intelligence on a given sector or region and specific information about private obligors and public buyers;
• Evaluate and document the soundness of the credit management policies of lenders and traders;
• Contribute to debt collection and risk mitigation actions;
• Contribute to corporate communication exercises, workshops and conferences;
• Travel on regular basis to meet information sources, clients, banks, buyers and other business partners;
• Perform such other duties as may be assigned to you from time to time.

Qualifications

• Master's Degree in Business / Economics or equivalent through experience;
• Strong credit experience, preferably with an African bank or credit institution;
• Preferably English speaking with French and/or Portuguese would be an added advantage;
• A minimum of 5 years banking and credit experience in a francophone West African country;
• Extensive personal network in West and Central Africa (banking and corporate);
• Excellent communication and presentation skills.

Other Requirements:

• The roles requires excellent communications skills in written and spoken English.
• Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

Application Closing Date
Tuesday, 20th April, 2021 at Midnight East African Time.