Manager, Credit Risk Management Assurance, Internal Audit at the African Export Import Bank (Afreximbank)

African Export Import Bank (Afreximbank) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.

The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on 30 September, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. It has branch offices in Harare, Abuja and Abidjan and will open an East Africa branch office shortly.

We are recruiting to fill the position below:

Job Title: Manager, Credit Risk Management Assurance, Internal Audit

Reference: M-IA-CRMA-2025
Location: Cairo, Egypt
Working time: Full-time

Job Summary

• The Manager, Internal Audit – Credit Risk Management Assurance will support the planning and execution of risk-based audits across the Bank’s credit-related activities. This includes auditing credit risk management processes, trade and project finance operations, business development, and related strategic initiatives. 
• The role ensures that risks are identified and addressed through well-structured internal audit reviews, in line with international standards and best practices.
• The ideal candidate will possess deep knowledge of structured trade finance, infrastructure finance, project finance, and risk-based internal audit (RBIA) methodologies, coupled with experience in a leadership role within financial services or consulting.

Key Responsibilities
Audit Planning & Execution:

• Plan and execute internal audit assignments related to credit risk, product development, strategic initiatives, and client management.
• Conduct audits in accordance with international standards and Afreximbank’s internal audit methodology.
• Document comprehensive working papers to support audit findings and recommendations.
• Report factual observations with practical and value-enhancing recommendations, aligned with the Bank’s objectives.
• Engage and negotiate with stakeholders to gain buy-in for audit findings and agreed Management Action Plans (MAPs).

Follow-up & Monitoring:

• Perform follow-up reviews to validate the implementation of agreed MAPs.
• Evaluate effectiveness of controls put in place to mitigate previously identified risks and issues.

Subject Matter Expertise & Advisory:

• Serve as a subject-matter expert on credit and product-related risks, offering insights and foresight into industry trends and best practices.
• Assist the leadership in developing internal audit tools, communications, and training programs.

Compliance & Governance:

• Ensure compliance with the Bank’s internal policies including:

  • Anti-Money Laundering (AML) and Counter-Terrorism Financing
  • Anti-Bribery & Corruption
  • Conflict of Interest and External Engagement policies
  • Insider Trading regulations
• Report any suspicious or non-compliant activities to the Compliance Department.
• Complete Annual Compliance Training and Assessments.

Minimum Qualifications & Experience
Educational Qualification:

• Master’s Degree in Accounting, Business Administration, Finance, Economics, or related field from a recognized university.
• Professional certifications such as ACA, ACCA, CA, CPA, CIA, or CISA are required.

Experience:

• Minimum of 8 years of internal audit experience, with at least 3 years in a leadership role.
• Industry experience in financial services or consulting is preferred.
• Demonstrated expertise in Risk-Based Internal Audit (RBIA) and root cause analysis.
• Practical experience in auditing structured trade finance, project finance, and impact finance portfolios.
• Familiarity with development finance institutions (DFIs) and international compliance standards.

Technical & Behavioral Competencies:

• Proficiency in managing processes and delivering technical guidance.
• Advanced analytical and problem-solving skills, particularly in credit risk environments.
• Excellent communication skills, including ability to translate complex findings into actionable insights.
• Capacity to mentor junior colleagues, deliver internal training, and support cross-functional teams.
• Strong understanding of African economic and trade dynamics and Afreximbank’s mission.
• Commitment to Afreximbank’s values:
  • Integrity, Learning, Innovation, Professionalism, Teamwork, and Support for Africa’s Development.

Application Closing Date
8th May, 2025.