The African Export-Import Bank (Afreximbank) - The bank 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.
We are recruiting to fill the position below:
Job Title: Manager, Credit (Financial Institutions and Sovereigns)
Reference Number: LIPBLR12
Location: Cairo, Egypt
Responsibilities
- Participate in the preparation of annual business development plans, covering all aspects of the Bank’s business cycle as espoused in the Bank’s strategic plan;
- 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 loans to financial institutions and sovereigns;
- 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 defence of credit memos to the Credit Committee and incorporation of amendments that may be suggested thereto;
- Opening and managing customer credit files for each transaction to ensure consistency in application of credit assessments;
- Periodic review the Bank’s 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 exposure, including borrowers and guarantors;
- Prepare regular reports for Management as may be required; and
- Any other duties as may be assigned by senior management
Qualifications and Skill
- Post graduate degree in Business Administration, Banking or Finance from a recognized University;
- A professional qualification in Banking or International Trade Finance will be an added advantage;
- Sound experience of at least 8 years with a leading organisation and familiarity with the Bank’s major business development channels in trade finance, project finance, export development, asset financing and syndications;
- Demonstrated understanding of the Bank’s major product offerings to clients especially syndication, co-financing, club deals, correspondent banking products including letters of credit, factoring, forfaiting, structured trade finance, carbon financing, corporate finance risk participations, project-related financing and considerable knowledge of how these work;
- Demonstrated understanding and experience of lending to financial institutions and sovereigns as well as the structured trade finance operating model as a basis for the mitigation of identified risks in potential business transactions;
- Ability to communicate and function in a culturally diverse and change oriented setting and therefore knowledge of the workings of the main segments of the trade finance markets and the participants in major regions of Africa;
- Excellent verbal and written communication skills in English or French. Knowledge of the Bank's other working languages is an added advantage (Arabic & Portuguese);
- Willingness to travel extensively and to work long hours where required in order 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
- Suitably qualified candidates from all African nationalities are encouraged to apply
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online