Reference No. JABLR035

CA Global Headhunters has been retained by the Afreximbank based in Cairo, Egypt to recruit for this position. For more information on the Afreximbank please visit their website www.afreximbank.com.  Should you meet the minimum requirements and wish to apply for the position please apply directly to CA Global Headhunters.

Reference Number: JABLR035

Nature & Scope

The main purpose of the role is providing expert technical specialism in the field of commodities and the associated trade financing, primarily focused on post approval facility administering and transactional risk management for commodity sector clients.

The position holder will support the implementation of a commodity transactional risk management capability within Loan Administration based on market best practice covering the operations, monitoring, quality and control of security and collateral within each transaction. The role holder will be predominantly concerned with transactional rigour, integrity and associated collateral management (i.e. assessing if an individual transaction under an approved facility fits with the terms of the approval and documentation).

The role holder will be an integral part of deal teams working closely with Origination and Product teams in originating and structuring bespoke complex commodity financing and structured trade transactions.

Responsibilities: 

1) Facility Setup

• Work closely with Client Relations and Product teams throughout a deal lifecycle providing feedback and recommendations on facility structures and any concerns on monitoring as outlined in pre-assessment and credit assessment memos
• Work with the documentation and collateral management team to ensure the operational and risk terms of the transaction and its documentation are appropriate to the needs of the customer, credit sanction, legal environment and market best practice
• Review draft facility and legal documentation and ensure alignment with approved credit memos, and that any operating challenges are highlighted and whether any further clauses need to be inserted
• Certify compliance with all pre-disbursement conditions, ensure all facility related accounts are held and limits setup on transactional processing systems as appropriate.

2) Facility Management:

• Management of clients’ positions, monitoring and controlling the taking up of acceptable security and its progression throughout the life of a transaction, from initiation to final repayment.
• Ensuring at all times that the security (quality, value and changes) are in accordance with the terms of the facility approvals and agreements. 
• The role requires the incumbent to be able to assess high value collateral valuations from market data and market knowledge and to be able to ascertain whether judgements on source are fit for purpose

3) Management Information (MI) & Reporting:

• Prepare appropriate reports to management on the bank’s “commodities” portfolio ensuring exposure is always within risk appetite and supporting the early identification of potential issues in the portfolio

4) Compliance Responsibilities

• Understand and adhere to the Bank's AML, Regulatory and Conduct Compliance policies and procedures
• Complete the Annual Compliance Training/Assessment.
• Screen and identify any adverse reports or compliance issues that may impact the Bank's relationships with customers and business counterparties.
• Refer all suspicions and compliance concerns related to the Bank’s staff, customers and business relationships to the Compliance Department

Requirements: Qualification and Skill

• Bachelor’s degree in engineering, computing, science and mathematics, business administration, banking or finance from a recognized University plus a post graduate degree in a relevant field
• Master’s degree in Business Administration, Banking or Finance from a recognized university. 
• A professional qualification in the Banking will be an advantage
• At least 5 years with a reputable banking organization or commodity trading house with proven knowledge and understanding of best market practice in transactional risk management and operations of commodities financing

Afreximbank’s Core Values:

• Commitment to Africa and supporting the emancipation and empowerment of Africans
• Uncompromising integrity
• Passion for Learning and Drive
• Teamwork
• Trust and Respect for the Individual
• Innovation, Excellence and Flexibility
• Professionalism and Responsivenes

Contractual information:

• Permanent
• Willing and able to relocate to Cairo, Egypt
• Suitably qualified candidates are encouraged to apply

If you wish to apply for the position, please send your CV to Jamie Adams at jadams@caglobalint.com

CA Global Finance will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

Jamie Adams

jadams@caglobalint.com

Recruitment Consultant

CA Banking, IT, Insurance, Legal & Finance

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