Reference No. FDSBLR020
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: FDSBLR020
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.
- 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.
- Opening and managing customer credit files for each transaction to ensure consistency in application of credit assessments.
- 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.
- 1 Year Contract
- Willing and able to relocate to Cairo, Egypt
- Suitably qualified candidates are encouraged to apply
Closing Date: 16th September 2022
If you wish to apply for the position, please send your CV to Fabio Da Silva Faria at email@example.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.
Fabio Da Silva Faria
CA Banking, IT, Insurance, Legal & Finance