Job Description:

• The main purpose of the role is to support the Senior Manager in the delivery of a robust Credit Quality Assurance programme that ensures sound quality in the credit portfolio through effective monitoring and review of the credit environment, processes and related developments, and ensuring compliance with policies and approval terms and conditions throughout the life of the credit facility.
• The credit quality assurance process is expected to provide transparency and assurance on how effectively credit risks are being managed, including conducting of monitoring and evaluation procedures provided for under the RMPPs, formulating and implementing corrective action plans, and to provide an early warning indicator, bringing to management’s attention any notable adverse credit developments, thus allowing for timely remedial action to be taken by the Credit Quality Assurance Unit (CQAU) or other departments as the case may be.

Responsibilities:

• The CQA Manager shall execute his/her duties with a focus on portfolio monitoring; review; and reporting as advised by the Senior Manager. Allocation of responsibilities may be by geography, product or other specialism as may be determined by the Senior Manager.

• Credit Quality Monitoring
  • Perform scheduled and event triggered credit quality monitoring activities, including site visits, on specific credit facilities and the credit environment including assessment and monitoring of the following:
  • Adherence to credit policies, procedures, methodologies, approach and systems used in credit risk management and recommend/monitor implementation of corrective actions as considered appropriate.
  • Adherence to credit covenants, undertakings and other terms and conditions of a credit facility.
  • Adherence to margining requirements for security (collateral) held to ensure security values do not fall below set thresholds and call for security enhancement or top-up as necessary.
  • Financial and operational performance of the borrower (s).
  • Impact of trigger-events and other emerging credit problem areas.
  • Country, industry and sector risk developments.

• Credit Portfolio Review
  • Perform scheduled and event triggered credit portfolio reviews on the credit portfolio. The reviews shall cover at the minimum:
  • Asset quality reviews – appraisal of the conduct and profitability of individual credit facility; risk grade review; analysis of the borrower’s financial statements and other qualitative attributes.
  • Credit approval process review – examining the approval process credit facility went through, including pre-assessment, credit approval, disbursement, and credit administration.
  • Administrative and documentation review – verifying the existence and adequacy of the documents associated with credit facility files, including completeness of credit grading and accuracy of loan grades assigned by credit officers.
  • Collateral (security) review – physical check of all security and loan documents, confirmation of registration status, assessment of the value and enforceability of collateral.
  • Compliance review – compliance with internal policies and procedures including mandate requirements, adherence to loan covenants.
• Reporting
  • Prepare and submit accurate and timely reports to Senior Manager for review and sign-off on a monthly, quarterly, half-yearly and annual basis for Management, RISTRAC, EXMAF and relevant Board committees, highlighting performance against defined credit quality parameters.
• Relationship management
  • Develop and maintain effective internal and external relationships through individual contacts and Bank facilitated forums.
  • Represent the CQA Unit as delegated by the Senior Manager, in internal and external meetings and committees.
  • Maintain high level relationship with rating agencies to understand and implement compliance requirements in order to maintain high rating for the Bank.
  • Maintain high level relationship with industry associations and CQA heads of peer organizations to enhance capacity building and benchmarking of best-practices, executing joint projects to address shared risks and concerns, developing outlines of new methodologies and frameworks, etc.
• Any other duties as may be assigned by Senior Management from time to time.

Requirements: Qualification and Skill

• Postgraduate degree in Commerce, Banking, Finance, Accounting, Economics, or Risk Management. A professional qualification in a relevant area such as banking, risk management or accounting may be accepted in lieu of a post graduate degree.
• Understanding of credit risk and country risk management processes and methodologies.
• Understanding of credit risk mitigations and financing mechanisms including structured trade finance, project finance, and syndications.
• Knowledge of Africa and its banking industry.
• Broad knowledge of applicable statutes, laws and regulations that govern banking and lending activities in different parts of Africa.
• Understanding of the Bank’s systems, policies, procedures and practices.
• Good written and oral communication skills.
• Competency in MS suite (Word, Excel, PPT).
• Ability to work under pressure.
• Good leadership and people skills.
• At least 8 years banking experience, specifically covering credit risk management, country and sector risk analysis, structured and project finance.

Contractual information:

• Permanent
• Willing and able to relocate to Cairo
• Suitably qualified candidates from all African nationalities are encouraged to apply
• Tax-free salaries paid in USD

If you wish to apply for the position please send your CV to Pandora Buchanan at pandora@caglobalint.com.

Please visit www.banking-recruitment-jobs.com or www.ca-finance.com for more exciting opportunities.

For any further information please get in contact with:

Pandora Buchanan

pandora@caglobalint.com

Senior Associate Executive Search

CA Global Finance

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.

Location : Cairo, Egypt