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