Credit Analyst Job – African Trade Insurance

  • Anywhere
  • Posted 2 months ago

ATI provides political risk and trade credit risk insurance products with the objective of reducing the business risk and cost of doing business in Africa. Our main goal is to help increase investments into our African member countries and two-way trade flows between Africa and the world. We facilitate exports, foreign direct investment into and trade flows within the continent. ATI was launched in 2001 with the financial and technical support of the World Bank and the backing of seven African countries. The African Development Bank recently joined as shareholder and partner by funding countries to join ATI. Since 2003, we have supported over $25 billion worth of trade and investments across the continent, secured an investment grade rating of ‘A’ from Standard & Poor’s, and expanded membership with plans to attract even more African member countries and international financial institutions in the near term.

Job Description for the Credit Analyst

Under the oversight of the Senior Credit Analyst and overall supervision of Chief Risk Officer, your functions and duties shall be as follows:

For a given set of countries, analyse and monitor the general economic and political environment insofar as it affects the creditworthiness of companies, including:

  • Key sectors of the economy and their performance
  • Quality and availability of information on companies;

The regulatory environment i.e. government regulations & policies towards commercial entities;

The legal environment i.e. security perfection, bankruptcy and legal ways for debt collection

  • Undertake financial analysis of corporate customers using credit skills, ratio analysis; evaluation of parent support policies; judgement of management and strategy. In this respect, analyse historical and projected financial statements of potential and existing obligors, as well as potential and existing ATI insured’s; monitor receipt of quarterly/annual financial information and credit grading of accounts for annual review; monitor the quality of ATI’s credit exposure portfolio by ensuring that limits are consistent and respected, and to identify and signal early warning signs of credit deterioration;
  • Review and update (as may be required from time to time) the organization’s credit information database and obligor underwriting system;
  • Evaluate and understand risks associated with individual applications for insurance, the underlying project, parent support policies, quality of management and strategy and recommend appropriate risk mitigation measures;
  • Ensure compliance with ATI’s policies, including the provisions of the operations manual and ensure that ATI’s policy breaches are properly authorised at the correct senior approving level;
  • Have contacts with key clients, banks and obligors in order to develop both general intelligence on a given sector or region and specific information about private obligors and public buyers;
  • Evaluate and document the soundness of the credit management policies of lenders and traders;
  • Contribute to debt collection and risk mitigation actions;
  • Contribute to corporate communication exercises, workshops and conferences;
  • Travel on regular basis to meet information sources, clients, banks, buyers and other business partners
  • Perform such other duties as may be assigned to you from time to time.

Qualifications:

  • Master’s Degree in Business/Economics, or equivalent through experience;
  • Strong credit experience, preferably with an African bank or credit institution;
  • Preferably English speaking with French and/or Portuguese would be an added advantage;
  • A minimum of 5 years banking and credit experience in a francophone West African country;
  • Extensive personal network in West and Central Africa (banking and corporate);
  • Excellent communication and presentation skills

The position will be based in Kenya, with the possibility of relocation to another African country

Method of Application

Please submit an electronic copy of the following:

  1. Application Letter
  2. CV, plus details of your current remuneration package along with details of three referees
  3. Personal History Form

Submit your application to

recruitment@ati-aca.org

The successful candidates must have suitable qualifications, experience and attributes as indicated under each job description. The roles requires excellent communications skills in written and spoken English. Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals. ATI reserves the right to not make an appointment to the above vacancies, or to make an appointment at a slightly higher or lower grade, or to make an appointment with a modified job description. ATI will only contact those applicants who are being actively considered for an interview.

Closing Date : 20th April, 2021

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