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Employer Briefs:

Apply As Manager, Banking Operations (Commodities) at African Export Import Bank (Afreximbank)

Recruitment Details:

Duties and Responsibilities

Facility Setup:

• The Manager, Banking Operations (Commodities) will work closely with Client Relations and Product teams throughout a deal lifecycle
•  As such, providing feedback and recommendations on facility structures and any concerns on monitoring as outlined in pre-assessment and credit memos;
• In the same vein, work with the documentation and securities 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;
• Thereby 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;
• And certify compliance with all pre-disbursement conditions, ensure all facility related accounts are held and limits setup on transactional processing systems as appropriate.

Apply As Manager, Banking Operations (Commodities) at African Export Import Bank (Afreximbank)

Facility Management:

• He/she will be responsible for 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.
• Thereby ensuring at all times that the security (quality, value and changes) are in accordance with the terms of the facility approvals and agreements.
• Consequently, the incumbent must 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
• Governance and Operating Efficiency:
• In this connection, must possess proven ability to generate new ideas for improving controls and procedures.
• Therefore, be Responsible for development and maintenance of written processes and procedures for the commodities sub-unit.

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Management Information (MI) & Reporting:

• Possession of skill and ability to design and prepare appropriate reports to management on the bank’s “commodities” portfolio ensuring exposure is within risk appetite at all times and supporting the early identification of potential issues in the portfolio

Skills, Knowledge, and Attitude:

• In the first place, Bachelor’s degree in Business Administration, Banking or Finance from a recognised University.
• A post graduate degree in a relevant field;
• Additionally, a professional qualification in Banking will be an added advantage;
• Proven experience of not less than  8 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;
• In addition, the role holder must demonstrate a depth of expertise in risk an commodities and the risk management associated with commodities financing, documentation, structuring,  related security and its operations management.
• He/she   must  also demonstrate experience and knowledge of operating in a fairly complex environment;
• Possession of skill and  ability to communicate and function in a culturally diverse and change oriented setting with good knowledge of banking practices in Africa;
• Possession of skills  to interact with senior officials of banks, corporates and governments;
• Proven and excellent verbal and written communication skills in English. Knowledge of the Bank’s other working languages is an added advantage (French, Arabic and Portuguese);
• Furthermore, demonstrated leadership capabilities, including ability to organize and manage human resources to attain goals.

Apply As Manager, Banking Operations (Commodities) at African Export Import Bank (Afreximbank)

For further information:

Ane

Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.