IFC Senior Credit Risk Officer Jobs 2021 – South Africa NGO Jobs. IFC South Africa looking for “Senior Credit Risk Officer“. Applicants with a Master’s Degree may apply on or before 10th January 2022.
The International Finance Corporation is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
IFC Senior Credit Risk Officer Jobs 2021
The IFC has published a job vacancy announcement on 20th December 2021 for qualified South Africa’s to fill in the vacant post of Senior Credit Risk Officer to be based in Johannesburg, South Africa.
| Recruiter | International Finance Corporation (IFC) |
| Position | Senior Credit Risk Officer |
| Location | Johannesburg, South Africa |
| Country | South Africa |
| Total Vacant Post | N/A |
| Qualification | Master’s Degree |
| Experience Required | Minimum 08 years |
| Application Deadline | 10th January 2022 |
Duties and Accountabilities:
- Assist in implementing IFC policies, procedures, guidelines, and best practices so that investment transactions and portfolios are contributing to IFC’s financial and development goals is available at all stages (early review to post-disbursement) to discuss potential issues with teams.
- Assure IFC’s risk appetite as set by IFC senior management is implemented and that a proper risk-reward balance is achieved in transactions.
- Provide an objective and independent risk assessment and approvals for portfolio projects and for new transactions with lower risk profiles and under the supervision of the relevant Regional Chief Risk Officer while meeting the levels of service included in the “Credit Client Service Framework”.
- For the geography, sector, product of responsibility, assure that the quality of IFC’s portfolio is stable by ensuring challenging projects and trends in portfolio are identified in a timely manner, Credit Watchlists are up to date and credit and facility ratings adequately reflect risks.
- Identify risks and ensure they are fully disclosed and understood throughout the approval process.
- Contribute to knowledge management activities through drafting of Credit FAQs, actively supporting training programs, or similar activities.
- Assist Chief Credit Officers in developing, reviewing, and discussing credit and equity standards, pricing, credit risk policies and procedures, deal acceptance criteria, and business process improvements.
- Formulate well-reasoned and well-communicated recommendations.
- Keep abreast of developments in risk through network of contacts relevant to credit risk management.
- Keep abreast of developments in portfolio transactions under its responsibility including participating in quarterly portfolio meetings/ equity reviews
- Work with Portfolio Managers and Special Operations teams to proactively restructure distressed investments and improve recovery rates.
Selection Criteria:
- Advanced degree (at least Masters) in finance, business, law, economics, international affairs, or similar fields. FRM or CFA designation would be a plus.
- At least 8-10 years of experience working for a major international financial institution with substantial exposure to the Manufacturing and Services and/or Infrastructure spaces, including at least 2-5 years of experience in a credit risk- related function.
- Good understanding of analysis, structuring and documentation of debt, equity, mezzanine, and structured products.
- High standards of integrity.
- Independence of thought and ability to express candid opinions.
- Self-starter requiring limited supervision.
- Ability to manage and resolve conflicts constructively.
- Recognized as a team player.
- Knowledge of and experience operating under policies, parameters, and procedures, including a good understanding of advanced internal credit risk rating models.
- Ability to work effectively under a complex matrix organization (with regional and sectoral leadership).
- Developed negotiation skills and ability to seek constructive solutions that achieve optimum risk-reward for IFC.
- Good interpersonal skills.
- Exposure to the Manufacturing and Services and/or Infrastructure subsectors.
- Effective Communicator. Ability to synthesize information clearly.
Other Details
- Job #: req14392
- Term Duration: 3 years
- Selection Process: Interview
- Salary: negotiable
- Application Process: Online
How to Apply IFC Senior Credit Risk Officer Jobs 2021
Note: Before you apply, please download (link is given below) the full advertisement and read it carefully.
Then to apply, go to https://worldbankgroup.csod.com/ats/career……….
The Closing Date: 10th January 2022
Only shortlisted candidates will be contacted for interviews.
| Particulars | Details Link |
| Job Advertisement | Download |
| Official Website | www.ifc.org |
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