Ca Global recruits 01 Associate, Credit Monitoring
Associate, Credit Monitoring – (Risk / Credit / Portfolio) – Lagos, Nigeria
Reference: LIP
Responsibilities:
Work with the Chief Risk Officer (CRO) and Risk Managers to ensure the efficacy of the Portfolio Management function within Risk Management, including adherence to policies, processes and procedure, timely submission of management reports, the effective monitoring of approved limits for infrastructural sectors and sub sectors, country limits and approved Treasury related exposures, limits and funding baskets and to flag breaches.
Work with Risk Managers and Transaction Teams to ensure timely submission, and high-quality content, of Quarterly Monitoring Reports to Risk Management, work with Risk Managers to prepare and submit risk assessment of Quarterly Monitoring Reports to INVESTCO, and to ensure effective follow up as directed by the CRO.
Preparation of timely submissions to RiskCo and of timely delivery of Management Reports for consideration by Executive Management Committee (Exco) and Investment Management Committee (Investco).
Work with Transaction Teams and CRM to ensure timely submissions to the Monitoring Committee in respect of Watch List assets and those within Risk Assurance’s Portfolio.
Work with Risk Managers in ensuring that transactions adhere to compliance (KYC/AML) criteria and requirements.
Ensure effective credit administration in respect of the satisfaction of all conditions precedent to drawdown (debt) or disbursement (equity), in collaboration with Legal & Corporate Secretariat, that transaction covenants are adhered to, interest rates are effectively applied, fees are collected and client obligations are honoured in a timely manner.
Work with Market Risk Management function concerning transaction risk dashboard, portfolio risk dashboard and daily risk reports.
Work with Environmental and Social Risk Management function to ensure effective monitoring and reporting.
Develop and maintain a Covenants and Conditions tracking system, to record all loan conditions and covenants and to track compliance on a regular basis.
Ensure all Environmental and Social (E&S) covenants for each transaction are adhered to, including the submission of E&S permits and regulatory documents.
Carry out Covenants and Conditions reporting monthly.
Report all non-compliances and breaches to covenants immediately they occur, including E&S-related incidents.
Conduct Know-Your-Customer (KYC) counter-checks for all related parties in the pre-transaction phase.
Carry out monthly KYC checks of all ongoing transaction parties.
Perform other duties as directed by the CRO.
Requirements: Qualification and Skill
First degree (BA/BSc) not lower than 2nd class upper.
MBA or MA/MSc or equivalent post-graduate degree is will be an added advantage.
At least 5 years working in financial institutions (investment bank, commercial bank or development bank).
Fluent reading and writing ability in French language.
Programming capabilities in VBA (other languages will also be considered) and SQL.
Please apply directly, by clicking on the Apply Button and visit www.caglobalint.com for the latest CA Global jobs.
Lizette Pienaar
Recruitment Associate
CA Global Finance
CA Global will respond to short-listed candidates only.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.