International Islamic, Trade Finance Corporation (IFTC) / Dakar is seeking an Associate Credit Manager
Job title : AN ASSOCIATE CREDIT MANAGER ITFC – DAKAR OFFICE
Job Purpose :
International Islamic, Trade Finance Corporation (IFTC) / Dakar is seeking an Associate Credit Manager
Job title : AN ASSOCIATE CREDIT MANAGER ITFC – DAKAR OFFICE
Job Purpose :
The International Islamic Trade Finance Corporation (ITFC), an autonomous entity within the Islamic Development Bank Group (IDBG), is an advanced trade financing Institution geared toward improving the economic situation and livelihoods of people across the Islamic world. The ITFC was formed to consolidate the trade finance business that was formerly undertaken by various windows within the IDB Group. The consolidation of the bank’s trade finance activities under a single umbrella increases the efficiency of service delivery by enabling rapid response to customer needs in a market-driven business environment.
ITFC is seeking an Associate Credit Manager [ACM). The position is based in IDB Regional Office in Dakar.
The Associate Credit Manager (ACM) will be required to evaluate trade finance proposals and zonduct detailed due diligence, credit and financial analysis, risk scoring, and produce a risk- focused Credit Memorandum (CM) to support sound credit decisions. He will contribute to the formulation of credit recommendations on complex trade transactions including Structured Trade Finance (STF) transactions. This will include assessing the credit risks as well as risks associated with commodities, identifying optimum ways to mitigate the risks in a manner that safeguards ITFC’s interests.
This role requires mid-level Credit Professional with responsibilities to undertake thorough risk analysis leading to proper identification of risks in trade finance transactions and devising suitable structures and security packages to mitigate those risks.
Educational Qualifications : Bachelor’s Degree in Business, Finance or Economics Graduate Degree in Business, Finance or Economics preferable
Language Skills : English and French are compulsory.
Years of Experience : For graduates: Minimum 7 years overall For post graduates: Minimum 5 years overall
Nature of Experience :
Prior experience in an Islamic Banking context Prior experience in Credit Evaluation / Analysis Prior experience with Structured Trade Finance products is an advantage
Please submit your resume and references by email to : aazizsall@isdb-org
Deadline for submission : 22/05/2016
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