Credit Risk and Portfolio Management Associate at Infrastructure Credit Guarantee (InfraCredit)

Location: Lagos Island, Lagos

Job Summary

• The Credit Risk and Portfolio Management Associate will be responsible for carrying out assigned credit risk and portfolio management activities of InfraCredit.

Job Description

• Provide support in ensuring alignment of the term sheet, credit paper, legal and security agreements to the guarantee policy and Manage/coordinate the CP fulfilment and sign-off process.
• Assist in ensuring that all relevant deals are being monitored by obtaining relevant information and understanding the credit conditions to be monitored (conditions precedent, waived conditions and ongoing conditions).
• Meeting with the Origination and Structuring team to ensure clear understanding of deal (structures, models, security, etc.) at handover stage.
• Capture the relevant information into the TMU database including tracking of important dates, performance linked indicators and events relating to each deal under management.
• Maintain contact with the client representative to ensure that the required risk information is received in a timely manner.
• Monitor and report on credit risk on a transaction, client and portfolio level by ensuring:
• Client / transaction information is obtained and used to determine compliance to credit conditions / covenants and non-compliance is reported in a timely manner.
• Periodic and ad-hoc visit are carried out to review, where relevant, client operations and/or InfraCredit’s security and providing a comprehensive status report, which must include identification of potential structural weakness in the security.
• Keeping track of all breaches noted on transactions and Escalating breaches to the appropriate sanctioning authority and proposing relevant corrective actions.
• Analyze client performance against bank statements, production, sales, key expenses etc
• Track and monitor key parameters for the Risk Appetite Framework.
• Escalate potential breaches in sector/obligor/rating limits as per approved framework.
• Manage the portfolio stress testing process as outlined in credit policy.
• Drive Model validation and back testing process under the guidance of the Head of Credit.

Requirements

• B.Sc from a reputable Institution.
• 3 - 7 years of work experience.
• Strong understanding of Portfolio management, Credit analysis and policies.
• Good understanding of the legal environment as it affects commercial transactions in the capital market space.
• Strong alignment with InfraCredit core values – Integrity, Passion,Innovation and Collaboration
• Detailed understanding of accounting – management and financial accounting – to analyse financial strengths and weaknesses of clients and identify potential risks.
• Strong background in risk management and credit analytical skills.
• Understanding of property finance, project finance and leveraged& acquisition finance transactions
• Understanding of financial guarantees and capital market instruments.
• Knowledge of risk systems and derivative instruments.