Manager, Treasury & Markets (Credit Rating, Process Management & Balance Sheet Analytics) at African Export-Import Bank (Afreximbank)

Reference Number: LEEBLR029
Location: Cairo, Egypt

Responsibilities

• The nature and scope of the job is to support the Treasurer’s function This role is, basically, an analyst role. The analyst will work in the middle-office function within treasury to own and champion Credit Rating Process, Asset Liability Management analysis, and the post-ante Balance Sheet analytics;
• The primary responsibilities of the analyst include the preparation of liquidity forecasts for stress testing, the development of liquidity assumptions, ad-hoc analysis related to the liquidity impact of Bank’s initiatives and working with other functions to prepare the credit ratings book;

Credit Rating Process Strategy Management:

• Develop the annual credit rating process execution strategy for approval by senior management and the Board;
• Review and operationalise the credit rating framework and processes as per policy guidelines or as required by business evolution;
• Assist the Group Treasure in providing analysis and advice to senior management on rating matters as they arise;
• Provide input on credit rating matters incorporated in the Bank-wide Strategic Plan;

Credit Rating Drivers Modelling, Monitoring and Reporting:

• Develop, from scratch, and maintain credit rating drivers models that will track key analytical metrics embodied in the credit rating agencies methodologies;
• Produce quarterly reports for STRIC, RISTRAC and the AUDCO for presentation and their consideration, and as and when requested;
• Develop and prepare monthly credit rating activities reports;
• Maintain an ongoing surveillance and rating recommendations;
• Prepare a comprehensive status report following conclusion of each rating review meeting;
• Ensure the Bank’s website has all the recently available credit rating reports;

Credit Rating Process Planning and Budgeting:

• Develop an annual credit rating process workplan for next period annual credit rating reviews;
• Develop and maintain the credit rating process budgeting model whose outputs shall be included into the treasury function wider budget;
• Develop an annual budget for the credit rating process exercise for inclusion into the wider treasury function annual budget;

Credit Rating Process Meetings Preparations:

• Propose the credit rating process work plan for the next period annual review;
• Coordinate the preparation of the ratings book and summary presentations to rating agencies;
• Document matters raised by credit rating agencies in meetings required for action;
• Develop and maintain a robust ratings-based financial analysis model;
• Develop and maintain the Ratings projection models;
• Champion the collation of necessary data/information from different functions for the preparation of the rating book;
• Review ratings reports, research, and publications from rating agencies before publication;
• Review and validate credit rating information and data received from various functions of the Bank;
• Resolve data anomalies through analysis and discussion with data champions;

Credit Rating Process Balance Sheet Analytics:

• Conduct risk identification and assessment as at designated reporting dates through analysis of data;
• Model, quantify and report the Bank’s balance sheet interest rate risk i.e. interest cashflow analytics of assets and liabilities;
• Review the balance sheet interest rate profile;
• Make necessary interest rate risk mitigation proposals for senior managers’ consideration and ensure necessary approved actions are carried out by relevant functions e.g. Treasury;

Credit Rating Relationship Management:

• Plan and execute all credit rating agencies relationship engagements;
• Champion and manage all relationships with credit rating advisors;
• Review and negotiate credit rating agencies and advisors’ contracts and recommend to senior management for consideration;
• Assist the Group Treasurer with the day-to-day management of communications and engagements with the credit rating agencies and the credit rating advisor;
• Assist the Group Treasurer in arranging credit rating agency meetings and engagements;
• Conduct an annual review of the event-trigger credit rating stakeholder communication plan;
• Assist the Group Treasure and the Senior Manager [International Resource Mobilisation] in coordinating the credit rating process of bond issuances;

Other:

• Any other duties that may be assigned to the role holder by Senior Management from time to time.

Requirements
Qualification and Skills:

• A First Degree in a relevant discipline i.e. Accounting, Financial Management, Economics, Numerical or other related disciplines and a postgraduate degree in a relevant field. Recognised professional certification in a relevant field may be acceptable in lieu of a post graduate degree;
• Recognised Professional Qualification in Treasury [AMCT, CTP (US), ACT’s Cert. in International Treasury Management, ACT’s Cert. in Cash Management, ACT’s Cert. in Risk Management, ACT’s Cert. Financial Mathematics & Modelling etc] or Accounting (ACCA, CIMA, CPA or Equivalent) will be a strong added advantage;
• Excellent knowledge of accounting for treasury activities i.e. International Financial Reporting Standards (IFRS);
• A minimum of 8 years of experience working in a treasury function either in a corporate institution, preferably in the financial services industry;
• Solid grounding in financial systems database methodologies and financial modelling;
• Solid experience in working with Treasury Management Systems;
• Operational experience in a financial department with significant systems exposure;
• Previous experience in a treasury environment and solid understanding of treasury operations;
• People and project management;
• Knowledge of treasury, debt capital markets, financial instruments, and structures;
• Advanced Excel skills and computer literacy (e.g. SQL, Crystal Reports);
• Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages is an added advantage (French, Arabic and Portuguese);
• Demonstrated leadership capabilities, including ability to organize and manage human resources from varied cultural backgrounds to attain goals.

Contractual Information

• Permanent
• Willing and able to relocate to Cairo
• Suitably qualified candidates from all African nationalities are encouraged to apply.

Interested and qualified candidates should send their CV to "Lise Kotze" via: Lkotze@caglobalint.com using the Job Title as the subject of the mail.

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