About Afrexim
Reference Number : LEEBLR029
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 work plan 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 : Qualifications 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.
Closing date : 09th July 2021
If you wish to apply for the position, please send your CV to Lise Kotze at lkotze@caglobalint.com