Credit Manager

The risk management team is responsible for the development of a portfolio which delivers on GuarantCo’s strategic intention of creating high Sustainable Development Impact (SDI) through local currency solutions, while minimising risks. The team is responsible for providing a constructive challenge to new business proposals, ensuring timely and ongoing monitoring of the existing credit portfolio and providing key risk inputs in determining strategic direction of the portfolio in various geographies where GuarantCo operates. The risk management team also works collaboratively with the finance function at GMC and the risk management team at PIDG to provide inputs on key risk models in the areas of ECL, PD and LGD which are used in business decisioning, portfolio monitoring and IFRS 9 accounting.

Credit Risk

• Thorough analysis of all new credit applications and review of proposals pertaining to exposures in the portfolio in the form of waivers/amendments/annual reviews. The credit facilities cover project finance, structured facilities and financing to corporate/financial institutions.
• Assessment of financial models and other materials, combined with in person meetings with our counterparties to provide a holistic assessment of the credit risk.
• Prepare an independent credit note highlighting the key risks, suggest suitable mitigants and provide clear recommendations to the credit and portfolio committees.
• Work with the Investment Team on the seamless transition of a transaction through the process of credit application, living term sheet and ultimately into documentation.
• Ensure regular and independent monitoring of the existing credit portfolio so that early warning indicators are identified and actioned upon on a timely basis. Ensure that all existing credit cases are being reviewed as stipulated in the credit policy and recommend more frequent reviews if required.
• Develop an understanding of key risks in the geographies where GuarantCo operates to be able to provide strategic credit inputs to the Senior Management Team at GMC
• Assist with the coaching and development of the Investment team and other stakeholders in respect of key credit concepts related to financing in emerging markets and develop an appropriate risk culture
• Analysis of stressed assets and delivery of “Credit Lessons Learned”
• Provide key inputs to ongoing development of the GMC credit policy and various risk models related to ECL, PD, LGD for use in business decisioning as well as IFRS 9 accounting.
• It is anticipated that the credit manager will travel to support the business and visit existing and new clients.

Other

• Work with the Head of Credit & Compliance, Deputy CEO’s and other members of the Senior Management Team on any other strategic initiatives as may be required.
• Monitor the credit sanctioning, including updating process on Trade Manager.
• Any other reasonable duties as may be assigned by GMC from time to time.

Essential experience

• Management of credit risk in structured/ project finance transactions, corporate financing and credit facilities to financial institutions.
• Familiarity with guarantees and similar products from Export Credit Agencies, multilateral and bilateral development institutions, monoline insurers etc. is useful.
• Experience in engagement at credit committees with an ability to succinctly articulate key issues and mitigants to the senior management.
• Experience in management of a credit portfolio and development of appropriate tools and indicators to ensure timely identification of red flags.
• Good knowledge of transaction legal documentation in credit facilities.
• Ability to constructively challenge investment team with a solution-oriented approach.

Desirable experience

• Solid understanding of frontier markets (ideally in Africa and Asia).

Interpersonal

• Team player but able to work self-sufficiently.
• Good verbal and written communication at middle/senior levels.
• Ability to influence and obtain buy-in from a wide range of stakeholders.
• Cultural awareness.
• Good networker and relationship builder.

Personal

• Fluency in oral and written English.
• Fluency in oral and written French is preferable
• Self-starter, able to collaborate closely with colleagues
• Resilience, not put off by set-backs
• Entrepreneurial but with a strong ethical foundation
• Organised and able to manage competing priorities
• Analytical ability
• Problem solving, ability to think laterally
• Ability to understand and navigate complex issues
• Capable of developing and communicating their own point of view
• Strong excel and financial modelling skills

The ideal candidate will have worked in a major financial institution, accountancy firm, financial advisory firm, private risk insurance market, or a project sponsor/operator ideally focused on infrastructure and project finance in frontier markets for a number of years.

They will have experience of conducting due diligence on complex cash flow-based financings and preferably can demonstrate some experience of working with various sources of risk mitigation.

The candidate would enjoy driving a strong credit culture in the organization through a proactive approach to credit risk management and developing an independent & deep understanding of frontier markets in Asia and Africa.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply to jobs unless they meet every single qualification. At GMC, we are dedicated to building a diverse and inclusive workplace and culture, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Valuing diversity is essential to our work. We aim to act in accordance with and promote equality legislation by avoiding unjustified discrimination and recognising discrimination as a barrier to equality of opportunity, inclusion and human rights. All GMC employees are required to ensure their behaviour is consistent with our policies. GMC is committed to a policy of equal opportunity and is keen to reflect diversity at every level within the organisation.

you are interested to apply for the role, please submit your CV and cover letter using below link.

https://hr.breathehr.com/v/credit-manager-43962