Sr. Associate, Credit Administration.

OVERVIEW

JOB PURPOSE

The role will be responsible for carrying out activities laid out in ITFC’s credit administration policies & procedures, by processing transaction tickets, monitoring compliance and reporting unresolved issues. This includes credit limits/amendment tickets validation in the system at the level of maker, following-up pending issues with relevant departments/functions, monitoring credit utilization and preparing reports. 

KEY ACCOUNTABILITIES

• Check limit and amendment requests for selected credit operations, perform the first leg of limit setting/amendments in the system as required before the final decision is taken by the immediate / second line manager.
• Review financing agreements and security documentation for approved transactions to ensure accuracy and completeness for the purpose of execution and pinpoint any discrepancies to immediate line manager.
• Perform the first step of collateral creation and link them with relevant limits to control utilization of facilities.
• Remain on standby call to report to HQ in the absence of immediate line manager and act as the dual custodian / key-holder for safe custody activities to safely archive security documentation for facilities .
• Prepare data required for the periodic revaluation of collaterals and, if needed, highlight discrepancies.
• Monitor facilities on regular basis to ensure subsequent utilization is in adherence with the terms of approval. Liaise with Operations to ensure adherence and escalate concern areas to immediate line manager.
• Follow-up on pending/deficient documentation vis-à-vis credit operations/transactions with Trade Finance, Operations and other relevant functions to ensure timely resolution.
• Raise day-to-day system issues/bugs and follow-up for their resolution.
• Take note and report policy breaches to immediate line manager.
• Carry out record keeping and filing as required.

KEY ACCOUNTABILITIES

KEY ACCOUNTABILITIES

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ACADEMIC AND PROFESSIONAL QUALIFICATIONS

• Bachelors Degree in Trade, Banking or Economics;
• Master’s Degree with a specialization in Finance or relevant certification is a plus.
• Minimum of 2 years of experience

SKILLS & NECESSARY KNOWLEDGE

• English is compulsary
• Arabic and/or Franch is a plus

ABOUT APPLICATION PROCESS

This position will be stationed in one of the Regional Hubs of the Islamic Development Bank Group. 

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

• Resume/CV
• Copy of passport
• Academic certificate

If you are currently an IsDB Regular staff applying for this role and get selected through the competitive selection process; your current contract type and other terms and conditions will remain unchanged.
 

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants’ bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.