Manager, Credit [Risk]

دوام كامل في a Laimoon Verified Company في Saudi Arabia
نُشرت يوم November 1, 2024

تفاصيل الوظيفة

The Credit Manager will be required to evaluate trade finance proposals and conduct detailed due diligence, credit and financial analysis, risk scoring, and produce a risk-focused Credit Memorandum (CM) to support sound credit decisions under the guidance of a Senior Credit Manager.This role requires an entry-level Credit Professional with responsibilities to undertake thorough financial and credit risk analysis in trade finance transactions and devise suitable structures and security packages to mitigate those risks.SECTION II: KEY RESPONSIBILITIES:Perform credit evaluation on proposed transactions for Corporates, State Owned Enterprises, Banks & Financial Institutions, and SMEs, by conducting detailed due diligence including financial, business, and structure risks.Identify, measure, mitigate, and report risks in any potential transactions to adequately safeguard ITFC's financial position and mitigate potential losses.In coordination with the concerned Relationship Manager and other staff, obtain all business, financial, and any other related information to enable comprehensive risk assessment and formulation of sound credit opinion on the client.Based on detailed assessment, calculate counterparty risk rating - Probability of Default (PD) and Loss-Given Default (LGD), recommend exposure limits and appropriate security and covenant packages, devise sound and robust financing structures on complex trade transactions, and assess proposed collateral while ensuring compliance with relevant policies & guidelines.Prepare credit memorandum, jointly with Relationship Managers and other concerned staff, and provide write-up for the credit assessment sections highlighting associated business, financial and structure risks, financing structure, proposed collateral, risk matrix as well as risk rating and exposure limit.Present the Credit and Risk aspects of trade finance deals to ITFC internal Committees in order to secure timely credit decisions for effective deal implementation.Monitor ITFC non-sovereign portfolio and perform periodic credit reviews and report any deterioration in financial standing of the clients, collateral value, business, and country risk for appropriate credit decisions.Create and regularly update required credit files and data on relevant systems and tools.SECTION IV: KNOWLEDGE, SKILLS & COMPETENCIES:Bachelor's Degree in Business, Finance, Accounting, or Economics.A formal credit training/certification from a commercial bank is preferable.

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