Fund Risk Officer at African Guarantee Fund (AGF)

Reporting: The Bilingual Risk Officer reports to the Risk Manager.

Position Location: AGF offices in Nairobi, Kenya

Position Summary: The position focuses on supporting the Risk Manager in managing Credit and Market Risk within the organization.

Major Responsibilities

• Conduct Credit Risk assessment of guarantee approval requests (GAR) presented.
• Discuss the GAR for the French speaking countries both with Business Development Officers and Risk Manager.
• Highlight all identified risks and make risk mitigation strategies recommendations including proposing of conditions and covenants.
• Monitor utilization of guarantee limits and facilities covered under the guarantees
• Ensure conditions and covenants of approvers are complied with and are appropriately captured in the guarantee agreements.
• Support the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report risks.
• Assist in the development of and manage processes to identify and evaluate business areas’ risks and risk and control self-assessments.
• Support in the implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report risks.
• Support in developing risk policies and procedures, risk limits and approval authorities.
• Monitoring of all risk issues
• Follow-up on all outstanding information and documentation required for Risk Departments day-to-day operations.
• Support Risk Manager and the Risk team in the end-to-end guarantee management
• Compile regular and ad-hoc risk reports as required in both English and French
• Perform other duties allocated to him/her by the Risk Manager

In addition to the above duties, the Risk Officer may be required to perform other related or unrelated duties based on the company’s needs.

Desired Qualifications, knowledge, skills & Experiences

• Bachelor’s degree in Commerce, Accounting, Finance, or Business administration;
• A Master’s degree is an added advantage
• A Minimum of five (5) years’ experience in Risk department of a bank or financial institution that is a credit provider. Experience in FI Credit Analysis, SME Credit analysis and Market Risk Analysis is an added advantage.
• BILINGUAL fluent in English and French
• Strong Risk and financial analysis skills
• Demonstrated understanding of insurance, guarantee and bonding facilities
• Demonstrated track record in business development and portfolio management.
• Demonstrated understanding of guarantee and banking products;
• Ability to compile and report results of activities