Risk Officer at African Guarantee Fund (AGF)

The position focuses on supporting the Chief Risk Officer in managing Market, Liquidity, Credit and Compliance Risks within the organization.

Responsibilities

• Conduct Market & Liquidity Risks assessment of the Treasury book of the Fund
• Highlight all identified Market & Liquidity Risks and make risk mitigation strategies recommendations
• Review the Guarantee Approval Request for the French speaking countries both with Business Development Officers and Chief Risk Officer
• Setup and monitor the compliance policy of the Fund, including AML/CFT requirements
• Support in developing risk policies and procedures, risk limits and approval authorities
• 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
• Monitor all limits and risk issues
• Follow-up on all outstanding information and documentation required for Risk Department’s day-to-day operations
• Support the Chief Risk Officer and the Risk team in the end-to-end Fund management
• Compile regular and ad-hoc risk reports as required in both English and French

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

Qualifications

• Master’s degree in Commerce, Accounting, Finance, or Business administration;
• A Minimum of Seven (7) years’ experience in Risk department of a bank or financial institution that trades on Financial Markets. Experience in Market Risk Analysis is a MUST. Experience in financial institutions Credit Analysis and SME Credit analysis is an added advantage.
• BILINGUAL fluent in English and French
• Strong Risk and financial analysis skills
• Demonstrated understanding of AML/CFT and any other regulatory requirements
• 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

Additional eligibility critical Competencies and desired characteristics

• Excellent analytical and IT skills;
• Ability to work independently and with teams;
• Self-driven individual with a passion and flair for helping SMEs succeed;
• Ability to work in a professionally and culturally diverse setting;
• Willingness to travel;

Eligibility

The position is open to bilingual nationals of any African country.

Terms of offer

The African Guarantee Fund for Small and Medium-sized Enterprises (AGF) is an equal opportunity employer and offers a regionally competitive salary with an excellent benefits package. AGF prides itself on its collegial, supportive and gender sensitive working environment and believes that staff diversity promotes excellence. Female candidates are strongly encouraged to apply.