Line Of Finance, Officer (ICD)

  • See description
  • Djeddah, Makkah, Arabie saoudite
  • Intérim, Plein-temps
  • ICD
  • 19 nov. 17 2017-11-19

The role is responsible for assisting the Head Line of Finance in due diligence & structuring financial agreements & lending programs with partner FIs in accordance with ICD's risk-reward principles. The role further ensures lines are maintained and adequately extended to end users in...

DUTIES AND RESPONSIBILITIES

Conducting first desk assessments to   identify key financials, operational and strategy areas of potential   partnering Fis and submitting investment/partnering proposals to the Board of   Directors for preliminary approval and further study

Managing the portfolio assigned in   order to ensure effective implementation of overall operations as per the   agreements (Disbursements plus  periodic Reporting requirements of the   agreements)

Conducting due diligence activities and   prepares final detailed operational and financial reports on potential   bank-partner and presents recommendations to the Board / Investment Committee   and CEO for approval and loans allocation

Structuring financing agreements &   lending programs with partner FIs in member countries in line with the   overall risk & investment guidelines, comply with Shariah principles and   as per the parameters finalized by the Board & Investment Committee

Ensuring all partner FIs selected   comply with the internal rating process as established by ICD

Maintaining lines and ensuring that   these are being extended to end users thereby achieving the desired   development impact in addition to generating the necessary ROI

Providing training to the partner Fis   to enable them implement the agreements effectively as per the guidelines

Periodically assessing effectiveness of   the lending portfolio through paying regular visits to partner Fis and   redesign lending parameters, if required

Preparing monthly portfolio performance   report and submitting to Management committee for status update

Reviewing the NPAs and assisting the   Head LoF in executing the strategy to recover and minimize ICD loses

Reporting the management on the   distressed projects at early stages for better decision making and proposing   recommendations in order to resolve the problem and minimize negative impact   on ICD

Maintaining local contact with   portfolio companies in key regions, focusing on active monitoring and   lifecycle management. implementation of portfolio activities as per the   stated agreements and identifies & escalates potential roadblocks or   risks.

Educational Qualification:

Bachelor degree Finance or Accounting.

Master Degree or a professional Certificate will be an advantage.

 

Work Experience

3-5  years of experience similar role .