Job Description
Principal duties and responsibilities are outlined below:
- Manages all the company’s credit risk generated through its business activities.
- Actively supports the partners in fund raise and deal sourcing.
- Aggregates the Portfoliand all credit risk on obligor based on consistent criteria.
- Defines a risk-based economic valuation framework that permits the company tassess and report its credit business.
- Standardises risk measures and ensures formal model-validation processes are implemented consistently.
- Reconciles all credit portfolimanagement data tthe company’s books and records including how internal data on credit losses should be collected and stored.
- Understands the difference between the origination value and the economic value (market price) of a credit asset, how these must be measured and must be considered in evaluating the profitability of customer relationships.
- Marks credit assets tmarket (or model) for the purpose of assessing economic value.
- Sets limits and manages concentrations/controls with proper governance on how tmanage the portfolio.
- Entrenches and ensures that a “top down” stress-testing process in place tanalyse the impact of extreme economic events on the credit risk of the overall credit portfolio.
- Ensures that the company supplements the “top down” approach with a “bottom up” stress-testing process tmeasure the impact of adverse events on obligors, or sets of obligors, with significant exposures in the credit portfolio.
- Aligns accounting conventions with portfolimanagement practices treveal the true economics of positions and ensures these are applied in the context of defined risk management policies and strategies.
- Subjects the mark-to-market book used for active portfolimanagement tappropriate market risk limits, and its profit & loss should be maintained and monitored daily.
Qualifications/Requirements:
- Minimum of 3 years in fund and/or documentation of credit/loans from origination tclose
- A good BSC or HND with proficiency with numbers
- Good interpersonal and relationship management skills
- Knowledge of the mechanics of managing investments
Method of Application
Interested and Qualified candidates should apply via Zainab@sthenicfinance.com
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Job Overview
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Company
Hubforjobs Recruitments
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Experience
3+ years
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Location
Lagos
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Offered Salary
Confidential
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Qualification
BA/BSc/HND
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Industry
Accounting / Finance
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Date Posted
December 21, 2024
Job location
Hubforjobs Recruitments
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Category
Consulting, Recruitment, HR Services
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Website
hubforjobs.com
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Location
Lagos, Nigeria