Credit Manager at African Asset Finance Company

African Asset Finance Company is searching for a suitably qualified or experienced candidate to fill in the position of Credit Manager

Responsibilities

The Credit Manager – Ghana is primarily responsible for credit and risk management related to the book of business in Ghana from initial underwriting / credit analysis through to ongoing portfolio monitoring and contract completion. This role reports to the Global Head of Underwriting (to be based in The Netherlands). The Credit Manager – Ghana will be based in Accra. Initially, this will be an individual contributor role with an opportunity for growth and progression in-line with the book of business. Responsibilities include:

• Communicate with potential customers to obtain necessary information to perform the credit underwriting process (e.g., financial information, identification, business plans, etc.).
• Evaluation of new transactions, pre-screening of transactions, performance of due diligence and preparation of credit approval packages for transactions.
• Vetting of potential customers for compliance with local and international regulatory frameworks and/or company policies.
• Review of creditworthiness of potential customers as well as contract terms and structuring.
• Business and industry analysis to identify risks and mitigants.
• Preparation of financial projections and supporting financial information.
• Reviewing the appropriateness of risk ratings and review compliance with credit policy and standard operating procedures.
• Review key financial results, ratios and other elements including the adequacy of financial ratios and IRR.
• Presentation of proposed transactions to executive management and Credit Committee in order to obtain credit approval.
• Performance of ongoing and annual credit reviews; request and review updated financial information, identify trends and anomalies.
• Monitor the timely payment and manage accounts receivable by customers; proactively initiate and propose remedial actions in the event of delinquencies.
• Ongoing monitoring of compliance (PEP, ESG, FOCA, FCPA, etc.)
• Contribute to compliance with operations of AAFC with (corporate compliance) with applicable laws and regulations.
• Notification to management of credit quality concerns or issues within portfolio in a timely manner.
• Maintaining familiarity with policies, procedures, and underwriting standards, recommending areas for enhancement, as necessary.
• Interfacing with other stakeholders and departments within the Company.

The Compensation:

We offer a competitive salary plus bonus opportunity and generous benefits. The role requires physical presence in the Accra office with the opportunity for remote work.

The Candidate:

Candidates should have:

• A minimum of 7 years of commercial underwriting experience from a reputable Tier 1 financial institution in Ghana.
• Bachelor\’s degree with a concentration in Accounting or Finance, advanced degree preferred.
• A profound understanding of local business landscape, culture and customs and how they influence customer payment behavior.
• A solid understanding of financial statements, cash flow analysis, financial ratios and modeling.
• Strong analytical skills with an ability to question information and assumptions.
• Strong verbal and written communication skills; able to piece together financial information to assess for potential risks and present analysis in a clear, concise manner.
• Effectively and efficiently collaborate with international colleagues (in a matrixed organization).
• Excellent time management skills, able to manage priorities and meet deadlines a fast-paced environment.
• Superior attention to detail with a commitment to quality and efficiency.
• Be a resourceful self-starter who can work both independently and as a team-player.
• Possess emotional maturity, persistence, and resilience, display proper judgement, be discrete with confidential information.
• Operate efficiently and effectively in a small office environment that is growing and changing rapidly.
• Ability to work in a small team.

· Commit to upholding the values of AAFC.

• Proficiency in Microsoft Office.
• Commit to and be accountable for full compliance with AAFC’s zero tolerance for corruption and other business irregularities throughout our entire supply chain