Job: Manager, Export Development Finance and Advisory
Grade: G-5B
Location: Cairo, Egypt
Department: Export Development Finance and Advisory
Cluster: Intra-Africa Trade and Export Development
Reporting to: Director, Export Development Finance and Advisory
Fully on site
About Afreximbank
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade.
For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of December 2023, Afreximbank’s total assets and guarantees stood at over US$37.3 billion, and its shareholder funds amounted to US$6.1 billion. The Bank disbursed more than US$104 billion between 2016 and 2023. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). The Bank is headquartered in Cairo, Egypt.
Job Purpose
The role focuses on originating, structuring, and executing agro-processing and light manufacturing projects to drive export development. It involves facilitating financing, supporting credit and legal processes, and ensuring timely project completion. Additionally, the role includes developing and marketing export initiatives while strengthening strategic partnerships to expand the Bank’s presence and promote trade growth.
Qualifications & Experience of the Manager, Export Development Finance and Advisory
- Relevant bachelor’s and master’s degree or professional qualification in lieu of master’s degree.
- Postgraduate degree in Business Administration, Banking or Finance from a recognized University or a professional qualification in Banking or International Trade Finance.
- Sound experience of at least 8 years with a leading organization and familiarity with the major trade and export development finance products to be offered to clients especially syndication, co-financing, club deals, correspondent banking products including letters of credit, factoring, forfaiting, structured trade finance, corporate finance risk participations, project-related financing and considerable knowledge of how these works.
- Ability to communicate and function in a culturally diverse and change oriented setting and therefore knowledge of the workings of the main segments of the trade finance markets and the participants in major regions of Africa.
- Ability to meet senior officials of banks, corporates and governments and win their confidence that the specialist’s products will meet the needs of these parties.
- Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages is an added advantage.
- Proven experience in marketing trade and project finance products. The candidate must demonstrate experience and knowledge of designing and selling structured trade finance products.
- Willingness to travel extensively and to work long hours where required to achieve the Bank's objectives; and
- Demonstrated leadership capabilities, including ability to organize and manage human resources to attain goals
Key job responsibilities for the Manager, Export Development Finance and Advisory
- Originating and completing agro-processing and light manufacturing projects in different countries in liaison with the branch teams and with support from the Director, Export Development & Advisory.
- Structuring agro-processing and light manufacturing transactions/projects, developing and negotiating term sheets to execution.
- Participating in the preparation of annual business development plans, covering all aspects of financing projects in respect of our export development programs and initiatives.
- Translate business development plans into real business for the Bank from all segments of the Trade and Export markets by structuring and financing light/export manufacturing projects.
- Developing, marketing and managing product, initiatives and programs etc. as a means of facilitating exports.
- Design schemes and roadshows for establishing market presence with emphasis on broadening the geographic scope of the Bank’s activities and promoting the export development programs and initiatives.
- Manage given portfolios, from the process of origination, credit approval and contracting to ensure that the process is finalized within optimal time.
- Supporting the credit department with relevant information to facilitate the credit process and the legal department in the facilitation of transaction documentation.
- In line with the above, liaise with the Banking Operations department to ensure that once approval is obtained, disbursement is done within the required timelines and that the portfolio is managed according to the terms of the agreement and to the client’s satisfaction, until expiry of the same.
- Establishing ties with market participants including international banks, African financial institutions, (project finance intermediaries), project sponsors and developers, corporates and commodity boards and organizations.
- Understand and adhere to the Bank'sAML, Regulatory and Conduct Compliance policies and procedures, notably:
- Staff Handbook (has code of conduct provisions)
- Anti-Money Laundering (AML), Counter Financing of Terrorism and Counter Proliferation Financing
- Conflicts of Interest and Policies on Staff Involvement in External Engagements/Activities
- Anti-Bribery & Corruption
- Insider Trading Guidelines
- Report any suspicious or non-compliant activities or matters relating to the Bank’s staff or the customers to the Compliance Department.
- Complete the Annual Compliance Training/Assessment.
- Understand your customer portfolio, their business and related parties and proactively inform the Compliance team of any changes as part of ongoing monitoring.
- Obtain required Compliance and KYC documentation through effective and efficient communication with relevant internal and external parties.
- In collaboration with the Compliance team, ensure the Bank's products comply with relevant country legislation and sufficient due diligence is conducted to mitigate risk of financial crimes.
Interpersonal skills and Leadership skills
- Experienced professional managing processes, coordinating resources, and producing technical material.
- Acts as a subject matter expert within own area, providing technical guidance to colleagues across Afreximbank Group while maintaining required integrity.
- Coaches, motivates and mentors junior colleagues. May have formal line management responsibilities for a limited number of junior professionals and clerical staff.
- Identifies and addresses training needs for the team, including preparing and delivering training programs as directed by senior management.
- Proactively builds and manages effective working relationships and networks both internally and (where relevant) externally at different organizational levels to support project outcomes.
- Influences decisions at functional level and may support external negotiations.
- Sharing complex technical information to diverse audiences in a clear and concise manner for purposes of driving results and promote a learning culture.
- Solves more complex non-routine problems based on sound critical analysis, technical knowledge and prior experience, whilst considering the potential long-term consequences and benefits of different courses of action.
- Acts with flexibility as a first escalation point for technical issues encountered by junior colleagues.
- Impacts own function by managing a specific area or sub-function, sometimes inputting to functional strategy and policies and providing technical guidance across the organization.
- Has good knowledge of the Continent and African Diaspora’s political, economic and trade landscape and is able to offer well informed opinions on the subject internally and to external counterparts.
- Identifies practical ways in which Afreximbank Group’s values and mission can be cascaded to junior colleagues and external parties
Afreximbank’s Core Values:
- Commitment to Africa and supporting the emancipation and empowerment of Africans
- Uncompromising integrity
- Passion for Learning and Drive
- Teamwork
- Trust and Respect for the Individual
- Innovation, Excellence and Flexibility
- Professionalism and Responsiveness
Key interactions
- Internal
- Origination Teams
- Client Relations
- Credit Assessment
- Legal
- Banking Operations
- External
- Corporate Clients
- Governments
- Regulators
- Development Partners
Should you find this opportunity suitable and are interested in joining a highly reputable organization, we encourage you to apply now!
