Vice President - Portfolio Management – Financial Services Division

Responsibilities:

• Assist in developing and implementing the strategy and portfolio management plan for the FS Division.
• Develop, implement, and lead the FS portfolio management framework covering assets and liabilities generated by the Division.
• Liaise with relevant stakeholders and the various departments within the Corporation, including Finance, Risk, Legal, Portfolio Management and Operations, to ensure the strategy is achievable and aligned with organisational/corporate objectives.
• Support organisational review and tracking of corporate objectives by developing and providing regular business reports to the relevant units.
• Provide recommendations and suggestions to the ED FS and the Senior Director, Portfolio Management, for improving work efficiency and productivity in relation to portfolio management.
• Create and maintain efficient credit control procedures relating to the FS Division’s products and systems.

Portfolio Monitoring and Management

• Oversee the performance of all assets and liabilities held within the Division, ensuring adherence to agreed terms and conditions.
• Review and provide adequate guidance and quality control for waivers, rescheduling/restructuring, amendments, rights issues, and other ad hoc portfolio actions.
• Coordinate with special operations on restructurings and other jeopardy cases, as relevant.
• Monitor complex portfolio projects supporting value contribution and development impact to the Financial Services Division’s guarantees, debt, equity investments and liabilities portfolio.
• Lead active portfolio management and negotiations to maximise financial and development effectiveness results.
• Supervise processing of disbursement requests, review withdrawal applications, verify compliance with disbursement conditions/loan covenants, and follow up on the submission of required documents and review their completeness/validity.
• Manage and assess credit risk exposure for market-traded products, including commodities, derivatives, fixed income, and foreign exchange.
• Conduct counterparty credit assessments, maintain limits, and ensure ongoing monitoring of credit exposures.
• Conduct portfolio monitoring missions and, if required, participate in appraisal and due diligence missions.
• Stays abreast of country, sectoral, global markets and product developments.

Liability Management

• Monitor and ensure compliance with all covenants under the Corporation’s liabilities.

Risk Assessment and Mitigation

• Ensure compliance with AFC’s risk management policies and regulatory requirements.
• Conduct regular portfolio monitoring activities delegated by ED FS and Senior Director, Portfolio Management, including credit risk ratings, watchlist updates, and loan loss reserve recommendations.
• Conduct regular reviews of the portfolio of assets to assess financial health, risk exposure, and compliance with covenants.

Competencies:

• Strong financial and credit skills; demonstrated ability to structure a variety of complex financial instruments (guarantees, debt, treasury products and equity).
• Detailed understanding of treasury operations, global market risk factors, as well as portfolio management strategy and operations within a major Financial Institution
• Good understanding and working knowledge of global markets and economics.
• Sound business judgment and strong problem-solving/negotiation skills to identify issues and present creative, practical solutions.
• Ability to work effectively on simultaneous projects under time pressure.
• Capacity to deal with conflicting priorities and deliver high-quality work on schedule; facility to work successfully in multicultural teams and across boundaries.
• Proactiveness, strong business development and client relationship skills, and ability to focus on client needs effectively.
• Ability to interact directly and independently with the senior management of potential clients, financial and technical partners, and senior government officials.
• Ability to draft documents and reports that are concise, well-organized, and appropriately focused on the most critical points relevant to the target audience.

Minimum Qualifications & Other Requirements:

Education

• A good first degree in engineering/economics/finance from a recognised university
• Relevant advanced degree e.g. Master’s Degree in Business Administration, Finance, Investment or a related field of study, is an added advantage
• Relevant certifications related to finance and/ or project management are an added advantage

Experience

• At least 14-16 years of relevant experience in portfolio management within Financial Services, including a solid operational understanding of banks and other financial entities in Africa.
• Relevant certifications related to finance and/ or project management are an added advantage.

Language

• Solid communication and writing skills in English. Proficiency in a 2nd international language is an added advantage.

Others

• Willingness to travel “out-of-station” with minimal prior notice

Benefits and Contractual information:

• 3 Year renewable contract.
• Willing and able to relocate to Lagos, Nigeria
• Suitably qualified candidates are encouraged to apply.

If you wish to apply for the position, please send your CV to Jamie Admas at jadams@caglobalint.com

Please visit www.caglobalint.com for more exciting opportunities.

Jamie Adams

Recruitment Consultant

Banking & Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.