African Trade Insurance Agency Job Recruitment

The African Trade Insurance Agency (ATI) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from the African Development Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Credit Analyst

Location: Kenya, with the possibility of relocation to another African country.

Job Description
Under the oversight of the Senior Credit Analyst and overall supervision of Chief Risk Officer, your functions and duties shall be as follows:

• For a given set of countries, analyse and monitor the general economic and political environment insofar as it affects the creditworthiness of companies, including:
  • Key sectors of the economy and their performance;
  • Quality and availability of information on companies;
  • The regulatory environment i.e. government regulations & policies towards commercial entities;
  • The legal environment i.e. security perfection, bankruptcy and legal ways for debt collection
• Undertake financial analysis of corporate customers using credit skills, ratio analysis; evaluation of parent support policies; judgement of management and strategy. In this respect, analyse historical and projected financial statements of potential and existing obligors, as well as potential and existing ATI insured’s; monitor receipt of quarterly/annual financial information and credit grading of accounts for annual review; monitor the quality of ATI’s credit exposure portfolio by ensuring that limits are consistent and respected, and to identify and signal early warning signs of credit deterioration;
• Review and update (as may be required from time to time) the organization’s credit information database and obligor underwriting system;
• Evaluate and understand risks associated with individual applications for insurance, the underlying project, parent support policies, quality of management and strategy and recommend appropriate risk mitigation measures;
• Ensure compliance with ATI’s policies, including the provisions of the operations manual and ensure that ATI’s policy breaches are properly authorised at the correct senior approving level;
• Have contacts with key clients, banks and obligors in order to develop both general intelligence on a given sector or region and specific information about private obligors and public buyers;
• Evaluate and document the soundness of the credit management policies of lenders and traders;
• Contribute to debt collection and risk mitigation actions;
• Contribute to corporate communication exercises, workshops and conferences;
• Travel on regular basis to meet information sources, clients, banks, buyers and other business partners;
• Perform such other duties as may be assigned to you from time to time.

Qualifications

• Master's Degree in Business / Economics or equivalent through experience;
• Strong credit experience, preferably with an African bank or credit institution;
• Preferably English speaking with French and/or Portuguese would be an added advantage;
• A minimum of 5 years banking and credit experience in a francophone West African country;
• Extensive personal network in West and Central Africa (banking and corporate);
• Excellent communication and presentation skills.

Other Requirements:

• The roles requires excellent communications skills in written and spoken English.
• Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

Job Title: Senior Corporate Compliance Officer

Location: Africa

Job Description

• Reporting to the General Counsel, the Senior Corporate Compliance Officer ensures in general that ATI’s corporate affairs, corporate governance, underwriting and business operations are conducted within and in compliance with the ATI Treaty and constitutive documents, resolutions, underwriting operations manual, regulations, policies and other legal and regulatory requirements.
• Additionally, he or she provides advice and guidance on compliance matters relating to ATI’s corporate affairs, corporate governance and underwriting operations.
• The Senior Corporate Compliance Officer will perform in particular the following functions and duties under the supervision of the Head of Legal:
• Maintain all sections of the compliance policies and procedures relating to KYC (Know Your Customer);
• Review KYC documents according to the KYC policy and procedures;
• Keeping and maintaining records of high risk customers and reporting suspicious activities to the authorities;
• Arranging and implementing inspections and audits from third-party organizations and making compliance recommendations based on their findings;
• Briefing and reporting to senior management on matters relating to internal Anti-Money Laundering compliance policies and procedures;
• Developing and maintaining a risk assessment framework for products and services, clients and customers and other issues relating to money laundering;
• Assist in the overall design and implementation of the compliance program for ATI;
• Perform periodic compliance testing/surveillance and ensure successful and timely completion of the compliance program;
• Monitor the compliance of existing policies, procedures and practices in accordance with the ATI Treaty and Rules;
• Assist in developing and reviewing ATI’s policies and procedures in accordance with the Treaty, rules and best practice.
• Provide advice and guidance to Management and staff regarding new or emerging global compliance issues and market trends;
• Stay abreast of regulatory and legal developments, interpret and apply them across the various departments of the organization;
• Collaborate with heads of various Departments in establishing department-level-mechanisms to monitor compliance by policyholders, banks and reinsurers in accordance with the ATI Treaty, rules and best practice.
• Assist on compliance issues related to the opening of bank accounts, review and execution of custody and asset management agreements;
• Identify potential and existing risk compliance issues and address them appropriately;
• Develop and implement periodic training for all departments to insure staff awareness of potential and existing compliance matters and market trends applicable to ATI including but not limited to Anti-Money Laundering, Anti-Bribery and Fraud, Sanctions Regime and Code of Ethics;
• Provide timely response to ATI stakeholders on compliance matters related to ATI’s legal and regulatory framework;
• Undertake research work in the compliance matters related to ATI’s legal and regulatory framework and new development;
• Conduct regular review of ATI’s corporate compliance with existing policies, procedures and practices and propose amendments to Management;
• Perform such other duties as may be assigned from time to time.

Qualifications & Skills

• Undergraduate and Postgraduate Degree either in Law or in Business related or an appropriate field from recognized universities;
• Six to Eight years of experience in compliance, risk management and /or audit experience with a strong focus on risks and controls;
• Strong knowledge of the legal and regulatory framework applicable to multilaterals and development institutions;
• Excellent oral, interpersonal and writing skills in English. French will be an added advantage;
• High ethical standards, strong critical thinking and problem solving skills;
• Possess a versatile multi-disciplinary skill set, an ability to work in a multi-cultural environment, business oriented mind-set and analytical skills;
• Ability to work under pressure and meet urgent deadlines;
• Significant experience in drafting and carrying out research for the purpose of initiating, developing, implementing and maintaining written policies and procedures, testing and risk assessment programs, with limited supervision;
• Professional independence: carries out work independently with due care under the direct supervision of the Head of Legal, Corporate and ultimate leadership of General Counsel;
• IT competence in the use of standard software such as MS Word, PowerPoint, Excel and Internet.

Other Requirements:

• The roles requires excellent communications skills in written and spoken English.
• Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

Job Title: Operations Analyst (Underwriting System)

Location: Africa

Job Description

• The Operations Analyst will work in the Underwriting Department of ATI within the Portfolio Services team and will be reporting to the Senior Portfolio Services Officer.

Key Duties and Responsibilities

• Provide necessary support to the Underwriting System (UWS) project team in day-to-day tasks including: drafting correspondences, collecting, compiling and distributing all data activities;
• Organize and co-ordinate meetings according to the UW project agenda, including logistics and taking minutes;
• Prepare and follow-up on correspondence, presentation, project documents and/or reports as required;
• Facilitate the documents issue process in the UWS;
• Act as an interface between the project stakeholders and the project manager;
• Coordinate the generation of reports from the UWS(in cooperation with the Senior ICT Specialist);
• Monitor and track project milestones for UWS improvement and ensure that requirements and deadlines are met;
• Carry out the user acceptance testing of the UWS;
• Monitor the quality and integrity of data input in the UWS by end users and ensure their accuracy;
• Principal point of contact with the developer of the UWS, follow up on errors, prepare specifications for improvements and further developments;
• Develop and update the end user manual for the UWS, training and coaching of the end users;
• Develop and implement workflows;
• Develop and implement template documents to be generated from the UWS;
• Develop and generate standard and ad hoc reports from the UWS;
• Co-ordinate all information gathering activities carried out by the assigned quality assurance team and ensure that they collect all the relevant information from the users that would allow them to draft adequate specifications for the Underwriting System;
• Co-ordinate all Underwriting System testing activities carried out by the assigned quality assurance team;
• Monitor the activities of the UWS development team and keep track of progress of the development of new functionalities and resolution of bugs;
• Follow up and co-ordinate on all project activities and ensure all project timelines are kept;
• Support the members of the portfolio management team as needed.

Qualifications & Skills

• Bachelor's Degree in Finance, Risk, Actuarial Science or any other relevant field;
• A minimum of 3 years work experience in a comparable responsibility;
• Smart worker, quick learner and ability to assume responsibility;
• Ability to work efficiently within team environments and as an individual contributor;
• Strong interpersonal, written and verbal communication skills;
• Accuracy and attention to details;
• Ability to learn new software applications rapidly;
• Strength in analyzing, researching, organizing, and problem solving;
• Advanced working knowledge of MS Excel, MS Word and PowerPoint skills.

Other Requirements:

• The roles requires excellent communications skills in written and spoken English.
• Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

Job Title: Claims Officer

Location: Africa

Job Description
Reporting to the Senior Claims & Recoveries Officer, the Claims Officer is responsible for the following:

• Provide analytical and technical support in claims management;
• Implement policies and procedures for investigating, evaluating and managing risks and settlement of claims;
• Propose improvements in the underwriting guidelines based on claims and other experiences;
• Assess all information and documents submitted in support of claims to determine their accuracy and compliance with insurance policies issued;
• Provide technical support to the underwriting and accounts departments in all phases of claims handling;
• Maintain a system for monitoring and managing individual and portfolio exposures;
• Measure financial impact of claims and recommend appropriate actions to avoid, retain or transfer the risk;
• Periodic assessment of underwritten risks;
• Forecasting of prepayments, delinquencies, and defaults;
• Project and calculate expected losses for setting loss reserves;
• Maintain records and provide file and data management of losses reported and claims paid;
• Undertaking baseline analysis of risk exposures and insurance coverage;
• Design and maintain loss reports and monitor claim trends;
• Communicate with clients, obligors, stakeholders and all other interested parties in claim processing;
• Review and negotiate changes in policy wording based on claims experiences.

Qualifications & Skills

• University Degree in Commerce, Statistics, Law, Economics or any other relevant field;
• Master's Degree or Professional Qualification in a relevant field is an added advantage;
• Competence in English both orally and written is a prerequisite. Knowledge of French is added advantage;
• Extensive experience working with legal documents used in the insurance and banking industries;
• Extensive experience in analysis of financial documents and data analysis;
• Experience with claims management, management of bad debts and recoveries in a commercial/ development financial institution;
• Ability to anticipate and manage a claim/default prior its occurrence;
• Good communication and negotiation skills;
• Strong organizational skills;
• Over 5 years’ experience working in a similar role;
• Outstanding analytical skills;
• Ability to provide financial and insurance accounting support;
• Willingness to travel.

Other Requirements:

• The roles requires excellent communications skills in written and spoken English.
• Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

How to Apply
Interested and qualified candidates should submit their Applications, which should include an electronic copy of the following below, to: [email protected] using the Job Title as the subject of the email.

• Application Letter
• CV, plus details of your current remuneration package along with details of three referees
• Personal History Form

Click Here to Download the Personal History Form (Ms Word)

Click Here for more information

Application Deadline 20th April, 2021

Note

• The successful candidates must have suitable qualifications, experience and attributes as indicated under the job description.
• ATI reserves the right to not make an appointment to the above vacancies, or to make an appointment at a slightly higher or lower grade, or to make an appointment with a modified job description.
• ATI will only contact those applicants who are being actively considered for an interview.