Chief Credit Officer

4 weeks ago

Johannesburg, South Africa World Bank Group Full time

**Job #**:

- req24854**Organization**:

- IFC**Sector**:

- Risk**Grade**:

- GH**Term Duration**:

- 3 years 0 months**Recruitment Type**:

- International Recruitment**Location**:

- Johannesburg,South Africa**Required Language(s)**:

- English**Preferred Language(s)**:

- French**Closing Date**:

- 11/10/2023 (MM/DD/YYYY) at 11:59pm UTC**Description**

The Investment and Credit Risk Department (CIR) is part of the Risk and Financial Sustainability Vice-presidency in IFC. The Credit Officers are specialized and experienced risk professionals that are part of the independent risk system.
Credit Officers are responsible for reviewing and approving investment proposals and material portfolio actions submitted to CIR, ensuring that loan and equity transactions provide adequate risk-return to IFC and meet IFC’s minimum investment standards as required by any applicable policies, procedures, or guidelines, and are within the credit risk appetite established by senior management.

Credit Officers provide expert input to identify vulnerabilities /risks associated with new transactions as well as waivers and changes to existing investments, ensuring risks are fully identified, disclosed, and clearly communicated and understood throughout the approval process.

CIR also plays a critical role in maintaining a strong credit and equity culture within IFC and supporting the dissemination of credit and equity expertise and best practice through various knowledge management activities, the development of credit equity standards, credit risk policies, guidelines and procedures, deal acceptance criteria and business process improvements.

IFC is seeking a Chief Credit Officer (CCO) to join the CIR Department with a focus on the Infrastructure and Natural Resources (INR) and Manufacturing, Agribusiness & Services (MAS) space in Africa (CAF) and the Middle East, Central Asia and Türkiye (MCT) Regions. S/he will become part of a formal investment approval hierarchy, serving as "second pair of eyes" in IFC's checks and balances for all IFC investments. S/he will be responsible for providing credit reviews and approvals for new transactions and portfolio monitoring and represent CIR in corporate working groups/initiatives.

The CCO will be based in Johannesburg and report to the CAF & MCT Regional Chief Risk Officer (RCRO).

**Duties and Accountabilities**:

- Provide objective and independent risk assessment in approving and monitoring transactions, in adherence with IFC policies, procedures, guidelines and best practices, such that investment transactions and portfolio actions contribute to IFC’s financial and development goals.
- As a "second pair of eyes" to investment teams, s/he will be available at all stages of IFC's investment process to discuss potential issues with teams, including sponsor, market, regulatory environment, structure of the transaction, term sheet and documentation, obligor/investee financial performance, compliance with covenants, use of de-risking tools, etc.
- Ensure IFC's risk appetite is clearly understood, that a proper risk-reward balance is achieved in transactions, and the quality of IFC's portfolio is maintained.
- Approve the initial credit risk rating and facility rating for new transactions and review sample portfolio ratings on an ongoing basis.
- Be a recognized thought leader and provide expert input to and identify vulnerabilities associated with all approved transactions, as well as waivers and conditions.
- For the geography and sector of responsibility, keep abreast of portfolio trends, participate in quarterly portfolio meetings / equity reviews, ensure Credit Watchlists are up to date and credit and facility ratings are updated adequately to reflect risks.
- Visit transaction teams and/or clients in key office locations to get a first-hand understanding of key risks and to keep abreast of market developments in relevant sectors and countries.
- Contribute to knowledge management activities through drafting of Credit FAQs, actively supporting training programs, or similar activities.
- Participate in reviews and discussions of credit and equity standards, pricing, deal acceptance criteria, and business process improvement. Represent CIR on different working groups and corporate initiatives at the request of the RCRO or CIR Director.
- Provide back-up for other Chief Credit Officers and participate actively in departmental discussions of investment opportunities and challenges.
- Mentor junior staff.
- Advise the CIR Director and RCRO and Senior Management on relevant transaction or portfolio developments which could adversely affect IFC’s asset quality, developmental impact, or future performance.

**Selection Criteria**
- Advanced degree (at least Masters) in finance, business, law, economics, international affairs, or similar fields.
- At least 12-15 years of experience working for a major international financial institution with substantial exposure to both MAS and INR s

  • Chief Credit Officer

    4 weeks ago

    Johannesburg, South Africa IFC Systems Corporation Full time

    **Chief Credit Officer** **Job #**: - req24854**Organization**: - IFC**Sector**: - Risk**Grade**: - GH**Term Duration**: - 3 years 0 months**Recruitment Type**: - International Recruitment**Location**: - Johannesburg,South Africa**Required Language(s)**: - English**Preferred Language(s)**: - French**Closing Date**: - 11/10/2023 (MM/DD/YYYY) at...

  • Chief Credit Officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa World Bank Group Full time

    Job #:- req24854Organization: IFCSector: RiskGrade: GHTerm Duration: 3 years 0 monthsRecruitment Type: International RecruitmentLocation: Johannesburg,South AfricaRequired Language(s): EnglishPreferred Language(s): FrenchClosing Date: 11/10/2023 (MM/DD/YYYY) at 11:59pm UTCDescriptionThe Investment and Credit Risk Department (CIR) is part of the Risk and...

  • snr chief financial officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Pronto Labour Team (Pty) Ltd Full time

    SNR CHIEF FINANCIAL OFFICER - CA(SA) -Springs area, East Rand, GautengSNR CHIEF FINANCIAL OFFICER CA(SA) Minimum 5 years' experience in CFO/FD role in a FMCG OR Manufacturing Industry Minimum 8-10 Year's Qualified as a CA(SA) Managing a Team of +10 people Financial Management & Reporting Budget & Weekly forecasts IT Management Detail Orientated Own Vehicle...

  • snr chief financial officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Pronto Labour Team Full time

    SNR CHIEF FINANCIAL OFFICER - CA(SA) Minimum 5 Years' experience in a CFO/FD role in a FMCG / Manufacturing Industry - MANDATORY MINIMUM 8-10 Years Qualified as a CA (SA) Managing a Team of 10+ People Financial Management & Reporting Budgets & Weekly Forecasts IT Management Own Vehicle & Valid Driver's License Clean Criminal & Credit record - will be...

  • snr chief financial officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Pronto Labour Team Full time

    Looking for an experienced SNR Chief Financial Officer (CA(SA)) who enjoys working in a dynamic environment. Join our team and take the lead in financial management and reporting. Make a difference by overseeing budgeting and weekly forecasts, as well as managing a team of more than 10 people. Minimum 5 years' experience in CFO/FD role in a FMCG or...

  • National Credit Risk Manager

    1 week ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    One of the leading Financial Services firms in the country with their core business being lending money to small and medium sized business that are profitable is looking for a National Credit Risk Manager within their Business Investment Unit. The purpose of this role is to create and improve systems and process to be more efficient and effective in...

  • Chief Financial Officer

    2 weeks ago

    Johannesburg South, South Africa Communicate Recruitment Full time

    A great opportunity based in the south of Johannesburg has become available for Chief Financial Officer with strong manufacturing background.Job & Company Description:Our client is a multinational manufacturing company specializing in elevators and elevators. They are industry giants supplying across all properties such as mall, offices, airports and...

  • Chief Marketing Officer

    4 weeks ago

    Johannesburg, South Africa L'Oreal Full time

    **DESCRIPTION**: The Chief Marketing Officer will report to the Country General Manager with a dotted line into the Group Chief Digital Officer. The Chief Marketing Officer is the key change agent toward consumer centricity in the country. **KEY JOB ACCOUNTABILITIES**: - Drive the transformation of the Country operating model towards more consumer...

  • Chief Commercial Officer

    2 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description The Chief Commercial Officer is responsible for leading, developing, and executing the strategic business development activities, and strategic relationships, and leading transformation in the team by guiding the management team The Chief Commercial Officer will provide support in the successful management of the pricing and profit margins...

  • Chief Client Officer

    4 weeks ago

    Johannesburg, South Africa Ogilvy Full time

    Ogilvy South Africa Group is looking for a Chief Client Officer (or Group MD) partner the CEO and the Ogilvy South Africa (OSA) Executive Committee in the management of multiple operating companies across OSA. The Chief Client Officer will play a client and industry facing role, and in partnership with the Chief Executive Officer (CEO) and Managing...

  • Chief Client Officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Ogilvy Full time

    Ogilvy South Africa Group is looking for a Chief Client Officer (or Group MD) partner the CEO and the Ogilvy South Africa (OSA) Executive Committee in the management of multiple operating companies across OSA. The Chief Client Officer will play a client and industry facing role, and in partnership with the Chief Executive Officer (CEO) and Managing...

  • Chief Operating Officer

    3 weeks ago

    Johannesburg, South Africa Career Minded Full time

    Job Overview **Expiration date**: 25 January 2024 **Location**: Johannesburg, Gauteng **Job Title**: Chief Operating Officer (Mining) **Salary**: R250,000 - R266,700 **Education Level**: Bachelors Degree **Job Level**: Executive **Minimum Experience**: 15 - 20 Years Chief Operating Officer (Mining) - Johannesburg. A Mining Chief Operating Officer...

  • Chief Operating Officer

    2 weeks ago

    Johannesburg, South Africa Career Minded Full time

    **Job Overview**: **Date Posted**: Posted 4 months ago- **Location**: Johannesburg, Gauteng- **Job Title**: Chief Operating Officer (Mining)- **Salary**: R250,000 - R266,700- **Education Level**: Bachelors Degree- **Job Level**: Executive- **Minimum Experience**: 15 - 20 Years**Chief Operating Officer (Mining) - Johannesburg.**: A Mining Chief Operating...

  • Chief Commercial Officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionThe Chief Commercial Officer is responsible for leading, developing, and executing the strategic business development activities, and strategic relationships, and leading transformation in the team by guiding the management teamThe Chief Commercial Officer will provide support in the successful management of the pricing and profit margins...

  • Executive Assistant: Chief Executive Officer

    3 weeks ago

    Johannesburg, South Africa Salt Employee Benefits Full time

    **PURPOSE**: An Executive Assistant to the CEO plays a key role in helping a business run smoothly. An Executive Assistant is a highly organized personal assistant to perform personalized administrative duties for the CEO. They are responsible for scheduling meetings, taking notes, and handling correspondence on behalf of CEO & COO. They may also be required...

  • Chief People Officer

    2 weeks ago

    Johannesburg, South Africa Servest Careers Full time

    **Job Context**: Are you a visionary leader with a passion for cultivating an exceptional organizational culture and empowering a diverse and talented workforce? If so, Servest has an exciting opportunity for you as our Chief People Officer (CPO). As the CPO, you will play a pivotal role in shaping our company’s human resources strategy, driving employee...

  • Chief Product Officer

    3 months ago

    Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

    **Job Description**: BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. WHO YOU ARE You are a strategic thinker, have sound...

  • Chief Operations Officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Salt Recruitment Full time

    Chief Operating OfficerSalt recruitment has partnered with a well-established, non-profit organisation that is committed to making a positive impact in South Africa through coaching and mentoring. They are seeking a highly skilled and experience Chief Operating Officer on a part time basis to join their team.The purpose of this role is to work in alignment...

  • Chief Product Officer

    3 weeks ago

    Johannesburg, South Africa BankservAfrica Full time

    **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give more and include more.**: - Job Title- Chief Product Officer- Location- Selby - Johannesburg, GP 2001 ZA (Primary)-...

  • Chief Financial Officer

    2 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job & Company Description:Are you a seasoned financial leader with a strategic mindset and a passion for driving growth in the logistics industry? Our client, a renowned player in the logistics sector, is seeking a skilled and highly experienced Chief Financial Officer to join their dynamic team. If you possess a solid track record of financial leadership,...