Afreximbank Manager Syndications Risk Distribution Structuring Cairo Egypt
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
CA Global Headhunters has been retained by the Afreximbank based in Cairo Egypt to recruit for this position. For more information on the Afreximbank please visit their website . Should you meet the minimum requirements and wish to apply for the position please apply directly to CA Global Headhunters.
Reference Number: SRBLRMSYNG005
Nature & Scope:
This complex Syndication role encompasses working with Afreximbank’s client facing origination functions comprising regionally based client relations teams as well as the Bank’s product teams providing structuring support arranging and distribution services to all of these origination units. The position holder will be part of the Syndications function based in Cairo Egypt.
The position holder will work with the Director of Syndications & Risk Distribution and the Head of Syndications (Structuring) to achieve the team’s main objectives which include:
- establishing Afreximbank as the leading arranger of syndicated facilities in Africa by winning and executing loan arranger mandates through the provision of structuring and arranging services to both the Bank’s internal client relations and product origination units as well as the Bank’s external customers;
- mobilising funding from a diverse spectrum of investors including regional and international commercial banks Development Finance Institutions (DFIs) Export Credit Agencies (ECAs) funds to enhance the development impact of the Bank’s deployed risk capital Oil marketing companies/Traders and other nonconventional investors;
- using loan syndications as an instrument for leveraging international financing into / across Africa;
- generating incremental revenue for the Bank derived from the enhanced fee income generated from the arranging and distribution of syndicated loans;
- contributing to the optimization of the Bank’s risk asset diversification objectives and capital used in operations through primary syndication secondary sales and credit risk insurance.
Responsibilities:
Business Development/Origination:
- Actively participate in presenting proposals and mandate letters to clients emphasizing the benefits of syndication and cofinancing thereby working with the Bank’s other origination teams focussed on West and Central Africa to secure syndicated loan mandates from existing and potential clients of the Bank;
- Manage loan arranger mandates and assist in structuring transactions to ensure they reflect current market conditions and investor appetite in order to attract syndication partners;
- Market the Bank’s syndicated finance solution as well as funded and unfunded risk participations to the widest possible group of syndication partners and cofinanciers including African and nonAfrican commercial banks DFIs ECAs insurers and other nonbank financial institutions;
- Coordinate and/or participate in deal roadshows and cofinancing partner calling programmes to support expansion of the Bank’s syndication activities.
- Actively implement all aspects of the Bank’s syndication policies and procedures.
Syndication Loan Structuring and Distribution:
In accordance with the Bank’s Syndicated Loans Policy (SLP):
- execute mandated syndicated loan transactions by providing structuring and arranging services in cooperation with the relevant client relations and product teams;
- support deal pricing negotiations;
- conduct market soundings to identify prospective syndicate partner banks and financial institutions;
- prepare syndicated deal documentation including teasers mandate documents termsheets and information memoranda that will be used to market syndicated deals and facilitate the entry of syndication partners into Bank arranged transactions;
Asset Sales:
- Implement the Bank’s asset sale policy by identifying existing assets for potential secondary sale and obtaining market feedback on appetite levels and sale pricing;
- Liaise with the Banking Operations department that performs the Bank’s portfolio management function to support the optimization of the Bank’s capital allocation through secondary market sales;
- Implement the Bank’s Asset Distribution Plan and further support the optimization of the Bank’s capital management by identifying assets for potential credit risk insurance.
Market Knowledge:
- Conduct syndicated loan market research on pricing and deal structures to facilitate efficient distribution of transactions arranged by the Bank including the secondary market pricing for assets for sale;
- Providing market pricing and risk appetite feedback to the Bank’s management and deal origination teams for their consideration of all syndicated facilities;
- Retain investor appetite in the team’s client relationship management tool Debt domain.
Relationship Management:
- Maintain and expand a diversified network of syndicated loan/cofinancing partners including DFIs ECAs multilaterals international commercial banks African financial institutions funds credit insurance companies and oil marketing companies/traders.
- Devise and implement enhanced cooperation in syndication and cofinancing between the Bank and the DFIs active in Africa.
- Retain and manage relationships with a wide network of professional advisors consultants and deal originators active in the syndicated loan market including debt management and data service providers such as ThomsonReuters Debt Domain Dealogic etc.
Others
- Work with the credit department to facilitate the credit processing and approval and the legal department with regard to transaction documentation for all syndicated facilities;
- Any other tasks that may be assigned by Senior Management from time to time.
Requirements: Qualification and Skill
- Good first degree in a related area and a master’s degree in economics banking & finance or an MBA from a recognized University.
- A professional qualification in banking or international trade finance or other related disciplines will be an added advantage.
- Knowledge and working experience of trade corporate and structured finance loan products to be offered to clients including syndicated loans cofinancing club deals and correspondent banking products including letters of credit. A strong knowledge and experience in structured trade finance (preexport finance reserve base lending etc) projectrelated financing etc. is desirable.
- At least 8 years of relevant experience acquired in a leading financial institution or organisation.
- At least 5 years of experience and knowledge of the main industry sector dynamics in Africa. Experience and knowledge of the extractive industries in particular oil and gas as well as energy infrastructure and financial institutions is desirable.
- At least 5 years of experience in the syndicated loan market and good understanding of the African debt markets with proven background in loan structuring and arranging business development activities fund raising and syndication activities in the developing markets. Experience and knowledge of the African loan market dynamics and relationships with the leading regional and international bank and nonbank investors is desirable.
Benefits and Contractual information:
- Permanent.
- Willing and able to relocate to Cairo Egypt.
- Suitably qualified candidates are encouraged to apply.
If you wish to apply for the position please send your CV to Shearidan Rabsch at
Please visit for more exciting opportunities.
Shearidan Rabsch
Manager – Banking and Finance Africa
CA Global Finance
CA Global will respond to shortlisted 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.
Employment Type
Full Time
