IDB1775 - Associate ,Portfolio and Follow Up (ICD)

Business Unit: ICD - Islamic Corporation for Development
Function: Portfolio & Follow up
Department: Direct Investment & Financing
Contract type: Regular Staff
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Closing date: 05-Feb-2017
PURPOSE OF THE ROLE: The role is responsible for deal implementation and disbursements of approved facilities in addition to closely following up on projects by analyzing client profiles and preparing adequate facility/ financed project status & financial analysis by working closely with the Investment Associates. The role is also responsible for managing and maintaining the relationships with ICD's portfolio companies and coordinating activities through-out the investment lifecycle.
 
KEY RESPONSIBILITIES AND ACTIVITIES OF THE ROLE:

Managing the relationships with clients, and overseeing the performance of ICD's Term Finance investments, thereby ensuring smooth implementation of overall portfolio operations and ensuring the credit quality of the assigned portfolio.

Plan, implement and prepare the periodical and annual reviews of the assigned portfolio and conducting regular site visits to project sites and clients for better monitoring of work progress and client business performance.

Ensuring Advices  and Notifications are served to clients in a timely manner, in adherence with the ICD policies and the conditions mentioned in the facility agreements

Detecting potential early warning signals that may impact the credit quality of the assigned portfolio.

Contacting clients to resolve payment delays, if any. Recommending corrective action for projects that have deviated from the original project plan and repayment schedule.

Escalating issues regarding distressed projects at early stages and assessing come-back opportunity to facilitate prudent decision making. Recommending corrective action for further review and action by the Head Term Finance.

Keeping up to date with the recent happenings in ICD's target markets and sectors (for ICD's Direct Investments portfolio), following up announcements issued by regulators from time to time as well different reports issued by the specialized institutions.

Identifying new deal opportunities and liaising with front officer to identify repeated deals.

Monitoring the Term Finance investment portfolio in order to identify requirements for deep sector expertise, and highlighting these to the Investment Associates.

Coordinating with the Monitoring and Evaluation department to measure the developmental impact related metrics that need to be tracked for Term Financing projects.

Initiating account closure on the completion of the repayment schedule.


 
Education Background & Experience:
 
  • Master degree or MBA is a must 
  • 5+  years experience in the Banking and Financial Services sector, preferably in Banking Relationship Management 

Skills:
  • Relationship Management

  • Fluency in English language is a must . 

 
 

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