Portfolio Management

To manage and maintain the relationships of assigned credit portfolio from effectiveness date till final closure.

Key Functional Accountabilities and Activities:

Portfolio Management:

• Manage the client relationships and oversee the performance of ICD’s credit facilities, thereby ensuring smooth implementation of overall credit portfolio operations and ensuring the credit quality of the assigned portfolio.
• Review and clear disbursement requests received from clients and obtain the needed internal clearances for execution.
• Create disbursement drawdowns/deals and repayment schedules in ICD’s core system in accordance with the agreed facility terms.
• Follow up with the client to ensure the funds are utilized according to the terms stipulated in the signed facility agreements.
• Follow up with clients for receiving all the required reports stipulated in the financing agreements in timely manner.
• Review the received reports and provide the line manager with quality analysis of the facility/project developments with proper recommendations if needed.
• Assess clients’ waiver/amendment/NOC/ requests and prepare a memo on the request with recommendation for internal approval. Obtain the needed notes/clearances from the relevant internal functions. Develop and present the proposals to the approving authorities within ICD. Follow up the signing of the related documents.
• Review and monitor the security package provided under the facility to ensure it is always valid, enforceable and evaluated in accordance with ICD’s Policies & Procedures.
• Detect and report early warning signals and/or deterioration in the creditworthiness of ICD’s clients and recommend remedial actions.
• Follow up on the collection of due and overdue repayments and take necessary actions to regularize defaulted accounts.
• Escalating non-performing facilities to the Special Operations Unit (SOU) in accordance with the relevant Guidelines.

Rescheduling/Restructuring:

• Assess rescheduling/restructuring requests for facilities with overdue payments, that have not been transferred to SOU.
• Undertake macroeconomy and industry analysis of countries with ICD’s exposure.
• Prepare a report on the clients’ requests with recommendations.
• Obtain the needed notes/clearances from the relevant internal functions.
• Present the proposals to the approving authorities within ICD.
• Coordinate the facility rescheduling/restructuring exercise and follow up on the signing of the relevant documentation.
• Update the internal core system with new repayment schedule after rescheduling/restructuring.

Reporting & communication:

• Develop periodic and ad-hoc reports outlining credit portfolio performance across all applicable metrics (disbursement, collection, compliance with covenants of the agreement, etc.).
• Review reports on performance of ICD’s credit financing portfolio.
• Prepare and present the facility annual review report.
• Report to the line manager the overall quality of the portfolio, progress status, key changes, and status of adherence to the risk management guidelines.

Qualifications/ Professional Experience:

• At least 3 years of experience in banking environment / financial institutions, preferably in Credit Relationship Management role in emerging markets.
• Bachelor’s degree in Finance, Business Administration or similar discipline is a must.
• Master’s degree in Finance, Business Administration or similar discipline or a relevant Professional certificate in Financial Accounting (CFA), Management Accounting (CMA), Certified Public Accountant (CPA) or any additional relevant professional certifications is required.

Core Behavioral and Technical Competencies :

Core Behavioral:

• Innovation and Initiatives
• Change Management
• Developing People Capability
• Partnership Management
• Strategic Thinking
• Self-Effectiveness

Technical:

• Financial Analysis
• Knowledge of Repayment Issuance
• Knowledge of all Operation Systems
• Accounts Management
• Knowledge of Shari’ah Law
• Portfolio Strategic Management

Language Skills:

• Capable of communicating in English and Turkish. Whereas, Russian is an added advantage.
• Knowledge of any other regional languages is an advantage.

Source: https://www.isdbcareers.com/careers/isdb/VacancyDetail.aspx?VacancyID=170983