Foreword:

The Arab Bank for Economic Development in Africa (BADEA) is an independent international financial institution owned by eighteen (18) Arab countries, members of the League of Arab States. It is governed by the provisions of its Establishing Agreement and the principles of international law. BADEA aims at strengthening economic, financial and technical cooperation between Arab World and Sub -Saharan African countries and the embodiment of Arab African solidarity based on equality and friendship. To achieve these objectives, BADEA was mandated to execute the following functions

• Contribute to the financing of economic development of African countries.
• Encourage the participation of Arab capital in African development.
• Contribute to the provision of the necessary technical assistance for development in Africa

BADEA is headquartered in Riyadh, the capital of the Kingdom of Saudi Arabia

Job Purpose:

• Assessment and processing of credit applications, for both new and existing clients.

Duties and Responsibilities:

Under the supervision and guidance of the Head of Credit Risk Unit, the credit risk analyst will be responsible for performing in-depth credit analyses and making recommendations to Credit Committees based on financial statements and other sources of information for existing and prospective customers.

• Assess the credit and financial strength of credit applicants by performing fundamental credit analysis using both quantitative (Financial Statements, Cash flows, Financial Ratios, Financial projections, Terms and conditions) and qualitative factors including structure of the transactions, compliance and legal documents.
• Practice due diligence and develop spreadsheets and models to support Risk analysis.
• Process credit applications and provide recommendations tied to analysis and assessment of credit risk and findings that involve the borrower’s ability to repay and highlighting all risk issues pertinent to the credit decision.
• Determine in depth the degree of each type of risk involved and justify risk recommendations.
• Give initial feedback on prospective and existing customer requests to deal team.
• Undertake detailed credit research into countries, economic, industry/sectors, individual borrowers/counterparties using financial and non-financial sources including access to Fitch solutions, S&P, EIU, and Moody’s credit lens systems.
• Perform regular stress tests and scenarios analysis to assess the impact on BADEA’s loan portfolio and assist in providing the required information and data for the risk reports that are presented to the risk committee every quarter.
• Monitor breaches of BADEA’s RMF, conduct analysis, provide conclusions and recommendations.
• Attend credit committee meetings as appropriate.
• Undertake other roles and responsibilities as may be assigned by the RMD Director or by the Credit risk Unit Head.