JOB NAME |
Credit Risk Officer (Financial Institutions & Funds) [Beijing]
POSTED BY: Asian Infrastructure Investment Bank (AIIB)
REF:AIIB 2054
Date Published:Tuesday, August 13, 2024
Date of Expiration:Sunday, February 9, 2025
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LOCATION OF THIS JOB |
China | BEIJING in China |
INDUSTRY |
DEVELOPMENT FINANCE INSTITUTIONS
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JOB TYPE |
Full-Time |
MAIN JOB DESCRIPTION |
Ref. Number 24190 Minimum 5-8 years of experience Department/Division Risk Management Department Job Type Global Recruitment Location Beijing Posting Date Aug 06, 2024 Closing Date Aug 27, 2024
ABOUT The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
ROLE OVERVIEW 1. The primary responsibilities of the Credit Risk Officer are to implement AIIB’s credit risk management framework to ensure sound management of credit risk. The candidate is expected to identify, assess, and manage credit and investment transactions to safeguard the quality of assets booked and minimize potential losses. 2. The candidate will also implement the credit and investment risk framework around the Bank’s lending and investment operations and will be reporting to the Head of Credit and Investment Risk.
RESPONSIBILITIES: 1. Evaluate credit and investment risks of loans, guarantees, and investment activities; identify, measure, and mitigate the risk of new transactions. Make recommendations regarding deal structuring and pricing focusing on financial intermediaries (i.e., banks, non-banking financial institutions, private equity funds), among others. 2. Review proposed credit risk ratings based on the country, sector, market, and counterparty financial analysis provided in the project appraisal documents and recommend appropriate ratings; continuously monitor and recommend changes of counterparties’ credit ratings. 3. Make financial risk assessments of different counterparties such as financial institutions, private equity funds, and project finance, as well as different financing products and structures ranging from loans and guarantees to structured financial products and direct equity. 4. Identify, formulate, and review financial and credit risk management policies and ensure that appropriate systems, procedures, and guidelines are in line with best banking practices. 5. Conduct best practice due diligence and supervision in close collaboration with the Investment Operations departments, ensuring that AIIB’s risk appetite statement is implemented, and a proper risk-reward balance is achieved in all transactions. 6. Closely follow the Bank’s lending and investment activities at transaction origination, monitoring, and supervision levels, and advise on possible actions to mitigate the credit and investment risk resulting to the Bank.
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REQUIREMENTS FOR THIS JOB |
1. Minimum 5-8 years of relevant professional experience in multilateral development bank(s) or global financial institution(s), ideally in private sector credit risk management focusing on financial intermediaries (i.e., banks, non-banking financial institutions, private equity funds). Familiarity with the economies of AIIB’s client countries will be an advantage. 2. Thorough product knowledge of structured financial products, risk pricing, and equity investments. 3. In-depth knowledge of credit and investment risk-related financial analysis, procedures, and systems in complex global financial services settings. 4. Familiarity with credit-enhancing mechanisms, risk mitigation, and treatment of collateral regarding credit and investment exposures. 5. Proven skills and working experience in credit risk assessment and supervision in major industrial sectors with particular emphasis on financial intermediaries (i.e., banks, non-banking financial institutions, private equity funds) in developing economies. 6. A solid understanding of credit and risk management; detail-oriented; quantitative analysis skills would be an advantage. 7. Good oral and written communication skills in English. 8. Master’s degree or higher in risk management, finance, or other related fields.
AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB Members, regardless of nationality, religion, gender, race, disability or sexual orientation. Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment. Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB. * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed. ** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.
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