Market Risk Officer, Credit Ratings (Finance / Investment banking / Credit) – Riyadh, Saudi Arabia

Our banking client is who is a leading investment bank with presence in 18 Arab countries, is currently recruiting a Financial Market Risk Officer, Credit Ratings to be based in Riyadh, Saudi Arabia.

The main role of the Financial Internal Auditor is to be responsible for monitoring the group’s financial profile and business processes to assess impacts on its credit rating, while serving as the main liaison with international rating agencies. The role involves managing rating models, coordinating with internal departments and consultants, and supporting initiatives to strengthen credit risk assessments across projects, entities, and countries

Responsibilities:

The Market Risk (Credit Ratings) officer will have the following duties and responsibilities:

• Ongoing monitoring of the business processes and financial profile to identify any changes that might have an impact on their credit rating and recommending the necessary responses.
• Ongoing liaison with international rating agencies and the main point of contact for all matters related to their external rating.
• Collect all required information from different departments and accurately complete all rating models and provide any other information required by rating agencies.
• Develop and update internal data models linked to the external rating agency models to ensure accurate, faster and efficient rating/review processes.
• Liaise with external consultants involved in the credit rating process
• Contribute towards internal and external initiatives to improve their own/internal credit ratings for beneficiary entities, projects and countries to better measure and manage the company’s credit risk.

Requirements:

Qualifications

• Hold at least a master’s degree or its equivalent in Business Administration, Finance, Banking or related field (5 years of banking experience in Market Risk).

• Familiarity with the credit rating methodologies of international rating agencies (Moodys, Fitch and S&P) preferably with prior working knowledge/experience in the same.
• Strong analytical skills with a deep understanding of financial statement analysis and accounting concepts.
• Ability to deal with large volumes of data, proficiency with figures and the ability to maintain accuracy and be detail oriented while complying with deadlines.
• Strong Excel/Word/PowerPoint and database application skills. Ability to prepare forecasts based upon reasoned assumptions will be required.
• Professional certification in Risk and/or Finance such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), Chartered Financial Analyst (CFA) or Certificate in Quantitative Finance (CQF) will be advantageous.
• Have a minimum of four (4) years of relevant professional experience in International Financial Institutions or Investment Banks, with a large scope of credit analysis.
• Ability to communicate effectively (written and oral) in English (required), Arabic (strong advantage), and French (desired).
• Able to work effectively in a fast-paced environment, possesses strong interpersonal and communication skills, is customer-oriented, and demonstrates excellent presentation skills in front of internal and external audiences.

If you wish to apply for the position, please send your CV to Chalden Du Toit at [email protected]

Please visit www.caglobalint.com for more exciting opportunities.

Chalden Du Toit

Senior Recruitment Consultant

CA Finance

CA Global will respond to short-listed 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.

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.