Established by African States with the technical and financial support from the World Bank Group and, with a further support by the African Development Bank, the African Trade Insurance Agency (ATIDI) is a multilateral development institution dedicated to providing insurance, coinsurance, reinsurance and other financial services for the purposes of promoting trade, investment and other productive activities into and among its African Member States. Since inception, ATIDI has supported US$70 billion in trade and investments across Africa. ATIDI’s membership includes African Member States as well as corporate and institutional shareholders. ATIDI is rated ‘A’ by Standard & Poor’s and “A3” by Moody’s.
The Chief Risk Officer (CRO) reports to the CEO. S/he will work closely with Senior Management and the ATIDI Board of Directors. The CRO must have a good commercial understanding of ATIDI’s operations and the financial services industry. S/he must also be able to balance business growth with the organization risk appetite and the risk environment, taking regulatory and compliance requirement into consideration.
S/he will bring strong technical expertise from the financial industry coupled with the strong leadership and stakeholder management and communication skills. The ideal candidate should have practical and transactional experience as a Chief Risk Officer, Chief Operating Officer, or Chief Investment Officer, with demonstrated knowledge of enterprise risk management (including operational/process, cyber and compliance/reputation risks). The candidate also needs to demonstrate a thorough understanding and work experience in credit risk evaluation in emerging market transactions, including the use of available risk mitigation tools. This experience [will] have been obtained in the financial industry such as corporate or investment banking, reinsurance, export credit agencies or private risk insurance company.
This role represents a unique opportunity to join a leading development multilateral that plays a key role in ensuring sustainable growth for the continent.
A full role description is available on the ATIDI website - https://www.atidi.africa/about-us/opportunities/careers/
How to Apply:
1. Submit an application letter, in electronic form, accompanied by a curriculum vitae, a personal history form, details of your current remuneration package and three references.
2. Candidates must fill out ATIDI’s Personal History Form which should be obtained at ATIDI’s website https://www.atidi.africa/about-us/opportunities/careers/
3. Candidates are required to submit an electronic copy to recruitmentcro@atidi.africa and sendcv@africsearch.com
4. The closing date for application is 30 November 2023.
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