Careers

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary:

The Chief Risk Officer (CRO) holds the pivotal role of guiding the creation and roll-out of the bank’s risk management capabilities. Additionally, the CRO lends expertise to the board in its development of the bank’s risk appetite and in translating the risk appetite into a risk limits structure.

Job Details:

Duties and Responsibilities:

• Building a robust risk management framework and architecture for the Bank, bringing together several teams (operational risk, credit risk, enterprise risk management, interest rate and market risk, stress testing, modelling and analytics) and managing the enterprise-wide risk.
• Building and leading a highly collaborative and proactive risk function that can navigate the increasingly complex business and regulatory environment.
• Ensuring a system-wide view and understanding of the combined risks of the business and their inter-relationships (interest rate risk, liquidity risk, operating risk, credit risk, reputational risk, regulatory risk).
• Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework.
• Partnering effectively with third parties, regulatory bodies and others, as appropriate and serving as a role model for high personal and corporate ethical values and standards of integrity.
• Responsible for compiling, assessing and reporting risk information to the bank management and the Board of Supervisors.
• Managing the regulatory risks and controls for the assigned regulation, law or line of business to ensure compliance with applicable laws and regulations.
• To work with management to ensure a system is in place which ensures that all major risks of the bank are identified and analyzed.
• Maintain a risk register based on the identified applicable laws and regulations, fraud schemes, and AML, etc considerations.
• Assist in the development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.
• Identify emerging risks that present new regulatory, fraud, or money laundering risks. These include risks associated with new products and services, customer types, geographies, and channels.
• Coordinate the collection of risk information from source systems, departments, and reporting. Analyze the data and apply it to various key risk areas to update the risk profile.
• Any other related tasks assigned by the supervisor/s.

Job Specifiations:

Education: At least a bachelor’s degree in economics, finance, accounting, business administration or ACCA membership.

Certification:

• At least PRM, FRM, CFA certificates or other valid internal certificates are essential.
• Certified Islamic Professional Accountant (AAOIFI) certification will be an added plus.

Experience: At least five years of senior position experience in the risk management department of banks or seven years of the same experience in any recognized financial institution.

Skills:

• Strong understanding of risk exposure calculation methods and risk management.
• Strong analytical skills with working knowledge of the principles of credit risk, market risk, operation risk, liquidity risk, financial risk, and IT risk of banks and financial institutions.
• Sound knowledge of investment risk and portfolio management concepts.
• Understanding of other operational risks including IT Security.
• Ability to clearly articulate and express a bank risk appetite.
• Knowledge of policy development and implementation.
• Strong command of risk management principles tools and models.
• In-depth understanding of the regulatory economic sectors client and market environment and trends.
• Excellent communication organisational and leadership skills.
• Have high ethical standards and integrity in both personal and professional dealings.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us

your CV along with a cover letter via email at executive.vacancy@fmfb.com.af  and cc info.bsd@dab.gov.af

Please make sure that your email includes the vacancy ID as the subject line

About FMFB-A:

As a background, FMFB-A started its operation in 2004, and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Purpose:

We are seeking to recruit a highly motivated ‘SME & Corporate Islamic Financing Officer to join us who possesses excellent business development skills with a hunger to succeed. Reporting to the SME Sales Manager, the aim of this role will be to spearhead loan client acquisition for the branch and to originate quality loans of up to $250,000 for medium and high-income borrowers, attract commercial customer and able to cross-sell FX, Deposits, BGs, Payrolls and LCs. With a positive attitude in everything, you do and every relationship you build, you will be passionate about assisting clients with their financial needs through appropriate loan products. More importantly, you will ensure that the customer gets the right loan / banking needs, at the right price, for the right purpose. Obviously, cash flow analysis, repayment capacity assessment, and collateral management is all part of the job. Do not worry, we provide extensive and excellent training programs to ensure that you are able to fulfil your job requirements.

Job Details:

Position Duty and Responsibility:

• The Financing Officer role is multi-faceted.
• Recruiting new clients; assessing customer needs, introducing different types of Islamic financing and banking product.
• Explaining the Islamic financing process to potential clients and verifying clients’ eligibility for a financing.
• Going and satisfaction throughout the underwriting process.
• Interviewing applicants to determine financial eligibility and feasibility of granting financing and finding applicants’ banking needs.
• Carrying out risk assessment by collecting detailed information on each client through meetings and field visits (home, business, suppliers, customers, guarantors, community) and financing appraisal (financial analysis, repayment capacity, tenure, collateral, etc.).
• Updating the required data in the Bank’s Financing Management System.
• Preparing Financing Appraisal Report for Credit Committee meeting; collecting and/or filling documents for guarantees.
• Checking the proper use of the funds disbursed.
• Financing monitoring including periodic site visits and ensuring timely repayments.
• Going the “extra mile” to build relationships, and customer loyalty.
• Operating in compliance with relevant/prevailing FMFB policies/procedures; and full alignment with the audit recommendations.

Job Specification:

• Having bachelor degree in business administration or economic or finance and accounting, or any other qualification related to banking with 2 years’ experience or Baccalaureates with 3 years working experience.
• The years of experience should be in of SME, MFI and Banking.

Skills:

• Well articulate in the predominant local language of the area in which she/he works; good communication, negotiation and presentation skills; good understanding of business process; good understanding of the business-related laws / regulations of the government; good understanding of the business potential in the area in which s/he works; and good level of familiarity with the population of the area in which s/he works. 

Personal Traits:         

• Belief in, and commitment to establishing and maintaining good relation with the clientele; being tactful and courteous; social concern and sensitive to the culture / traditions of the area of his / her engagement; belief in, and in practice promoting professional confidentiality; enthusiasm in job, specifically in working in field with clients; being mature and self-disciplined.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line and the name of the position with the branch name.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.