Branch Risk Officer

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: 

This branch level position is responsible for providing assurance that the risk in his/her branch is managed following the bank’s policies and procedures, and falls within the acceptable level of risk appetite. The jobholder focuses on credit and operational risk, as well as mitigation of internal and external fraud.

Job Details:

Title	Branch Risk Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	November 23, 2024
Duration	Permanent	Location	Dashti Barchi Branch, Kabul
Vacancy No.	FMFB-HR-0157-2024	Gender	Female

Duties and Responsibilities:

Credit Risk Document-based Assessment of Borrowers and Guarantors:

• Evaluation of the borrower’s industry risk and macro-economic factors.
• Evaluation of individual borrowers as per the bank’s policies and procedures, including credit risk assessment of
• The purpose of credit, source of repayment, and repayment capacity of the borrower,
• The track record / repayment history of the borrower,
• The proposed terms and conditions and covenants,
• Adequacy and enforceability of collaterals, including approval from appropriate authorities (wakil guzar etc.),
• Appraisal of the real estate of borrowers,
• Evaluation of the guarantor, if applicable.

Credit Risk Monitoring of Borrowers and Guarantors in the Field:

• Independent pre-disbursement loan verification in the field following the guidelines:
• All MF loans above AFN 300,000 equivalent IN USD.
• All SME borrowers are subject to pre-disbursement control (if SME loans are offered at his/her branch).
• MF loans below AFN 300,000 or equivalent in USD – randomly. The selection of clients to be verified shall depend on the composition `of the branch portfolio. The sample should cover all segments of borrowers, all products offered by the branch and all loan officers, as well as new/returning borrowers.
• Guarantors to the above loans, if applicable.
• Independent post-disbursement periodic loan verification in the field for all Past Due Borrowers > 30 days.

Data Analysis and Reporting:

• Works closely with his superiors at the Risk Management Department on other areas of risk applicable to his/her branch and in investigating the incidents of operational risk and fraud that may arise in his/her branch.
• Documents material errors identified in the credit risk management processes, reviews critically the root causes for delinquency cases and lessons learned for enhancement of policies and processes related to risk management.

The types and frequency of reports are as following:

• Monthly reporting on the credit risk management activities to the Credit Risk Manager, including Number of credit files reviewed, rejected and PD clients monitoring.
• Monthly reporting on operational risk controls – a procedure will be introduced in 2017.
• Immediate report on fraud, misconducting and other urgent cases including credit process issues

Job Specification:

Education and Experience:

• The position requires bachelor degree of economic or business administration with two year of experience or associated degree or baccalaureates with three years of experience.

Experience:

• experience in banking shall be in MFI, lending, internal audit, finance or risk assessment; preference will be given to candidates with experience in credit risk assessment,
• Good knowledge (or willingness to learn) of the financial analysis’s principles and indexes,
• Good knowledge (or willingness to learn) of the Basle Committee and DAB rules and regulations pertaining to prudential risk management.

Skills:

• Excellent analytical thinking and attention to details.
• Can-do attitude.
• Independent mindset, able to draw conclusions and communicate his/her concerns in a clear and concise manner directly to the management.
• Quick learner who can rapidly master all aspects of the job with limited supervision and training.
• Good organizer with self-planning and problem-solving skills.
• Good communication and reporting skills. Should be able to communicate in English.

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 (vacancies@fmfb.com.af).

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

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