Overview
The Principal/Chief Credit Officer will provide independent risk assessment for investment proposals and portfolio monitoring, ensuring compliance with IFC's standards and risk appetite.
Key Responsibilities
- Provide objective and independent risk assessment for transaction approvals and portfolio monitoring.
- Serve as a second pair of eyes throughout the investment cycle, partnering with business teams.
- Ensure new transactions and portfolio actions comply with IFC policies, procedures, and best practices.
- Help maintain a sound risk-reward balance consistent with IFC’s risk appetite and portfolio quality standards.
- Approve the initial credit risk rating and facility rating for new transactions and review sample portfolio ratings.
- Visit transaction teams and/or clients to understand market conditions and risks.
- Contribute to knowledge sharing and staff development through training and other initiatives, and mentor more junior staff.
- Participate in reviews and discussions of credit standards, pricing, deal acceptance criteria, and business process improvement.
- Represent the department on relevant working groups.
- Advise the RCRO and VP Risk on new transactions or portfolio developments.
Required Experience
- Minimum 15 years of experience in lending and investing at a major international financial institution, including 5–10 years as a decision-maker.
- Experience in Emerging Markets, particularly Africa, is preferred.
- Significant credit risk management experience across sectors and products.
- Strong experience across debt and equity products.
- Demonstrated capacity to resolve conflicts constructively, exercise sound judgment in complex decision-making, and convey outcomes clearly to diverse stakeholders.
- Strong people management and mentoring skills.
- Sound understanding of global, regional, and market dynamics.
Qualifications
A Master’s degree or equivalent professional qualification in finance, business.
