Job Description

Job Title: Head of Investment and Financing

Location: Hargeisa, Somaliland

Reporting to: Managing Director

Position Summary:

The Head of Investment and Financing is responsible for managing Amal Bank SL's investment and financing activities, including but not limited to origination, execution and monitoring of all financing and investment activities.

Major Duties:

• Originate, execute and manage financing and investment transactions.
• Participate as a member of the financing and Investment Committee in the evaluation of financing and investment decisions or projects, including but not limited to the initial screening of client/project applications.
• Participate in project feasibility studies, and preparation of project concept notes, assessing project risks and advising on appropriate risk mitigation actions.
• Meet with clients, as needed, to discuss financing and investment issues or strategies.
• Work closely with the Manager to complete and review individual and business financing and investment applications for accuracy and feasibility.
• Ensure all applicable documentation for financing and investment applications are received from the clients and are completed correctly with the required authorization and signatures.
• Update client information as needed or requested by the Operations Manager and Managing Director.
• Monitor and ensure the timely completion of client inquiries and financing/investment transactions.
• Ensure that clients are helped in a professional manner and the information provided by the clients are correct and complete.
• Identify and meet with prospective clients to promote the bank’s financing, investment and wealth management products and services.
• Identify cross-selling opportunities and refer such opportunities and leads to the appropriate person or department.
• Identify, monitor, and control portfolio risks, market risks and liquidity risks to promote profitable financing and investment activities.
• Draft regular reports on weekly and monthly basis for the Investment Committee or all financing and investment participants.
• Evaluate financing and investment applications, with reference to risk factors and applicable Amal Bank’s financing and investment policies and procedures.
• Analyze and report Monthly/quarterly/annual of account/portfolio risk exposure and market idiosyncrasies.
• Ensure that contracts are complete and legally correct.
• Ensure that repayments/installments are paid and collected on time.
• Participate in appraisal missions to gather necessary technical, legal, economic and financial information to assess the merits of potential financing and investment opportunities.
• Conduct industry and market research to ensure that the business origination and execution efforts are aligned with the investment strategy of Amal Bank.
• Research, analyze, and evaluate new investment opportunities.
• Ability to analyze financial reports such as Financial Statements and financial ratios in order to evaluate the creditworthiness of potential and existing customers
• Stay up-to-date with industry trends, opportunities and best practices in financing and investment.
• Monitor and review financing and investment activities of the branches.

Experiences and Qualifications

Education: An advanced degree (at least Master’s) in economics, Islamic finance, business administration, or other relevant field.

• A Master’s Degree in Islamic Finance or Finance is preferred
• Experience: 2 to 5 years of relevant experience in investment origination, structuring or portfolio management with a proven track-record in financing and investment transactions
• Proficiency in Microsoft Excel, Word, and PowerPoint
• Ability to perform basic mathematical calculations
• Ability to plan and understand financing and investment processes
• Ability to establish and maintain effective working relationships with staff and clients
• Ability to communicate orally and in writing
• Knowledge of modern Islamic financing and investment portfolio theory, investment operations and processes
• Ability to conduct portfolio risk assessment and control
• Ability to originate and execute simple or complex financing and investment transactions

How to apply

Skills Required

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