Position No: 118
Position Title: Senior Officer
Department: Risk Management (DRM)
Location: Thessaloniki, Greece
Type of position: Professional
Closing Date for applications: 16 March 2015
Appointment Type: Three-year fixed term appointment (internal candidates holding open-ended appointments will retain their open-ended appointment status)
Organizational context and impact of results
Under the guidance and supervision of the Director DRM, the Senior Officer will be involved primarily in the appraising and monitoring of Treasury counterparty credit lines and bond / euro commercial paper investment credit lines. The Senior Officer will work in close collaboration with the Treasury department.
The Senior Officer works in close collaboration with key departments of BSTDB, including Banking, Financial Analysis and Project Implementation and Monitoring.
The key expected results are:
- a more focused analysis and additional safety checks of Treasury credit exposures, and
- better credit quality of treasury assets.
Functions
- Assesses the credit risk of proposed new treasury counterparties and investments and making recommendations for allocation of credit lines on a timely basis, presents credit line proposals and recommendations.
- Reviews bond documentation with respect to credit issues offering circulars and bond prospectuses for credit relevant provisions, and participates in the evaluation of asset backed investments including Covered Bonds, Asset Backed Bonds and Asset Backed Commercial Paper.
- Proactively monitors allocated credit lines and exposures, portfolio composition and risk trading on a daily basis and follows developments in the international markets that may affect the portfolio;
- Presents new credit lines for approval, assessing the viability and desirability of the proposals;
- Formally reviews allocated credit lines according to an agreed schedule, presents the reviews together with recommendation and analysis and restates credit arguments where necessary.
Competencies:
- Professionalism: maintains a level of expertise and professional knowledge commensurate with the respective position and job description,
- Results Orientation: demonstrates ability for achieving results against an internal or external standard of excellence.
- Communication and interaction with impact: Transfers efficiently and effectively information and messages, wields effective tactics for persuasion.
- Client/stakeholder orientation – ensures appropriate service of high standard to internal and/or external customers and develops constructive and sustainable business/ customer relationships.
- Teamwork: effectively cooperates with others aiming at the achievement of team objectives.
- Cultural sensitivity/Diversity: supports and promotes an environment that holds opportunities for all, regardless of race, gender, culture and age.
- Integrity: maintains standards of objectivity, independence and discretion. Behaves ethically and in consistency with institutional core values.
- Accountability: exhibits a strong sense of responsibility for one’s work and resulting consequences.
- Innovation and change: is open to and applies novel ideas and thinking to improve processes, methods, systems or services. Accepts and adapts to changes.
- Critical thinking: clarifies goals, examines assumptions, evaluates evidence, accomplishes actions, and assesses conclusions.
Minimum requirements for the position
- Education: First-level University degree in Finance, Business Administration, Applied Economics or Banking.
- Experience: at least 8 years of relevant working experience including at least 3 years in investment grade credit risk assessment.
- Proven experience in analyzing investment grade financial institutions as counterparties for a full range of Treasury transactions.
- Experience in analyzing a range of interest rate securities, including: bonds, euro commercial paper, asset backed securities and covered bonds.
- Computer skills: Excellent working knowledge of financial data analysis package.
- Full specialized knowledge of financial analysis methods and techniques, including financial modeling.
- Thorough understanding of rating financial institution rating methodologies (as used by major rating firms).
- Demonstrated proficiency in summarizing complex financial issues and presenting clearly formulated recommendations.
- Excellent command of English.
Desirable education/qualifications/experience/knowledge/skills:
- Postgraduate degree in Finance, Business Administration, Applied Economics or Banking.
- Experience in an international development financial institution.
- Experience in a banking institution in the BSTDB member countries.
- SAP user working experience.
- Good knowledge of a language of a member state of the Bank.
It is the BSTDB’s policy to offer equal employment opportunities to qualified candidates regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.
Application Procedure
In order for your application for one or more of the above vacancies to be considered valid, please:
1. Complete the BSTDB Application Form in full:
- Provide an answer to each question.
- If a question is not applicable to you, please complete N/A.
- No additional documents (such as CV’s) will be considered
2. Send the completed BSTDB Application Form as an attachment to:recruit@bstdb.org. Pleaseinclude in the subject line of the e-mail only the Reference Number of the vacancy you are applying for and your full name.
Example: 119 John Smith
The above-described application procedure should be followed separately for each vacancy.
In case of application for more than one vacancy, you will receive an automatic receipt confirmationonly to the application which was sent first. Only short-listed candidates will be contacted.
