Division Head, Lines of Finance
- Setting the strategy for the Line of Finance division and overseeing its execution in line with the Channel Strategy overall ICD strategy and risk-reward guidelines
- Ensuring the Line of Finance portfolio is appropriately managed and channeled to projects that are aligned with the strategic priorities for ICD, thereby meeting the overall portfolio performance targets within acceptable risk limits and maximizing the developmental impact
- Conducting due diligence activities and preparing final detailed operational and financial reports on potential bank-partner and presenting recommendations to the Board / Investment Committee and CEO for approval and loans allocation
- Devising structuring financing agreements lending programs with partner FIs in member countries in line with the overall risk investment guidelines, comply with Shariah principles and as per the parameters finalized by the Investment Committee Board
- Ensuring all partner FIs selected comply with the internal rating process as established by ICD
- Maintaining lines and ensuring that these are being extended to end users thereby achieving the desired development impact in addition to generating the necessary ROI
- Maintaining good investor relationships with key FIs thereby ensuring smooth implementation of overall portfolio operations generating maximum returns from the investments
- Reviewing the NPAs and setting a strategy to recover and minimize ICD loses
- Keeping Senior Management updated through periodic performance updates reports
- Formulating divisional budgets in conjunction with departmental organizational budget , tracking expenses and ensuring adherence
- Managing the team by recruiting suitable members in the team, evaluating their performance, providing feedback on an ongoing basis, identifying development needs and coaching them to ensure capability development
Leave a Reply
You must be logged in to post a comment.