5 Job Positions at Development Bank of Rwanda (BRD): (Deadline 18 March 2024)

1. Background Information

Job Title:  Credit Analyst

Job Grade: 6

Department: Credit

Reports to: Manager, Credit Risk

2. Purpose of the Job:

Under the direct supervision of the Credit Risk Manager, the Credit Analyst will be part of the credit risk management team and is responsible for identifying, assessing, and measuring credit risks for projects submitted for risk assessment and ensuring appropriate risk controls and responses are developed, in relation to the credit/loan requests for BRD funding.

3. Main Responsibilities of the Job:

• Analyze and assess the financial statements and credit history of existing and new clients.
• Review credit applications and perform credit checks.
• Structure deals and perform risk assessments.
• Make informed decisions backed by sound assessment.
• Produce risk assessment reports for projects to advise the Management on the decision of financing, based on the risks identified and Credit rating of the project.
• Propose risk-adjusted pricing for credits to be approved based on risks identified and rating of the project.
• Perform qualitative data analysis using available analytical techniques, tools, models, simulation, etc.
• Interpret results of analysis, present recommendations, alternatives and implications.
• Collaborate in structing new credit products and Bank’s special funds.
• Participate in project deal forum and project site visits.
• Prepare/collaborate on presentations, reports and capture key credit risk elements for trend analysis as a loss control measure.
• Gather, analyze and synthesize quantitative and qualitative data of credit proposal  or industry /sector trends to determine and promote data driven business decisions.
• Provide ad-hoc reporting and analysis of data with the ability to demonstrate significant changes.
• Familiarity with factors driving performance of industry and trends in Bank’s sectors of intervention
• Review reports and performance trends on a monthly and quarterly basis with the loan recovery, Administration and monitoring teams.
• Support in the development of documents related to credit risk management such as policies and procedures.
• Support in knowledge sharing on matters related to credit risks for projects financing and mitigation measures.
• Perform periodic risk control self-assessment for the credit risk analysis process.

4. Performance Indicators

• Number and quality of risk assessment reports done for projects to be financed.
• Turnaround time work sheet for credit risk projects handled by the credit risk unit.
• Number of Key project site visits and reports as allocated
• Number of key deal forum discussions participated in as allocated by the supervisor.
• Submission of daily, weekly, and monthly credit risk assessment reports to the immediate supervisor
• Collect information relating to restructured projects allocated and submit for analysis on monthly basis
• Submitted proposals on suitable tools identified and suitable for credit risk improvement
• Participation in periodic knowledge sharing sessions. through research papers related to the business activities and updating of credit risk register.

5. Working Relationships

• Credit operations & reporting Unit.
• Business development department.
• Credit Monitoring unit.
• Work out & recovery unit.
• Human Resource departments.
• Department of Company Secretary and General Counsel.
• Risk department.
• Finance department.

6. Professional, academic qualifications and experience

• Bachelor’s degree in finance, Economics, Banking, statistics, Mathematics. Actuarial Science or related discipline.
• At least 3 years’ experience in banking or financial services organization in a similar role
• A Professional qualification in risk management, project finance or project management is a competitive advantage.
• An understanding of project management is an added advantage

7. Core competencies

Given the analytical nature of the role, the successful candidate will be highly numerate with the following experience and skills:

• Working knowledge and experience in credit analysis. Working knowledge of banking laws and regulation in Rwanda.
• Solid understanding of the credit appraisal process and project finance.
• High level of accuracy in the evaluating of financial records and documents.
• Strong understanding of Credit risk analysis and policies.
• Knowledge of credit risk management and measurement practices.
• Must possess effective research, analytical and problem-solving skills.
• Proficiency with a variety of computer software applications, including MS Word, Excel, Power Point, use of analytical tools and financial modeling.
• Extensive analytical skills as well as problem identification and solving skills.
• Good judgement and mental agility, Critical thinking. Results orientated, Attention to detail.
• Ability to manage multiple conflicting priorities across multiple projects/initiatives.
• High level of integrity and Excellent oral and written communication skills.

1. Background Information

Job Title: Environmental & Social Safeguard Specialist

Job Grade: 6

Department: Credit & Enterprise Risk Management Department

Dual Reports: Administratively to the SPIU department and functionally to the Enterprise Risk Management department

2. Contract Terms: 5 years renewable Fixed Term

3. Purpose of the Job

BRD is seeking a highly qualified Environmental and Social Safeguards Specialist to play a crucial role in coordinating, overseeing, and assessing Environmental and Social (E&S) risks associated with our investments. The successful candidate will be responsible for ensuring compliance with National and Partners’ E&S standards, as well as meeting the requirements set by donors and international funders, such as the World Bank’s safeguard tools. This role includes monitoring the environmental performance of financed projects/subprojects and supporting the implementation of E&S aspects in all financed projects. The primary focus will be on ensuring compliance with national and international standards and requirements set by donors.

4. Main Responsibilities of the Job

• Conduct the risk management process related to Environmental and Social risks of projects seeking financing from BRD. (Identify, assess, propose mitigation measures, monitor and report project risks);
• Coordinate and work with PFIs, clients and local authorities in assessing E&S risks and impacts, designing appropriate measures for managing all environmental issues associated with subprojects.
• Conduct capacity building needs assessment and administer safeguard training to PFIs, project beneficiaries/borrowers, and stakeholders to ensure that the clients understand and comply with National environmental regulations, BRD’s E&S Policy, and Donors’ E&S performance standards;
• Establish project GRMs and monitor their operationalization by Undertaking field visits to ascertain if the grievance redress mechanisms for the financed projects are functioning appropriately and if the individual projects are implemented in an environmentally and socially sustainable manner;
• Collaboration in building BRD’s internal capacity for understanding and managing environmental and social risks;
• Develop and update environmental and social safeguard documents with relation to Partners’ (Donors) Environmental and Social Standards (ESSs), Project Aide Memoires, safeguards meetings, progress reports, etc);
• Work with other departments within BRD to ensure that appropriate resources and capacity are well deployed to cover the environmental aspects of all financed projects or sub-projects.
• Provide technical support to all projects/subprojects to ensure full compliance with implementation of adequate E&S mitigation measures in all projects/subproject sites;
• Carry out E&S monitoring visits to financed projects to assess the implementation status of recommended mitigation measures and conditions.
• Prepare periodic reports (quarterly and annually) on the status of environmental and social compliance of investment projects funded.
• Work on any other assignment from either BRD’s Management or immediate supervisor regarding the environmental and social standards of the Bank.
• Contribute to the development and updating of BRD’s Environmental and Social Policies
• Provide internal and external clients with capacity building on ESG-related topics by designing and piloting information-sharing schemes, supporting management on the ESG Market shaping concept.
• Provide support to PFIs in preparing and implementing environmental and Social Management System (ESMS) as per National and international requirements.
• Review safeguard instruments prepared by consultants and ensure E&S safeguard instruments are integrated into the bidding documents and all BRD’s financed operations.
• Report the Bank’s E&S portfolio compliance to Management (E.g., preparing E&S board papers Bank’s E&S annual report, etc..); The candidate will play a key role in conveying intricate E&S information to stakeholders, donors, and partners in a clear and comprehensible manner.

5. Working relationships

Across the Internal and External stakeholders of BRD (BRD Business departments, external stakeholders such as funders, shareholder companies, national stakeholders among others).

6. Professional, academic qualifications and experience

A master’s or bachelor’s degree in social or environmental sciences, environmental engineering Natural Resources Management, or any other related disciplines.

The experience and skills shall include but not limited to the following:

• A minimum of five (5) years for bachelor’s holders and Three (3) years for master’s holders of relevant experience in environmental and/or social management sector.
• Knowledge and Experience in Rwandan Regulations related to Social Risk Management
• Strong capability in management and reporting of project Grievances.
• Demonstrated ability to Independently conduct capacity building to partners.
• Familiarity with the Occupational, Health and Safety procedures and regulations
• Familiarity with World Bank Environmental and Social Safeguards Policies will be an added advantage.
• Ability to work independently, to develop and present sound technical information skills.
• Excellent communication skills and ability to work in teams and multiple groups of people.
• Excellent reporting and data analysis with the ability to translate complex data into user-friendly information and reports.
• Excellent management of conflicts and ability to influence decision making at all levels.
• Mastery of computer skills sufficient to monitor the implementation of E&S aspects and prepare reports and presentation of results.

1. Background Information

Job Title:  Credit Risk Analyst

Job Grade: 6

Department: Risk Management

Reports to: Enterprise Risk Manager

2. Purpose of the Job:

Under the direct supervision of the Enterprise Risk Manager, the Credit Risk Analyst will be part of the enterprise risk management team and is responsible for identifying, assessing, and measuring credit risks associated to the bank’s portfolio and stakeholder projects through SPIU, and ensuring appropriate risk controls and responses are developed, in relation to the portfolio monitoring, regulatory and internal reporting standards of the bank, as well as portfolio credit rating.

3. Main Responsibilities of the Job:

• Conduct Credit Portfolio Risk Assessments to identify potential risks for the Bank, and communicate findings and recommendations to relevant stakeholders, including senior management, through various management committees.
• Prepare regular and ad-hoc reports on credit risk metrics, portfolio performance, and emerging risks.
• Support the develop and maintain a comprehensive credit rating system for the portfolio/individual borrowers.
• Develop and Report the Internal Capital Adequacy Assessment Report (ICAAP) of the Bank,
• Develop and Report quarterly on the Bank Stress testing framework.
• Monitor changes in portfolio quality and assess their impact on overall Credit Risk Portfolio.
• Ensure compliance with internal credit risk policies, external regulatory requirements, and industry best practices.
• Proactively identify opportunities for process improvement in credit risk assessment and reporting.
• Evaluate new projects, or partner projects such as World Bank from initiation stage, for potential credit risk, working closely with project teams (SPIU) to understand financial implications.
• Conduct scenario analysis/stress testing and assess the results of stress testing scenarios to understand the potential impact of adverse economic conditions on the credit portfolio
• Develop monitoring plan and conduct the credit risk monitoring for the projects financed by the Bank.
• Analyze credit risk at the project development stage and ensure adherence to established credit policies and BNR regulations or guidelines.
• Provide training and knowledge-sharing sessions on credit risk concepts, methodologies, and emerging trends within the organization, and more specific to the business and credit teams as the credit risk owners.

4. Performance Indicators

• Effectiveness of risk mitigation strategies and actions taken to reduce credit risk.
• Compliance with relevant regulatory requirements and standards related to credit risk management.
• Effectiveness of credit monitoring processes and turnaround time in implementing the monitoring calendar.
• Quality of the Credit Risk Reports and Turnaround time in delivering the reports.
• Participation in periodic knowledge sharing sessions through the number of Credit Risk Newsletter published.
• Number and impact of the innovative solutions to improve the Credit Risk Management processes of the Bank.

5. Working Relationships

• Credit Operations & Reporting Unit.
• Business Development Department.
• Credit Monitoring Unit.
• Workout & Recovery Unit.
• Human Capital and Corporate Services Department.
• Department of Company Secretary and General Counsel.
• Finance Department.

6. Professional, Academic Qualifications and Experience

• Preferably a minimum of 3 years of relevant professional experience in banking and/or finance
• At least an undergraduate degree or its equivalent in Mathematics, Finance, Banking, Economics, Business Administration (with a major in Finance) or similar quantitative disciplines. MBA or relevant master’s degree will be added advantage.
• Professional certification such as Financial Risk Manager (FRM), Chartered Financial Analyst (CFA), Professional Risk Manager (PRM), Certified Public Account (CPA), Certified Credit Professional or another relevant certificate will be added.

7. Core Competencies

Given the analytical nature of the role, the successful candidate will be highly numerate with the following experience and skills:

• Working knowledge and experience in credit risk analysis. Working knowledge of banking laws and regulation in Rwanda.
• Strong analytical skills with the ability to interpret complex financial data.
• In-depth knowledge of credit risk modeling, portfolio analysis, and risk management principles.
• Familiarity with regulatory requirements and industry standards related to credit risk.
• Excellent communication and presentation skills.
• Ability to work collaboratively in a cross-functional environment.
• Proficiency with a variety of computer software applications, including MS Word, Excel, Power Point, use of analytical tools and financial modeling.
• Highly self-driven
• Ability to manage multiple conflicting priorities across multiple projects/initiatives.
• High level of integrity and Excellent oral and written communication skills.