Senior Associate, Relationship Management

20 hours ago


Makkah, Saudi Arabia Islamic Development Bank Full time

JOB PURPOSE
This role is responsible for implementing ITFC’s strategies for market penetration to provide Trade Solutions in the public sector of the designated region. The public sector refers to Sovereign, Quasi-Sovereign & State-Owned Entities. The role is intended to manage client relationships firsthand and oversee the end-to-end implementation of the investment process under the guidance and supervision of an experienced Senior Relationship Manager. This role is responsible for ensuring adherence with ITFC’s risk guidelines, policies and procedures.
KEY RESPONSIBILITIES_
Relationship and Portfolio Management_
Market Intelligence Gathering:

- Develop an in depth understanding of the target countries’ economy and sectors, which serve as focus areas for ITFC’s Trade Solutions.
- Gain insight on the economic, political, social and regulatory factors impacting the ease of facilitating international trade across the member countries assigned.
- Develop market intelligence to build an understanding of the key stakeholders/predominant players in the Trade Finance market and their offerings across the member countries assigned within the designated region.
- Support the respective Senior Relationship Manager with implementing the CRM process for the region by sharing relevant information for all prospective and existing clientele and leveraging the database to guide origination efforts.
- Origination (Business Development): _
- Source and assess public sector opportunities, identify bankable prospects in target regions, grow and develop new/existing business relationships_. _Act as focal point for the clients or supporting the Senior Relationship Manager throughout the deal cycle, from deal generation to deal closure.
- Liaise with prospective clientele to build awareness around the nature of Islamic Trade Finance products offered by ITFC (such as Murabaha) and various mode of financing provided (Import financing, export financing, LC Confirmation, working capital solution including structured trade commodity transactions etc).
Structuring and Negotiation:

- Build an understanding of the existing/prospective client needs, structuring the transactions and drafting of Term Sheets in line with the relevant guidelines of ITFC.
- Conduct due diligence on prospective deals by evaluating the associated risks in a robust manner to validate the client’s financial standing and risk exposure. Negotiating and closing with prospective clientele on the proposed Term Sheet in line with the relevant guidelines at ITFC.
- Support the Senior Relationship Manager with the preparation of Credit Memorandum and clarifying the terms and conditions for the provision of Trade Finance instruments.
- Conduct a thorough risk evaluation to identify the potential risk factors and incorporate mitigating clauses in the Credit Memorandum.
- Contribute to the presentation of prospective deals in the Credit Committee meetings at ITFC and working to secure approval for implementation. After approval, work towards the legal documentation and utilization/disbursement of the financing in a timely manner. Coordinating all communications between the clients and other internal and external stakeholders as applicable.
- Monitor the status of all transactions in the portfolio to ensure timely disbursement, repayment, and renewals while ensuring there are no gaps.
- Ensure regular communication with clients and other relevant stakeholders via periodic (weekly/monthly) calls as applicable and documenting outcomes for the records.
- Schedule and coordinating follow up actions with clients in the designated region in case of overdues within the stipulated Days Past Due (DPD) in line with ITFC’s guidelines.
- Support the Senior Relationship Manager in the management of country relations with regards to engagements with the Office of the Governor, with all other relevant public sector stakeholders and with country public relations.
- Support the Senior Relationship Manager in the preparation of country engagement documents including strategy papers and Framework Agreements.
- Any other relevant assignment as may be required from time to time.
- Integrated Trade Solutions_
- Originate leads for ITFC’s Integrated Trade Solution offerings from existing as well as new clientele in the assigned region based on sound understanding the market opportunities and clients stated and unstated needs and requirements.
- Work with the relevant departments to cross-sell all ITFC’s products and services for financial sustainability and developmental impact.
- Managing Regional Presence_
- Provide input to devise country specific strategies for effective penetration and lead generation in the designated region for ITFC’s Trade Solutions offering.
- Contribute to the sales planning by delivering market information of their respective segments/markets to the responsible Senior Relationship Manager.
- Contribute to maintaining relationships with clients in the



  • Makkah, Saudi Arabia Islamic Development Bank Full time

    Senior Associate, FI Financing Europe & Central Asia - Russian Speaker (ICD) Role Purpose Improve and strengthen the private enterprises, including Small and Medium Enterprise's (SME), access to financing in member countries through originating, processing and structuring Lines of Financing programs with partner FIs in the Europe and Central Asia region...


  • Makkah, Saudi Arabia Parsons Full time

    **Minimum Clearance Required to Start**: Not Applicable/None Ready to put your project management expertise to work on complex projects? Are you great with people and have a track record managing teams that get the job done? Parsons is now seeking to hire an experienced Senior Attractions Specialist with a desire to work on creating innovative, practical...

  • Senior Mep Manager

    4 days ago


    Makkah Al Mukarramah, Saudi Arabia Parsons Full time

    **Minimum Clearance Required to Start**: Not Applicable/None Ready to put your design management expertise to work on complex projects? Are you great with people and have a track record managing teams that get the job done? Parsons is now seeking to hire an experienced Senior MEP Manager with a desire to work on creating innovative, practical solutions to...


  • Makkah, Makkah Province, Saudi Arabia CARE Full time

    Job DescriptionWe are seeking an exceptional Sales Manager to join our team at CARE. The successful candidate will have a proven track record of success in sales leadership, with a strong focus on strategy development, team management, and customer relationship building.Responsibilities and DutiesStrategy Development: Develop and implement sales strategies...

  • Senior Interface

    1 week ago


    Makkah Al Mukarramah, Saudi Arabia Parsons Full time

    **Minimum Clearance Required to Start**: Not Applicable/None Ready to put your project management expertise to work on complex projects? Are you great with people and have a track record managing teams that get the job done? Parsons is now seeking to hire an experienced Senior Interface & Integration Manager with a desire to work on creating innovative,...


  • Makkah, Makkah Province, Saudi Arabia Abroad Work Full time

    Key Responsibilities:We are seeking a highly skilled and experienced Business Support Associate to join our team in Mecca, Saudi Arabia. As an Office Assistant, you will be responsible for performing various tasks such as managing incoming calls, organizing and maintaining files, and coordinating office activities.The ideal candidate should have excellent...


  • Makkah, Makkah Province, Saudi Arabia Carrier Refrigeration Full time

    About UsCarrier Refrigeration is a leading provider of heating, ventilation, and air conditioning (HVAC) solutions. We invented the modern air conditioner and have a long history of innovation and excellence.Our MissionWe aim to create healthier homes, buildings, and shipping environments while reducing our environmental impact. We achieve this by providing...


  • Makkah, Makkah Province, Saudi Arabia Parsons Corporation Full time

    Roles and responsibilities Parsons is looking for an amazingly talented Senior Safety Engineer (Saudi National) to join our team In this role you will be providing senior professional oversight, technical guidance, training and support to the project and lead safety audit efforts and champion implementation of corporate safety processes and initiatives.What...

  • Stakeholder Manager

    1 week ago


    Makkah, Saudi Arabia Parsons Full time

    Ready to put your Stakeholder expertise to work on complex projects? Are you great with people and have a track record managing teams that get the job done? Parsons is now seeking to hire an experienced Authority Approvals & Stakeholder Manager with a desire to work on creating innovative, practical solutions to various projects that enhance the fabric of...


  • Makkah Al Mukarramah, Saudi Arabia British American Tobacco Full time

    The purpose of the role is to develop and implement the overall customer care strategy and manage the efficient and effective delivery of the customer care function, working with internal BAT operational teams and external outsourced delivery partner(s). This role is responsible for handling customer queries via a variety of channels, including social, and...


  • Makkah, Makkah Province, Saudi Arabia Almarai saudi Full time

    Roles and responsibilities To deliver the Company's growth objective by optimizing the sales & distribution of all Almarai product range in his designated area by strictly adhering to Company policies & procedures and maintaining the highest standards of sales ethics.Sales Strategy Development and Execution:Develop and implement sales strategies to meet the...


  • Makkah, Saudi Arabia SITA Switzerland Sarl Full time

    Overview: You will be responsible for promoting SITA FOR AIRCRAFT’s products and solutions to drive growth with existing customers and reach new customers in the aerospace market (airlines, aircraft and equipment OEMs). You will be uncovering, pursuing, and closing multi-million dollar deals in assigned geography. This position is meant for an established...


  • Makkah, Saudi Arabia Nahdi Full time

    Leads and manages activities and processes related to developing Nahdi Medical Company's new overseas sourcing models.In coordination with different divisions and ensures all the defined KPIs are delivered and managed. Develops sourcing network for extended assortment for defined categories, manages the relationship with existing suppliers, and ensures...


  • Makkah Al Mukarramah, Saudi Arabia Parsons Full time

    **Minimum Clearance Required to Start**: Not Applicable/None Ready to put your project management expertise to work on complex projects? Are you great with people and have a track record managing teams that get the job done? Parsons is now seeking to hire an experienced Senior Attractions Specialist with a desire to work on creating innovative, practical...

  • Senior Accountant

    1 week ago


    Makkah, Saudi Arabia Professional Recruitment Full time

    **Responsibilities**: - Manage, train, and oversee the daily operations of the accounting department - Managing the finance team in accounting, optimizations, and investments - Delivering daily, weekly, monthly, quarterly, and annual reporting with forecasts - Reconciles financial discrepancies by collecting and analyzing account information - Monitor and...


  • Makkah, Makkah Province, Saudi Arabia ELSEWEDY ELECTRIC POWER SYSTEMS PROJECTS Full time

    Direct message the job poster from ELSEWEDY ELECTRIC POWER SYSTEMS PROJECTSGlobal Talent Acquisition Team Leader at ELSEWEDY ELECTRICAnalyzes the technical documents (specifications, calculation notes, drawings, etc.) in order to assess the scope of the studies required and the potential risks.Sets up and issues the necessary clarification requests during...


  • Makkah, Makkah Province, Saudi Arabia Saudi Alqaid Company Full time

    About the Role:We are seeking an experienced Vehicle Systems Specialist - Senior Level to join our team. In this role, you will be responsible for managing the maintenance and upkeep of our bus fleet, ensuring optimal performance and compliance with safety regulations.Main Responsibilities:Develop and implement maintenance schedules for the bus...


  • Makkah, Makkah Province, Saudi Arabia Saudi Alqaid Company Full time

    Job DescriptionThe ideal candidate will have a strong background in sales, marketing, and customer relationship management within the transportation sector.Key Responsibilities:Identify and target new client opportunities to expand the customer base.Develop and execute strategic plans to penetrate new markets.Build and maintain strong relationships with...

  • Senior Accountant

    2 days ago


    Makkah, Saudi Arabia Calo Full time

    Senior Accountant **About **Calo** Launched in Bahrain in November of 2019, Calo is on a mission to make healthy easy. We’re a team of dedicated people driving this mission by providing better, faster, and cheaper ways to access food through technology. **Role overview** We are looking for a detail-oriented Senior Accountant to perform and coordinate...

  • HR Manager

    4 days ago


    Makkah, Saudi Arabia Alahly refrigerator company Full time

    We are looking for an HR manager to lead our HR team. You will take ownership of all HR matters across the company from recruitment to performance reviews, wage reviews, disciplinary action, and learning and development. To perform well in this role you should have experience as an HR manager, or other senior roles in the HR team, and knowledge around all...