Job Vacancy on Amal Bank ” Branch Financing and Investment Officer “

 Job Title: Branch Financing and Investment Officer

Location: Garowe and Galkayo

Reporting to: Branch Manager


Position Summary:
Branch Financing and Investment Officer is responsible for origination, execution and monitoring of all financing and investment activities at the branch level.

Major Duties:

  • Originate, execute and manage financing and investment transactions at the branch level
  • Participate as a member of the branch financing and Investment Committee in the evaluation of branch 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
  • Meet with the producers/sellers/suppliers of the goods in the market, study the market price and work out the purchase and sale prices of the goods as per Amal Bank’s financing guidelines
  • Visit the Business establishment of the Client to assess and ascertain the capacity, honesty, integrity and business dealings of the Client
  • Work closely with Branch Business Development 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 Senior Financing and Investment Officer, Business Development Manager or Branch Manager
  • 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 branch liquidity risks to promote profitable financing and investment activities
  • Draft regular reports on weekly basis for the branch and HQ 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


  • Education: An advanced degree (at least Master’s) in economics, finance, business administration, or other relevant field
  • A Master’s Degree in Islamic Finance or Finance is preferred
  • Experience: 1 to 3 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

Amal Bank is an equal opportunity employer and offers a competitive compensation package commensurate with qualifications and experience.

Please submit a detailed cover letter and résumé no later than September 28, 2016

To: abdirahman.abshir@amalbankso.so


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