Full Time
Cairo
Posted 5 months ago

Securitization Manager

Job Description

Direct Supervisor: Chief Financial Officer (CFO)

Summary for Job:
Proper selection of securitized portfolio in light of best practices, MERIS concentration criteria and FRA requirements.
Approach securitization advisors requesting proposals, compare offers received and recommend best parties to top management and securitization steering committee (SSC).
Liaise with securitization parties pre-closing and post-closing date, with IT to create the virtual data room (VDR), and with internal departments involved in data gathering and documents fulfillment.

Main Responsibilities:

  • Conduct proper selection of securitized portfolio in light of best practices, MERIS concentration criteria and FRA requirements. Choose best mix of securitized contracts that guarantees maximum gain, cash proceeds and surplus cash in favor of the Originator/Assignor 
  • Approach securitization advisors requesting proposals, compare offers received and recommend best parties to top management and securitization steering committee (SSC).
  • Liaise with securitization parties pre-closing and post-closing date, with IT to create the virtual data room (VDR), and with internal departments involved in data gathering and documents fulfillment.
  • Prepare monthly portfolio analysis along with all reports required by MERIS, custodian, FRA, EGX and MCDR related to the transactions.
  • Create and implement securitization accounting treatments from derecognition until maturity.
    Generate portfolio INFO report for originator management to help monitoring the performance of all securitized contracts. 
  • Prepare net interest margin (NIM) report per contract on a monthly basis.
  • Consider all legal framework requirements and risk opinions.
  • Coordinate with treasury department in checks handling and other treasury duties related to securitization transaction.
  • Ensure financial model is updated on a timely manner by the financial advisor with corridor changes, early settlement, etc.
  • Calculate coupons and ensure publishing of coupon dividends in time.
  • Develop securitization process, accounting scheme and reports via Pixel Integrated System.
    Any other related duties when required.

Job Requirements

Job Requirements

  • Bachelor degree from an accredited university.
  • 10 to 12 years of experience in a relative field
  • Excellent command of both English and Arabic languages.
  • Excellent communication skills.
  • Presentable.
  • Well Organized. 
  • Good knowledge of financial analysis
Other Vacancies

Job Features

Job CategoryFinance - Accounting
Job LevelSenior Managers , Directors & Executives
Reporting toChief Financial Officer
LocationOctober City
Exp Required10+

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