Developers for Training and Consultancy is recruiting a Head of Factoring for a subsidiary company of one of the leading banks in Egypt.
Job requirements
– 12 – 15 years of experience working at financial institutions
– Minimum 2 years as Head of Factoring or 4 years as Deputy Head of Factoring
Job responsibilities:
– Prepare and present the division’s business plan, this would include the work strategy, 5 year business plan along with the budgeting, balance sheet and income statement forecast
– Create the credit policy, risk policy, guild lines and hiring staff for the factoring business
– Obtain the company’s membership with FCI (Factors Chain International)
– Setting up the factoring products to serve the market’s need
– Negotiate with banks regarding the company’s short-term facilities for the factoring business
– Being responsible for the effective cross selling of the bank and the company products
– Obtain active credit line from banks in local and foreign currencies
– Responsible for international factoring business and signing agreements with the correspondents
– Evaluate costs and revenues of relationships to determine continued profitability
– Handling the approval and register in the list of executives at the Egyptian financial regulatory authority
Please send your updated CV to info@developers-Egypt.com
Please note that only shortlisted candidates will be contacted