Financial Risk & Governance Specialist

- Preparing and ensuring implementation of the debt related financial policies

- Prepare the financial policies related to the public debt, as per the laws and legislations,

- Update the policies periodically as necessary and based on best practices.

- Monitor the implementation of policies by the entities and companies that fall under the

scope of application.

- Submitting reports on policies status and the extent of the entities commitment to them, to

the management .

- Draft Internal Memos to the Director General office and Supreme Fiscal Committee on

related matters.

- Monitoring and evaluation of Government Related Entities (entities owned by the companies and/or

the direct beneficiaries of the Government Budget/Supports (GREs).

- Creation of exhaustive a list/data base of GREs and classifying them based on Government

ownership structure and supports and maintenance and updating of it on an ongoing basis.

- Review and study Financial Statements and analyze the financial situation of the GREs , and

submitting reports and mitigation recommendations for any vulnerabilities to the Chief

Executive Officer.

- Conduct debt stress tests on GREs as and when necessary and at the request of the Chief

Executive Officer.

- Review and examine the requests from GREs and submitting reports and recommendations

to Chief Executive Officer and maintaining a data base Log of these requests and its status.

- Draft Internal Memos to the Director General office and Supreme Fiscal Committee on

various matters related GREs.

- Maintaining a data base log for the Certificates of Approval issued by the Debt Management

Office to the GREs and ensuring the satisfaction of the Condition Subsequent from GREs.

- Collate and conduct periodic consolidation of Financial and Debt related information from

GREs and its analyses and evaluation reports to the Chief Executive Officer and

Presentations to stakeholders

- Coordination with respective parties for the timely execution of the Dividend distribution

policies

- Establishing a periodic reporting mechanism to the Chief Executive Officer for the financial

status of GREs .

- Study and analysis of financial risks

- Establishing and following up a mechanism for identifying financial risks related to

government borrowing based on best practices.

- Develop steps and solutions to mitigate the resulting risks on public debt levels.

- Laying the foundations and steps for determining the financial risks related to GREs

- The policies to provide recommendations on methodological tools to appropriately value

contingent liability risks on GREs

Requirements

Bachelor s degree, preferably in Commerce, Finance or Business Administration, from a recognized university.

Minimum 8 to 10 years relevant experience in the field to perform required tasks.

Fluent in English (reading, writing, and speaking).