The Export Credit Insurance Corporation of South Africa SOC Ltd (ECIC) is a wholly owned corporation of the DTI with a mandate to facilitate and encourage the export of South African goods and services. The ECIC achieves this by underwriting bank loans and offshore investments and provides export credit and foreign investment insurance cover. The ECIC is a registered short-term insurer and is regulated by the Financial Services Board.PURPOSE OF THIS ROLEDaily, apply analytical tools necessary to identify, assess, manage and monitor country credit/ industry risks; and, implement and maintain the ECIC underwriting engines to comply with international best practice.Provide insurance premium quotations in accordance with the Underwriting Manual of the ECIC and acceptable actuarial practices.provide inputs in the research process to identify trade and investment opportunities for the benefits of South African exporters and investors.KEY ACCOUNTABILITIES, MEASURES & INTERFACESResearch, analysis, interpretation and preparation of reports summarizing economic dataDevelop and apply the risk assessment methodologies and models.Develop and apply Credit Risk Assessment Tools. Independently investigate and prepare political, economic and industry briefs/reports of countries in which ECIC would have political and commercial risk appetite.Price risks in accordance with the ECIC risk pricing models.Monitor and manage country/sector risk exposure limits as well as single obligor limits, concentration risk in line with risk appetite document of the ECIC.Liaise with the other Business Units and management on operational issues and evaluation of project insurance applications.Perform economic impact assessment and modelling.Assist Unit Head in making decisions and recommendations for the risks assessment reports, specifically country and industry reports.Key MeasuresTechnical reports writingStrategic ad hoc research & analysisInteraction with internal & external clients & stakeholdersKey InterfacesAll Operational functionsECIC key stakeholdersStaff of the CorporationQUALIFICATIONS & EXPERIENCEMinimum B.Com(Honours) in Economics with subjects including Investment Management, Business Management, Microeconomics, Macroeconomics, Development Economics, Public Sector Economics, Political Science, Accounting, Statistical Methods (or Econometrics)Minimum 2 years' experience is required in the field of economic research and analysis in a business or financial environmentSKILLS & ABILITIESThe incumbent should have demonstrated the following competencies:Economic research & International relations researchAdvanced Excel skillsData analysisFinancial statements and credit risk analysisExcellent communication and writing skills.Ability to work independentlyAbility to use own initiatives.Ability to prioritize own tasks effectivelyAbility to work under pressure.Ability to forge relationships with other areas of the business and at all levels;Problem solving skills to identify issues and present creative and practical solutions.BEHAVIOURAL COMPETENCIESThe incumbent is required to have the following Behavioral competencies:Problem solving:Demonstrates adequate problem-solving skills and appropriately applies proven solutions.Delivery: Translates business objectives into practical, prioritised and organised action plans; ensures plans are safely and successfully implemented.Conflict resolution: Identifies and pushes for solutions in which all parties can benefit.Team participation: Consistently offers relevant inputs to team discussions as issues are being clarified and solutions are being developed.Flexibility: Available to work more than ordinary business hours.APPLICATIONSClosing Date: Friday, 1 April NOTE: It is ECICs intention to promote equity through the filling of posts, according to the set Employment Equity targets. Data ProtectionPersonal information collected and processed for purposes of recruitment will be protected from unauthorised access and improper use or disclosure. Declaration and Informed ConsentBy submitting your application for the advertised role, you give ECIC permission to process your personal information and you acknowledge that you understand the purpose for which it is required and for which it will be used. Furthermore, you declare that all personal information supplied to the ECIC for the purposes of recruitment is accurate, up to date, not misleading and that it is complete in all respects.