18/03/2024

According to the decision of the Supervisory Board, the competitive selection for the position of the Management Board member (Chief Financial Officer) of JSC “State Export-Import Bank of Ukraine” is announced (hereinafter – Bank).

BANK BACKGROUND:

JSC Ukreximbank is a Ukrainian bank, 100% state owned, that plays a critical and unique role in the financial system of Ukraine. Currently, the Bank is the third largest bank in Ukraine in terms of assets. Historically focused on export/import operations, the Bank has developed, of all Ukrainian banks, the largest foreign network of correspondent banks and provides a wide range of specialist products to support export growth for its clients.

Today, the Bank provides a wide range of banking services to public and private sector enterprises in such areas as the military-industrial complex, aircraft construction, implementation of infrastructure projects, energy, etc. The Bank plays a leading role in financing the country's transformation through the implementation of strategic projects and programs.

The Bank is an experienced and active participant in international capital markets. Due to its unique position in the national financial system, the Bank is a key financial agent of the Government of Ukraine and a priority partner of international financial organizations in Ukraine.

One of the key functions of the Bank is the facilitation and servicing, on behalf of the Government of Ukraine, of the loan agreements entered by the Government of Ukraine and Governments of other countries. The Bank acts as an agent of the Government of Ukraine and carries out the servicing of loans provided by international financial institutions in accordance with the terms and conditions of such agreements.

During the war, Ukreximbank met the primary needs of communities in the areas of security and defense, providing support to the population, eliminating the consequences of missile strikes, and finances modern reconstruction and modernization projects. The bank, as the largest corporate investment bank of Ukraine, also started working with international financial organizations to attract financing for the reconstruction of infrastructure objects affected by russian aggression and implemented a number of successful projects for financing cities during the war.

Please follow the link (Consolidated annual management report) to get detailed information about Bank’s current business model, strategic goals and priorities. Bank’s site with financial and statistical reporting: https://www.eximb.com/ua/bank/financial-information/.  

ROLE REQUIREMENTS

A candidate for the position of the Management Board member (Chief Financial Officer) must meet the following general criteria:

• Master’s degree in Accounting or Finance or related field; ACCA, CPA, CFA or similar accounting qualification is highly desirable; MBA or another business degree is desirable;
• at least three years of experience in the banking and/or financial sector(s) in total; proven experience in a comparable CFO or other senior financial leadership role in the banking sector;
• substantial experience in managing the financial function that includes financial and accounting reporting, cash flow management, taxation, financial planning and analysis, treasury, policy development, etc.; strong experience in strategic planning and change management, including the general transformation process;
• in-depth understanding of best practices, tools, platforms, and systems within the financial sphere with the ability to implement and drive adoption of new processes and tools; strong understanding of regulatory requirements;
• proven experience dealing with financial institutions, including IFIs;
• business competency in English will be a significant advantage;
• demonstrates professional suitability in the meaning of the Banking Licensing Regulation, approved by NBU’s Management Board Resolution No. 149 dated 22 December 2018;
• have impeccable business reputation in the meaning given in the Banking Licensing Regulation, approved by NBU’s Management Board Resolution No. 149 dated 22 December 2018;
• should have no criminal records other than a conviction that expired or was properly quashed.
• should not have been prohibited from holding the relevant office or conducting the relevant activities.
• should not have relations (including business or family relations) with or have worked for sanctioned entities and people, with the russian federation and the republic of belarus, as well as individuals and legal entities associated with the russian federation and the republic of belarus;
• have any citizenship (excluding of the russian federation and the republic of belarus), but the candidate should be able to move to Ukraine for permanent residence during the period of work.

Candidate for the position of the Management Board member (Chief Financial Officer) must have the following skills:

• have excellent problem-solving competencies;
• proven leadership acumen with a track record of fostering and guiding high-performing financial teams;
• proven ability to build trust with others through a commitment to the highest ethical and professional standards;
• have high ability to effectively organize, delegate responsibility, and solve problems;
• have excellent communication skills with all stakeholders, including the Supervisory Board, Management Board and employees;
• Highest Integrity Standards – demonstrates ethical conduct, transparency, accountability, and commitment to compliance with regulatory requirements;
• have ability to reach consensus and build relationships among stakeholders, management, partners, and employees; proven negotiation skills;
• have flexible and adaptable mindset to propose case-by-case solutions;
• have resilience and tolerance to stress, ability to withstand pressure and to work hands-on.

SELECTION PROCESS STAGES:

ADDITIONAL INFORMATION

All documents and information obtained during the competition for the position of the Management Board member (Chief Financial Officer) by WARD HOWELL UKRAINE LLC from the applicant and by the relevant applicant, including the fact that the applicant has submitted his/her candidacy for participation in the competition (hereinafter - Confidential Information) are confidential. WARD HOWELL UKRAINE LLC starts processing the information received from the applicant for the position of the Management Board member (Chief Financial Officer) only after obtaining a scanned copy of the signed consent to the processing of personal data per the attached form.

In order to determine the order of processing, namely collection, registration, accumulation, storage, renewal, use and dissemination (including distribution, sale, transfer), of the Confidential information and to ensure its confidentiality, the applicant admitted to participation in the competition for the position the Management Board member (Chief Financial Officer) should sign a non-disclosure agreement with WARD HOWELL UKRAINE LLC in the form to be provided by WARD HOWELL UKRAINE LLC.

Representatives of International financial organizations and G7 embassies will be invited to join the selection process as independent non-voting observers.

APPLICATION INFORMATION:

The candidates interested in participating in competitive selection, shall send the initial package of documents to d.borodii@wardhowell.com.ua by 18:00 pm Kyiv time on 15 April 2024.

Please find the list of documents needed at the following link.

CONTACT DETAILS:

e-mail: d.borodii@wardhowell.com.ua