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African Development Bank Group (AfDB) – Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries).  The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth.

In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. The Bank is seeking to build a management team that will lead the successful implementation of this vision.

We are recruiting to fill the position below:

Job Title: Senior Loan Accounting Officer

Reference: ADB/19/036
Location: Côte d’Ivoire
Position N°: 50078354
Grade: PL5

The Complex

  • The Vice Presidency for Finance (FIVP) oversees the financial management of the Bank Group.
  • This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.

The Hiring Department/Division

  • The primary objective of the Loan Accounting Division is to administer the loan, grant and guarantee portfolios of the Bank Group and other Funds managed by the Bank.

The Position

  • Under the guidance and supervision of the Division Manager, the Senior Loan Accounting Officer will administer loans, grants and guarantees of the Bank Group and other special funds managed by the Bank in compliance with appropriate policies, regulations and guidelines.

Duties and responsibilities
The Senior Loan Accounting Officer will for a an assigned group of countries:

  • Ensure the integrity of loan/grant portfolio data and transactions by confirming relevant Loan/Grant data relating to approvals, signature, cancellations re-activations and financial terms;
  • Verify the accuracy of bills and ensure that principal and charges billed are in compliance with the financial terms specified in the loan agreements;
  • Identify and record loan repayments, initiate currency purchase requests, ensure correct application of funds received; and make appropriate recommendations to Borrowers with respect to any excess funds or shortfalls;
  • Examine and validate the bi-monthly arrears position of Borrowers, the monthly list of Borrowers under sanctions and lift sanctions for Borrowers on prompt identification and receipt of sufficient additional loan repayments;
  • Ensure effective internal control around loan accounting and reporting;
  • Ensure the accuracy of General Ledger suspense accounts relating to lending products;
  • Conduct debt reconciliation mission in RMC’s
  • Provide training to Borrowers and Bank Staff to ensure familiarity with applicable loan accounting policies and procedures;
  • Conduct quality assurance on the work done by Loan Accounting Assistants;
  • Perform other duties as assigned by the Division Manager.

Selection Criteria
Including desirable skills, knowledge and experience:

  • A Master’s degree and/or a professional qualification in Finance, Accounting, Business administration or related quantitative discipline;
  • At least five (5) years of relevant experience in applying financial concepts and managing a wide range of financial products;
  • Knowledge of ADB and ADF lending products and choices of repayment terms
  • Strong client focus with good interpersonal skills and the ability to collaborate and work with others across and outside the Bank;
  • Strong quantitative skills with attention to detail and numerical accuracy;
  • Proficient in the use of Bank’s IT systems such as SAP CML and Microsoft tools (Excel, Word, PowerPoint, Outlook);
  • Ability to communicate effectively (written and oral) in English or French with a good working knowledge of the other language.


How to Apply

Interested and qualified candidates should:
Click here to apply online

Job Title: Principal Water Resources Economist

Reference: ADB/19/035
Location: Côte d’Ivoire
Position N°: 50001269
Grade: PL4

The Complex

  • The Chief Economist and Vice-President for Economic Governance and Knowledge Management (ECVP) is the Bank’s spokesperson on economic matters and the VP for the ‘Economics Governance and Knowledge Management Complex
  • The ECVP is responsible for:
    • Providing leadership and visibility for the Bank on economic, finance, financial governance and socio economic development issues; and coordinate the generation of analytical works to inform operational policy;
    • Systematically emphasize the critical role of knowledge, experience, lessons learnt and their tangible impact on sustainable, inclusive transformation of African economies
  • The ECVP will inspire, generate and provide direct support to the President and Senior Management of the Bank on a broad range of technical and management issues within the broad remit of economic, finance, public financial governance, management and social economics.

The Hiring Department/Division

  • The external role of the African Natural Resources Center (ANRC) is to support Regional Member Countries (RMCs) improve development outcomes through effective management of natural resources wealth by delivering practical solutions on policy, legislative and investment decisions in the sector
  • Internally, it brings cohesion to the Bank’s strategies in natural resources sectors by providing a single lens through which the institution tackles natural resources governance.

The Position

  • Water resources cut across four main sectors normally represented as a nexus, namely water/energy/food/environment security – water for human consumption, hydropower, agriculture and environment
  • These are interdependent and closely linked as use by one sector will impact available resources for other sectors at any given time
  • The “water nexus” functions as a tool to assist decision makers to best balance water uses at any given time. The objective is to maximize sustainable benefits of available water resources in the wider socio-economic context necessary for sustainable development.

The objective of the post therefore is to:

  • Provide strategic advice to the director and operational leadership to water experts and consultants responsible for producing policy briefs, conduct periodic country sector studies and designing toolkits to generate the knowledge necessary to support RMCs capacity building programs in the water resources sector.
  • Act as the Center’s focal point in managing strategic relations and partnerships with consultants and institutional partners, relevant arms of the Bank, regional governments and private sector entities.
  • Oversee advocacy initiatives and coordinate knowledge-building programs implemented by experts in the stated areas of focus

Duties and Responsibilities
Under the supervision of the Manager and working in collaboration with other colleagues, the  Principal Water Resources Economist provides support to AfDB’s water resources development and management activities. In particular:

  • Undertake and supervise economic, thematic, and sector work (ESW) in emerging water resource management challenges and identify investment opportunities to promote integrated water resources management and regional cooperation in the water sector.
  • Undertake water resources modelling on the basis of the “water nexus approach’ in order to advice RMCs in water resources decision making – allocation, equity, use and access
  • Develop water resources policies, strategies and plans for member countries through the preparation and administration of advisory TA projects.
  • Evaluate water resources policies and projects; intra-regional and regional cooperation activities in the water sector; and on the role of water in developing rural economies and poverty reduction.
  • Lead and participate in the production of key policy briefs, position papers and guidelines on water resources; by liaising with government, academia/research institutions, private agencies and NGOs on water use issues, and help the Center develop appropriate responses. This will include responding to enquiries from the media and public,
  • Organize, originate and/or participate in the production of knowledge management and dissemination of information related to water resources management, including the drafting of Terms of Reference (ToR), the selection of consultants and the supervision of the technical aspects of their work,
  • Collaborate with Country departments to elaborate Bank’s water resources management and development related policy and programs, and when necessary participate in related policy dialogue with RMC’s governments; including the promotion of sustainable water resources management and development
  • Identify major opportunities for strategic collaboration with multilateral and bilateral donors to improve the governance of water resources in Africa; by engaging with them on policy advice
  • Contribute technical inputs to the preparation of country strategy papers and portfolio reviews, with particular reference to the governance of water resources,
  • Provide technical guidance and mentoring to other NRM experts in the ANRC, the ECON Complex, other relevant departments and the Bank’s Regional and Country offices,
  • Support the Bank and RMCs in identification, preparation and appraisal of water resources management and development projects

Selection Criteria
Including desirable skills, knowledge and experience

  • Hold at least a Master’s Degree or its equivalent in Water Resources Economics; Integrated Water Resources Management, Natural Resources Policy or closely related Natural Resources Management fields of study;
  • Have a minimum of (6) six years work experience in the sector, international organizations, regulatory environment or a think-tank with a focus in water resource economics, integrated water resource management and the relevant sector and/or function;
  • A change agent with track record in project design, execution and publishing for internal and external audiences,
  • Knowledge and hands on experience of sector policy/regulatory environment, regional initiatives in the sector, regional development programs and relevant protocols,
  • Knowledge management and oversight of advocacy programs,
  • Designing and implementing programs of advice and capacity building,
  • Knowledge of the region and water sector environment,
  • Knowledge of principles of good governance as pertaining to natural resources policy,
  • Project Management skills
  • Private sector experience is an added advantage
  • Innovation & Creativity
  • Communication,
  • Strategic planning,
  • Client orientation,
  • Team work and relations
  • Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
  • Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint)
  • Experience in the use of SAP is advantageous.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Accounts Assistant – Grant Section

Reference: ADB/19/033
Location: Côte d’Ivoire
Position N°: 50000729
Grade: GS8

The Complex

  • The Vice Presidency for Finance oversees the financial management of the Bank Group.
  • This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.

The Hiring Department

  • The Financial Control Department is responsible for accounting for the financial consequences of the Bank Group’s transactions and decisions, and for the preparation, fair presentation and overall integrity of the internal financial reports and published financial statements.
  • The department is also responsible for loan administration and accounting and related fiduciary responsibilities, including disbursement of funds to projects and programs financed by the Bank Group.
  • Lastly, the department provides decision support and expertise in the development and implementation of financial control policies, operational and financial strategies and related information systems.

The Position
The Senior Accounts Assistant – Grant Section is responsible for:

  • Ensuring complete, timely and accurate accounting for and reporting of all transactions of the Trust Funds and special initiatives.
  • Ensuring effective internal control around the accounting activities of the Trust funds and special initiatives, by ensuring that financial transactions reported on the accounts are proper and accurately recorded in the appropriate accounting period.
  • Providing decision useful financial reports to Management, Board of Directors, donors and other stake holders.

Duties and Responsibilities
Under the supervision and guidance of the Division Manager, Senior Accounts Assistant – Grant Section will perform the following:

  • Participate in the overall evaluation of internal control around banking activities as far as they relate to Trust Funds activities.
  • Liaise with internal and external auditors to provide them with all information requested.
  • Prepare and submit a quarterly based financial statements of the Trust Funds and special initiatives.
  • Accounting for Inter-Company transactions and reconciling intercompany receivable accounts between Bank Group and Trust funds
  • Carry out validity checks of receivable balances from one period to another with the view to justifying significant movements
  • Accounting for contributions received from donors and reconciling with TFMS (Trust Funds Management System)
  • Carry out regular reconciliations  to ensure that all reports accurately reflect  the result of the activities of those funds
  • Reconcile the expenses recorded at the general accounting system, cost accounting system (CO) and the TFMS and ensure that the discrepancies, if any, are cleared
  • Liaise with FIRM and other operations departments to ensure the accuracy of:
    • The funds received as contributions
    • Total disbursements
    • Additions to new activities and cancellation of activities
    • Budgets allocated to the activities.
  • Liaise with CHHR.2 (Human Resources Shared Services) and Benefits to ensure that all wages and benefits related to Technical Assistants (TAs) have been posted.
  • Request the Administrative Expenses Division (FIFC.2) about 15 days before the closing of accounts to settle outstanding payments on the accounts “payable” and to clear the “receivable” accounts.
  • Check the suspense accounts and Liaise FIFC.2/CHHR.2/ CHGS(General Services And Procurement) to clear the outstanding balance.
  • Liaise with Accounts Payable and Treasury Department for the provision of financial information to donors
  • Execute any other work assigned by the supervisor or the Division Manager.

Selection Criteria
Including desirable skills, knowledge and experience:

  • Hold at least a  first degree/Bachelor degree in Accounting, Finance, Audit, Business Administration, or Banking.
  • Have a minimum of six (6) years of relevant professional experience
  • Private sector experience is an added advantage.
  • Experience in an accounting firm of international repute.
  • Experience in applying rules and regulations, procedures and practices of international organizations.
  • Demonstrated competencies for accuracy, attention to detail, integrity and update knowledge of International Financial Reporting Standards.
  • Ability to deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues.
  • Ability to drive change.
  • Ability to be flexible, open minded with integrity.
  • Problem-solving.
  • Communication.
  • Client orientation.
  • Team working and relationship Management.
  • Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
  • Competence in the use of standard software (Word, Excel, Access, PowerPoint)
  • Knowledge of SAP Finance

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Principal Treasury Accountant

Reference: ADB/19/031
Location: Côte d’Ivoire
Position N°: 50055300
Grade: PL4

The Complex

  • The Vice Presidency for Finance oversees the financial management of the Bank Group
  • This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.

The Hiring Department

  • The Financial Control Department is responsible for accounting for the financial consequences of the Bank Group’s transactions and decisions, and for the preparation, fair presentation and overall integrity of the internal financial reports and published financial statements
  • The department is also responsible for loan administration and accounting and related fiduciary responsibilities, including disbursement of funds to projects and programs financed by the Bank Group. Lastly, the department provides decision support and expertise in the development and implementation of financial control policies, operational and financial strategies and related information systems.

The Position
The Principal Treasury Accountant is responsible for:

  • Preparing, timely and accurate accounts and reporting of all transactions related to Treasury products of the Bank Group in accordance with International Financial Reporting Standards and rules of the Bank Group
  • Providing accurate financial reports to Management, Boards of Directors, bilateral donors and other stakeholders for useful decision making
  • Maintaining the accounting procedures of the Bank Group and provide accounting and reporting guidance on various Bank Group initiatives

Duties and Responsibilities

  • Under the supervision and guidance of the Division Manager, the main responsibility of Principal Treasury Accountant will be to propose the accounting treatment for all Treasury products including capital market activities, investments, borrowings and derivatives.

Other activities include:

  • Participate in the formulation and review of accounting policies and practices with respect to Treasury Products
  • Provide ongoing technical accounting guidance, including proactively participating in significant complex financial transactions and communicating financial statements implications to Management
  • Verifies all journal vouchers and accounting entries relating to Treasury products
  • Participate in the preparation and technical review of periodic financial statements and reports produced in the Division
  • Support the efficient implementation of new IFRS that relate to Treasury products of the Bank Group and participates in the implementation of new accounting standards.
  • Participate in the review of investment guidelines and other treasury operations’ related guidelines and policies.
  • Represent the Division in the Interest Rate working Group and other relevant ALCO working groups during the discussions for the introduction of any new treasury products.
  • Work closely liaises with Internal and External Auditors and responds to their queries on the audit of the Financial Statements.
  • Execute any other work assigned by the Division Manager.

Selection Criteria
Including desirable skills, knowledge and experience

  • Hold at least a Master’s Degree or its equivalent in Accounting, Finance, Business Administration or Applied Economics.
  • Have a minimum of six (06) years of practical experience related to Treasury accounting: hedge accounting, financial reporting of Treasury activities, accounting procedures, IFRS, etc…
  • Membership with a professional Accounting board.
  • Private sector experience is an added advantage
  • Solid demonstrable ability in accounting of Treasury products and applying IFRS standards
  • Ability to effectively Apply new and revised IFRS standards to ensure compliance
  • Effective consulting and advisory skills that enable clients and help them build their confidence and skills to deal with HR issues
  • Ability to technically and effectively handle accounting for treasury products
  • Ability to deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues
  • Ability to work independently with minimum supervision as well as part of a multicultural team
  • Ability to drive change
  • Ability to be flexible, open minded with integrity
  • Problem Solving
  • Communication
  • Client Orientation
  • Team Working & Relationship Management
  • Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
  • Competence in the use of standard software (Word, Excel, Access, PowerPoint)
  • Knowledge of SAP Finance

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Program Coordinator, Affirmative Finance Action for Women in Africa

Reference: ADB/19/038
Location: Côte d’Ivoire
Position N°: 50093686
Grade: PL2

The Complex

  • The Vice Presidency for ‘Agriculture, Human, and Social Development’ is a Sector Complex focusing on two of the Bank’s Ten Year Strategy High 5s priority of “Feed Africa” and “Improve Quality of Life for the People of Africa”.
  • The complex objectives are (i) to develop, policy and strategy; (ii) provide deep sector expertise to the Regions by gathering pools of experienced individuals who can be consulted to provide sector expertise on complex transactions; (iii) develop new financing instruments; (iv) the Vice President will act as the spokesperson to represent the Bank with external stakeholders on aspects of “Feed Africa” and Improve Quality of Life for the People of Africa”.

The Hiring Department/Division

  • The role of the Gender, Women and Civil Society Department is under the Agriculture, Human and Social Development Complex focusing on the Bank’s TYS High 5s priority of “Feed Africa” and “Improve Quality of Life for the People of Africa”. Furthermore, “Improve Quality of Life for the People of Africa” will be operationalized with focus on Gender, Women and Civil Society.
  • The Affirmative Finance Action for Women in Africa (AFAWA) Program is a flagship program of the Bank that aims to bridge the gender gap in access to finance and unleash women’s entrepreneurial capacity across the continent. AFAWA’s holistic approach focuses on 3 pillars: (a) access to finance, leveraging AfDB’s various instruments such as lines of credit, equity investments and risk sharing mechanisms, (b) technical assistance, to financial institutions as well as women entrepreneurs, and (c) policy dialogue to reform the legal and regulatory frameworks affecting women businesses.

The Position

  • The Affirmative Finance Action for Women in Africa (AFAWA) Program Coordinator reports to the Director Gender, Women and Civil Society Department.
  • The AFAWA Program Coordinator will be responsible to provide overall strategic direction for AFAWA and ensure that AFAWA’s development goals are met in delivering transformative financing for women owned enterprises with a special focus on small and medium scale enterprises.
  • He/She will also coordinate the work of other members of the AFAWA Team (including decentralized staff), and work closely with other relevant Departments and Sectors to ensure effective implementation of AFAWA across all the Bank’s operations.

Duties and Responsibilities
Under the oversight of the Director Gender, Women And Civil Society Department, The AFAWA Coordinator will be responsible for the day-to-day management of the AFAWA Program, which includes:

  • Support the delivery of AFAWA’s vision and objectives, including under each of the High 5 Agenda.
  • Engage with internal and external partners and integrate the AFAWA key performance drivers across Bank operations.
  • Coordinate all Bank-wide activities related to AFAWA i.e. financing mechanisms; technical assistance, policy dialogue and knowledge management.
  • Work closely with the Gender, Women and Civil Society Department, at all levels, to harmonize the integration of the Gender Agenda and women’s financial inclusion in particular, in Bank’s operations and policy dialogue.
  • Develop Monitoring & Evaluation methodologies and produce regular reports for dissemination to Committees, Board, cross-departments and external stakeholders.
  • Coordinate co-financing and resource mobilization activities in close collaboration with the Bank’s Resource Mobilization and Partnerships Department.
  • Prepare and manage the AFAWA Team’s annual work plan and budget, in line with AFAWA business plan and strategy, as agreed by Senior Management.
  • Supervise and mentor the AFAWA Team, including staff, consultants and technical assistants.
  • Serve as AFAWA’s principle spokesperson by clearly articulating its broad goals and objectives and being a voice on key issues related to women’s business enterprises in Africa.
  • Perform other duties as assigned by supervisor.

Selection Criteria
Including desirable skills, knowledge and experience:

  • Hold at least a Master’s degree in one or more of the following areas: Gender, Economics, Finance, International Relations, Development Studies, Public Policy, Business Administration; Relevant qualification in development project management and project finance, in Small & Medium Enterprise-size finance, gender financing and financial inclusion is a plus.
  • Have a minimum of eight (8) years of relevant experience and expertise in (i) producing financial and non-financial/advisory services strategies and operations in Africa, particularly in business banking, Small & Medium-size Enterprise sector finance and financial inclusion and/or (ii) producing gender-sensitive financial inclusion strategies and programs, specifically working on issues around women in rural areas and women in business; (iii) mobilizing resources and engaging with the donor community; of which three (3) years in a management position.
  • Experience working with African financial and private sector stakeholders (policy makers, regulators, financial institutions, multinationals, Small & Medium-size Enterprise sectors).
  • Experience in resource mobilization and public-private partnership development
  • Track record of engaging at the highest level with African governments, companies, civil society and development institutions.
  • Proven ability to manage high performing teams to achieve visionary and challenging goals and ability to work in a multicultural environment.
  • Proven inter personal skills and ability to mobilize diverse and multicultural teams & partners for delivery.
  • Ability to communicate effectively (written and oral) in English and/or French, with a strong working knowledge of the other, ability to manage a bilingual team.
  • Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint); knowledge of SAP is desirable.


How to Apply

Interested and qualified candidates should:
Click here to apply online

Job Title: Manager, Business Development Budget & Results

Reference: ADB/19/032
Location: Côte d’Ivoire
Position N°: 50093572
Grade: PL2

The Complex

  • The Bank has reorganized and is developing the Regional Development, Integration and Business Delivery Complex whose major objective is to build regional capabilities and bring responsibility for client activities closer to the regions
  • Five Regional Development, Integration and Business Delivery Hubs have been created, each run by a Director General: Southern Africa, North Africa, West Africa; East Africa, and Central Africa.

The Hiring Department/Division

  • The Division is responsible for the budget performance monitoring framework and preparation of the statutory budget and work programme performance reports to the Boards.
  • The Manager Business Development Budget & Results is responsible for the overall coordination of the work programme planning, budget & resource management, including performance monitoring and contributes to building capacities on budget management to ensure compliance with the budget management policies and guidelines.

The Position

  • The key objectives of the Manager Business Development Budget & Results are as follows: Coordinate the process and systems for developing Budgets to support Business Development and to monitor performance thereafter in meeting the objectives of the High 5s.
  • The Manager ensures data quality management for reporting purposes and provide quantitative and qualitative analyses on Performance for decision making.

Duties and Responsibilities
The Manager will coordinate the implementation of the budget development and performance monitoring and reporting activities. Main duties include the following:

  • Coordinate the preparation of the Periodic Budgets and Work Programme Performance Reports of the Bank’s Development Projects; Prepare institutional performance reports and propose corrective measures for variances and discrepancies;
  • Coordinate periodic reports to Management on Bank performance comprising of:
    • Quarterly Budget and Work Performance Report;
    • Retrospective Review of the Administrative and Capital Expenditure Budgets and Performance Report and;
    • Other Ad hoc Reports requested by Management or by the Board;
  • Lead the analysis on Performance Monitoring Data for periodic assessment of resource utilization status and propose corrective measures for variances and discrepancies to ensure that resources are properly assigned based on Performance guidelines;
  • Lead the development/revision of the KPIs in order to rationalize for more value adding and effective monitoring and reporting system; Monitor Institutional and Complex KPIs against targets set by the Bank;
  • Conduct independent research and analyses on Performance and budget issues, identify problems, propose solutions and make recommendations to Management;
  • Ensure the enhancement of the Business Intelligence tool (KPI Dashboard) and the fine-tuning and improvement of simplified Performance Monitoring tools;
  • Elaborate and coordinate responses to queries from Board Members with respect to the statutory Budgets and Work Programme Performance reports and contribute to the elaboration of PBD and other Ad-hoc reports;
  • Ensure timely and accurate reporting of the performance of organizational units on budget and related work programs;
  • Organize and conduct training including production of training material on Performance Monitoring and reporting.

Selection Criteria
Including desirable skills, knowledge and experience:

  • Hold at least a Master’s Degree or its equivalent in Business Management, Finance, Accounting, Economics or related fields.

Experience:

  • Have a minimum of eight (8) years of relevant experience with three (3) of them at a senior level and exposure to international, multicultural contexts.
  • Experience in budgeting and reporting with good knowledge of Bank’s financial and operational strategies.
  • Knowledge of operational strategies, policies, rules, procedures and practices of the Bank or similar Institutions.
  • Capacity to diagnose and resolve multiple, concurrent problems; a conceptual and strategic analytical capacity to understand the competing requirements of resources allocation and budgeting activities.
  • Experience in budget administration, managing objectives and work programs.
  • Having private sector experience will be an added advantage.
  • High-level skills in communication as well as ability to build partnerships with a broad range of clients and deliver results.

Behavioral Competencies (tick the behavioral competencies applicable to the role):

  • Ensure that full use is made of the systems, procedures and culture within the organization in order to deliver the required results.
  • Applies business knowledge to the resolution of problems and identifies solutions and manage multiple competing priorities to the benefit of the client (internal and external) and the organization.

Client Orientation:

  • Ensures that the client (internal or external) is considered to be of primary importance in all transactions and interactions.  Strives to understand, and when appropriate, anticipate client needs, and ensures that the client receives the best possible service from the Bank.

Technical Competencies
Business Acumen:

  • Comprehensively understands projects structures, including project planning, risk management strategy, issue management strategy, communication management strategy, lessons learned and handover, and other critical success factors, strategies, policies, procedures and practices of other similar institutions.
  • Has an acute knowledge and understanding of the elements essential for the effective delivery and measurement of development impacts through projects and programs in Africa.

Implementing Strategy:

  • Ability to innovate, influence, and implement new country and regional integration strategy approaches essential to the operational effectiveness of the assigned Division and achievement of the clients’ development aspirations.
  • Highly developed strategic thinking skills allied to an ability to translate strategic concepts and direction into the implementation of workable and sustainable projects and programs.
  • Ability to define and effectively drive the Division’s activities under uncertain and challenging circumstances.

Executing for Results:

  • Ability to pull together all aspects of project origination and drive the process in order to deliver the lending program.
  • Ability to take prudent business risks and make effective, timely and well-determined decisions.
  • Ability to work under pressure in a multicultural organization.
  • Strong analytical and communication skills, both verbally and in writing, with a sense of accuracy and attention to detail.
  • Managerial/Leadership competencies: (for holders with team management/supervisory roles)

Professional Expertise:

  • Continuously expands understanding of relevant business products, practices and systems/technology.  Shares knowledge and expertise with others.
  • Team Building & Relationship Management: Leads effectively to maximize the effectiveness of the team as a whole, sharing the knowledge and the workload.
  • Develops strong working relationships with colleagues and contributes to creation of a positive working and team environment in his/her areas of responsibility.
  • Influential: Can build a vision of how the division should be in terms of corporate culture/climate, broad objectives/goals/targets, then motivate and inspire staff to move forward as individuals, as a unit, and as upstanding Bank representatives. Also applies the same competency when engaging with external stakeholders, understanding what motivates them and when beneficial and practical, how to navigate through resistance.
  • Decisive: Good judgement about when to make decisions, knowing when to get counsel from whom and how to apply it, and being clear about what needs to happen, how, when and by whom, and monitoring/delegating as needed.

Language Proficiency:

  • Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other.

Computers Proficiency:

  • Competence in the use of standard MS office applications (Word, Excel, Access, and PowerPoint).

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Syndication Officer

Reference: ADB/19/025
Location: Côte d’Ivoire
Position N°: 50093639
Grade: PL5

The Complex

  • The Vice Presidency for Finance oversees the financial management of the Bank Group
  • This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.

The Hiring Department

  • The role of the Syndication, Cofinancing & Client Services Department (FIST) is to mobilize and increase in Africa and outside Africa resources for the financing of investment projects and programmes; and promote investment in Africa of public and private capital in projects or programmes designed to contribute to the economic development or social progress of regional member countries.

The Position

  • Reporting to the Division Manager – Syndications and Co-financing, the Senior Syndication Officer has the responsibility to develop and maintain close relationships with the broader lending community with a view to facilitating the co-financing of sovereign (public sector) and non-sovereign (private sector) projects and originate (in consultation with the sector teams) and execute syndication and cofinancing transactions across Africa.
  • Business area responsibility: origination, loan financial analysis and review
  • Specific transaction responsibility: part of an execution team and ability to interact credibly with members of other departments
  • Management of the syndication and cofinancing administrative tasks

Duties and Responsibilities
Under the overall supervision of the Division Manager – Syndications and Co-Financing, the senior Syndication and Cofinancing Officer will perform the following:

  • Origination responsibility; in consultation with the sector teams, identify potential targets for syndication and confinancing and discuss with the sector teams on pitching; origination includes providing structuring guidance to investment officers and task managers and actively participate in presenting proposals and mandate letters to clients
  • Formation of close working relationships with other teams within and outside the Bank; being a good syndication and cofinancing transactor also means excellent relationships with all of the African market. Strong external networks are critical.
  • Manage and update the pipeline report on a weekly basis
  • Design, maintain and update all presentations, pitch books, communication and marketing material to internal or external parties
  • Manage and update various documents relating to each transaction such as the working party list, roles and responsibilities of each party, and work plan/timetable
  • Maintain and be accountable for all documentation requirements and record keeping on a country by country basis
  • Maintain and be accountable for the availability of all team files on the shared information drive
  • Execute syndicated loan transactions, sharing responsibilities where appropriate with co-arrangers including, perform market soundings and provide risk appetite feedback to senior management for their consideration, assist with various aspects of organising roadshow presentation on a deal by deal basis with local staff on the ground
  • Actively participate in the balance sheet optimization transactions including identifying existing assets for potential secondary sale, obtain market feedback on likely cost of sale and, where applicable, seek all necessary approvals
  • Assist the team with any other ad hoc administrative issues which need to be dealt with, such as periodically updating the client and investor database
  • Obtain periodic updates on economic indicators from in country colleagues in relation to yield curve and exchange rate movements as well as using information platforms such as Bloomberg, Loanradar
  • Assist in progressing the understanding of syndication and cofinancing internally and externally
  • Prepare financial analysis, models, valuations relating to clients
  • In consultation with the sector teams, conduct due diligence investigations of clients
  • Support and where possible, undertake the preparation of detailed memoranda and presentations describing the key attributes of client companies
  • When necessary, participate in various marketing and recruiting activities of the firm
  • Incorporate and utilize internal cofinancing facilities as part of the financing package to clients

Selection Criteria
Including desirable skills, knowledge and experience

  • A Master’s Degree (or its equivalent) in a Finance related field
  • At least five (5) years’ experience in another syndication, corporate banking, distribution team
  • Experience in reviewing of financial statements
  • Experience in sales and distribution of debt securities and knowledge of capital markets in Africa
  • Communication and Relationship Facilitation:
    • Clear verbal and writing ability is required for explaining and interpreting data and business information. Ability to motivate plans and tactics, business cases, options, benefits and systems/ operational issues at executive level.
    • Very quick learner and ability to multi-task under great time pressure and for long hours.
    • Is comfortable with conducting presentations/ arguing/ negotiating business cases in group forums.
  • Knowledge:
    • Lenders, institutional investors
    • Fixed income/credit background
  • Personal Competencies:
    • Team player, but at the same time must be self-motivated and must be able to work with little supervision
    • Must be detail-oriented
    • Strong data management and research skills
    • Good multi-tasking skills, with an ability to perform well under deadline pressure
    • Good  listening and communication skills and a high energy level
    • Encourages and seeks to understand other viewpoints and perspectives.
    • Is receptive to constructive critique, feedback and ideas from customers, colleagues, subordinates and superiors.
    • Is attuned to all possible sources of useful information.
  • Personality:
    • Collaborative – shares with and consults others, enjoys working in a collaborative context.
    • Observant – is in touch with change in the local environment, quick to identify potential opportunities.
    • Forward planning – prepares well in advance, enjoys target setting, forecasts trends, plans projects.
    • Critical – is good at probing the facts, identifies disadvantages and challenges assumptions.
    • Innovative – generates ideas, shows ingenuity, thinks up solutions.
    • Resourceful, finding practical ways to solve issues.
    • Assertive – will put forward an idea or view despite opposition.
    • Persuasive – convincing with arguments, negotiates, changes the opinions of others.
    • Flexible – Is open to and is able to cope with change, is able to deal with ambiguity as a result of change
    • Decisive – weighs things up quickly, is prepared to take risks
    • Socially confident – at ease with meeting people, knows what to say and is quick to establish rapport.
    • Resilient – emotionally restrained, rarely upset by criticism.
    • Takes the initiative within the freedom to act.
    • Optimistic – able to keep spirits up despite setbacks.
    • Good sense of humor.
  • Drive:
    • Achievement/ results orientated – needs to do well, enjoys challenges and seeks new opportunities and is strongly motivated to achieve impressive results.
    • Behaviourally orientated – psychologically minded, likes to understand what drives and motivates people.
    • Change orientated – enjoys doing new things, seeks variety and novelty, accepts change.
    • Enjoys the complex and abstract.
    • High energy level
  • Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
  • Demonstrated competence in the use of standard software (Word, Excel, Access, PowerPoint, SharePoint) and SAP work environment.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Deadline: 27th April, 2019.
Note: This position is classified international status and attracts international terms and conditions of employment

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