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Job Positions at African Development Bank (AfDB) (UPDATED)


African Development Bank (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. We are recruiting to fill the position below: Job Title: Senior Commercial Credit Officer (Portfolio Management & Credit Risk Commitee) Reference: ADB/17/376

Location: Nigeria
Grade: PL5 Position N°: 50068823 The Complex
  • The President, plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the ADB and the ADF.
  • The President supervises several Departments and Units including Office of the President (PRST0); Independent Development Evaluation Department (BDEV); Integrity and Anti-Corruption Department (PIAC); Compliance Review and Mediation Unit (BCRM); Secretariat to the Sanctions Appeals Board (BSAB); Administrative Tribunal (BATR); Office of the Auditor General (PAGL); Group Risk Management Directorate (PGRM); General Counsel and Legal Services Department (PGCL); Communication and External Relations Department (PCER); Staff Integrity and Ethics Office (PETH) and Office of the Secretary General & General Secretariat(PSEG).
The Hiring Department
  • The Credit Risk Division is within the broad mandate of the Risk Management Department (PGCR) which assesses Sovereign and Non-Sovereign Credit Risks, measures the impact on the Bank’s risk bearing capacity and proposes risk mitigation techniques.
  • The department develops policies and guidelines, methodologies and systems relating to credit risk assessment and management for the Bank as well as ensures internal consistency of all of the Bank’s credit risk policies and guidelines, including those initiated and developed by other departments.
  • The department also monitors and submits reports on compliance with credit policies.
The Position
  • The overall purpose of this job is to ensure effective functioning of the CRC Secretariat as well as monitor credit risks in the non-sovereign portfolio, analyze the evolution of country risk profiles, sector and obligor concentrations, as well as the adequacy of provisions and risk capital required to support the non-sovereign credit exposure.
  • The role provides forward looking proactive credit risk portfolio analysis including stress testing of limits and ensuring the adequacy of impairment provisions for distressed loans.
Duties and Responsibilities Under the overall supervision of the Division Manager PGCR 2, the Senior Commercial Credit Officer  (Portfolio Management & CRC) has the following responsibilities:
  • Perform duties in relation to the Credit Risk Committee (CRC) Secretariat, which makes recommendations to the Bank’s institutional risk oversight bodies.
  • Facilitate a smooth process flow and effective communication with key stakeholders of the CRC. Be responsible for creating a rolling agenda that facilitates planning.
  • Ensure the quality of submissions to the CRC and monitor compliance with approval conditions.
  • Keep good records of CRC discussions, waivers and approval conditions. Keep track of Matters Arising from previous meetings.
  • Provide reports with data analysis and benchmarking on various topics, including but not limited to the High Risk and Equity Limits as well as provisioning and ratings methodologies, as required by the CRC from time to time.
  • Provide information to Internal and External Auditors and Rating Agencies.
  • Monitor credit risks in the non-sovereign portfolio by analyzing the evolution of the risk profile and by calculating expected losses and establishing the adequacy of provisions and risk capital requirements to support the non-sovereign credit exposure.
  • Monitor compliance with commercial credit risk and exposure management policies and guidelines and advise on the quality of the non-sovereign portfolio.
  • Advise operations departments on the correct structuring of transactions with a view to mitigate risk.
  • Assess specific risks of proposed individual non-sovereign transactions and recommend appropriate credit enhancement or risk mitigation measures.
  • Prepare risk mitigations notes for special transactions and the portfolio, identifying risks of individual non-sovereign transactions and advising on their mitigation.
  • Advise appropriate pricing terms and conditions for non-sovereign transactions in consultation with investment officers.
  • Assist in the development and updating of the Terms of Reference, Guidelines and Rules of Procedure for the CRC. Conceptualize ideas for the delegation of authority within the institutional framework and develop enhanced work flow procedures.
  • Participate in the development and updating of commercial credit risk management policies and guidelines, including procedures and processes for their implementation.
  • Participate in the development and upgrading of commercial credit risk identification and assessment methodologies, including appropriate assessment, monitoring and management tools and systems.
  • Participate in management review committees and Board Committee sessions on non-sovereign transactions.
  • Prepare technical notes and/or papers or conduct studies of interest to the Bank on commercial credit risks and related issues.
  • Propagate commercial credit risk assessment and serve as a focal technical contact point for other staff and outside the Bank.
Selection Criteria Including Desirable Skills, Knowledge and Experience:
  • Hold at least a Master's degree or its equivalent in Risk Management, International Banking or Economics.
  • Have a minimum of five (5) years of relevant experience related to commercial credit risk assessment and portfolio management with familiarity of project finance, corporate lending, lending to financial institutions and private equity funds.
  • Knowledge of capital adequacy standards is required, as well as strong quantitative and analytical skills.
  • Good knowledge of credit risk management techniques and sophisticated risk mitigation products.
  • High level professional knowledge of qualitative and quantitative credit portfolio management techniques and structured credit instruments, risk derivatives and collateral management.
  • Having private sector experience will be an added advantage.
  • Hands-on experience of credit risk assessment, deal negotiation and structuring in emerging and underdeveloped markets.
  • Ability to assess financial statements and complex financial models and evaluate complex financial structures.
  • Quantitative modelling skills to assess the balance sheet impact of transactions.
  • 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 Suite applications; knowledge of SAP is an added advantage.
Job Title: Programme Assistant Reference: ADB/17/381 Location: Côte d’Ivoire Grade: GS7 Position N°: 50001419 The Complex
  • The President plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund.
  • The President supervises several Departments and Divisions including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Department; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Function Directorate; General Counsel and Legal Services Department; Communication and External Relations Department; Ethics Office and Office of the Secretary General & Secretariat General.
The Hiring Department/Division
  • The role of the Banks' Office of the Secretary General and the Secretariat General is to facilitate the delivery of the objectives of the Bank's Ten Year Strategy, High 5s, and Development and Business Delivery Model by enhancing the decision-making process of the governance organs and forging better working relationships with the shareholders and host countries of the Bank.
  • The Secretary General and the Secretariat General comprises:
    • The Office of the Secretary General which has the additional responsibility of managing the Records Management and Archives Section and the Corporate Governance Policy and Shareholder Relations Section;
    • A Board Affairs and Proceedings Division;
    • A Protocol, Privileges and Immunities Division; and (iv) a Conferences and Meetings Division.
  • The main functions of the Board Affairs and Proceedings Division (PSEG.1) are the following:
    • Prepare the work programmes, the agenda and the Board and Committee meeting schedules;
    • Organise the meetings of the Boards and their committees, and provide secretariat services;
    • Provide secretariat services to the Boards of Governors and their subsidiary organs, and manage the relationships between these Boards and senior management;
    • Ensure the monitoring of the implementation of board decisions by the organisational units concerned; and
    • Provide administrative and support services to the members of elected officials, and also as regards recruitment for their offices; and
    • Conserve and safeguard the Bank’s institutional memory.
The Position Within the General Secretariat, the role of the Programme Assistant is to:
  • Assist in implementing the Division’s work programme, including technical support in specific areas, such as assigning codes in the SAP system to loans and grants approved by the Boards of Directors and Senior Management, managing the database for all Board approvals, IT support, editorial contributions, detailed follow-up of all Board approvals.
  • Pool, verify and insert updated information in the Executive Director’s portal (E-Board).
  • Contribute to inputting and finalising the quarterly work programme of the Boards of Directors and preparing indicative statistics on the Boards of Directors’ work volume.
  • In conjunction with the other complexes concerned, monitor compliance with deadlines for distribution of documents to the Boards of Directors.
Duties and Responsibilities Under the supervision of the Chief Programme and Quality Control Coordinator; and the direction of the Division Manager, the Programme Assistant shall perform the following:
  • Create in the SAP system (production) all codes for loans and grants approved by the Bank’s Board of Directors; this will involve direct coordination with all project Task Managers of the various departments concerned;
  • Follow up all pending matters relating to SAP data entry by the different Bank complexes, with a view to alerting the Task Managers concerned by email, with copy to all other interested parties, if data entry is incomplete;
  • Produce, post on the new Board portal (E-Board) and continually update information relating to the Boards’ activities;
  • Prepare a comprehensive list of approvals by the Bank’s Board of Directors;
  • Prepare the department’s PowerPoint presentations for the Board of Directors and the different committees;
  • Monitor document distribution deadlines as prescribed by the Board of Directors, and contribute to updating the Boards of the Directors’ quarterly work programme;
  • Contribute to updating the matrix for follow-up of Board of Directors’ recommendations;
  • As necessary, liaise with CHIS on matters relating to SAP and other information technology aspects, especially for the processing and monitoring of documents issued by Boards of Directors;
  • Carry out any other tasks requested by the Section Head or Division Manager.
Selection Criteria Including Desirable Skills, Knowledge and Experience
  • Hold at least a Bachelor's Degree or equivalent in Management, Development, Communication, IT or any related disciplines.
  • Have a minimum of five (5) years of relevant experience in a major financial institution and/or multilateral development bank or comparable institution.
  • Private-sector experience would be an added advantage.
  • Sound knowledge of the activities of the Boards of Directors and of the functioning of the Secretariat General would be an additional asset.
  • Good writing and strong interpersonal skills would be an advantage.
  • Sound research and analytical skills and the ability to process information rapidly.
  • Confirmed client service skills, good organisational skills, ability to multi-task.
  • Ability to work with attention to detail, effective member of a versatile and multi-cultural work team;
  • Complete knowledge of the programmes, operations, policies and procedure of the Bank would be an additional asset.
  • Ability to communicate effectively in either written and spoken English or French with a good working knowledge of the other language.
  • Proficiency in standard Microsoft software (Word, Excel, Access, Power Point); knowledge of SAP would be a plus.
Job Title: Senior IT Specialist Risk Officer Reference: ADB/17/379
Location: Côte d’Ivoire
Grade: PL5 Position N°: 50076383 The Complex
  • The President, plans, supervises and manages the business of the Bank Group.
  • Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the ADB and the ADF.
  • The President supervises several Departments and Units including Office of the President (PRST0); Independent Development Evaluation Department (BDEV); Integrity and Anti-Corruption Department (PIAC); Compliance Review and Mediation Unit (BCRM); Secretariat to the Sanctions Appeals Board (BSAB); Administrative Tribunal (BATR); Office of the Auditor General (PAGL); Group Risk Management Directorate (PGRM);  General Counsel and Legal Services Department (PGCL); Communication and External Relations Department (PCER); Staff Integrity and Ethics Office (PETH) and Office of the Secretary General & General Secretariat(PSEG).
The Hiring Department/Division
  • The Credit Risk Division is within the broad mandate of Risk Management Department (GCRO) which assesses Sovereign and Non-Sovereign Credit Risks, measure their impact on the Bank’s risk bearing capacity and propose risk mitigation techniques.
  • The department develops policies and guidelines, methodologies and systems relating to credit risk assessment and management for the Bank as well as ensures internal consistency of all Bank’s credit risk policies and guidelines including those initiated and developed by other Departments.
  • The department also monitors and reports on compliance with credit policies.
The Position
  • The main objectives of the Senior IT Specialist Risk Officer is to ensure that the Department has up to date technical tools and maintain the integrated risk platform.
  • The incumbent develops and implements the risk assessment, analysis and rating work flow systems and procedures supported by the relevant guidelines and also assess existing risk management capabilities, investigating and suggesting procurement proposals for the new tools to increase the efficiency of internal processes and models.
Duties and Responsibilities Under the overall supervision of the Chief Risk Infrastructure Officer, the Senior IT Specialist Risk Officer has the following responsibilities:
Maintain the Credit Risk Applications and Support to Users of Credit Risk Systems:
  • Develop ad hoc applications when necessary to comply with new requirement pertaining to Credit Risk Management
  • Supervise the monitoring and day-to-day use of the credit risk platform, the integrity of information data in the systems, and ensure that daily operations procedures are followed;
  • Provide support on key systems used in the Department;
  • Respond to queries and reporting requirements of Credit Risk Officers and;
  • Identify users training requirements and organize training sessions.
Liaise with CHIS and Suppliers of Credit Risk Systems:
  • Liaise with the Corporate Information Management and Methods Department (CHIS) to ensure adequate technical support on Credit Risk  systems for project implementation activities, customization, back-up and batch processing, system security and database maintenance;
  • Interact with CHIS to evaluate hardware and software requirements;
  • Initiate and develop proposals for the acquisition of new information systems and information services for Credit Risk Management activities;
  • Liaise with Credit  systems suppliers and data service providers if necessary to ensure adequate maintenance, technical support and smooth running of their services;
  • Work with technical specialists of software suppliers to resolve complex programming and configurations problems.
Provide Technical support for the implementation of Credit Risk systems:
  • Produce software requirements specifications and prepare design specifications including data structure definition in conformity with CHIS standards;
  • Participate in the implementation of Credit  systems, in collaboration with CHIS in order to improve transactions processing, control framework and the decision-making process;
  • Analyze client server systems, develop feasibility studies, and design application software to support Credit Risk Officers requirements.
  • Make recommendations on Credit Risk activities workflows based on systems functionalities and best market practices.
Other Duties:
  • Define and document security and disaster recovery requirements for Credit  Risk Management activities;
  • Provide budget figures for Credit Risk Infrastructure  information service;
  • Prepare technical and user documentation, information memoranda and project related reports.
  •  Participate in the development of IT platforms for managing credit risk and risk of financial products.
  • Maintain and update technical infrastructure, data bases and process documentation.
Selection Criteria Including Desirable Skills, Knowledge and Experience:
  • Hold at least a Master's Degree or equivalent in Risk Management, International Banking or Economics.
  • Have a minimum of three (3) years of experience are preferred, especially those with experience in risk management and information technology.
  • Relevant practical working experience in Information technology and data analysis.
  • Having private sector experience will be an added advantage.
  • Problem-solving and decision-making skills, with the ability to analyze complex information to identify the key issue/action and drive resolution.
  • Considerable knowledge and experience of best practice risk management.
  • High degree of personal commitment, interpersonal skills with clear strategic vision and proven communication, leadership, management and supervisory skills.
  • Strong process orientation - A strong understanding of processes and core management activities.
  • Hands-on experience of Information Technology and risk assessment.
  • 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 Suite applications; knowledge of SAP is an added advantage.
Job Title: Director, Water Development and Sanitation Department Reference: ADB/17/014/2
Location: Côte d’Ivoire
Grade: EL5 Position N°: 50092408 The Complex
  • The Vice Presidency for Agriculture, Human, and Social Development is a Sector Complex focusing on 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 pool of experienced individuals who can be consulted to provide sector expertise on complex transactions; (iii) develop new financing instruments; (iv) originate, deliver and manage the portfolio of non-sovereign operations; (v) the Vice-President will act as the spoke person 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 Water Development and Sanitation Department is responsible for the coordination of the Bank’s water development and sanitation-related activities to enhance synergies and contribute to achievement of all High 5s (Feed Africa, Industrialize Africa, water-related Power and Light Africa, Integrate Africa, and Improve the Quality of Life).
  • The Department leads the Bank support to Africa’s economic transformation through the identification and promotion of sustainable and integrated solutions across the water value chain and for sanitation.
  • The Department also supports regional hubs in the development and promotion of new knowledge, approaches and tools for green and inclusive water resources development and management, and for improved sanitation. In so doing, the Department leads the scaling-up of the Bank’s contribution to Africa’s efforts to attain water security and sanitation for sustainable socio-economic transformation.
The Position
  • The Director for Water Development and Sanitation Department, reporting to the Vice President for Agriculture, Human, and Social Development, is responsible for providing leadership and supervising the personnel and work programs of two Divisions: (i) Water Coordination and Partnerships ; and Water Security and Sanitation; as well as the African Water Facility.
The main work objectives are to:
  • Lead the development and review of Bank’s policy and strategic work on water development and sanitation to ensure operations which are identified, developed and executed by regional hubs effectively implement the Bank’s relevant sector policies and strategies.
  • Strengthen Africa's scientific research and innovation capacity in the water sector; as well as develop and disseminate knowledge, and provide technical guidance and expertise to various Bank units and complexes.
  • Lead the Department’s contribution to the Bank’s resource mobilization efforts for pertinent sectors and initiatives by fostering strategic partnerships with multilateral and bilateral organizations and regional organizations for leveraging funding and knowledge.
  • Develop and implement innovative financing mechanisms, as well as technical and managerial approaches to promote access to water and sanitation across regional member countries, including through public-private partnerships and improvement of the overall governance of these sectors.
  • Host, coordinate and steer the various water development and sanitation improvement initiatives in the Bank and ensure their effectiveness and efficiency for impact.
Duties and Responsibilities Under the overall supervision of the Vice President for Agriculture, Human, and Social Development, the Director for Water Development and Sanitation Department, manages staff of the Department and plans, organizes, supervises and directs the work to ensure efficient and effective Bank Group assistance. Specifically, the incumbent performs the following: Directing and Supervising the Department:
  • Lead and administers the strategic direction of the two Divisions as well as the initiatives hosted within the Department; evaluates their performance; and promotes and organizes team work among the staff to achieve the objectives of the Department.
  • Determine and manage the human and financial resource requirements of the Department; participate in the selection of staff, allocate and provide management support to the staff and facilitates their full performance in technical work; determine the staff's training and career development needs; approve their annual performance evaluation; and resolve serious staff disputes/complaints.
  • Lead and coordinate the work program of the Department, determining priorities, and allocating resources for the timely delivery of outputs; foster teamwork and communication among staff in the Department and across organizational boundaries; implement the work program of the Department; oversee the management of activities undertaken; and ensure that the key performance indicators set for the department are met.
  • Oversee programmatic and administrative tasks necessary for the functioning of the Department, including preparation of budgets, reporting on the Department’s performance, evaluation of staff performance; recruit staff, taking due account institutional values; and manage, guide, develop and trains staff under his/her supervision.
  • Participate in and/or chairs meetings for the Departmental Management Team, the Water Coordination Committee, Donor and Partner meetings related to the initiatives and trust funds under the Water Development and Sanitation Department and other meetings related to the work of the Department.
  • Foster an environment that stimulates and rewards innovation, creativity and accountability for results, and motivate staff to contribute to delivering significant developmental impacts.
Sector  Policy and Strategy Development and Monitoring:
  • Provide expertise and leadership in the development and review of Bank Group's policies, strategies, rules, regulations, norms and standards especially related to water development and management, sanitation and hygiene in support to the H5s and in response to emerging trends and the needs of the Regional Member Countries.
  • Advise on and promotes the implementation of relevant sector policies and strategies within the Bank.
  • Control the professional quality of reports and documents produced within the Department.
Business Development:
  • Develop, implement and monitor the Water Development and Sanitation Department’s business plans, KPIs, budgets and objectives.
  • Identify opportunities and promote initiatives that enable the Water Development and Sanitation Department to increase its impact or to deliver innovative and differentiated services,
  • Develop work programs in line with the sector strategy and the H5s objectives priorities,
  • Develop a sound pipeline of non-sovereign operations in the sector,
  • Oversee the origination, delivery and management of the portfolio of water supply non-sovereign operations.
Sector Knowledge Development and Uptake, and Networking:
  • Enhances knowledge management and provides technical guidance/advisory services and expertise to regional hubs, and fosters coherence of the Bank’s action in water development and management, and sanitation and hygiene.
  • Supports the development and implementation of innovative financing mechanisms, as well as technical and managerial approaches to promote access to water and sanitation across regional member countries, including through public-private partnerships and improvement of the overall governance of these sectors. The Director will also facilitate the coordination function for water related activities within the Bank.
  • Provides advice to the Vice President and the President of the Bank on water development and sanitation matters and defends before the Board papers originating from the Department.
  • Approves and advises on the establishment and functioning of various communities of practice – the pools of experienced individuals who can be consulted to provide technical guidance/ advisory services and expertise on complex transactions and operations to regional hubs.
  • Promotes and contributes to the strengthening of Africa's scientific research and innovation capacity in the water sector.
  • Develops and maintains cooperation and co-financing relations with other development agencies and organizations; Leads important and sensitive missions to the member countries and partner organizations and agencies; Represents the Bank Group in major international conferences and meetings especially on water development and management, and sanitation and hygiene. .
  • Provides advice and technical expertise to support the Vice President’s role as the Bank’s spokesperson to external audiences.
  • Supports the execution of the Bank's Jobs for Youth in Africa strategy to enhance the contribution of the water sector to job creation for youths across regional member countries.
  • Represents the Bank on Boards, Committees and Panels of key global and regional water development and sanitation sector initiatives such as the World Water Council and the World Water Forum.
  • Serves as Acting Vice President for the Agriculture, Human, and Social Development Complex when required.
  • Performs other duties as assigned by the Vice President.
Selection Criteria Including Desirable Skills, Knowledge and Experience:
  • Hold at least a Master’s degree or its equivalent in Water Resources Engineering, Sanitary Engineering; Economics, Social Sciences, or closely related disciplines.
  • Have a minimum of ten (10) years of extensive and progressive experience in internationally recognized financial or development Institution similar to the Bank; five (5) years of professional experience should be at a managerial level.
  • Experience in water or sanitation sector development and policy support in Africa is a plus.
  • Familiarity with the work of other multilateral and bilateral development finance institutions and the private sector is a plus.
  • Having private sector experience will be an added advantage.
  • Recognized as a thought leader externally for water development and management, and sanitation and hygiene.
  • Knowledge of operational policies, rules, procedures and practices of the Bank or comparable institution.
  • Knowledge of integrated water resources development; research and policy, particularly related to water, inequality, public health, social development or related field.
  • Ability to analyse and evaluate critical matters pertaining to a broad spectrum of socioeconomic issues and provide policy advice.
  • Experience in planning, organizing, directing and coordinating the activities of similar departments and supervising managers and department staff, organising teams, and providing managerial support.
  • Experience in delivering high quality operational products and services (sectoral analyses, research advice, sectoral studies and evaluation) in support of the Bank’s work.
  • Communicate and write effectively in French or English, with a good working knowledge of the other language.
  • Competence in the use of standard Microsoft Office Suite applications.
How to Apply Interested and qualified candidates should: Click here to apply
Application Deadline: 29th August, 2017.