Jobs

New Job Openings at the African Development Bank Group, 6th November, 2018


African Development Bank Group (AfDB) - Established in 1964, the African Development Bank (AfDB) is the premier pan-African development institution. Its mission is to promote economic growth and social progress across the continent. The Bank has 80 member countries, including 54 African countries (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 5s), 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. We are recruiting to fill the position below:     Job Title: Principal Financial Risk Officer - FIFM1 Reference: ADB/18/218 Location: Côte d’Ivoire Grade: PL4 Position N°: 50058425 Publication date: 05/11/2018 Closing date: 04/12/2018 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/Division
  • The role of the Financial Management Department (FIFM) is to develop and promulgate policies and guidelines relating to the financial management for the Bank Group. It also ensures internal consistency of all financial policies and guidelines, including those initiated and developed by the other departments in the Bank, as well as monitors and reports on compliance.
  • The Asset and Liability Management Division is responsible for developing and directing the Asset and Liability Management functions of the Bank Group entities, including financial policies, financial modelling and projections and balance sheet management activities involving risks related to changes in interest rates, exchange rates and the liquidity position
The Position The  responsibilities of the Principal Financial Risk Officer are to:
  • Formulate and periodically review ALM policies and guidelines.
  • Prepare and periodically update financial projections for the ADB, ADF and NTF.
  • Ensure that Financial Risk Management limits are maintained within Board approved limits and the Asset and Liability Management Committee (ALCo) operating guidelines;
  • Support the Bank Group’s resources mobilization efforts through the production of relevant data, projections, financial analyses and reports.
  • Design, upgrade, implement and maintain the ALM Analytics System/Processes and financial models used by the Division to maintain an adequate risk management infrastructure
Duties and Responsibilities Under the supervision of  the Division Manager - FIFM1 the Principal Financial Risk Officer will perform the following:
  • Formulate and periodically review the asset liability management policies and guidelines for the ADB, ADF and NTF.
  • Develop, implement back-tests and monitor key financial models that drive the risk profile of the Bank Group’s balance sheet and income margin.
  • Contribute to the elaboration of the Bank’s annual medium-term financial performance outlook (MTFO) paper and the Programme and Budget Document (PBD).
  • Conduct pricing, valuation, and behavioral analysis of Balance Sheet products in order to ensure a fully integrated risk analysis.
  • Lead the study of specific products and how their structure should be modeled in order to reflect how their profiles impact the Bank Group risk profile.
  • Prepare background working papers on the Bank’s and Fund's resource mobilization initiatives such as general capital increases and ADF replenishments.
  • Keep abreast of all ALM risks -related regulatory developments and industry best practice – particularly through the development of a strong network with peers at other major MDBs and active participation to international forums on ALM and financial management topics.
  • Lead the secretariat to the Asset and Liability Management Committee and the relationships with ALCo working groups.
  • Maintain of the integrity of Risk management Analytics System/Processes with consideration for data, assumptions, processes and reporting through automation, reconciliation, and documentation.
Selection Criteria Including desirable skills, knowledge and experience:
  • Hold at least a Master's Degree in Finance, Banking, Business Administration, Management Information Systems or in similar quantitative disciplines.
  • Have a minimum of Six (06) years of relevant experience in a bank or a similar financial institution or a related consulting role, with at least 3 years in an ALM role or a related role in financial risk management.
  • Experience in the preparation of Asset/Liability management policy documents, Capital Adequacy policy documents and guidelines for a MDB or a commercial Bank.
  • Experience with an MDB or in the financial services industry with emphasis on quantitative risk, highly valuable.
  • Expert knowledge of balance sheet management and complex financial instruments;
  • Excellent analytical and problem solving skills
  • Experience of forecasting P&L and balance sheet of a financial services / banking entity.
  • Good project management skills
  • Knowledge of SAP and SUMMIT is advantageous
  • 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 MS office applications (Word, Excel, Access, and PowerPoint) and SAP.
    Job Title: Chief Financial Risk Officer - FIFM1 Reference: ADB/17/321/3 Location: Côte d’Ivoire Grade: PL3 Position N°: 50093769 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/Division
  • The role of the Financial Management Department is to develop and promulgate policies and guidelines relating to the financial management for the Bank Group.
  • It also ensures internal consistency of all financial policies and guidelines, including those initiated and developed by the other departments in the Bank, as well as monitors and reports on compliance.
  • The Asset and Liability Management Division is responsible for developing and directing the Asset and Liability Management functions of the Bank Group entities, including financial policies, financial modelling and projections and balance sheet management activities involving risks related to changes in interest rates, exchange rates and the liquidity position
The Position
  • The Chief Financial Risk Officer ensures that Asset and Liability Management exposures are identified, measured and reported and, where necessary, mitigated.
  • He/she provides analytical expertise for assessing the financial impact of strategies, initiatives, products, etc. on Bank Group entities and ensures that financial risks are maintained within Board approved limits and the Asset and Liability Management Committee guidelines.
Duties and Responsibilities
  • Under the supervision and guidance of the Division Manager, Asset and Liability Management, the Chief Financial risk Officer will perform the following:
  • Lead the formulation and periodic review of asset liability management policies and guidelines for the African Development Bank, the African Development Fund and the Nigeria Trust Fund.
  • Co-ordinate the upgrade and update the Bank Group’s medium and long-term financial projections models for the African Development Bank, African Development Fund and Nigeria Trust Fund.
  • Lead the preparation of the Bank’s annual medium-term financial performance outlook paper, accompanying Board seminar and the Programme and Budget exercise
  • Lead the study of specific products and how their structure should be modeled in order to reflect how their profiles impact the Bank Group risk profile.
  • Lead the preparation of background working papers on the Bank’s and Fund's resource mobilization initiatives such as general capital increases and African Development Fund replenishments.
  • Co-ordinate the preparation of quarterly reports on currency, interest rate and liquidity risk and on financial projections.
  • Provides advisory support on all issues relating to asset/liability management and participate in appropriate working groups of the asset and liability management committee.
  • Contribute to the preparation of the Bank Group’s annual market risk review.
  • Ensure the appropriateness of the Asset and Liability Management IT infrastructure and the integrity of Risk management Analytics System/Processes with consideration for data, assumptions, processes and reporting through automation, reconciliation, and documentation.
  • Keep abreast of all Asset and Liability Management risks - related regulatory developments and industry best practice - particularly through the development of a strong network with peers at other major MDBs and active participation to international forums on Asset and Liability Management and financial management topics.
Selection Criteria Including desirable skills, knowledge and experience:
  • Hold at least a Master's degree or its equivalent in a quantitative field (Finance, Statistics, Mathematics, Economics and/or other relevant fields). CFA or FRM/PRM professional qualification is advantageous.
  • Have a minimum of seven (7) years of relevant professional experience in a bank, similar financial institution or related consulting role, with at least five (05) years in an Asset and Liability Management or related role in financial risk management.
  • Having private sector experience will be an added advantage.
  • Experience with a Multilateral Development Bank is highly desirable.
  • Strong ability to guide and supervise a small team.
  • Expert knowledge of balance sheet management and complex financial instruments, with proven experience in the implementation of Asset and Liability Management frameworks and financial modelling, forecasting P&L and balance sheet of financial services/banking entity.
  • Strong analytical, pproblem solving and project management skills.
  • Good understanding of relational databases and development languages (e.g. SQL, VBA).
  • 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).
    Job Title: Secretary/Receptionist - RDGC.0 Reference: ADB/18/216 Location: Africa Grade: GS5 Position N°: 50065202 The Complex
  • The Vice Presidency in charge of Regional Development, Integration and Business Delivery is responsible for ensuring the operational relevance, efficiency and effectiveness of the Bank Group's operational activities and programmes.
  • The Vice Presidency in charge of Regional Development will ensure that the Bank conducts its activities effectively in all its Regional Member Countries (RMCs) and will oversee the full implementation of all aspects of the Bank's Regional Directorates.
The Hiring Department/Division
  • Within the Regional Development, Integration and Business Delivery Complex (RDVP), the Bank has five (5) Regional Development, Integration and Business Delivery (RDIBD) Directorates, one in each region of Africa: North, South, East, West, and Central. Each Regional Directorate is headed by a Director General (DG) and is staffed with the relevant sectoral functions and administrative capabilities for rapid delivery of services to client countries.
  • The Regional Directorates provide overall strategic direction to country offices within the regions and are responsible for the Bank’s operations, business development, project management and overall effective delivery of the Bank’s High 5s: ‘Light up and Power Africa,’ ‘Feed Africa,’ ‘Industrialize Africa,’ ‘Integrate Africa,’ ‘Improve the Quality of Life for the People of Africa.’
The Position
  • Under the general supervision of the Director General, The Secretary/Receptionist will provide administrative support.
  • The incumbent will help the Director General and the team to make the best use of his time by dealing with secretarial and administrative tasks.
Duties and Responsibilities The Secretary/Receptionist is responsible for the following activities and related services:
  • Make appointments for experts and other staff and keep their schedules up to date;
  • Receive visitors and attend to them with tact and discretion;
  • Prepare briefing material used by experts for official missions and special meetings;
  • Handle protocol-related issues concerning; reception of the visitors of experts and of the Office;
  • Organize experts’ meetings; assist the Director General‘s team assistant in coordinating official receptions;
  • Participate in staff meetings, take notes and produce reports in the absence of the Director General’s team assistant;
  • Draft correspondence on non-substantive issues and ensure its follow-up;
  • Manage the experts’ incoming and outgoing mail and the office’s telephone communication;
  • Maintain an appropriate filing system; process experts’ back-to-office reports, ascertain the quality of documents requiring the approval and / or signature of experts and other staff members;
  • Prepare and finalize draft correspondence (letters, faxes, etc.) concerning various aspects, on behalf of experts, prepare minutes of experts ‘meetings;
Selection Criteria Including desirable skills, knowledge and experience:
  • Hold a minimum of a Bachelor's degree or its equivalent in Business Administration, Commerce, Administration or a related field, supplemented by training in secretarial functions/administration/office management
  • Have a minimum of four (4) years of relevant experience in progressive positions, attached to an executive’s office, preferably in an international organization;
  • Be able to work under pressure and to prioritize in the dynamic setting of an international and multicultural setting. Ability to work and cooperate with others from diverse background;
  • Handling speedily and efficiently internal and external requests;
  • Ability to manage simultaneous and shifting demands, priorities and tight deadlines;
  • Proficiency in the use of standard equipment (computer, fax, scanner, photocopies etc.);
  • Demonstrable commitment to delivering excellent customer service focused reception and administration services;
  • Be able to multi task, excellent problem solving skills and attention to detail;
  • Effective communication; highly client oriented, good team working and relations;
  • Ability to operate effectively in a multicultural organization;
  • Good innovative and creative approaches to activities in order to enhance performance and create added benefits for the clients and the organization;
  • Integrity and confidentiality;
  • Proficiency in written and verbal communication in English or French, with a working knowledge of the other;
  • Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint). Knowledge of SAP or other ERP systems would be an asset.
  Application Deadline 4th December, 2018.     Job Title: Principal Fishery Officer - ECNR Reference: ADB/18/217 Location: Côte d’Ivoire Position N°: 50000969 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’s (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 As part of the ANRC, Principal Fishery Officer will:
  • Provide strategic advice to the director and operational leadership to fishery 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.
  • Balance of public and private sector knowledge in the relevant areas of the Center’s work and coordinate programs of advice to RMCs on policy, legal and institutional reforms as relates to policy analysis, design and implementation.
  • 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 Division Manager and working in collaboration with other colleagues, the Principal Fishery Officer will provide support to AfDB’s fisheries resources development and management activities. In particular, s/he will:
  • Act as an authority in the Bank in the area of fisheries resources management; by providing strategic guidance to the operations and ensuring that user departments have access to appropriate expert advice on fishery,
  • Assist RMCs in the formulation and implementation of strategic initiatives for fisheries resources management; including the recognition of the role of fishery in arid areas with due consideration of the different ecological, social and economic factors,
  • Assist RMCs in improving transparency and accountability in the management of their fisheries resources, and in identifying the assistance to be provided by the ANRC in these areas; by promoting measures aimed at strengthening fisheries institutions and governance, clarifying rights and access for fisheries communities,
  • Play a key role in identifying, leading initiatives and screening new business opportunities (lending and knowledge) in fishery, ensuring that they are consistent with Bank’s strategies,
  • Collaborate with Country departments to elaborate Bank’s fisheries resources management related policy and programs, and when necessary participate in related policy dialogue with RMC’s governments; including the promotion of sustainable fisheries management and reinforcing the importance of fisheriess as a productive sector that can reduce poverty and create jobs,
  • Identify major opportunities for strategic collaboration with multilateral and bilateral donors to improve the governance of fisheries resources in Africa; by engaging with them on policy advice and on how to achieve the industrialization of the sector,
  • Contribute technical inputs to the preparation of country strategy papers and portfolio reviews, with particular reference to the governance of fisheries resources and value addition to fisheries products,
  • Lead and participate in the production of key policy briefs, position papers and guidelines on fisheries; by liaising with government, academia/research institutions, private agencies and NGOs on fisheries issues, and help the Center develop appropriate responses. This will include responding to enquiries from the media and public,
  • 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,
  • Organize, originate and/or participate in the production of knowledge management and dissemination of information related to fisheries resources management, including the drafting of Terms of Reference (ToR), the selection of consultants and the supervision of the technical aspects of their work,
  • Act as a focal point for fisheries resources management in the co-ordination with other stakeholders within the Bank along with other donors and development partners; by leading or contributing to the development of new funding proposals to secure and manage adequate budgets in collaboration with other Bank departments - including managing donor relationships and reporting,
  • Represent the Bank at various fisheries resources management seminars and conferences; by organizing, or co- organizing, and participating in seminars and workshops on issues of policy and practice, project development, dissemination of research findings and capacity strengthening,
  • Perform any other duty pertinent to the role and functions of the ANRC assigned by the Director of ANRC and/senior management.
Selection Criteria Including desirable skills, knowledge and experience:
  • Hold at least a Master's Degree in in Fishery, or closely related Natural Resources Management fields of study
  • Have a minimum of  (6)  six years relevant professional experience in Natural Resources Management related fields including policy development, project planning, implementation, monitoring and evaluation; experience in MDBs and with donor agencies is a plus;
  • Have a minimum of  six (6) years work experience in the sector, international organizations, regulatory environment or a think-tank with a focus in the relevant sector and/or function.
  • A change agent and an experienced professional with a 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,
  • Experience in knowledge management and oversight of advocacy programs,
  • Experience designing and implementing programs of advice and capacity building,
  • Knowledge of the region and DFI environment,
  • Knowledge of principles of good governance as pertaining to natural resources policy,
  • Extensive report writing and editorial skills,
  • Knowledge of influencers of public policy,
  • Demonstrated vision and professional competence of subjects dealt with by the Bank. Experience in policy advice in NRM matters
  • Networking; facilitation skills; ability to work in teams; good interpersonal, communication and project management skills; resourcefulness, attention to details and client orientation;
  • 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.
Application Deadline 12th December, 2018.     How to Apply Interested and qualified candidates should: Click here to apply   Note: This position does not attract international terms and conditions. The post holder will be considered as a local staff and will therefore not have international terms and conditions of employment.