Career Opportunities at The Africa Finance Corporation (AFC), January 2019

Africa Finance Corporation (AFC) - Established in 2007, the Africa Finance Corporation (AFC) is a private sector-led investment bank and development finance institution created to help mobilize and channel required capital towards driving Africa’s economic development. AFC’s mission is to address Africa’s development needs in a profitable way, creating benefits for both investors and societies in the region. We are recruiting to fill the positions below:     Job Title: Investor Relations Associate Location: Nigeria Job Summary & Purpose

• The job holder will be primarily focused on management of all aspects of investor relations, shareholder satisfaction, support, and help forge a new strategic direction to drive AFC’s organizational growth.
• This is a CEO front office role with investor relations responsibilities. The job holder must be highly motivated, and ambitious to meet the annual targets required to support AFC growth aspirations.

• Assists with providing advisory support in managing relationships with shareholders of firms
• Assist with Planning, organizing, and executing programmes to keep stakeholders. (international organizations, the public, specific groups, member & non-member countries etc.) educated on projects and accomplishments of the Organization.
• Assist with preparation of high-quality conference scripts for investor conference calls and roadshows
• Draft agenda and materials for investor conference calls and roadshow
• Work with corporate communications in developing customized communication plan for investors
• Assist with development, review and disclosure of relevant information, documentation, reports and all materials address to current and potential investors
• Work with relevant stakeholders in developing and implementation of new tools and concepts
• Assist with development of investor relations policy, procedure and plans
• Maintain and develop relationships with targeted investors and core audiences
• Work with cross functional teams with the development of annual general reports, investors presentations, statement of disclosure etc.

• Assist with development and update of standard documentation templates such as memo; board reports etc.

• Maintain database on internal & external trends beneficial to the organization
• Present knowledge trends/developments in usable manner for management decision making.

• Relevant advanced degree e.g. Master’s Degree in Business Administration, Finance, Engineering or any related discipline
• 4 to 7 years working experience in an international financial institution or within a multinational business new business development

• Good experience and understanding of infrastructure development issues, infrastructure finance, project development and private equity
• Good working knowledge and understanding of the infrastructure development landscape across the African market
• Good business relationships building skills
• Good understanding of crisis and issues management
• Ability to innovate and think outside the box and social competence
• Ability to multi task, function effectively under pressure and culturally open
• Good team work attitude and influencing ability
• Strong interpersonal, communication and negotiation skills
• Demonstrable commitment to high ethical standards and high level of integrity
• Strong problem solving and analytical skills
• Good project management skills
• Strong knowledge of Accounting/ financial analysis
• Possess good negotiation skills to manage prospective investors
• Ability to work effectively with cross-functional teams
• Good written and verbal communication skills
• Knowledge of cultural and political contexts reflecting AFC’s international presence

• Expected return on investments from high growth new business initiatives
• Number of New projects won and successfully executed
• Devise and ensure the successful implementation of AFC’s new business strategy
• Increase in sell side coverage

• The job holder will be primarily responsible for the professional identification & prioritization of the AFC’s business opportunities, provide support in all aspects of managing new business and helps forge a new strategic direction and drive AFC’s organizational growth.
• This is a CEO front office role with new business-related responsibilities. The job holder must be highly motivated, outgoing and ambitious to meet the annual targets required to support AFC growth aspirations

• Assist in obtaining data on market & industry trends to support development of business insights and evaluation of its impact on the current and future performance of the organization
• Monitor progress of best practices that would continually identify trends, new ideas, and tools that would generate opportunities.
• Conduct categorizing and comparison of opportunities to support business expansion
• Research risks & drivers of success in identified opportunities
• Gather information on practical solution issues encountered
• Assist in developing new business development initiatives within the corporation
• Collect regularly industry and competitive intelligence for analysis & management reporting
• Research and prospect for new businesses to build pipeline of engagement within the market
• Work closely with technical/field teams at all stages of the business to achieve development of business opportunities.
• Assist in developing pitch slides, business plans and stakeholder identification for presentation to management
• Provide management with information required for negotiations with and lock in potential funding partners.
• Assist in working with experts, investment banks and VCs to secure and identify financing

• Assist in developing new business opportunities & initiatives for business opportunities and plans pipeline
• Gather data on macroeconomic developments, monitor markets, key statistical data, and update and monitor ongoing interim results of business initiatives using financial models

• Support investment committee process through provision of specialist knowledge at varying stages of the investment product development and management cycle.

• Maintain database on internal & external trends beneficial to the organization
• Present knowledge trends/developments in usable manner for management decision making.

• Expected return on investments from high growth new business initiatives
• Number of New projects won and successfully executed
• Devise and ensure the successful implementation of AFC’s new business strategy
• Increase in sell side coverage

• Relevant advanced Degree e.g. Master's Degree in Business Administration, Finance, Engineering or any related discipline
• 4 to 7 years working experience in an international financial institution or within a multinational business new business development

• Ability to conduct analysis of financial projections and impact of financing variables through the preparation of valuation model
• Strong knowledge of Accounting/ financial analysis
• Good experience and understanding of infrastructure development issues, infrastructure finance, project development and private equity
• Good working knowledge and understanding of the infrastructure development landscape across the African market
• Good understanding of capital markets and trends
• Well-developed analytical and problem-solving skills
• Strong business relationship building and negotiation skills
• Good understanding of crisis and issues management
• Ability to innovate and think outside the box and social competence
• Ability to multi task, function effectively under pressure and culturally open
• Good team work attitude and influencing ability
• Demonstrable commitment to high ethical standards and high level of integrity
• Good project management skills
• Ability to work effectively with cross-functional teams
• Good written and verbal communication skills
• Knowledge of cultural and political contexts reflecting AFC’s international presence.

• Ensure that AFC’s Enterprise Wide Risk Management Framework (EWRMF) remains effectively embedded in each of the key risk areas of credit, market, operational risk, and environmental and social risk management with a special focus on credit risk analysis, market risk analysis, obligor performance, portfolio management, portfolio monitoring and MIS support.
• Perform the Portfolio Management function within Risk Management , ensuring adherence to approved Portfolio Management policies, processes, procedures and reporting, ensuring adherence to required standards by transaction teams in preparation and submission of Quarterly Monitoring Reports, timely submissions from transaction teams to the Monitoring Committee, Risk Management Committee (RiskCo) and effective support for the credit, market, operational, environmental & social risk management, compliance (KYC/AML) criteria and risk assurance functions.

• Work with the Chief Risk Officer (CRO) and Risk Managers to ensure the efficacy of the Portfolio Management function within Risk Management, including adherence to policies, processes and procedure, timely submission of management reports, the effective monitoring of approved limits for infrastructural sectors and sub sectors, country limits and approved Treasury related exposures, limits and funding baskets and to flag breaches.
• Work with Risk Managers and Transaction Teams to ensure timely submission, and high quality content, of Quarterly Monitoring Reports to Risk Management, work with Risk Managers to prepare and submit risk assessment of Quarterly Monitoring Reports to INVESTCO, and to ensure effective follow up as directed by the CRO.
• Preparation of timely submissions to RiskCo and of timely delivery of Management Reports for consideration by Executive Management Committee (Exco) and Investment Management Committee (Investco).
• Work with Transaction Teams and CRM to ensure timely submissions to the Monitoring Committee in respect of Watch List assets and those within Risk Assurance’s Portfolio.
• Work with Risk Managers in ensuring that transactions adhere to compliance (KYC/AML) criteria and requirements.
• Ensure effective credit administration in respect of the satisfaction of all conditions precedent to drawdown (debt) or disbursement (equity), in collaboration with Legal & Corporate Secretariat, that transaction covenants are adhered to, interest rates are effectively applied, fees are collected and client obligations are honoured in a timely manner.
• Work with Market Risk Management function concerning transaction risk dashboard, portfolio risk dashboard and daily risk reports.
• Work with Environmental and Social Risk Management function to ensure effective monitoring and reporting.
• Develop and maintain a Covenants and Conditions tracking system, to record all loan conditions and covenants and to track compliance on a regular basis;
• Ensure all Environmental and Social (E&S) covenants for each transaction are adhered to, including the submission of E&S permits and regulatory documents;
• Carry out Covenants and Conditions reporting monthly;
• Report all non-compliances and breaches to covenants immediately they occur, including E&S-related incidents;
• Conduct Know-Your-Customer (KYC) counter-checks for all related parties in the pre-transaction phase;
• Carry out monthly KYC checks of all ongoing transaction parties.
• Perform other duties as directed by the CRO.

• Minimisation of losses caused through AFC’s exposure to credit, marketing and operational risks through effective portfolio management and use of risk mitigates.
• Minimisation of losses caused through impairment of equity investment through effective portfolio management and use of risk mitigates.
• Work to ensure that AFC’s Risk Management adheres to international best practice, as defined by rating agencies, and ensures that AFC obtains and maintains desired credit rating.
• Work to maintain integrity and independence of the risk management function.

• First degree (BA/BSc) not lower than 2nd class upper.
• MBA or MA/MSc or equivalent post-graduate degree is will be an added advantage
• At least 5 years working in financial institutions (investment bank, commercial bank or development bank).
• Fluent reading and writing ability in French language.
• Programming capabilities in VBA (other languages will also be considered) and SQL.
• Willingness to travel “out-of-station” with minimal prior notice

• In depth knowledge of key elements of enterprise wide risk management framework, in respect of credit, market, operational, environmental and social risk management, processes and procedures, compliance and in support of risk assurance.
• Portfolio management skills, particular as regards asset portfolio management, monitoring and reporting.
• Knowledge and experience of working in emerging markets, particularly the African continent, and to work effectively in a challenging, multi-cultural business environment.
• Ability to work effectively in a challenging business environment.
• Computer literate with respect to Microsoft applications (Word, Excel and PowerPoint).
• Good problem solving and analytical abilities.
• Strong oral and written communications skills and good inter personal skills.