Jobs

Job Recruitment at African Development Bank Group (AfDB)

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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 Banks 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: Chief Co-Financing Officer Reference: ADB/19/020 Location: Côte d’Ivoire Grade: PL3 Position N°: 50076438 The Complex

• The Vice Presidency for Finance oversees the financial management of the African Development Bank Group (the “Bank”).
• This encompasses the Bank’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.

The Hiring Department The role of the Syndications, Co-Financing and Financial Technical Services Department (FIST) is to:

• Provide centralized syndication, co-financing and financial technical services to the entire Bank cutting across both public and private sector lending activities and across products;
• Establish and coordinate the achievement of bank-wide co-financing targets and key performance indicators; and
• Develop and implement financial products.

The Position

• Reporting to the Syndications and Co-financing Division Manager, the Chief Co-Financing Officer develops and maintains close relationships with co-financiers with a view to facilitating and maximizing co-financing of sovereign and non-sovereign projects utilizing both existing and new co-financing arrangements and facilities.
• Existing arrangements presently include the Nigerian Trust Fund, the Accelerated Co-Financing Facility for Africa (Japan), the Africa Growing Together Fund (China), Agence Française de Développement (France), the European Union, the Korean Economic Development Cooperation Fund, the Islamic Development Bank and other ad hoc arrangements based on general cooperation agreements (MOUs).

Duties and Responsibilities Under the overall supervision of the Syndications and Co-financing Division Manager, the Chief Co-Financing Officer will perform the following:

• Creatively and proactively, strive to ensure the effective utilization, implementation and management of the Bank’s existing and future co-financing facilities and partnership arrangements.
• Origination responsibilities - in consultation with the sector teams, identify potential targets for utilization of cofinancing facilities 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 to clients
• Facilitate communication and the flow of information within the Bank and with external stakeholders;
• Coordinate with key internal counterparts (Office of the Vice President for Regional Development, Integration and Business Delivery; Regional and Country Program Officers; Sector Departments and project Task Managers among others) to identify co-financing opportunities in the Bank’s pipeline for the attention of relevant co-financing facilities coordinators.
• Manage/coordinate one or more co-financing facilities or partnership arrangements as may be assigned, serving as primary point of contact and representative of the African Development Bank to the partner institutions in all matters related to the facilities in question.
• Acquire and apply expert knowledge of Bank’s co-financing facilities and Bank’s project cycle to support and ensure Bank’s overall achievement and compliance with co-financing and partnership agreements as well as Bank’s applicable policies and procedures.
• Track, acquire, consolidate, verify and analyse relevant information from many sources, both internal and external, including information on project evaluation and development results.
• Prepare regular/required reports on co-financing activities etc., support and contribute to the preparation of other internal and external reports as needed.
• Promote knowledge and awareness of Bank’s co-financing arrangements; prepare a variety of other documents and materials as may be required from time to time, e.g., for promotion and public relations, training, explaining the achievements and development results attained through co-financing, etc.
• Contribute constructively to the design and development of new facilities/arrangements.
• Contribute constructively to the formulation and review of relevant Bank policies, rules and procedures.

Selection Criteria Including desirable skills, knowledge and experience:

• A Master's Degree (or its equivalent) in Development Economics, Business Administration or related disciplines.
• At least six (6) years of relevant experience acquired in, e.g., a reputable development finance institution or bilateral aid agency.
• The ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
• Additional useful languages, e.g., Japanese, Chinese, Korean, Arabic
• Strong writing skills are essential; plus analytical and quantitative skills.
• Understanding of global aid architecture and familiarity with current development issues and events in the development arena.
• Knowledge of Bank or other multilateral development banks/development finance institutions project cycle activities and applicable rules, policies, procedures and standard practices, including procurement and disbursement.
• Experience with Bank or comparable large public/international organization administrative rules and procedures, e.g., budget, work program, recruitment and management of consultants, etc.
• Ability to fully utilize systems, policies and procedures to solve problems and deliver required results.
• Demonstrated strategic, creative and logical thinking, initiative, problem-solving, common sense, sound reasoning and judgement.
• Ability to plan and organize, achieve desired results on a timely basis.
• Professional demeanor – diplomatic, punctual, well-organized, respectful, ethical, reliable, confident, decisive.
• Teamwork – collaboration, networking, relationship management.
• 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).
• Experience with SAP work environment.

    Job Title: Division Manager, Gender and Women Empowerment Reference: ADB/19/021 Location: Côte d’Ivoire Position N°: 50092413 Grade: PL2 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) 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 role of the Gender, Women and Civil Society Department is under the Agriculture, Human and Social Development 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”. Furthermore, “Improve Quality of Life for the People of Africa” will be operationalized with focus on Gender, Women and Civil Society.
• The Gender, Women and Civil Society Department is designed to improve coherence and coordination across complexes on gender and Civil Society Organization issues. The department will ensure strategic priorities are reflected in resources allocation, enhance monitoring and management of performance, and strengthen the focus on results.
• As part of the Gender, Women and Civil Society Directorate, the manager, Civil Society and Women Empowerment Division will provide leadership on mainstreaming civil society in operations.

The Position

• The objective of Division Manager - Gender and Women Empowerment, the Position is to provide sstrategic guidance to the Bank’s work in gender and women empowerment.
• The incumbent will build and maintain excellent external relations with development partners and alliances at the global level to advance the gender work.
• He /She will support the Division Director in regional and global advocacy efforts on promoting the gender and women empowerment agenda.

Duties and Responsibilities Under the supervision of the Director - Gender, Women and Civil Society, the Division Manager - Gender and Women Empowerment shall: Manage and Supervise the Division:

• Plan, organize and coordinate the activities of the Division;
• Set the overall objectives, develop work programs and oversee their execution and ensure that deadlines are met and that the Division’s outputs reach the highest technical standard quality
• Establish a feedback mechanism and workflow management and assignments system in compliance with the Bank’s policies, guidelines and monitoring procedures.

Lead policy development and monitoring:

• Lead policy/strategy development/revision to enhance mainstreaming, gender, civil society participation and Sustainable Development Goals ;
• Regularly inform bank staff on status of African countries in achieving Gender Sustainable Development Goal and coordinate annual reporting on gender disaggregated results.
• Develop innovative approaches to the implementation of the High5s.
• Provide support to the Bank’s knowledge management work on gender and target high return Economic and Sector Work on gender to strengthen the quality of the bank’s policy dialogues, advisory services and involvement in the gender, women and civil society development debate.
• Advise the Department on emerging matters of strategic, policy and institutional significance, including the formulation/update of the Bank Group’s Gender Policies, Strategies, and Guidelines.

Enhance Gender Mainstreaming into Bank operations:

• Lead internal gender mainstreaming efforts that strengthen the readiness review process to ensure quality at entry of projects (collection of gender data, statistics analysis, impact evaluation, and capacity building for Monitoring and Evaluation);
• In collaboration with relevant Bank Departments, help to design a monitoring and evaluation system for gender mainstreaming in the Bank at the operational, policy and corporate level.
• Enhance gender responsiveness of the Bank’s quality assurance and results frameworks within the operations manual and guidelines
• Lead the development and application of mainstreaming tools for Country Strategic Papers, project design & supervision;
• Active involvement in the Bank’s review process country and regional team meetings;
• Operational support for project design, monitoring and evaluation;
• Strengthen Bank institutional capacity through training and other means;

Strengthen External Engagement and Partnerships:

• Strengthen partnerships with key multi and bi-lateral organizations, United Nations agencies, the Private Sector, Civil Society Organizations and others and enhance collaboration and networking; and
• In collaboration with gender experts in operations, represent the bank in key regional and international events relevant to the work of the division;
• Lead the organization of events (major conferences and seminars) in key sector-related thematic areas to inform operations, and share knowledge and good practices;
• Assist the Director in providing support to the Bank-wide Gender Oversight Committee with membership across sectors and regions to ensure full integration of gender across all projects.
• Coordinate the Department’s relationship with other Multilateral Development Banks, International Organizations, bilateral agencies, research organizations etc., to monitor and analyze developments, and share and learn best practices on gender in Africa and the world.

Selection Criteria Including desirable Skills, Knowledge and Experience:

• Hold at least a Master’s degree in Gender Studies, Sociology, and Anthropology, Economics or closely related disciplines.
• Have a minimum of eight (8) years of relevant professional experience; of which three (3) years should be at the managerial level in the formulation and implementation of policies, strategies, programs and projects.
• Demonstrated skills to combine strategic thinking with a good understanding on how to translate ideas into products in a participatory manner, navigating the shortest institutional way possible;
• Proven leadership and team building skills in a diverse regional workforce; results oriented and ability to work in a multicultural environment
• Good listener with demonstrated ability to make ideas work and make effective and timely decisions
• Experience of coordinating or leading corporate assignments across institutional boundaries.
• Ability to network and build partnerships with a broad range of internal and external stakeholders.
• Strong knowledge and understanding of regional social issues
• Knowledge of operational policies, rules, procedures and practices of the Bank or comparable institution: major bilateral and multilateral partner development agencies in African countries or other developing countries
• Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other language.
• Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint); knowledge of SAP is desirable.

      Job Title: Principal Commercial Credit Officer - Non-Sovereign Credit Risk Reference: ADB/19/024 Location: Cote d'Ivoire Grade: PL4 Position N°: 50062923 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 Units including Office of the President ; Independent Development Evaluation Department ; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit ; Secretariat to the Sanctions Appeals Board ; Administrative Tribunal ; Office of the Auditor General ; Group Risk Management Function;  General Counsel and Legal Services Department ; Communication and External Relations Department ; Staff Integrity and Ethics Office  and Office of the Secretary General & General Secretariat.

The Hiring Department

• The Group Risk Management Function (PGRF) develops policies and guidelines, methodologies and systems relating to credit risk assessment, market risk and operational risk and ensures internal consistency of all of the Bank’s risk management policies and guidelines, including those initiated and developed by other departments.
• The main mandate is to safeguard the Bank’s financial integrity and consolidate all core risk management activities of the Bank in order to exercise comprehensive oversight over the Bank’s risk exposure.
• In delivering its mission, PGRF focuses largely on promoting the Bank Group’s strategic goals within a defined risk tolerance framework.

The Position The key objectives of the Non-Sovereign Credit Risk Unit (PGRF1), within the broad mandate of Risk Management Function (PGRF), are to:

• Ensure adequate assessment of credit risk of new non-sovereign operations as well as regular review of the Bank’s non-sovereign credit portfolio;
• Develop policies and guidelines, methodologies and systems relating to non-sovereign credit risk assessment and management for the Bank;
• Ensure internal consistency of all Bank’s non-sovereign credit risk policies and guidelines including those initiated and developed by other Departments;
• Monitor and report on compliance with policies and guidelines; and
• Contribute to the development of strategic risk metrics and a risk culture within the organization through the following: (i) Managing the risk profile of the Bank’s non-sovereign portfolio to protect the Bank’s AAA credit rating and reputation; and (ii) Strengthening the Bank’s internal risk framework by improving credit processes.

Duties and Responsibilities Under the overall supervision and guidance of the Unit Head PGRF1, the Principal Commercial Credit Officer performs the following: Assess non-sovereign credit risks by:

• Preparing Summary Credit Notes, advising appropriate credit risk ratings and making recommendations with respect to the further processing of individual transactions;
• Regularly reviewing existing transactions and their credit ratings as well as the adequacy of impairment provisions, if required;
• Assessing specific risks of proposed individual non-sovereign transactions and recommend appropriate credit enhancement or risk mitigation measures.
• Advising operations departments on the correct structuring of transactions with a view to mitigate risk.
• Participating in due diligence missions on new non-sovereign transactions and supervision missions on active projects, contributing to a better understanding of risks associated with them and of risk mitigation options;
• Advise appropriate pricing terms in consultation with syndication and investment officers.

Participate in the development and updating of commercial credit risk management policies, guidelines, processes and procedures for their implementation by:

• Regularly reviewing the adequacy and appropriateness of policies, guidelines and procedures and proposing amendments as they may become necessary;
• Participating in the development and upgrading of commercial credit risk identification and assessment methodologies, including appropriate assessment, monitoring and management of tools and systems;

Participate in portfolio monitoring and reporting by:

• Monitoring of compliance with existing credit limits, KPIs and thresholds;
• Establishing and forecasting trends with respect to portfolio concentrations and proposing portfolio management initiatives to mitigate concentration risks.
• Preparing technical notes and/or papers or conduct studies of interest to the Bank on commercial credit risk and related issues.

Participate in risk related discussions by:

• Participating in management review committees and Board Committee sessions on non-sovereign transactions.
• Propagating a risk culture and serving as technical focal point.
• Interacting with Internal and External Auditors and Rating Agencies.

Selection Criteria Including desirable skills, knowledge and experience:

• Hold at least a Master’s degree or equivalent in Risk Management, International Finance or Economics
• Have a minimum of 6 years work experience in credit assessment in private sector banking or multilateral development banking
• Hands-on experience of credit risk assessment, deal negotiation and structuring in emerging and underdeveloped markets
• Familiarity with project finance, corporate lending, lending to financial institutions and private equity funds
• Ability to build risk tools and methodologies are desirable
• Knowledge of capital adequacy standards is required
• Considerable knowledge and experience of credit risk management techniques, sophisticated risk management products and risk management best practice;
• High degree of personal commitment, interpersonal skills with clear strategic vision and proven communication and leadership skills,
• Teamwork and Relationships: Works with others to maximize the effectiveness of the team as a whole, sharing the knowledge and workload. Develops strong working relationships with colleagues and contributes to the creation of a positive team environment.
• Operational effectiveness: The commitment to ensure that full use is made of the systems, procedures and culture within the organization in order to deliver the required results.
• Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution.
• Innovation & Creativity: The commitment to search for and produce innovative and creative approaches to activities in order to enhance performance and create added benefits to the Bank and its clients.
• Communication: Provides clear and concise oral and written communication; presents oral information with clarity and appropriate style and adapts language and style to suit the requirements of a particular audience.
• 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 (Word, Excel, Access and Power Point); knowledge of SAP (or other integrated document management system or quantitative and qualitative data analysis packages is an added advantage.

  How to Apply Interested and qualified candidates should: Click here to apply   Application Deadline: 26th April, 2019.

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