African Development Bank Group (AfDB) – Established in 1964, the African Development Bank is the premier pan-African improvement establishment, selling financial development and social progress throughout the continent. There are 80 member states, together with 54 in Africa (Regional Member Countries). The Bank’s improvement agenda is delivering the monetary and technical assist for transformative tasks that can considerably scale back poverty by way of inclusive and sustainable financial development.

We are recruiting to fill the positions beneath:

Job Title: Principal Investment Officer, SNOU
Reference: ADB / 20 / 112
Location: Abidjan, Cote d’Ivoire
Grade: PL4
Position N°: 50086960

The Complex

  • The Senior Vice-Presidency (SNVP) is accountable for supporting the President within the day-to-day administration of the Bank Group to attain its strategic goal and drive performance tradition that can align all processes and programs to ship excessive influence outcomes
  • The SNVP offers efficient management and distinctive coordination to make sure implementation and monitoring of key company choices in addition to the identification of essential corrective measures and actions
  • The SNVP leads senior administration discussions, decision-making processes and the implementation of key Board and Management choices
  • The hiring Unit, SNOU reports to the SNVP.

The Hiring Unit:

  • The SNOU offers specialised information and providers to resolve distressed and underperforming company/mission finance loans and fairness exposures and assists with the identification and administration of downside tasks on the Bank’s watchlist.
  • The SNOU works intently with Portfolio Management and Risk Management to plan, organise, useful resource and implement the actions associated to non-public sector mission identification, preparation, appraisal, implementation and portfolio administration.
  • SNOU leads “Jeopardy” tasks the place there’s a threat of loss to the Bank and helps portfolio administration on “Joint Venture” watchlist tasks. Restoring optimistic operations restructuring Balance Sheets and rescheduling loans to match sustainable debt service capability is the perfect consequence, returning the mission to portfolio administration. Other outcomes might vary from one-time money settlements to exit (severing the Bank’s relationship earlier than potential adversarial PR related to failure and job losses) debt for fairness and warrant conversions of extra unsustainable debt (to protect the Bank’s upside worth after enhancements) by way of to enforcement of collateral and enterprise or asset gross sales.
  • SNOU fastidiously balances purely business cures in opposition to the event, social and environmental mandate of the Bank when assessing decision methods, while managing the general repute of the Bank.
  • In addition to managing the unit’s portfolio of underperforming tasks, SNOU additionally shares key classes realized and promotes “early warning signs” throughout entrance workplace groups to establish and react to issues after they begin, not simply when the tasks are deeply impaired. This preserves worth for the Bank and retains Non-Performing Loans, mortgage arrears and provisions to a minimal and assists with enhancing the standard of investments at entry.

The Position

  • The Investment Officer will make the most of in-depth information and expertise to ship decision methods for downside tasks and reveal sturdy management abilities for direct reports within the Unit in addition to inner and exterior interplay and consensus-building.
  • S/he leverages the prior mission information from portfolio managers who will be extremely helpful non permanent members of a tailor-made SNOU Jeopardy or Joint Venture crew and can carry a brand new imaginative and prescient and goal pondering to resolve on the best path ahead for the underperforming mission
  • S/he’ll lead others within the speedy prognosis of distressed conditions and design and implement optimum rehabilitation and exit technique; consider the distinctive traits and points for every mission.
  • The incumbent might also be invited now and again to watch the Credit Risk Committee (CRC) funding course of and Board Approval course of with a purpose to carry his or her expertise to the eye of the Bank. S/he may also symbolize the Bank professionally with exterior parties, together with auditors/advisors/consultants, Government representatives, Co-investors, Central Banks, Regulators and in addition at technical and DFI conferences.

Duties and Responsibilities
Under the supervision and steerage of the Head of Unit (SNOU), the Investment Officer will undertake the next:

  • Monitor the monetary and operational performance of impaired tasks, provide restoration options and impact execution and implementation of agreed exercise methods;
  • Prepare common reports as required on all mission decision actions;
  • Identify Lessons Learned to disseminate SNOU’s exercise expertise to different funding departments inside the Bank to help Portfolio Management to establish warning indicators at an earlier stage and enhance high quality at entry;
  • Preparation of economic forecasts and carry out money circulation evaluation to find out the debt carrying capability of debtors and the return potential for fairness investments, take part in due diligence of firms and decide, doc and current choices for approaching funding resolutions (e.g. commerce sale, restructuring, refinancing, turnaround, exercise, enforcement and insolvency processes, debt for fairness swaps or every other rescue approaches);
  • Conduct enterprise critiques to grasp the problems going through firms and providing sensible options; work together with accountants, authorized, monetary and sectoral consultants; work together with senior administration of investee firms; liaise with different co-investors and DFIs and assemble monetary and valuation fashions with sensitivities as required;
  • Prepare motion plans and completely different decision choices for every non-performing or impaired investee firm for the SNOU Head and different crew members to current to the inner CRC together with really helpful methods to resolve and optimise downside investments while understanding the necessity to shield the over-arching developmental mandate of the Bank and minimise any reputational fall-out.
  • Prepare inner papers and memoranda for funding proposals.

Selection Criteria

  • A Master’s Degree in Economics, Business Administration, Finance or associated self-discipline.
  • Professional {qualifications} in Accounting, Legal or Banking are a powerful benefit.
  • A minimal of six (6) years of related progressive expertise.
  • Formal insolvency practitioner license/membership {of professional} commerce our bodies is a powerful benefit.
  • Demonstrable monitor document {and professional} expertise of working both in a exercise or restoration crew for a financial institution or monetary establishment; or having labored for a significant accounting or consulting agency advising shoppers on exercises, restructurings or non-performing investments or portfolios.
  • Diverse expertise each geographically and sectorally of investing and divesting throughout differing types and sizes of companies. International funding expertise is a should.
  • Experience with Private Equity Funds including worth to investments and/or Project Finance can be a bonus
  • Ability to evaluate the effectiveness and effectivity of incumbent administration groups, making advice on easy methods to change or enhance groups in investee firms.
  • Sound enterprise judgment, with artistic problem-solving abilities and talent to assume laterally with a purpose to remedy issues; and the flexibility to use revolutionary approaches and new strategies to resolve issues whereas remaining environment friendly in a fast-paced, altering and difficult institutional setting.
  • Strong analytical and modelling capabilities and talent to guide transactions from inception to completion.
  • Advanced company negotiating and influencing abilities in exercise and funding conditions.
  • Solid expertise in mission administration and cross-functional working with various groups.
  • Possess the mandatory crew abilities required to guide specialised groups and analyze actions from the views of a number of stakeholders.
  • Demonstrated skill to make efficient and well timed, well-determined suggestions or choices.
  • Strong communication abilities and the flexibility to ship outcomes that meet the wants and pursuits of shoppers inside and outdoors the Institution. Understanding cultural sensitivities is vital to this function
  • Ability to function successfully in a matrix administration setting, each as crew chief and crew member.
  • Ability to deal sensitively in a multi-cultural setting and construct efficient working relations with shoppers and colleagues.
  • Demonstrates integrity, Sound judgment, and highest moral requirements.
  • Excellent written and verbal communications in English or French, with a working information of the opposite language.
  • Competence in the usage of Bank commonplace software program (Word, Excel, Access, PowerPoint). Ability to supply strategic recommendation to the Bank on rising monetary and improvement points, in addition to company points.

Interested and certified candidates should:
Click here to apply

Job Title: Afawa Officer – Affirmative Finance Action for Women in Africa (For Central Africa & Nigeria), AHGC0

Reference: ADB/20/113
Location: Abidjan, Côte d’Ivoire
Grade: PL4
Position N°: 50093595

The Complex

  • The Vice Presidency for ‘Agriculture, Human, and Social Development’ is a Sector Complex specializing in two of the Bank’s Ten-Year Strategy High 5s precedence of “Feed Africa” and “Improve Quality of Life for the People of Africa”.
  • The advanced aims are (i) to develop, coverage and technique; (ii) present deep sector experience to the Regions by gathering swimming pools of skilled people who will be consulted to supply sector experience on advanced transactions; (iii) develop new financing devices; (iv) the Vice President will act because the spokesperson to symbolize the Bank with exterior stakeholders on facets of “Feed Africa” and Improve Quality of Life for the People of Africa”.

The Hiring Department:

  • Within the Complex, the Gender, Women and Civil Society Department is designed to enhance coherence and coordination throughout Complexes on Gender and Civil Society Organization points. The Department ensures strategic priorities are mirrored in sources allocation, enhances monitoring and administration of performance, and strengthens the give attention to outcomes.
  • The Department additionally homes numerous particular initiatives together with the Affirmative Finance Action for Women in Africa (AFAWA), a flagship program of the Bank that goals to bridge the gender hole in entry to finance and unleash girls’s entrepreneurial capability throughout the continent. AFAWA’s holistic strategy focuses on 3 pillars: (a) entry to finance, leveraging AfDB’s numerous devices equivalent to strains of credit score, fairness investments and risk-sharing mechanisms, (b) technical help, to monetary establishments in addition to girls entrepreneurs, and (c) coverage dialogue to reform the authorized and regulatory frameworks affecting girls companies.

The Position

  • The Principal AFAWA Officer might be primarily based in Abidjan, Côte d’Ivoire, below the supervision of the AFAWA Program Coordinator and the management of the Director, Gender Women and Civil Society Department.
  • The Principal AFAWA Officer will work on the design, construction and implementation of operations below the entry to finance and Technical Assistance/Capacity Building pillars of AFAWA.
  • He/She will ship substantial, revolutionary and measurable outcomes associated to growing entry to monetary providers and markets for women-owned SMEs and assist the information and studying agenda for banking women-owned SMEs.
  • Given the significance of the enabling setting to boost entry for women-owned SMEs, the Principal AFAWA Officer will oversee and monitor progress on the pillar working in shut collaboration with the regional gender specialist and the AFAWA Enabling Environment Officer.
  • The AFAWA Officer should have intensive expertise in SME and Gender Finance/Gender Lens investing or associated consulting providers and be accustomed to designing, implementing and managing banking advisory applications.
  • He/she could have a deep understanding and sensible expertise working with key banking operations and have sturdy capabilities in information administration and analytics.
  • He/She may also contribute to the AFAWA crew’s information administration initiatives.

Duties and Responsibilities
The AFAWA Operations Officers below the oversight of the AFAWA Coordinator (AHGC.0), will carry out the next duties and have the next tasks:

Business Development:

  • Working intently with the Private Sector Finance Department and different related Bank departments, set up/take part in enterprise improvement missions by way of market analyses and conferences with current and potential shoppers to establish potential areas for AFAWA assist to extend entry to monetary providers for ladies. This will embrace pipeline identification and participation in client due diligence and appraisal, identification of technical help and capability constructing assist
  • Prepare AFAWA TA pitch books and mission proposals approval reports together with mission aims, scope of labor, key deliverables, timelines, finances and anticipated outcomes and impacts with enter from the client and related Bank Departments
  • Participate in drafting donor proposals and securing funding for AFAWA applications as wanted.
  • Design and implement tasks to facilitate women-owned SME’s entry to  worth chains and markets.
  • Contribute to instruments and requirements to additional improve the Bank’s skill to ship sturdy and impactful entry to finance and markets applications for ladies entrepreneurs on the continent.

Design Implementation and Quality Assurance:

  • Participate within the evaluation of each lending and non-lending tasks inside the ambit of the AFAWA Program, strengthen the availability of operational inputs for the mainstreaming of AFAWA key performance indicators, together with the identification of ladies entrepreneurship indicators and improvement outcomes and particular technical help actions.
  • Work intently with the Gender, Women and Civil Society Department, in addition to the Financial Sector, Private Sector and different Sector Departments (notably the Agriculture Finance and Rural Development Department), to harmonize the combination of AFAWA in Bank’s operations
  • Provide market intelligence on the ladies’s market and enterprise case for investing in girls; suggest revolutionary and operational merchandise/toolkits with the intention of addressing adequately the challenges girls entrepreneurs face in accessing finance and markets and obtain the target of AFAWA.
  • Have total accountability for mission AFAWA technical help and capability constructing design at client stage, together with scope of labor definition, timeline and finances setting, consequence goal setting, stakeholder identification and mapping, phrases of Reference improvement together with procurement of specialists and coordination important to the implementation of AFAWA tasks.
  • Manage client relations by way of open and common communications to evaluate progress and satisfaction; anticipate and reply to client wants
  • Prepare and draft inner and exterior mission paperwork and reports e.g., mission paperwork, mission reports, mission supervision and completion paperwork
  • Monitor and evaluation mission implementation, scope of labor and sources deployed, to make sure mission qualitative and quantitative milestones are achieved, and corrective actions taken when essential, present mission updates for inner and exterior audiences
  • Meet with shoppers regularly to evaluate mission progress; regularly anticipate and reply to client wants to make sure client satisfaction
  • Supervise consultant work to make sure top quality and on-time supply of labor program
  • Contribute to analysis and information administration occasions and publications
  • Perform evaluation of client-related information and data to derive insights
  • Perform different duties as assigned by supervisor.

Selection Criteria

  • Hold at least a Master’s Degree or equal in Development Finance, Business, Economics, or associated discipline; related qualification in funding appraisal and mission finance is a plus.
  • Have a minimal of six (6) years of SME finance expertise, with monitor document in banking women-owned or led Enterprises – expertise in growing gender financing merchandise is an asset.
  • Good command of endeavor complete due diligence and shoppers’ portfolio information evaluation in addition to SME Banking practices;
  • Experience in monetary and funding coverage engagement, significantly in relation to inclusive finance and girls’s entry to credit score.
  • Experience in designing and main technical help and capability constructing applications for SMEs and extra particularly women-owned SMEs.
  • Good understanding of Human Centered Design methodology is a plus
  • Strong client relationship administration abilities, together with the flexibility to develop and keep mutually useful stakeholder relationships with senior administration and guarantee well timed and acceptable follow-up
  • Ability to establish potential shortcomings of shoppers (and to suggest options, formulated by way of detailed technical help proposals.
  • Demonstrate sturdy analytical and reporting abilities.
  • Ability to carry out in non-traditional sectors and work autonomously inside deadline.
  • Ability to speak successfully (written and oral) in English and French. Working information of Spanish or Portuguese is an asset.
  • Competence in the usage of commonplace Microsoft Office purposes (Word, Excel, Access, PowerPoint); information of SAP is fascinating.

Interested and certified candidates should:
Click here to apply

ALSO APPLY FOR : Access Bank Plc 2020 Job Recruitment (9 Positions)

 

Job Title: AFAWA Officer – Affirmative Finance Action for Women in Africa (For West & North Africa), AHGC0

Reference: ADB/20/114
Location: Abidjan, Cote d’Ivoire
Grade: PL4

The Complex
The Vice Presidency for ‘Agriculture, Human, and Social Development’ is a Sector Complex specializing in two of the Bank’s Ten-Year Strategy High 5s precedence of “Feed Africa” and “Improve Quality of Life for the People of Africa”. The advanced aims are:

  • To develop, coverage and technique;
  • Provide deep sector experience to the Regions by gathering swimming pools of skilled people who will be consulted to supply sector experience on advanced transactions;
  • Develop new financing devices;
  • The Vice President will act because the spokesperson to symbolize the Bank with exterior stakeholders on facets of “Feed Africa” and Improve Quality of Life for the People of Africa”.

The Hiring Department:

  • Within the Complex, the Gender, Women and Civil Society Department is designed to enhance coherence and coordination throughout Complexes on Gender and Civil Society Organization points. The Department ensures strategic priorities are mirrored in sources allocation, enhances monitoring and administration of performance, and strengthens the give attention to outcomes.
  • The Department additionally homes numerous particular initiatives together with the Affirmative Finance Action for Women in Africa (AFAWA), a flagship program of the Bank that goals to bridge the gender hole in entry to finance and unleash girls’s entrepreneurial capability throughout the continent. AFAWA’s holistic strategy focuses on 3 pillars: (a) entry to finance, leveraging AfDB’s numerous devices equivalent to strains of credit score, fairness investments and threat sharing mechanisms, (b) technical help, to monetary establishments in addition to girls entrepreneurs, and (c) coverage dialogue to reform the authorized and regulatory frameworks affecting girls companies.

The Position

  • The Principal AFAWA Officer might be primarily based in ABIDJAN, CÔTE D’IVOIRE, below the supervision of the AFAWA Program Coordinator and the management of the Director, Gender Women and Civil Society Department.
  • The Principal AFAWA Officer will work on the design, construction and implementation of operations below the entry to finance and Technical Assistance (TA) / Capacity Building pillars of AFAWA.
  • He / She will ship substantial, revolutionary and measurable outcomes associated to growing entry to monetary providers and markets for women-owned SMEs and assist the information and studying agenda for banking women-owned SMEs. Given the significance of the enabling setting to boost entry for women-owned SMEs, the Principal AFAWA Officer will oversee and monitor progress on the pillar working in shut collaboration with the regional gender specialist and the AFAWA Enabling Environment Officer.
  • The AFAWA Officer should have intensive expertise in SME and Gender Finance/Gender Lens investing or associated consulting providers and be accustomed to designing, implementing and managing banking advisory applications.
  • He / she could have a deep understanding and sensible expertise working with key banking operations and have sturdy capabilities in information administration and analytics.
  • He / She may also contribute to the AFAWA crew’s information administration initiatives.

Duties and Responsibilities
The AFAWA Operations Officers below the oversight of the AFAWA Coordinator (AHGC.0), will carry out the next duties and have the next tasks:

Business Development:

  • Working intently with the Private Sector Finance Department and different related Bank departments, set up / take part in enterprise improvement missions by way of market analyses and conferences with current and potential shoppers to establish potential areas for AFAWA assist to extend entry to monetary providers for ladies. This will embrace pipeline identification and participation in client due diligence and appraisal, identification of technical help and capability constructing assist
  • Prepare AFAWA TA pitch books and mission proposals approval reports together with mission aims, scope of labor, key deliverables, timelines, finances and anticipated outcomes and impacts with enter from the client and related Bank Departments
  • Participate in drafting donor proposals and securing funding for AFAWA applications as wanted.
  • Work intently with Digital Financial Services to design and implement tasks to facilitate women-owned SME’s entry to digital finance and the digital financial system.
  • Contribute to instruments and requirements to additional improve the Bank’s skill to ship sturdy and impactful entry to finance and markets applications for ladies entrepreneurs on the continent.

Design Implementation and Quality Assurance:

  • Participate within the evaluation of each lending and non-lending tasks inside the ambit of the AFAWA Program, strengthen the availability of operational inputs for the mainstreaming of AFAWA key performance indicators, together with the identification of ladies entrepreneurship indicators and improvement outcomes and particular technical help actions.
  • Work intently with the Gender, Women and Civil Society Department, in addition to the Financial Sector, Private Sector and different Sector Departments (notably the Agriculture Finance and Rural Development Department), to harmonize the combination of AFAWA in Bank’s operations
  • Provide market intelligence on the ladies’s market and enterprise case for investing in girls; suggest revolutionary and operational merchandise/toolkits with the intention of addressing adequately the challenges girls entrepreneurs face in accessing finance and markets and obtain the target of AFAWA.
  • Have total accountability for mission AFAWA technical help and capability constructing design at client stage, together with scope of labor definition, timeline and finances setting, consequence goal setting, stakeholder identification and mapping, phrases of Reference improvement together with procurement of specialists and coordination important to the implementation of AFAWA tasks.
  • Manage client relations by way of open and common communications to evaluate progress and satisfaction; anticipate and reply to client wants
  • Prepare and draft inner and exterior mission paperwork and reports e.g., mission paperwork, mission reports, mission supervision and completion paperwork
  • Monitor and evaluation mission implementation, scope of labor and sources deployed, to make sure mission qualitative and quantitative milestones are achieved, and corrective actions taken when essential, present mission updates for inner and exterior audiences
  • Meet with shoppers regularly to evaluate mission progress; regularly anticipate and reply to client wants to make sure client satisfaction
  • Supervise consultant work to make sure top quality and on-time supply of labor program
  • Contribute to analysis and information administration occasions and publications
  • Perform evaluation of client-related information and data to derive insights
  • Perform different duties as assigned by supervisor.

ALSO APPLY FOR : NGO Jobs in Nigeria for Graduates ( 354 Slots 7 Positions )

Selection Criteria

  • Hold at least a Master’s degree or equal in Development Finance, Business, Economics, or associated discipline; related qualification in funding appraisal and mission finance is a plus.
  • Have a minimal of six (6) years of SME finance expertise, with monitor document in banking women-owned or led Enterprises – expertise in growing gender financing merchandise is an asset.
  • Good command of endeavor complete due diligence and shoppers’ portfolio information evaluation in addition to SME Banking practices;
  • Experience in monetary and funding coverage engagement, significantly in relation to inclusive finance and girls’s entry to credit score.
  • Experience in designing and main technical help and capability constructing applications for SMEs and extra particularly women-owned SMEs.
  • Good understanding of Human Centered Design methodology is a plus
  • Strong client relationship administration abilities, together with the flexibility to develop and keep mutually useful stakeholder relationships with senior administration and guarantee well timed and acceptable follow-up
  • Ability to establish potential shortcomings of shoppers (and to suggest options, formulated by way of detailed technical help proposals.
  • Demonstrate sturdy analytical and reporting abilities.
  • Ability to carry out in non-traditional sectors and work autonomously inside deadline.
  • Ability to speak successfully (written and oral) in English and French. Working information of Arabic is an asset.
  • Competence in the usage of commonplace Microsoft Office purposes (Word, Excel, Access, PowerPoint); information of SAP is fascinating.

Interested and certified candidates should:
Click here to apply

Important Information and Notice

  • These positions are categorised worldwide standing and entice worldwide phrases and situations of employment.
  • Should you encounter technical difficulties in submitting your application, please send an electronic mail with a exact description of the problem and / or a screenshot exhibiting the issue to HR Direct by way of: HRDirect@AFDB.ORG (hyperlink sends e-mail)
  • To apply for this place, you want to be nationwide of one in every of AfDB member countries.
  • Applicants who totally meet the Bank’s necessities and are thought-about for interview might be contacted. Only on-line purposes submitted with a complete Curriculum Vitae (CV) and copies of the required levels might be thought-about. The President, AfDB, reserves the suitable to nominate a candidate at a decrease stage. The African Development Bank is an equal alternatives employer. Female candidates are strongly inspired to use.
  • The African Development Bank Group (AfDB) doesn’t ask for funds of any variety from candidates all through the recruitment course of (job application, CV evaluation, interview assembly, and last processing of purposes). In addition, the Bank doesn’t request info on candidates’ financial institution accounts. The African Development Bank Group declines all accountability for the fraudulent publications of job affords in its identify or, generally, for the fraudulent use of its identify in any means in anyway.

Application Deadline  nineteenth September, 2020.

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