Deadline: 08 November, 2020
Location: Abidjan, Ivory Coast
African Development Bank (AfDB) is seeking applications from eligible applicants for the post of Chief Financial Analyst.
AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs).
Responsibilities
- Design balance sheet optimisation transactions to assist the bank with proactive management and preservation of its risk capital in compliance with its prudential limits, including asset sell downs, guarantee structures, reinsurance and risk participation on the bank’s sovereign and/or non-sovereign portfolio
- Collaborate with the chief risk officer, support in the monitoring of the transactions which have been guaranteed/insured to assure compliance with the policy signed with the risk protection seller, and board expectations
- Assist in the calculation and payment of insurance premium, guarantee fees or other compensation payable to risk protection seller to ensure active risk cover at all times during the life of the insured transactions
- Lead the design of new and/or enhanced financial products and their associated operational guidelines
- Manage the processing and implementation of new financial products by ensuring cross-departmental buy-in and clearance of the concept proposals through the relevant internal committees
- Assist operational teams to resolve important funding or hedging needs while applying a broad knowledge of international financial markets to ensure high quality outcomes for the bank and its clients, including new guarantee approaches and/or other risk mitigation financial instruments to meet the changing needs of commercial lenders and institutional investors
- Provide financial technical expertise and advisory services on project teams to support task managers to design appropriate structures and solutions to meet the growing and evolving needs of clients
- Participate in upstream preparation/originating, structuring, appraising, negotiating, restructuring and closing of bank transactions in various sectors utilising the breadth of available instruments
- Equip operational staff to assist borrowers in making decisions on the choice of lending or non-lending product(s) and the packaging of loans consistent with their financial and economic circumstances
Requirements
- Master’s degree (or its equivalent) in Finance, Banking, Business Administration, Economics, Accounting, or a related discipline
- Seven years, minimum, of experience with good financial market knowledge particularly in relation to transaction structuring, financial products development and marketing
- Chartered Financial Analyst (CFA)/International Capital Markets Association certification will be a plus
- Experience in working with private sector projects, state-owned entities, utilities/infrastructure authorities and African governments
- Knowledge of market instruments and market sources of financing (sovereign bond financing, municipal/sub-sovereign financing, syndicated lending/infrastructure finance), other sources of financing
- Knowledge of the use of standard software (Word, Excel, Access, PowerPoint, and web tools)
- Knowledge of SAP, Summit, Reuters and Bloomberg applications a plus
- Ability to communicate effectively (written and oral) in English or French
To apply and for more information, click here.
Photo source: Rwanda Government
