Apply: AfDB Principal Portfolio Management Officer

Deadline: 25 August, 2021
Location: Abuja, Nigeria
The African Development Bank (AfDB) is seeking to fill the role of Principal Portfolio Management Officer.
Established in 1964, the AfDB is the premier pan-African development institution, promoting economic growth and social progress across the continent.
Responsibilities
  • Understand the bank’s core product areas and High Five priorities, assess/present solutions that deliver value to internal and external clients
  • Work in close coordination and support the director general and regional coordinators in the execution of regional mandates
  • Contribute sector know-how and market intelligence for the financial intermediaries, new business development and participate in the project appraisals, as required
  • Provide leadership and support in the development of the financial institutions portfolio  management strategy, and assist in execution of this strategy
  • Lead discussions at the level of credit-risk committee, working in collaboration with the task manager, regional coordinator on all waivers, restructuring requiring approval from the committee
  • Ensure proper coordination between the headquarters and the regional offices to ensure consistency of approaches, knowledge sharing and exchange of experiences, and consistency and integration of policy commitments in all financial sector operations
  • Lead in the review of portfolio performance by sector and regional country and preparation of initiatives to promote project quality and improve portfolio performance
  • Provide guidance and advice for the identification and implementation of action items needed to resolve implementation issues and problems
  • Prepare consolidated reports on the financial sector portfolio for management information that will drive strategic investment decision
  • Lead and coordinate the financial sector input in the preparation of the annual portfolio review report for submission to the board
  • Provide support to the Nigeria country office and ensure that private sector and non-sovereign (NSO) dimensions are captured in the Country Strategy Paper (CSP) and the Regional Integration Strategic Paper (RISP),
  • Participate in private sector dialogues, conducting business development activities and supporting PIFD and the country office in the development of Indicative Operating Pipeline (IOP) for NSO
  • Provide expert advice during due diligence, structuring and negotiation in connection with new financial sector investments
  • Monitor performance of portfolio entities and develop recommendations regarding portfolio actions
  • Demonstrate deep technical capability and professional knowledge in different aspects of credit risk in support of the financial sector portfolio
  • Mentor and coach less-experienced portfolio specialist staff and help build talent and grow financial expertise skill base
  • Build and maintain strong relationships with clients, banking and multilateral partners and government officials to develop specific investment opportunities
  • Actively contribute to knowledge management of private sector advisory activities
  • Deal with problem transactions, including handling of restructuring and other issues
  • Provide guidance in the processing of internal documents to seek committee and board approvals

Requirements

  • Master’s degree or equivalent in Finance, Development Economics, Business Administration, or a discipline that is relevant to the financial sector development
  • Six years, minimum, of relevant professional experience in infrastructure, industrialisation and public-private partnerships, preferably within the financial sector
  • Expert knowledge with operations of financial institutions and capital market structures, credit risk management and treasury products
  • International experience and exposure to working in several countries, especially those in Africa
  • Ability to build effective client relationships (internally and externally)
  • Ability to represent the division manger effectively within and outside of the AfDB
  • Proven track record in the structuring of a range of bank products, such as loans, equity, guarantee products and technical assistance
  • Knowledgeable in the structuring and execution of debt and equity
  • Excellent professional written and verbal communications in English or French
  • Competence in the use of standard MS Office applications (Word, Excel, Access, and PowerPoint)

To apply and for more information, click here.

Photo source: Rwanda Government

Facebook
Twitter
LinkedIn
WhatsApp

About the Author