Apply: AfDB Principal Portfolio Management Officer

Deadline: 23 February, 2022

Location: Abidjan, Ivory Coast

The African Development Bank (AfDB) is seeking to fill the role of Principal Portfolio Management Officer.

AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

Responsibilities

  • Monitor assigned NSO project progress through field visits (once a year, minimum) and prepare relevant reports for submission to senior management
  • Review periodic reports including, but not limited to, quarterly, half-yearly, and annual operational, technical, environmental and financial reports of assigned projects
  • Lead the review of facility disbursement/utilisation, performance, restructuring and waiver and consent requests from clients, and coordinate the preparation, submission of requests from the clients to internal approving authorities
  • As a member of the project appraisal team on new transactions, share lessons learnt from current portfolio with a view to improving the design, preparation and implementation of projects to strengthen the quality of the portfolio at entry
  • Monitor the impact of the operating environment on assigned projects under implementation and alert management on any material potential risks that may arise and impact the portfolio
  • Monitor the adequacy of the level of provisions for the assigned portfolio, and recommend its adequacy or adjustment, as necessary
  • Lead analytical work on portfolio trends, drivers of investment returns, and draw and share lessons from the portfolio analysis
  • Monitor performance of the assigned portfolio with particular focus on compliance with covenants, arrears monitoring, updating of collateral register, rating of projects and non-performing loans, and prepare recommendations for senior management’s consideration
  • Assist in the implementation of internal and external audit recommendations related to portfolio management
  • Contribute to the development of medium and long-term strategies and action plans to improve the quality of the bank’s NSO portfolio
  • Perform any other ad hoc assignments relating to NSO portfolio management as required by the division manager or any other immediate supervisor

Requirements

  • Master’s degree in Finance, Accounting Business, Engineering, Economics or a related field
  • Six years, minimum, of relevant experience in corporate portfolio management in Africa/emerging markets, with proven record of accomplishment
  • Experience and comprehensive knowledge of private-sector investment and portfolio management techniques
  • Good knowledge of corporate and project finance prerequisites and familiarity with finance and project documents will be an advantage
  • On-hand exposure to financial analysis, with strong command of related modelling tools
  • Good knowledge of relevant strategies, policies, procedures and practices of development finance institutions will be an added advantage
  • Ability to effectively plan, direct, organise and administer diverse activities, to ensure effective delivery of work programme
  • Proven interpersonal skills demonstrated by the ability to work in a multicultural, multiethnic environment, with sensitivity and respect for diversity and the ability to build trust and provide leadership to different team members
  • Ability to communicate effectively (written and oral) in English or French
  • Competence in the use of bank-standard software (SAP, Word, Excel, PowerPoint)

To apply and for more information, click here.

Photo source: Heinrich Böll Stiftung

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