Apply: AfDB Principal Portfolio Officer

By Managing Editor
May 22, 2023

Deadline: 16 June, 2023

Location: Cairo, Egypt

The African Development Bank (AfDB) has announced a call for applications for the role of Division Manager, Microeconomic, Institutional and Development Impact Division.

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 81 member states, including 54 in Africa (Regional Member Countries).

Responsibilities

Monitor assigned NSO project progress through field visits (at least once a year)
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 (to seek and obtain necessary credit and other approvals)
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
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

Requirements

Master’s degree in Finance, Accounting Business, Engineering, Economics or a related fields
Six years, minimum, of relevant experience in corporate portfolio management in Africa/emerging markets, with a 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 a 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
Proven interpersonal skills demonstrated by the ability to work in a multicultural, multi-ethnic 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.