Deadline: 26 February, 2021
Location: Abidjan, Ivory Coast
African Development Bank (AfDB) is seeking to fill the role of Principal Structuring and Modelling Officer.
AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs).
Responsibilities
- Draft structuring opinions, present proposed solutions for investments under consideration, and clarify the pros and cons of diverse structuring options
- Review legal and financial terms of potential investments and transaction
- Provide structuring guidance to investment officers through active engagement in the presentation to clients/sponsors of financing proposals, negotiation of financing mandates, emphasising the benefits of loan syndication and co-financing services
- Build, when necessary, financial or economic models for the bank’s transactions
- Assist in analyzing, understanding and acquainting with financial and economic models prepared by other stakeholders, including project sponsors/owners
- Determine the appropriate conversion factors for linking the socio-economic constraints and financial cash flows in the models
- Audit financial and economic models provided by project sponsors and/or other lenders
- Conduct sensitivity analysis on financial models in line with the bank’s credit risk policy and guidelines
- Perform impairment analysis by building, and explaining the models that affect the IFRS9 expected loss calculation
- Prepare training material and organise/deliver training sessions for investment officers, task managers, IAMT and other AfDB staff
Requirements
- Master’s degree in Engineering, Finance or Economics
- Six years, minimum, of relevant professional experience in the bank or a similar institution and/or in strategic consultancy, business development, legal and transaction structuring
- Experience in an investment boutique or top advisory firm will be a strong asset
- Strong knowledge of tailored transaction structuring options for sector-based investments
- Strong experience in investment appraisal, project finance, and/or corporate finance as well as valuation
- Experience in finance, accounting and financial cash-flow modelling
- Proven ability to acquire new skills (particularly in legal, investment, risk capital, technology and innovative sectors)
- Proven ability to integrate social, environmental and economic indicators into project spreadsheets
- Capacity to adapt to the rapidly evolving needs of the bank’s non-sovereign operations ecosystem
- Knowledge of international economic development issues will be an asset
- Sense of initiative and innovation in proposing solutions to client needs
- Ability to respond swiftly to new situations and to anticipate new issues
- Familiarity with loss forecasting models and ability to understand and explain advanced and complex calculations
- Ability to communicate effectively (written and spoken) in English or French
- Competence in the use of bank standard software (Word, Excel, Access, PowerPoint)
- Knowledge of SAP is desirable
- Professional qualification (CFA, ACA, ACCA) will be a strong plus
- Expected loss calculation experience
- IFRS9 exposure (highly desirable)
To apply and for more information, click here.
Photo source: AfDB
