Deadline: 6 December 2015
African Development Bank (AfDB) is currently seeking applications from the eligible applicants for the post of Principal Investment Officer / Senior Investment Officer in Africa.
The Financial Institutions Division (OFSD.1) of OFSD focuses on supporting FIs to on-lend to infrastructure, agribusiness, and women businesses, SMEs, etc.
The mission of AfDB is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.
Key Jobs Responsibilities
The Principal Investment Officer / Senior Investment Officer will perform the following functions-
- Participating in or leading the preliminary evaluation of both lending and non-lending projects.
- This involves the initial screening of project applications, carrying out of desk reviews and evaluation of feasibility studies, preparing preliminary evaluation notes for presentation to the Department Management Team and more detailed project concept notes to obtain concept clearance for full appraisal or fact-finding missions.
- Participating in or leading the planning and execution of appraisal and fact-finding missions.
- This includes developing terms of reference for the mission and for short-term consultants to be engaged for the mission, coordinating the work of the mission team which usually includes professional staff from other departments within the Bank, and carrying out independent research.
- The work also includes assessing the risks of projects and advising on appropriate structure or conducting preliminary negotiations with sponsors.
- Ensuring that all conditions precedent has been fulfilled on a timely basis and all fees are billed and collected from clients.
- Developing relationships within the Bank and with other institutions involved in financial markets development; represent the Bank at and participate in seminars, workshops and conferences dealing with financial markets issues.
- Playing an active role in coaching and mentoring more junior investment officers.
- Assist in integrity due diligence for potential clients.
- Maintaining knowledge of African financial markets & transaction structuring and provide market intelligence.
Eligibility Criteria
Applicants must have-
- Minimum of a Master’s degree or its equivalent in Development Economics, or any other discipline that is relevant to the operations of the Bank; strong knowledge of socio-economic development issues and policies of African countries.
- A minimum of six (6) years of relevant professional experience for PL-4 grade level and a minimum of five (5) years for PL-5 grade level.
- Demonstrated good knowledge of RMCs or developing economies, the capacity of conceptual and strategic analysis, and good command of undertaking comprehensive due diligence including financial analysis of financial institutions, including banks, non-bank financial institutions and private equity funds.
- Demonstrated good knowledge of applying a variety of financial intermediation instruments such as debt, equity, guarantees, and other complex financial deal structuring.
- Ability to identify possible shortcomings of client (financial) institutions and to propose solutions, formulated through detailed technical assistance proposals.
- Capacity to conduct independent research and analyses, identify problems, propose solutions, and make recommendations to Management.
- Capacity to prepare reports and documents. Capacity to present and defend the consistency of proposed programs and projects. Capacity to work within specified time limits.
- Strong interpersonal skills and ability to interact directly and independently with senior management of potential clients, financial and technical partners, and government officials, and colleagues from various cultural backgrounds.
- Excellent communication skills to support and guide more junior investment officers.
- Ability to communicate and write effectively in French and/or English. Capabilities in both languages will be an asset.
- Competence in the use of standard MS office applications (Word, Excel, Access, and PowerPoint)
- Nationality of one of AfDB member countries.
.How to Apply
Applicants must submit their application through online process.
For more information, please visit AfDB.
