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 80 member states, including 54
in Africa (Regional Member Countries).
The Bank’s development agenda is delivering the financial and technical
support for transformative projects that will significantly reduce poverty
through inclusive and sustainable economic growth. In order to sharply focus
the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater
developmental impact, five major areas (High 5s), all of which will accelerate
our delivery for Africa, have been identified
for scaling up, namely; energy,
agro-business, industrialization, integration and improving the quality of life
for the people of Africa.
Position
title: Principal Investment Officer, AHWS
Grade:
PL4
Position
N°:
50093750
Reference:
ADB/17/158
Country:
Côte d’Ivoire
THE
COMPLEX:
The Vice Presidency for ‘Agriculture, Human, and
Social Development’ is a Sector Complex focusing on two of the Bank’s Ten Year
Strategy High 5s priority of “Feed Africa” and “Improve Quality of Life for the
People of Africa”. The complex objectives are (i) to develop, policy and
strategy; (ii) provide deep sector expertise to the Regions by gathering pools
of experienced individuals who can be consulted to provide sector expertise on
complex transactions; (iii) develop new financing instruments; (iv) the Vice
President will act as the spokesperson to represent the Bank with external
stakeholders on aspects of “Feed Africa” and Improve Quality of Life for the
People of Africa”.
THE
HIRING DEPARTMENT/DIVISION:
The Water Development and Sanitation Department is
responsible for the coordination of the Bank's water development and
sanitation-related activities to enhance synergies and contribute to
achievement of all High 5s (Light Up and Power Africa, Feed Africa,
Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the
people of Africa). Through its two Divisions: Water Coordination &
Partnership Division, Water Security and Sanitation Division, and the African
Water Facility, the Department supports regional hubs in the development and
promotion of new knowledge, approaches and tools for green and inclusive water
resources development and management, and for improved sanitation. In so doing,
the Department leads the scaling-up of the Bank's contribution to Africa's
efforts to attain water security and sanitation for sustainable socio-economic
transformation.
The Water Security and Sanitation Division works in
tandem with Water Coordination & Partnership Division and the African Water
Facility to provide the Bank thought leadership for water development and
sanitation in Africa. The Department, and the Water Security and Sanitation
Division play a lead role in supporting Africa to attain water security through
the provision of technical expertise, generation and dissemination of pertinent
sector knowledge and fostering strategic partnerships. Specifically, in line
with the mandate of the Department, the Water Security and Sanitation Division
provides guidance in the following thematic areas, among others: (i) Integrated
& Transboundary Water Resources Development and Management for Water
Security; (ii) Water Supply for All; (iii) Sanitation for All; and, (iv) Water
Sector Governance; as well as the cross-cutting areas including gender, climate
change, private sector engagement and fragility.
THE
POSITION:
The Principal Investment Officer, reporting to the
Manager Water Security and Sanitation Division, is responsible for ensuring
thought leadership and providing operational support in regard to appropriate
financing modalities and amounts for water security (including water supply and
sanitation, environmental health, water for agriculture, electricity,
industrialization and regional cooperation).
Liaising with global and regional-level
stakeholders, and maintaining close collaboration with regional hubs and other
water-related complexes in the Bank, the purpose of this job is to develop
pertinent knowledge and provide technical guidance, expertise and strategic
direction on investing and financing sustainable and affordable water supply
and sanitation systems and approaches in both rural and urban areas, with a
special focus on urban areas.
In so doing, the position will contribute to the
attainment of the continent’s water supply agenda and related objectives of
Sustainable Development Goals (SDGs) including attaining water for all and
ensuring sustainable and viable water systems towards improved quality of life
for the people of Africa.
Duties
and responsibilities
Under the overall supervision of the Manager Water
Security and Sanitation Division, the incumbent will be responsible for the
following:
Implement the action plan of the Water Development
and Sanitation department, including Water Supply for All and Sanitation for All, by promoting new
financing innovative products, and
mobilising new sources of financing;
Set objectives, formulate policies, establish
priorities, define and monitor the key performance indicators for water sector
development and sanitation financing;
Provide technical oversight to develop innovative
vehicles for water sector financing, and provide technical assistance to
investment funds and other non-banking financial institutions that offer equity
and debts to water utilities;
Work closely with the Bank’s private sector and
financial inclusion departments to partner with relevant financial and
non-financial institutions for the development and financing of public private
partnership in the water sector;
Assist regional members countries and task managers
in the identification, preparation and appraisal of water development and
sanitation financing for country operations;
Enhance project implementation quality, timeliness
and integrity through developing and implementing controls that minimize
slippages;
Develop and implement performance monitoring and
evaluation systems and reporting activities (including key performance
indicators) to enable transparent assessment of water development and
sanitation financing outcomes and impacts, both for internal and external
circulation;
Drive new business development and resource
mobilization for water development and sanitation financing with relevant
departments of the Bank as well as sovereign, multilateral, bilateral,
financial institution and private sector partners;
Establish synergies between the Bank’s various
initiatives in the water sector with the Bank’s other flagship programmes;
Establish and maintain strategic collaboration with
relevant partners in the area of water development and sanitation financing for
the sector;
Organize water development and sanitation financing
seminars, make presentations, and represent the Bank in relevant events;
Identify non sovereign operations to support
attainment of water sector related SDGs;
Contribute to complex project identification,
preparation and appraisal for Bank Group financing;
Evaluate, structure, negotiate, and close
transactions for water development and sanitation
Mobilize innovative initiatives to close financing
gaps for the development of major water/sanitation operations;
Provide support and expertize to regional
directorates for non-sovereign operations in the water development and
sanitation;
Partner with water utilities and financial
institutions to finance operations in the sector
Monitor and report on the implementation of the new
initiatives to financing and their contribution to meet the water/sanitation
related SDGs.
Define and monitor a set of impact indicators
particularly around development impact and job creation for women and youth;
Formulate alliance strategies with actors along
innovative financing of water development and sanitation service delivery with
a particular focus on public private partnerships (at the country and continent
level) to engage stakeholders in alignment of sustainable socio-economic
development goals;
Agree upon follow-up arrangements for project
designs and technical assistance for implementation upon consultation with
concerned African Development Bank country offices;
Support review all reports and papers prepared by
other technical staff and give appropriate guidance.
Selection Criteria
Including
desirable skills, knowledge and experience
1. Hold
at least a Master's or equivalent degree in Business, or Development Finance,
Economics, or related field; relevant qualification in investment appraisal and
project finance is a plus.
2. Have a
minimum of six (6) years of investment finance experience, with track record in
investment structuring and project finance. In addition, good command of
undertaking comprehensive due diligence, including financial and economic
analysis of clients (financial institutions, medium and larger enterprises);
3. Good
working experience with, or working knowledge of, multilateral or bilateral
development agencies;
4.
Experience of Multi-lateral development banks (or similar financing
institutions) and their operations in terms of private and/or public sector
project development and implementation process.
5.
Experience with a broad range of financing and implementation modalities
including but not limited to budget support, loans, equity, partial credit risk
guarantees, results-based finance, Public Private Partnerships including
Design-Build-Operate.
6.
Competencies in strategy development and implementation.
7. Very
good understanding of Finance and business, especially utility financing
issues, trends and opportunities in Africa;
8.
Recognized ability to identify and articulate finance, corporate finance
and project finance issues and to provide sound advice;
9.
Demonstrated ability to think strategically, and to prepare, analyze,
review and disseminate knowledge products with easy uptake and that add value
in financing water development and sanitation;
10. Client
orientation - Anticipates and identifies client needs and business trends and
proactively consults with them to deliver integrated, customized solutions;
11. Ability
to communicate effectively (written and oral) in English or French. A working
knowledge of the other will be an asset.
12.
Competence in the use of standard Microsoft Office applications (Word,
Excel, Access, PowerPoint); knowledge of SAP is desirable.
THIS
POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS
AND CONDITIONS OF EMPLOYMENT.
Should you encounter technical difficulties in
submitting your application, please send an email with a precise description of
the issue and/or a screenshot showing the problem, to: HR Direct
HRDirect@AFDB.ORG
How
to Apply
Interested persons should click here to apply
Application
Closing Date
Applications should be submitted on or before 13th
October, 2017
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