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.
THE COMPLEX:
The Vice-Presidency for Private Sector, Infrastructure and
Industrialization is central to the Bank’s mission of developing the private
sector, improving infrastructure and accelerating industrialization. The
complex main functions are to (i) strengthen the enabling environment for
private sector [and financial sector] development conducive to inclusive growth
and sustainable development, (ii) support the development of reliable and
sustainable infrastructure, including cities and urban development, and (iii)
place renewed emphasis on industrial and trade performance in support of
structural transformation across Africa. The Complex leverages knowledge,
co-financing, and partnerships to attract private capital and work with
governments on delivering the Bank’s development agenda.
THE HIRING
DEPARTMENT/DIVISION
The role of the Bank’s Non-Sovereign Operations and Private
Sector Support Department of the Bank (PINS) is to promote private sector in
Regional Member Countries, ensuring that it plays a central role in laying the
foundations in the development role of the Bank, in line with the Bank’s 10
Year Strategy and HI 5 initiatives.
As part of the PINS Department, the Strategy and
Transaction Support Division is responsible for preparing
strategies, policies, guidelines, and analytical tools relevant to the sector;
it also ensures global client management and undertakes specialized assignments
for the Regions, providing ad hoc advice on transaction bankability,
structuring, Project Modelling and designs and implements technical assistance
for Private Sector operations.
Position title:
Principal Transaction Support Officer
Grade: PL4
Position N°:
50069787
Reference:
ADB/17/345/2
Country: Côte d’Ivoire
THE POSITION:
The main
responsibilities of the position holder are :
Assist origination teams in evaluating the best economic and
financial options and selecting the most appropriate model to optimize use
available financial instruments and legal structures in NS transactions
Develop structured socioeconomic and financial models and
related legal structures to serve as
reference by IOs, in using Bank’s instruments, in response to the evolving
market’s offer ;
Play an interface role and facilitate the team work of the
NSO ecosystem members during the initial phases of projects’ development
Duties and responsibilities
Under the overall guidance and direct supervision of the
Division Manager - Strategy and Transaction
support, the Principal Transaction Support Officer will perform the
following:
1. Draft advisory
notes on the best economic and financial options and the Integrated Transaction
Model, including on prerequisites to mitigate risks and enhance project’s
implementation efficiency.
2. Draft innovative
socioeconomic and financial models for IOs guidance.
3. Contribute to
capacity building trainings for Investment Officers (IOs), and business
partners and other stakeholders when requests are made to the Bank
4. Identify,
Disseminate and communicate best practices.
5. Participate in
due diligence on new products/programmes, conducted by concerned Bank’s
departments.
6. Participate in
NSO Departments missions at their request
Selection Criteria
Including desirable skills, knowledge and experience
1. Hold at least a
Master’s degree (or its university equivalent) in Finance or Economics or related field
2. Professional
certification in chartered finance
3. Have a minimum
of six (06) years of relevant professional experience in the Bank or a similar
institution and/or in strategic consultancy, in particular in business
development and deal structuring.
4. Having public
and public sector exposure will be an added advantage
5. First-hand
knowledge of financial instruments and techniques
6. Strong
experience with Credit enhancement instruments.
7. Sound knowledge
of tailored products (such as guarantees) for sector based investments.
8. Experience with
aggregation and pooling structures for investors
9. Ability to
respond swiftly to new situations and to anticipate new issues;
10. Proven ability
to acquire new skills (particularly in legal, investment, risk capital,
technology and innovative sectors)
11. Capacity to
adapt to the rapidly evolving needs of the Bank’s NSOs ecosystem.
12. Solid
negotiation skills, diplomacy and credibility to deal with internal and
external clients at all levels.
13. Operational
effectiveness
14. Innovation and
creativity
15.
Problem-solving
16. Communication
17. Team working
and relationship
18. Client
Orientation
19. Excellent spoken
and written English or French languages, preferably with a working knowledge of
the other;
20. Competence in
the use of standard Microsoft Office Suite applications; Knowledge of SAP is
advantageous.
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
Do you want this Job? Then click here to apply
Application Deadline
13th of December, 2017
