Recent Job Openings at African Development Bank Group (AfDB

African Development Bank Group (AfDB) – 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.

We are recruiting to fill the position below:

Job Title: Chief Corporate Governance and Shareholder Relations Officer

Reference: ADB/17/327/2
Location: Côte d’Ivoire
Grade: PL3
Position N°: 50093594

The Complex

• The President, plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund.
• The President supervises several Departments and Units including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Directorate;  General Counsel and Legal Services Department; Communication and External Relations Department; Staff Integrity and Ethics Office  and Office of the Secretary General & General Secretariat.

The Hiring Department
The role of the Banks’ Office of the Secretary General and the General Secretariat is to facilitate the delivery of the objectives of the Bank’s Ten Year Strategy, High 5s, and Development and Business Delivery Model by enhancing the decision-making process of the governance organs and forging better working relationships with the shareholders and host countries of the Bank. The Secretary General and the General Secretariat  is comprised of:

• The Immediate Office of the Secretary General which has the additional responsibility of managing the Records Management and Archives Section and the Corporate Governance Policy and Shareholder Relations Section;
• Board Affairs and Proceedings Division;
• Protocol, Privileges and Immunities Division; and
• Conferences and Meetings Division.

The Position

• The Chief Corporate Governance and Shareholder Relations Officer leads the Corporate Governance Policy Coordination and Shareholder Relations Section whose major objectives are to serve as the focal point for expertise on corporate governance matters in the Office of the Secretary General and the General Secretariat; and assist the Secretary General in managing the Bank’s relationship with its shareholders and other international development finance institutions.

Duties and Responsibilities
Under the supervision and guidance of the Secretary General, the Chief Corporate Governance and Shareholder Relations Officer will:

• Serve as the focal person on corporate governance matters and, in this respect:
  • Lead the development, adoption and implementation of best practice policies in corporate governance for the Bank;
  • Research, analyze and draft publishable articles on current trends in corporate governance and their implications for the work of the Bank;
  • Coordinate the drafting of, and as appropriate revisions to, terms of reference for the subsidiary organs of the Board of Governors and Board of Directors;
  • Stay abreast of current governance practices in other international financial institutions and, as appropriate, propose improvements to the Boards’: (i) approval processes and procedures; and (ii) overall effectiveness and efficiency;
  • Conceive and coordinate capacity building initiatives for new knowledge areas in corporate governance for the benefit of Board of Directors and their Advisers as well as members of Senior Management;
  • Liaising with Complexes and Departments on appropriate knowledge areas to enhance the work of the Board of Directors;
  • Contribute to the drafting of the Bank Group Annual Report;
• Assist the Secretary General in managing the Bank’s relationship with its shareholders and other international development finance institutions and, in this respect:
  • Establish and maintain relationships with focal persons in member countries and partner institutions;
  • Liaise with said focal persons to prepare major meetings and accompany the Secretary General to those meetings when requested;
  • Coordinate the review and preparation of responses to all official correspondence;
  • Serve as focal point for the Office of the Secretary General and the General Secretariat’ collaboration with the corporate secretariats of other international financial institutions;
• Perform any other tasks assigned by the Secretary General, including preparing Flash reports for Board meetings.

Selection Criteria
Including desirable skills, knowledge and experience

• Hold at least a Master’s Degree or its equivalent in Corporate Governance, Economics, Management, Corporate Law, or related fields;
• Have a minimum of seven (7) years relevant professional experience in a Multilateral Development Bank or similar institution;
• Excellent understanding of corporate governance issues in international financial institutions;
• Having private sector experience will be an added advantage.
• Effective research, analytic and writing capabilities;
• Good understanding of multilateral development institutions group policies, strategies and operational issues.
• Demonstrated experience on issues related to Board effectiveness;
• Very good interpersonal relations and facilitation skills;
• Ability to work under pressure, prioritize work programs, and handle multiple tasks simultaneously;
• Ability to work effectively with other technical and management professionals of diverse occupational and cultural backgrounds in a cooperative team environment;
• Excellent negotiating skills and demonstrated ability to present and win support for ideas; a good listener; high level of integrity, discretion and confidentiality;
• Ability to develop and conduct training plans;
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other;
• Competence in the use of standard Microsoft Office Suite applications (Word, Excel, Access and Power Point); knowledge of SAP (or other integrated document management system or quantitative and qualitative data analysis packages is an added advantage.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Principal Protocol and Events Management Officer

Reference: ADB/17/322/2
Location: South Africa
Grade: PL4
Position N°: 50093717

The Complex

• The President, plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund.
• The President supervises several Departments and Units including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Directorate; General Counsel and Legal Services Department; Communication and External Relations Department; Staff Integrity and Ethics Office and Office of the Secretary General & General Secretariat.

The Hiring Department

• The role of the Banks’ Office of the Secretary General and the General Secretariat is to facilitate the delivery of the objectives of the Bank’s Ten Year Strategy, High 5s, and Development and Business Delivery Model by enhancing the decision-making process of the governance organs and forging better working relationships with the shareholders and host countries of the Bank.
• The Secretary General and the General Secretariat is comprised of:
  • The Immediate Office of the Secretary General which has the additional responsibility of managing the Records Management and Archives Section and the Corporate Governance Policy and Shareholder Relations Section;
  • A Board Affairs and Proceedings Division;
  • A Protocol, Privileges and Immunities Division; and
  • A Conferences and Meetings Division.
• The main functions of the Protocol, Privileges and Immunities Division and Diplomatic Missions consist of providing protocol services and managing relations with the Bank Group Headquarters or Country Office host countries as well as diplomatic missions.

The Position

• The purpose of the Principal Protocol and Event Management Officer is to assist the Director General in providing protocol assistance for the President of the Bank, Elected Officers, Senior Management and Special Guests when visiting countries covered by the regional hub and monitor the implementation of the Agreements establishing the regional hub as well as the immunities, privileges and exemptions extended to the Country Offices in the region and staff;

Duties and Responsibilities
Under the supervision and guidance of the Chief Protocol Officer Privileges & Immunities and Diplomatic Missions, the Principal Protocol and Events Management Officer will:

• Provide Protocol services for the President of the Bank, in particular by assisting the President at the airport, accompanying him on missions; ensuring protocol coverage of his official activities, such as meetings, lunches, dinners, high-level visits, etc.;
• Provide Protocol services for Elected Officers, Senior Management and Special Guests, in particular by assisting them at the airport, during their visits to the host country and as necessary during the Bank’s Annual Meetings;
• Assist the Country Office Manager in carrying out his/her representation functions, in particular as they apply to the planning, organization, management, coordination and supervision of the Bank’s relations with the host country;
• Prepare draft documents, memoranda, all notes verbal or correspondence relating to his /her duties and generally in all tasks entrusted to him/her by the Director of the Country Office;
• Monitor the implementation of the Agreement establishing the regional hub as well as the immunities, privileges and exemptions extended to the Country Offices in the region and staff;
• Formulate, transmit and follow up, in conjunction with the competent host country authorities, requests for tax exemption, long-stay visas, diplomatic and international organization cards, vehicle registration and Value Added Tax exoneration, and administer and follow up dossiers for presentation of newly recruited staff to host country authorities;
• Handle and follow up any diplomatic disputes arising out of the application of the Host Country Agreements, in close collaboration with the Legal Services Department ;
• Coordinate with the Bank Security Unit, all activities pertaining to the security of the Country Offices and staff and prepare reports as necessary; represent the Bank in meetings with the host country authorities (mainly Ministry of Foreign Affairs) concerning security of diplomatic missions and international organizations;
• Assist the Country Offices and staff with matters relating to immunities, privileges and exemptions, and related administrative formalities and processes;
• Prepare and participate in meetings organized by the host country’s Ministry of Foreign Affairs on management of privileges and immunities granted to the Bank and its staff;
• Manage ceremonies and events of the Bank, including, but not limited to, loan, guarantee or grant agreement signing ceremonies, and all other meetings, conferences and events organized or sponsored by the Bank in the host country;
• Manage visits by high-level guests of the Bank in the host country;
• Manage relations between the Bank and foreign diplomatic representations to facilitate travel of Bank staff and their dependents for official missions or private travel;
• Manage relations between the Bank and other international organizations, particularly in planning for the participation of the President and Bank delegations in high-level meetings;
• Perform related duties assigned by the Director of the regional hub, the Division Manager or the Secretary General.

Selection Criteria
Including desirable skills, knowledge and experience:

• Hold at least a Master’s degree or its equivalent in Public International Law or equivalent qualification in International Relations, Political Science, Diplomacy or a similar or related field.
• Have a minimum of six (6) years professional experience holding a diplomatic position or a similar position in a multilateral development bank, Government or an international organization.
• The job holder should also have a sound experience in ceremony and event management.
• Experience in public administration and law, planning and organization of high level meetings and events management.
• Excellent communication skills, good analytical and negotiation skills. A keen sense of initiative and anticipation as well as creativeness, rigorous and methodical approach.
• Having private sector experience will be an added advantage.
• A good knowledge of diplomatic norms and practices
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
• Competence in the use of standard Microsoft Office Suite applications (Word, Excel, Access and Power Point); knowledge of SAP (or other integrated document management system or quantitative and qualitative data analysis packages) is an added advantage.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Chief Financial Analyst
Reference: ADB/17/525/2
Location: Côte d’Ivoire
Grade: PL3
Position N°: 50000926

The Complex

• The Vice Presidency for Finance oversees the financial management of the Bank. This encompasses the Bank’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization, the strengthening of the non-statutory financial resources and instruments; and the overall asset/liability management for the Bank.
• The Vice Presidency for Finance is also responsible syndications, co-financing as well as the innovation, development and marketing of the Bank’s financial products and services. In addition, the Administrator of the Staff Retirement Plan reports to the Vice-President Finance.

The HIRing Department/Division

• The Syndication, Co-Financing and Client Solutions Department is responsible for the design and introduction of new financial products as well as the provision of structured finance solutions to the Bank’s clients. 
• The Department is also responsible for the syndication and co-financing of all the Bank’s transactions including but not limited to balance sheet management through secondary market sales and securitization of the Bank’s asset portfolio.
• The Client Solutions Division (the “Division”) has primary responsibility for the innovation, development and marketing / dissemination of the Bank Group’s financial products as well as its local currency funding operations.
• The Division also provides financial technical expertise and advisory services on project teams supporting task managers and investment officers in originating, structuring, appraising, negotiating, restructuring, secondary sales and closing of transactions.
• The Division has the additional responsibility for the lending rate management of the Bank and in assisting Bank clients’ to manage market related risk through derivative based hedging solutions.

The Position

• Reporting to the Division Manager, the Chief Financial Analyst will be part of a team of finance specialists providing financial solutions and specific finance expertise in support of investments across all sectors and regional member countries of the Bank.
• S/He will develop, structure and implement innovative financial solutions, develop new products and deploy a range of Bank products to attract financing from the private sector.
• This will include, but not limited to, activities related to the deployment of the Bank’s Guarantee Program.

Duties and Responsibilities
Under the overall supervision and guidance of the Division Manager, the Chief Financial Analyst will perform the following:

• Development and Marketing of Financial Products:
• Design and implement new and/or enhanced financial products for financing, leverage of Bank capital and risk management.
• Lead the design of new guarantee approaches and/or financial instruments to meet the changing needs of  commercial lenders and institutional investors.
• Support the general dissemination and implementation of the Bank’s financial products.  This involves developing and delivering training, marketing and communication modules, helping to resolve important funding and risk management issues, and applying a broad knowledge of  financial markets and operational issues of each product to ensure high quality outcomes for the Bank and its clients.
• Identify sources of risks in the Bank’s lending products and develop processes to assess and mitigate such risks and in addition provide technical support to borrowers in identifying, monitoring and managing risks arising from the implementation of the lending products.
• Coordinate the development of relevant pricing methodologies for new products and assess their impact  on relevant financial, risk management and lending policies.
• Write product specification, technical guidelines and implementation modalities for the Bank’s financial products.
• Monitor the performance of products and services, and where necessary, analyze, develop and implement changes to existing product range to ensure that they continue to adequately meet borrower needs.
• Provide financial advisory and technical services including debt management and an understanding of Bank products and financial services.
• Share experiences and exchange information with similar Divisions in other MDBs and keep abreast of financial innovation that can help the Bank’s borrowers. In addition, monitor economic and political trends in the international capital and money markets, and assess their impact on the Bank’s borrowing terms and conditions.

Financial Solutions, Advisory and Finance Technical Expert Support:

• Provide financial technical expertise and advisory services on project teams in originating, structuring, appraising, negotiating, restructuring, secondary sales and closing of transactions in various sectors utilizing the breadth of available instruments.
• Provide technical support and financial expert advice to operational staff that assist borrowers in making decisions on the choice of the lending products and the packaging of loans consistent with their financial and economic circumstances.
• Review and negotiate project documentation, including mandate letters, term sheets, loan and common term agreements.
• Lead the Divisions interventions in supporting task managers developing guarantee transactions (for e.g. but not limited to infrastructure projects and capital market financings), including support during upstream preparation, structuring, negotiation, and closing of the transactions. Draft, as appropriate, project related documentation, including guarantee term-sheets and in collaboration with legal counsel, finalize the terms and condition of Bank’s support. Contribute to the operational documents and provide support for internal processing, review transaction agreements, and coordinate across project components with other team members.
• Support task managers to design of appropriate structures and solutions to meet the growing and evolving needs of clients.
• Assist in formulating regional country member policy for the choice of financing terms.
• Assist Bank clients’ in their debt management strategies through the design of customized derivative based hedging solutions.

Domestic Capital Markets Funding:

• Assist in Bank’s initiative to issue domestic bonds in African Capital markets and on-lend to projects.
• Manage the process of local currency papers preparation to seek approval to designate specific regional member countries’ currencies as approved lending currencies of the Bank and thereafter establish medium term note programs in the underlying countries.
• Lead the development of local currency funding strategies for Bank projects utilizing domestic bond issuance, cross currency swaps or synthetic derivative structures.
• Design structured transactions (partial credit guarantees, securitizations, credit enhancements, and risk sharing facilities) to assist clients mobilize local currency in domestic capital markets or through syndicated loan structures or commercial lenders.

Contributing to the development and adaptation of financial policies and programmes:

• Support the Management of the Division on various matters that relate to policy, strategic issues and project interventions.
• Participate and represent the Division as a key member of all the Asset and Liability Management Committee working groups and in technical working groups.

People Management:

• Mentor Financial Analysts in the Division to market, design and develop investment and policy operations of the Bank that are intended to mobilize private sector capital.
• Promote and support personal development of staff in the Division, by helping to establishing knowledge sharing and training programs to keep the team abreast of new finance concepts and techniques.

Selection Criteria
Including desirable skills, knowledge and experience

• Hold at least a Master’s Degree (or its equivalent) in Finance / Banking, Business Administration, Economics, Accounting or related discipline.
• A professional qualification in one of the aforementioned fields.
• Have a minimum of seven (7) years of relevant professional experience with good market knowledge – particularly in relation to transaction structures, products, fixed income, derivatives, equity, African capital markets, due diligence, financial analysis of project finance and corporate finance lending and equity investments, risk management instruments.
• A Chartered Financial Analyst (CFA) charter holder or an International Capital Markets Association certification will be a plus.
• Strong background in investment and development banking with experience in working with private sector projects, state owned entities, utilities/infrastructure authorities and government.
• Finance – Working knowledge of a range of financing alternatives and financial instruments; can conduct a range of financial analyses.
• Knowledge of market instruments and market sources of financing (sovereign bond financing, municipal/sub-sovereign financing, syndicated lending/infrastructure finance), other sources of financing (e.g., other IFIs, export credit agencies, concessionary bilateral financing, etc.); and risk management/hedging products (e.g., swaps, forwards, futures, options, etc.).
• Knowledge of fund raising and on-lending activities in developing capital markets, particularly in Africa.
• A full understanding of the capital markets and demonstrated understanding of project finance and the use of risk mitigation instruments to catalyze private capital.
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
• Good knowledge of the use of standard software (Word, Excel, Access, PowerPoint, and web tools).
• Treasury Systems – Summit, Reuters and Bloomberg applications

How to Apply
Interested and qualified candidates should:
Click here to apply online

Deadline: 9th March, 2018.