Treasury Officer – FTRY Vacancy at African Development Bank (AfDB)

African Development Bank (AfDB) established to strengthen dialogue
between the Bank and the Government, is recruiting to fill the below
position:


Job Title: Treasury Officer – FTRY

Reference: ADB/15/140
Location: Nigeria
Grade: PL5
Position N°: 50078366

Objectives
The role of the Capital Markets and Financial Operations Division
(FTRY.1) is to: (1) Raise cost effective resources from the capital
markets; (2) Contribute to the Capital Increases process and administer
the subscriptions of shareholders to the capital of the African
Development Bank (ADB); and (3) Contribute to the ADF replenishment
negotiations and administer the subscriptions of donors to the African
Development Fund (ADF) and Multilateral Debt Relief Initiative.

Duties and Responsibilities
Under the general supervision of the Division Manager, FTRY.1, the incumbent will carry out the following functions, namely:

Implementation of the borrowing program and management of liability:

• Monitor bond markets through various information sources including Bloomberg;
• Participate in the investors relations program to deepen and
  widen the Bank’s investor base, updating them on the Bank’s credit
  story;
• Update the Bank’s borrowing documentation including the GDIF
  (Global Debt Issuance Facility) and GIS (Global Information Statement).
• Contribute to all stages of the borrowing process;
• Prepare the annual borrowing program;
• Identify and develop strategies for relevant products or markets;
• Source, analyse, price, negotiate and execute borrowing,
  derivatives, buyback trades and other liability management transactions;
• Manage relationships with banks and maintain constant flow of
  discussions on bond markets developments and a proactive and
  comprehensive coverage across markets and instruments;
• Draft, negotiate and finalize the technical documents required to launch new bond issues;

Administer resources and subscriptions of the ADB, ADF and Multilateral Debt Relief Initiative (MDRI):

• Provide advice to the Manager on issues related to the administration of subscriptions;
• Prepare financial notes, briefs and status reports.
• Advise shareholders and internal parties on key issues related to their subscriptions;
• Implement the relevant resolutions of capital increases, ADF replenishments and MDRI;
• Draft and prepare technical papers;
• Review and control documents related to the implementation of the ADB, ADF resolutions and MDRI;
• Administrative management of subscriptions, contributions, payments and encashments;
• Prepare the voting powers;
• Work on the improvement / establishment of automated systems for the management of subscriptions and contributions;

Participate in the Bank’s credit rating review process:

• Contribute to the annual rating review process with Credit Rating Agencies;
• Participate in the review of the Bank’s financial policies;
• Provide advice to the Manager on issues pertaining to financial policies;
• Prepare the Bank’s Financial Presentation booklet;
• Prepare the administrative hedge of the Bank’s capital.

Selection Criteria
Including desirable skills, knowledge and experience:

• A minimum of a Master’s degree in Finance, Economics, Statistics or related quantitative discipline;
• Ability to work effectively with in a multi-cultural environment;
• Command of standard computer software applications such as Word, Excel, PowerPoint;
• Knowledge of Bloomberg, Summit/Numerix would be an advantage;
• Excellent written and verbal communication skills in English and
  / or French with a good working knowledge of the other language.
• A minimum of five years (5) of relevant professional experience in international Capital Markets, fixed income markets;
• Ability to cope with multiple demands and competing priorities;
• Ability to bring together people with complementary skills to ensure a project’s success;
• Ability to take ownership for projects and ensuring that output is of the highest quality and delivered in a timely manner;
• Very strong working knowledge of derivative products;
• Ability to write clear, convincing and well-structured business documents and reports;
• Excellent knowledge and understanding of financial instruments,
  particularly bonds, derivatives, structured products, and risk
  management concepts;

How to Apply

Click here to apply online
 
Deadline  21st October, 2015