African Development Bank (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: Senior Treasury Risk Officer
Reference: ADB/17/300
Location: Côte d’Ivoire
Grade: PL5
Position N°: 50070279
The Complex

The Vice-Presidency for Finance oversees the financial management of the Bank Group.
This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.

The Hiring Department

The overall objective of the Financial Management Department is to safeguard and improve the Bank Group’s risk bearing capacity while looking to optimize efficiency to benefit clients, shareholders and staff.
The role of the Treasury Risk Management Division is the management and reporting of treasury risk and the oversight of treasury activities that enable the Bank to make informed and profitable investment and borrowing decisions thereby preserving capital, optimizing profitability and maintaining a strong credit rating.
The Division’s objectives are to:
Identify, measure, monitor and mitigate market and credit risks in the Bank’s Treasury operations;
Ensure the timely reporting of the Treasury Department’s borrowing and investment activities;
Build an efficient control framework to ensure the adherence to the Bank’s policies, Assets and Liabilities Management (ALM) guidelines and to International Financial Reporting Standards (IFRS);
Provide efficient information systems and analytical support tools to the Treasury Department to improve the decision-making process.

The Position

Under the supervision of the Division Manager, the Senior Treasury Risk Officer is responsible for compliance monitoring and risk reporting of treasury activities, market and counterparty credit risk exposures and the provision of related treasury risk expertise in support of the overall risk management activities if the Bank Group.

Duties and Responsibilities
The Senior Treasury Risk Officer will:

Monitor and report on the transaction compliance, market and counterparty credit risk exposures related to the Bank Group’s Treasury activities and review the quality and accuracy of daily and weekly reports produced by Treasury Risk Assistants.
Verify market and credit database integrity by doing recurrent checks with financial data providers.
Analyze complex or recurrent issues on fair valuations and Profits and Losses (P&L) calculations on Treasury Portfolios, including Investment, Borrowing and Derivatives transactions of the Bank Group.
Ensure an efficient control and risk management framework on treasury capital market activities and contribute to its improvement.
Participate in the design and implementation of decision support tools that improve the efficiency of treasury investment and liability activities and related risk management. Maintain evolving treasury systems data requirement.
Participate to the negotiation and review of ISDA/CSA and GMRA agreements to ensure an adequate legal framework for treasury operations.
Provide support to Treasury Divisions for transaction and risk analysis.
Contribute to the confirmation of offering memorandums, pricing supplements and swap agreements for Treasury activities.
Perform other duties as assigned by immediate supervisor.

Selection Criteria
Including Desirable Skills, Knowledge and Experience

Hold at least a Master’s Degree or its equivalent in Business Administration, Finance, Banking.
Professional certification in Risk and/or Finance such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), Chartered Financial Analyst (CFA) or Certificate in Quantitative Finance (CQF) will be an advantage.
Have a minimum of five (5) years of relevant professional experience in International Financial Institutions or Investment Banks, with a large scope of treasury or fixed income activities. Working experience in Fixed Income and Derivatives front-office, middle-office or risk management departments will be an advantage.
Having private sector experience will be an added advantage.
Communication; Client orientation; Team working and relationships; Operational effectiveness.
Analytical and numerical skills with a good eye for detail.
Ability to cope under pressure with strong planning and organization skills.
Demonstrated knowledge and experience of financial and/or risk reporting.
Ability to work autonomously as well as part of a multicultural team.
Proficient in use of standard MS Office software especially Excel.
Experience in using Summit, Bloomberg, Reuters, Numerix or MSCI Credit Manager software, as well as a knowledge of light programming or database languages like Excel VBA, SQL or C++ would be an advantage.
Ability to communicate effectively (written and oral) in English or French preferably with a working knowledge of the other language.

Job Title: Country Programme Coordinator
Reference: ADB/17/370
Location: Côte d’Ivoire
Grade: PL5
Position N°: 50093571
The Complex

The Bank has reorganized and is developing the Regional Development, Integration and Business Delivery Complex whose major objective is to build regional capabilities and bring responsibility for client activities closer to the regions.
Five Regional Development, Integration and Business Delivery Hubs have been created, each run by a Director General: Southern Africa, North Africa, West Africa; East Africa, and Central Africa.

The Hiring Department

The Country Program Coordinator covers one or several Regional Directorates and coordinates work closely with the respective Director Generals, Deputy-Director Generals and Regional Program Officers.
The incumbent monitors all the work programme implementation in the assigned region, using the Regional Dashboard and any other tracking information system that provides detailed statistics.
The Country Program Coordinator prepares monthly senior management reports in coordination with Regional Program Officers and Country Program Officers.
The incumbent assists Director Generals in their engagement and reporting to senior management.
The Country Program Coordinator also provides support in ensuring quality assurance of all documentation and related correspondence while ensuring compliance with the Banks’ Operational Policies and Procedures that contribute towards executing strategy within the assigned region.

The Position

The Country Program Coordinator is part of the Front Office of the Regional Development, Integration and Business Delivery Complex.
It is key to providing professional support and follow-up of business development and delivery and portfolio performance for results within the assigned region(s).

Duties and Responsibilities
Coordination of Portfolio Management and Programming in the region:

Monitor and advise the Director General on the management of key performance indicators on portfolio performance, country program, Bank priorities and result indicators harmonize management reporting tools within the various Departments;
Liaise with the Regional Program Officers and Country Program Officers and sector staff in field offices to ensure sound analysis and monitoring of portfolio developments including through regular reviews of country, multinational and regional portfolios with a view to identifying issues and proposing options for their resolution;
Ensure that monthly senior management reports on the state of the region (dashboard) are prepared and that a follow up on issues that require further action are undertaken;
Follow up on Annual Portfolio Performance Reviews/Updates of Portfolio Improvement Plans;
Support the preparation of the Regional and Country Portfolio Performance Reviews; in collaboration with Regional Program Officers, Country Program Officers, Regional Economists and Sector Staff;
Liaise with Country Program Officers and sector staff in the monitoring and implementation of the recommendations of the Bank’s Internal Audit Reports;
Support the work of Country Program Officers and sector staff in undertaking country and regional portfolio performance review processes with the Government and other Development Partners;
Advice the Director General on strategic options as may be deemed necessary to improve revenue generation and/or cost efficiencies. Work closely with the Regional Directorate during the yearly business planning and budgeting process to ensure that work programmes are well constructed and aligned with Bank’s priorities (e.g., income generation, operational priorities, etc.).
Provide inputs to country and regional strategies and monitor the implementation of these strategies in coordination with the Regional Economists, Regional Program Officers and Country Program Officers.

Relationship Management between Regional Hub and HQ:

Under the guidance of the Vice President, front office advisors and the Director General, establish solid working relationships across complexes both at HQ and within the assigned region;
Support the Director General to manage communications and ensure senior management is informed of the progress and challenges of implementing the High 5s in the respective region(s).
Actively support the Director General and Deputy-Director General to manage relationships with HQ staff and follow up on commitments;

Knowledge Management:

Actively interact with DGs and Deputy-Director Generals, Regional Program Officers and Country Program Officers to share case studies, lessons learned and best practice on the portfolio management;
Coordinate with the Chief Economist Complex and Sector Complexes to ensure that relevant knowledge and best practices are integrated in strategies and operations;
Provide feedback to the Director General and Deputy-Director General on Bank policies and operational procedures, with an aim towards continuous improvement of Bank policies implementation; and
Incorporate lessons learned in project development and implementation from other regions.

AfDB Visibility:

Support the Director General’s efforts to increase the visibility of the region in HQ.

Quality Management:

Focus on ensuring total quality and performance of the regional pipeline and portfolio;
Ensure all reports and submissions are timely and of a high quality;
Championing the Complex / Regional mandate and purpose : providing a direct and indirect operational support that contributes to the Country’s output and mandate in assigned Country;

Selection Criteria
Including Desirable Skills, Knowledge and Experience:

Hold at least a Master’s degree or its equivalent in Economics, Social Sciences, Engineering, Agriculture/Forestry, Business Administration or Public Administration.
In addition to a Master Degree, strong knowledge of socio-economic development issues and policies of African countries;
Have a minimum of five (5) years of relevant professional experience in the formulation and implementation of policies, programs and projects either within the Bank or in a similar development institution or public service;
Private sector experience is an added advantage;
Demonstrated experience in the preparation and/or review of strategies/operations in a multilateral financial institution;
Experience working in a team in a multi-cultural, multi-disciplinary, international and professional environment;
Client Orientation: Demonstrated commitment in ensuring that the client (internal or external) is considered of primary importance in all transactions and interactions. Strives to be understanding, and when appropriate, anticipates client needs, and ensures that the client receives the best possible service from the Bank;
Communication – Ability to provide clear and concise oral and written communication; presents oral information with clarity and appropriate style and adapts language and style to suit the requirements of the audience. Ability to communicate and defend orally and in writing, difficult issues and positions (in hostile environment as necessary) to Senior Bank management and government officials;
Professional Expertise: Continuously expands understanding of relevant business products, practices and systems/technology. Shares knowledge and expertise with others;
Decisive: Good judgement about when to intervene, knowing when to get counsel from whom and how to apply it, and being clear about what needs to happen, how, when and by whom, and coordinating as needed;
Highly organised & structured – Structure all work activities to be able to provide updates or reports on short notice. Capacity to coordinate (Tasks, Missions, Projects, Programs): Routinely delivers, highly complex/sensitive tasks;
Business Acumen;
Comprehensively understands work programs/projects structures, including project planning, risk management strategy, communication management strategy, lessons learned and handover, and other critical success factors, strategies, policies, procedures and best practices of other similar institutions;
Highly developed strategic thinking skills allied to an ability to translate strategic concepts and direction into the implementation of workable and sustainable projects and programs;
Ability to make use of the Bank’s systems and procedures for operational effectiveness and achievement of the Bank’s strategic imperatives in the assigned sectors;
High level of expertise in managing portfolio performance;
High level of expertise in dialogue for finding solutions to remove constraints to effective implementation of projects;
Demonstrated ability to take prudent intervention risks that contribute to delivery an appropriate result.
Make effective, timely and well-determined interventions for results delivery;
Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other;
Competence in the use of standard MS office applications (Word, Excel, Access, and PowerPoint).....Read more details here ==>>>http://www.currentschoolnews.com/job/african-development-bank-recruitment/