Director, Advisory and Capital Market at African Export-Import Bank (Afreximbank)

Reference: DLRF 3306

Job Description

• The nature and scope of the job is to support and advise Management in the creation and operation of an appropriate investment and corporate advisory business to support entrepreneurs and clients of the Bank engaged in trade, trade related projects as well as trade facilitating activities, on how best to structure their trade related business.

Responsibilities

• Support the creation of an environment through which Africa’s access to international debt, FDI and portfolio investments flows can be enhanced, by providing corporate finance and advisory services to clients who may require such advice;
• Assist clients of the Bank to use Capital Market instruments to raise financing both within Africa and in international markets.
• Assist in the long term development of bond and equity capital markets in Africa by bringing growing numbers of issues to the market. This in turn will lead to greater liquidity of bond issues and better pricing for companies.
• Assist investors become familiar with local companies in order to obtain best pricing for such local companies in the international and local capital markets over time.
• Build and manage relationships with Equity Funds, including Sovereign Wealth Funds in Africa and the Middle East.
• Advise African Governments on the development of sound export promotion policy and required export incentives for increased competitiveness and enhanced capacity of the export sector in Africa;
• Provide required advisory services to given clients in broad areas that include business valuations, corporate strategy, investment appraisals, evaluating structuring, negotiating, and closing new transactions, mergers or acquisitions, portfolio restructurings, rescheduling, capital increases, equity sales, for purposes of creating financially stable African entities in trade related matters;
• Develop a strong pipeline of good quality investment and corporate finance advisory opportunities within the trade related mandate of the Bank;
• Participate in negotiations; use negotiation skills to overcome difficulties and finalize negotiations in ongoing advisory transactions;
• Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to grow fee income from the advisory business of the Bank’s business development activities;
• Prepare financial models and conduct related industry and market research to support the investment advice process of the Bank;
• Manage subordinate staff performance through appropriate performance planning, coaching and performance reviews; and
• Provide ongoing feedback to subordinate staff to ensure they develop the skills and competencies required for effective planning and individual professional and personal career growth.
• Communicate with staff across the organisation to understand advisory management related issues and identify areas for improvement for the organisation as a whole;
• Develop new methodologies to implement and improve all advisory services related processes;
• Provide assistance to the business in meeting best practice investment management advice requirements;
• Keep abreast of developments in investment banking management; and
• Any other duties as may be assigned to the jobholder by senior management.

Requirements
Qualification and Skill:

• Should have at least 12 years of experience in working in the international debt, equity and convertible bond markets
• Should have strong knowledge of in the areas of structuring and pricing of debt, equity and convertible securities.
• Should have experience issuing securities in the debt, equity and convertible bond markets.
• Should have experience is analyzing and advising on Mergers and Acquisition situations.
• Good first degree (not below a second class lower honours degree) from a leading University in either Finance, Economics, Accounting, Business Administration or other disciplines relevant to the position;
• Candidates should hold a post graduate degree in a related field from a reputable university ,with up to 12 years of relevant experience. However, those without a post graduate degree but with a recognised investment management qualification (e.g. CFA) and at least 12 years of relevant corporate finance/investment banking experience in an international commercial environment may also apply;
• Demonstrated knowledge and experience of relevant Advisory and   Investment Banking issues;
• Demonstrable experience in investment banking and advisory services in Africa will be an added advantage;
• Ability to communicate and function in a culturally diverse and change oriented setting with good knowledge of banking practices in Africa;
• Ability to interact with senior officials of banks, corporates and governments;
• Excellent verbal and written communication skills in English. Knowledge of the Bank’s other working languages is an added advantage (French, Arabic and Portuguese); and
• Demonstrated leadership capabilities, including ability to organize and manage human resources from varied cultural backgrounds to attain goals.

Contractual Information:

• Permanent role
• Willing and able to relocate to Cairo
• Willingness to travel extensively and to work long hours where required in order to achieve the Bank’s objectives
• Ability to communicate and function in a culturally diverse and change oriented setting