Senior Syndication Officer at African Development Bank - AfDB

Reference: ADB/17/287
Location: Africa
Grade: PL5
Position N°: 50093639

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 role of the Syndications and Financial Technical Services Department (FIST) is to mobilize and increase in Africa and outside Africa resources for the financing of investment projects and programmes; and promote investment in Africa of public and private capital in projects or programmes designed to contribute to the economic development or social progress of regional member countries.

The Position

• Reporting to the Division Manager - Syndications and Co-financing, the Senior Syndication Officer develops and maintains close relationships with the broader donor and investment community with a view to facilitating the co-financing of sovereign and non-sovereign projects.

Duties and responsibilities
Under the overall supervision of the Division Manager - Syndications and Co-Financing, the senior Syndication Officer will perform the following:

• Provide structuring guidance to investment officers and task managers and actively participate in presenting proposals and mandate letters to clients, emphasizing the benefits of syndication and co-financing.
• Establish working relationships with the widest possible group of commercial co-financiers.
• Execute A/B-loan co-financings and Development Finance Institution syndications, sharing responsibilities where appropriate with co-arrangers.
• Perform market soundings and provide risk appetite feedback to senior management for their consideration.
• Identify existing assets for potential secondary sale, obtain market feedback on likely cost of sale and, where applicable, seek all necessary approvals.
• Actively participate in the balance sheet optimization transactions.
• Develop training, communication and marketing material and conduct staff and co-financiers information campaign.
• Ensure effective utilisation and management of financing facilities within the Bank group architecture

Selection Criteria
Including desirable skills, knowledge and experience:

• Hold at least a Master’s Degree (or its equivalent) in Finance/Banking, Economics, Business Administration or related disciplines.
• Have a minimum of five (05) years of relevant experience acquired in a reputable financial institution.
• A professional qualification in one of the aforementioned fields.
• Private sector experience is an added advantage.
• Working knowledge of a range of financing alternatives and financial instruments; can conduct a range of financial analyses.
• Strong analytical, quantitative and financial market skills.
• Ability to plan strategically in an uncertain environment, and to achieve desired results on a timely basis.
• Knowledge and experience in development arena.
• Business judgment and analytical decision-making
• Ability to fully use systems, procedures policies in order to deliver the required results.
• Knowledge of market instruments and market sources of financing.
• Knowledge of fund raising and on-lending activities in developing capital markets, particularly in Africa.
• Excellent understanding of financial issues affecting sovereign and non-sovereign clients in developing countries and policy associated with the Bank’s mandate.
• Strong background in investment and development banking with experience in working with private sector projects, state owned entities, utilities/infrastructure authorities and government
• Empowers and holds people accountable within project scope.
• Acts fairly and consistently in dealing with others.
• Operational effectiveness.
• Innovation & creativity.
• Problem solving.
• Demonstrates professional expertise.
• Communication.
• Client orientation.
• Team working & relationship management.
• Ethical.
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
• Competence in the use of standard software (Word, Excel, Access, PowerPoint).
• Knowledge of SAP.