Job Vacancies at the African Development Bank Group (AfDB)

Position Number: 50053476
Location: Abidjan, Cote d'Ivoire
Position Grade: PL5

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 Treasury Department is responsible for raising funds from capital markets, managing and investing the Bank Group’s liquidity and shareholders’ funds, processing and settling all financial transactions and managing the institution’s banking relationships.

The Position

• The Senior Investment Officer will be responsible for managing multiple fixed income investment portfolios for several entities of the African Development Bank Group.

Key Functions
Under the supervision and guidance of the Division Manager, Investments, the Principal Investment Officer will perform the following:

Portfolio Management:

• Manages the Bank Group's assets in its liquid currencies with the objective of capital preservation, profitability, and liquidity maintenance according to the investment guidelines of each specific entity by executing transactions in securities and derivatives such as swaps and futures; identify and execute investment and trading opportunities within risk parameters.
• Manages the cash collateral portfolios by ensuring the investment of cash received as credit support in short-dated instruments with the objective of covering the financial costs.
• Executes the Bank’s short-term funding strategy by issuing European Commercial Papers to cover short-term liquidity gaps, posting regular levels for European Commercial Papers to increase the visibility of the Bank and assessing other alternative short-term funding options such as repo transactions.
• Contributes to the credit analysis process by ensuring that specific issuers / counterparties are assessed to ensure their creditworthiness.
• Contributes to the selection process for external portfolio managers by assessing proposals; reviews external portfolio managers’ activities to ensure adequate management of the Bank’s assets by conducting regular meetings and reviewing performance reports.

Financial Policies:

• Contributes to the formulation and reviews the African Development Bank Group’s financial policies by making appropriate policy recommendation to Senior Management, the Board and Asset and Liability Committee; participates in the review of other financial policies including borrowing and currency management policies by providing feedback to proposals from other Divisions.
• Ensures that Process manuals of the Division are up-to-date by contributing to their periodic review.

Market Intelligence & Reporting:

• Monitors political, economic and market developments and assess their implication for the Bank's assets and investment strategy. Monitors Central Banks activities to assess developments in their monetary policies and their implication for interest rate trends and the formulation the investment strategy for the Bank's Investment Portfolio.
• Keeps Division Manager and Treasurer up-to-date on the investment strategy and developments in the financial markets by (i) providing regular updates at Strategy Meetings and through notes, (ii) responding to information requests from the Treasurer, Asset and Liability Committee, the Board, and the rest of the Bank, (iii) producing monthly and quarterly reports presenting performance results and market developments (iv) producing weekly economic and bond market reports prepared by the division.

Advisory & Capacity Building:

• Provides technical assistance to other divisions in areas of risk hedging, fixed income trading, and valuation of bonds and derivatives by reviewing reports produced by other divisions and responding to specific technical requests. 
• Designs courses and programs targeted at senior management, middle managers and officers of Central banks and other financial institutions.

Analytics, Models and System Development:

• Contributes to the development of analytics tools in the team to improve the team’s capacity to capture and monitor risks; such improvements include the implementation of portfolio analytical tools, such as Profit and Loss attribution analysis, cash flow projections analysis.
• Contribute to key system development projects designed to improve operational efficiency; Examples include the functional testing of the deployment of Straight-Through Processing and electronic trading platforms.

Business Continuity:

• Execute foreign exchange and money market transactions in the absence of the foreign exchange or money market trader.

Competencies (Skills, Experience and Knowledge)

• Hold at least a Master’s Degree in Finance, Economics, Mathematics, Statistics or another relevant quantitative discipline. Relevant professional certification such as Chartered Financial Analyst (CFA) or ICMA is a plus.
• Have a minimum of five (5) years of relevant and practical experience in International Capital Markets in general and with special emphasis on active management of complex fixed income portfolios.
• Strong knowledge and understanding of financial instruments, particularly bonds, structured products, derivatives, and risk management concepts; Proven credit analysis and financial modelling skills; strong numeracy skills.
• Experience in exercising a related/similar function in another Multilateral Development Banks, investment bank or top tiers asset managers.
• Private sector experience will be an added advantage.
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
• Demonstrate a strong work ethic.
• Good knowledge of the use of standard software (Word, Excel, Access, PowerPoint, and web tools); Excel VBA programming skills is desirable.
• Hands-on experience with Treasury systems such as Bloomberg is required; Hands-on experience with Summit and Numerix is advantageous.

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Position Number: 50065415, 50054575
Location: Abidjan, Cote d'Ivoire / Abuja, Nigeria
Position Grade: PL4

The Complex

• The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure and accelerating industrialization. The complex main functions are to:

  • Strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development,
  • Support the development of reliable and sustainable infrastructure, including cities and urban development, and
  • Place renewed emphasis on industrial and trade performance in support of structural transformation across Africa. The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.

The Hiring Department:

• The Infrastructure and Urban Development Department (PICU) provides assistance to the Bank Regional Member Countries (RMCs) in the form of loans and grants to finance transport projects and programs; and non-lending knowledge products to formulate and implement transport sector policies and strategies, sector reforms to ensure best practices are mainstreamed in policy, planning, programming, institutional governance, and maintenance and operation.
• The Infrastructure and Urban Development is to foster advancement of infrastructure and cities in Africa by detailed development of appropriate interventions which the Bank might finance on a regional, national or a continent-wide basis.

The Position
The Principal Transport Engineer will support the implementation of the Bank Group's vision for transport infrastructure and related services, and its future prospective areas of intervention in the sector. The main work objectives of the position are the following:

• Contributing to the development of transport infrastructure and the sector as a whole, including strengthening and maintaining the Bank Group's understanding of the sector’s role in national development;
• Contribute to Preparing, supervising and implementing transport sector projects;
• Actively participating in the donor coordination and dialogue through Country Transport Sector Working Group of development partners active in the transport sector;
• Mobilizing resources, particularly through co-financing and other opportunities, for targeted activities in the Bank Group’s work in the transport sector;
• Working with the relevant national authorities and other stakeholders to advise on future investments in the transport sector by the Bank Group; and,
• Working with other transport sector specialists in the region as well as the economists in the regional office to contribute to efforts in knowledge management so as to ensure best practices and lessons learned related to transport development, and institutional/governance approaches are mainstreamed in project design.

Key Functions
Under the supervision of the Regional Sector Manager and general guidance of the Sector Director, the incumbent will be required to:

• Support the development of policies and strategies for the transport sector within the Bank and in RMCs in consultation with relevant government agencies, development partners, and other stakeholders.
• Advise Governments on issues pertaining to policy and institutional reforms in the transport sector, especially in the areas of Planning and Programming, transport network development, asset management/maintenance, and Private Sector Participation.
• Participate and contribute to country and regional programming activities (CSP and RISP) and ensure that key sector issues and proposed solutions are adequately reflected in the resultant country/regional programming documents.
• Conduct analytical and sector work to inform and underpin the downstream intervention of the Bank in project and program design in the transport sector.

Contribute to the development of a pipeline and lending program for transport projects and programs:

• Provide technical advice with particular regard to transport sector projects (roads/highways, ports, airports, inland waterways and railways), as well as other infrastructure projects;
• Identify suitable projects for inclusion in the Bank Group lending program in the transport sector and be responsible for the formulation of the project concept note identifying key development issues, project/program objectives, risks assessments, budget and timetables for management decisions;
• Advise member countries on the preparation, organization and execution of feasibility studies and assist in drafting Terms of Reference; review the progress reports of studies; select the components to comprise the eventual project; review and supervise the work of consultants engaged by the Borrowers to the assigned projects/studies;
• Lead or Contribute to the preparation and appraisal of transport projects and programs involving broad planning of resources and techno-judgment of alternative ways of shaping projects towards optimal contribution to development objectives; prepare and process the appraisal report involving detailed assessments of technical aspects, economic and financial feasibility, environmental and social safeguards, fiduciary issues, institutional arrangements, etc.

Lead or Contribute to monitoring implementation progress of on-going transport projects, programs and technical assistance funded by the Bank:

• Supervise projects; play a key role in following up the progress of projects; supervise and monitor procurement activities for goods, works and services in accordance with Bank Group’s rules; review the submissions from the Borrowers, including tender lists, bidding documents, bid evaluation reports, award recommendation and contracts documents; study and analyze data submitted by Borrower; verify and approve contracts for disbursement of funds;
• Lead or participate in project midterm review missions, sector portfolio review missions and country portfolio review missions and prepare the related reports;
• Lead project completion report mission and collect adequate data for the preparation of the Bank Group’s project completion-report; advise the Bank Group on lessons derived from the project which will guide future intervention in the sector and in the relevant countries; and
• Manage fiduciary responsibilities including procurement and ensuring compliance with the Bank guidelines and the provisions of loan/grant agreements.

Lead or Participate in sector dialogue and donor coordination activities:

• Advise regional member countries on Bank Group’s financing requirements; act as a key person to liaise with government officials and spokesman of the Bank Group in the transport sector; negotiate sensitive and delicate policy and sector reforms issues with borrowers and other parties
• Coordinate with other development partners and RMCs for consistency of approach, exchange of experiences, and continuous improvement of practices and integration of transport sector policy commitments to the management of projects.
• Collaborate with other development partners in the transport sector for consistency and harmonization of approach, exchange of experience, partnership and co-financing where appropriate.

Contribute to the dissemination of best practices in Transport integrating a broad spectrum of issues:

• Develop and maintain a knowledge base in the transport sector, keeping abreast of the latest developments and issues related to policy and planning, institutional development, design and construction, financing, operation and maintenance, and regulation;
• Provide support to heads of executing agencies, in terms of advice and expertise concerning different transport sector issues and priorities, technical aspects of projects and Bank rules of procedure, particularly relating to procurement of goods and services and disbursement; and,
• Contribute to activities for advocacy, dissemination and knowledge building around transport sector issues.

Competencies (Skills, Experience and Knowledge)

• Hold at least a Master's degree in Civil or Transportation Engineering or related fields.
• A minimum of six (6) years’ experience in the transport sector with proven ability to work on policy, institutional and financing aspects of transport projects, road and other transport infrastructure construction and maintenance, contract management and procurement, planning and programming of capital and maintenance works, knowledge of private sector participation, and the connection to economic development and poverty reduction.
• Be able to apply advanced technical knowledge, skills and expertise in the transport sector to advise and support Project/Country teams and transport sector stakeholders in policy and institutional development and implementation.
• Full understanding of the principles of the project cycle with good experience in result-based project management.
• Be able to apply technical skills in a team leadership role to resolve and manage complex issues in relation to transport project/program design and implementation from a broad developmental goal of poverty reduction.
• Thorough knowledge of roads and highways development, Institutions and regulations.
• Competence in decision-making, team working and self-motivation.
• Policy dialogue skills – Ability to identify and assess critical policy issues and actively dialogue with governments and/or other stakeholders to develop solutions.
• Excellent spoken and written French; a working knowledge of English will be advantageous.
• Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint); Knowledge of SAP.

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Position Number: 50092515
Location: Tunis, Tunisia
Position Grade: PL2

The Complex

• The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure and accelerating industrialization. The complex main functions are to:

  • Strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development,
  • Support the development of reliable and sustainable infrastructure, including cities and urban development, and
  • Place renewed emphasis on industrial and trade performance in support of structural transformation across Africa. The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.

The Hiring Department

• The role of the Infrastructure and Urban Development Directorate is to foster advancement of infrastructure and urban development in Africa.
• The Department provides assistance to the Bank Regional Member Countries (RMCs) in the form of sovereign and non-sovereign loans and grants to finance transport infrastructure and urban development projects and programs.
• The Department also undertakes analytical and advisory activities to underpin lending programs and support policy dialogue with RMCs to formulate and implement infrastructure and urban development sector reforms ensuring that best practices are mainstreamed in policy, planning, programming, institutional governance, and maintenance and operation.

The Position

• Under the supervision of the Sector Director in close collaboration with the Director General in North Africa, the Regional Sector Manager plans, directs and supervises sovereign transport infrastructure operations and ensures the efficient origination and execution of viable projects as part of the business development process.
• As part of this work, the Regional Sector Manager works in close collaboration with the other Division Managers of the Private Sector, Infrastructure, and Industrialization Complex (PIVP) based at headquarters who support him in his efforts. at managing non-sovereign operations.
• He also works in close collaboration with the Director General and the Country Managers within the framework of the programming of operations relating to the sector.
• He / she is directly involved in the process of originating and executing flagship projects and programs of the High 5s and in the management of staff involved in the project development cycle, from identification to approval by the Bank's Board of Directors.

Key Functions
Under the supervision of the Director of Infrastructure and Urban Development and the Director General for North Africa, the Head of Division performs the following functions:

Leadership and Management:

• Lead and manage the Division team and ensure that it is efficient and motivated to ensure the success of operations;
• Direct, plan, organize, manage and supervise the activities and work program of the division ensuring appropriate delegation of day-to-day activities;
• Promote the "One Bank" approach and ensure that this culture is anchored in the Division with the highest levels of ethics, fiduciary responsibility and professionalism, in order to protect and enhance the reputation of the Bank;
• Provide technical and managerial leadership to staff in the definition and achievement of the Division's main performance indicators (KPIs);
• Ensure the efficient management of the division's budgetary resources;
• Strengthen the human and institutional capacities of countries and improve the capacity of the Bank to implement flagship projects of the Bank and to become the leader in knowledge products and advisory services;
• Ensure that the division's project managers contribute to the development of country strategy and regional integration strategy papers related to their respective High 5 priorities and country of assignment;
• Lead multidisciplinary teams, including economists, engineers and lawyers to identify, prepare, design and appraise projects;
• Pilot and lead the division's contribution to sector dialogue with government officials in the areas of the transport infrastructure and private sector participation;

Business Development:

• Manage the Bank transport infrastructure lending programs to member countries of the region in accordance with Bank policies and procedures;
• Drive the development of a solid pipeline of public sector projects, programs and analytical work through identification and preparation activities;
• Identify and secure co-financing opportunities as well as the organization of joint promotional activities with other development partners;
• Oversee all stages of the project origination component of the project cycle until presentation to the Board;
• Promote and ensure links at the program level between the activities of the division and those of the other divisions and departments concerned of the Bank;

Performance Management:

• Ensure staff performance management, including performance reviews and staff potential assessments, as well as training and development needs;
• Promote an environment that stimulates and rewards performance, initiative, and innovation; and encourages lifelong learning, transparent communication and teamwork.

Competencies (Skills and Knowledge)

• At least a Master's degree in Civil Engineering, Transport Engineering, Transport Economics or related discipline and a sound knowledge of development issues in Africa;
• At least eight (8) years of experience at increasingly senior levels in transport sector with proven ability to work on highways, railways, aviation, maritime and logistics subsectors, and in Multilateral Financing Institutions;
• Demonstrated and strong track record in identification, preparation, appraisal, and supervision of public sector Transport & Logistics projects in development finance institutions;
• Thorough Knowledge and Experience in Development and understanding of policy making process; project and program design, execution, monitoring and evaluation;
• Ability to identify and assess critical policy issues and actively dialogue with governments and/or other stakeholders to develop solutions;
• Strong ability to lead analytical and advisory activities including economic and sector work, technical assistance and training and dissemination of best practice with client countries;
• Effective consultation and advisory skills;
• Ability to lead a team of specialists and to take forward projects, often in collaboration with other partners;
• Attention to detail to create high quality output and to set standards for the team;
• Strong ability to plan and manage budgets, mentor staff to develop skills and improve the quality of outputs and outcomes;
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other; and
• Competence in the use of standard MS office applications (Word, Excel, Access, and PowerPoint) and preferably SAP.

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Position Number: 50000205
Location: Abidjan, Cote d'Ivoire
Position Grade: GS7

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 Divisions including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Department; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Function Directorate; General Counsel and Legal Services Department; Communication and External Relations Department; Ethics Office and Office of the Secretary General & General Secretariat.

The Hiring Department:

• The role of the Office of the Secretary-General and the General Secretariat of the Bank (PSEG) is to facilitate the achievement of the objectives of the Bank's Ten-Year Strategy, the Five Priority Areas (Hi5) and the Development and Service Delivery Model ( DBDM) by improving the decision-making process of governance bodies and strengthening working relationships with shareholders and host countries of the Bank. PSEG comprises:
  • The immediate Office of the Secretary General (PSEG.0) which has the additional responsibility of managing the Dissemination and Access to Information (DAI) and Archives section, the Institutional Governance Policy Coordination section and Statutory relations and Coordination of Conferences and Meetings;
  • The Council Affairs and Procedures Division (PSEG1); and
  • The Protocol, Privileges and Immunities Division (PSEG2).
• The functions of PSEG2 in the context of the Bank's objectives are to manage the relations between the African Development Bank and the Organs of the host country, to provide Protocol services relating to official ceremonies organized by the African Development Bank, to provide assistance to Elected staff, to manage the immunities and privileges granted to the African Development Bank and its staff.

The Position
The duties of the Protocol Assistant are as follows:

• Receive, process and carefully verify documents to maintain and strengthen the trust of African Development Bank partners
• Ensure the careful preparation of draft notes verbales addressed to the host country and diplomatic missions in with particular attention to preserving the Bank's good image.
• Prepare administrative correspondence addressed to host country authorities taking into account local specificities.
• Manage day-to-day affairs with host country and diplomatic missions, in accordance with protocol standards and relevant instruments
• Ensure the faithful implementation of Partnership Agreements

Key Functions
Under the supervision and direction of the Principal Protocol Officer, the Protocol Assistant main tasks are to:

• Receive and process visa applications from staff members of the African Development Bank and their family members;
• Prepare notes verbales for visa applications;
• Send visa requests to diplomatic missions for missions, holidays, children's study trips, medical evacuation and transit stays;
• File visa documents;
• Liaise between PSEG, various ministries and other host country authorities as well as between PSEG and the various Diplomatic Missions;
• Welcome and assist the President, Elected staff, official delegations and guests of the African Development Bank at the Airport;
• Keep monthly statistics on visa activities;
• Process and follow up on visa and residence applications with relevant services;
• Ensure protocol is respected at ceremonies and events organized or co-organized by the Bank;
• Contribute to ensuring that protocol is respected at African Development Bank Group Annual Meetings and other statutory meetings.     

Competencies (Skills, Experience and Knowledge)

• Hold at least a Bachelor’s Degree in Diplomacy, Law and Administration or other related disciplines.
• Possess at least five (5) years of professional experience in the area of Protocol, Public Relations or Public Administration.
• The incumbent should also have work experience in a multicultural environment.
• General knowledge of Protocol and similar experience in an intergovernmental organization
• Possess sound knowledge of diplomatic norms and practices.
• Ability to communicate effectively in both written and spoken English or French with a good working knowledge of the other language.
• Proficiency in the use of common Microsoft Office applications (Word, Excel, Access and PowerPoint); knowledge of eProtocol and an integrated document management system or quantitative and qualitative data analysis tools would be an added advantage.