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  • Posted: Nov 13, 2024
    Deadline: Not specified
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  • The ECOWAS Bank for Investment and Development (EBID), is the financial institution established by the 15 Member States of the Economic Community of West African States (ECOWAS) comprising Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and...
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    English Senior Legal Officer

    Main Duties and Responsibilities
    Job Summary:

    • Working under the direct supervision of the Head of Legal/Compliance Division, the senior legal officer will be, amongst other things, in charge of the provision of the legal services to the Department of Private Sector Operations of the Bank for the project finance and development in the English-Speaking Countries of the ECOWAS.

    Duties

    • Review and ensure that Development Finance Institution (DFI), Environmental & Social Obligations and Sanctions provisions are reflected in all financings and that the relevant checklists are up to date;
    • Appraisal of Private Project finance to ensure all legal, regulatory, environmental risks are well addressed in the transactions structuring;
    • Ongoing monitoring and advising on legal issues arising from closed transactions from time to time; Deal with the legal aspects of facility agency and security agency roles relating to the bank's transactions;
    • Deal with legal aspects of restructured and non- performing loans and assets;
    • Deal with the legal aspects of the bank's investments and transactional matters, covering project finance and project development transactions;
    • Structure transactions in a manner that is consistent with the mandate, policies and objectives of the bank and provide innovative and practical solutions to legal issues pertaining to the bank's transactions and activities;
    • Deal with the legal aspects of the credit approval process relating to transactions;
    • Draft, review and negotiate term sheets, Memoranda of Understanding (MOUs), mandate letters, project agreements, financing and security agreements;
    • Review conditions precedent and coordinate closing of the financing including perfection of security based on local jurisdiction requirements; • Provide technical inputs including but not limited to legal analysis, drafting of policies and development of procedures;
    • Undertaking such other duties/assuming such other responsibilities as are assigned from time to time by the Director of Legal Department.

    Required Qualification, Experience and Skills

    • LLM Master's degree in Law (especially in banking, finance or business law);
    • Minimum of seven (7) years Post qualification experience with a legal or financial advisory firm or financial institution; English/Common law qualification and/or experience desirable;
    • Experience in Project Finance and Project Development experience;
    • Ability to exercise independent judgment and provide practical legal advice;
    • Excellent interpersonal skills and ability to work as a team with professionals from other disciplines;
    • High ethical standards, impeccable integrity and a deep sense of fairness;
    • Strong organizing, work planning and scheduling skills, capable of handling large volumes of assignments accurately and thoroughly while balancing several agenda;
    • In-depth knowledge and appreciation of project finance and borrowing transactions;
    • Ability to conduct due diligence relating to financial transactions, i.e. project finance, structured finance and corporate finance;
    • Good knowledge and understanding of the global legal framework (corporate and commercial law);
    • Ability to think strategically and holistically and to appreciate the systematic impact of various legal policies, issues and solutions;
    • Analytical mind, sense of organization and ability to work in a multicultural environment and capacity to accommodate cultural differences;
    • Ability to take initiative, well-disciplined and able to work unde pressure;
    • Ability to manage a team in a multi-cultural environment, ability to develop good relationships with other staff members, impart knowledge and be able to delegate duties and responsibilities, supervise and take decisions; Excellent written, drafting and oral communication skills;
    • A good working knowledge in French will be appreciated.

    Other Requirements:

    • Be a national of one of the ECOWAS Member States;
    • Must not be above 45 years at the time of recruitment;
    • Have sound knowledge of computer tools (Word, Excel, Access and Power Point);
    • Fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.

    Salary Grade
    Grade P4.

    go to method of application »

    Infrastructure Project Evaluation Specialist

    Job Summary

    • Reporting to the Director of Operations, Public Sector, the Infrastructure Project Evaluation Specialist will contribute to the implementation of EBID's policy in infrastructure project financing through, among other things: the preparation, evaluation and supervision of projects in the sector, advisory support to member countries and sector-country dialogue.

    Duties
    Duty 1: Play a key role in the development of policies and strategies for the infrastructure sector within the Bank:

    • Participating in the development and review of the Bank's policies and country strategies in the infrastructure sector, in collaboration with government agencies, development partners and other relevant stakeholders;
    • Conduct analytical and sectoral work to guide and support the Bank's downstream involvement in the design of projects in the infrastructure sector; and
    • Advising governments on issues relating to policy and institutional reforms in the infrastructure sector, particularly in the
    • areas of planning and programming, development and asset management/maintenance;

    Duty 2: Leading project development and evaluation activities in the infrastructure sector:

    • Provide technical advice on projects in the infrastructure sector (transport, roads, energy, water and sanitation);
    • Identify suitable projects for financing in the infrastructure sector, and prepare project documents in accordance with the Bank's project cycle management procedures, assessing technical aspects and risks;
    • Advise member countries on the preparation, organisation and execution of feasibility studies and assist them in drafting terms of reference; review progress reports on studies; select the components that will make up the eventual project; review and supervise the work of consultants hired by borrowers for projects/studies; and
    • Leading the preparation and appraisal of infrastructure projects involving overall resource planning and technical assessment of alternative ways of shaping projects to make the optimum contribution to development objectives; preparing and processing appraisal reports including detailed assessments of technical aspects, economic and financial feasibility, environmental and social safeguards, fiduciary issues, institutional arrangements.

    Duty 3: Supervising the implementation of infrastructure projects Supervise projects:

    • Play a key role in monitoring project progress; monitor procurement activities for goods, works and
    • services in accordance with the Bank's rules; review borrowers' bids, including tender lists, bid documents, bid evaluation reports, award recommendations and contract documents; review and analyse data submitted by the borrower; verify and approve contracts for disbursement of funds;
    • Carrying out project mid-term review missions, sector portfolio review missions and country portfolio review missions and preparing the corresponding reports;
    • Lead missions to prepare project completion reports; advise the Bank on lessons learned from the project that will guide future interventions in the sector and in the countries concerned; and Manage fiduciary responsibilities, including procurement, and ensure compliance with Bank guidelines and loan agreement provisions.

    Duty 4: Contribute to the dissemination of best practice in the field of infrastructure:

    • Create and manage a knowledge base on the infrastructure sector, keeping abreast of the latest developments in the field and issues relating to policy and planning, institutional development, design and construction, financing, operation and maintenance, and regulation; and
    • Providing support to the heads of implementing agencies, in terms of advice and expertise on the various issues and priorities in the infrastructure sector, the technical aspects of projects and the Bank's rules of procedure, particularly as regards the procurement of goods and services and disbursements.

    Required Qualifications, Experience and Skills

    • Hold an Engineering Degree in the field of infrastructure (Transport Infrastructure, Energy, Water, Sanitation, Rural Infrastructure) or any other equivalent Degree;
    • At least seven (7) years' experience in the infrastructure sector and a proven ability to work on the political, institutional and financial aspects of road, transport, construction and maintenance, energy, water and sanitation infrastructure projects, management and procurement, planning and programming of capital works and maintenance;
    • Proven and solid experience gained in development finance institutions in the identification, preparation, appraisal and supervision of public sector infrastructure projects or similar organisations;
    • In-depth knowledge and experience of sectoral policy design, including development, implementation, monitoring and evaluation;
    • Ability to identify and assess critical policy issues and to engage actively with governments and/or other stakeholders to develop solutions
    • Strong ability to lead analysis and consultancy activities, including economic and sectoral studies, technical assistance and training and dissemination of best practice with client countries;
    • Ability to lead a team of specialists and drive projects forward, often in
      collaboration with other partners; Effective consultation and advisory skills;
    • Be able to communicate effectively (orally and in writing) in French and English, with a good working knowledge of the other language; and Proficiency in the use of the Bank's standard software (Word, Excel, Access, PowerPoint).

    Other Requirements:

    • Be a national of one of the ECOWAS Member States;
    • Must not be above 45 years at the time of recruitment;
    • Have sound knowledge of computer tools (Word, Excel, Access and Power Point);
    • Fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.

    go to method of application »

    Head of Project Implementation and Monitoring Division

    Job Summary

    • The Head of Project Implementation and Monitoring Division (Financed Projects) will oversee the execution and monitoring of projects financed by the institution.
    • This role requires strategic planning, leadership, and coordination to ensure that funded projects are delivered on time, within budget, and to the highest quality standards.
    • The ideal candidate will have robust project management expertise, a thorough understanding of development finance, and the ability to collaborate effectively with a variety of stakeholders.
    • The position reports to the Head of the Risk Management Department.

    Duties
    Duty 1: Leadership and Strategy:

    • Develop and implement strategic plans for the division to ensure effective project execution and monitoring.
    • Lead, mentor, and manage the project implementation and monitoring teams to achieve high performance and professional growth.
    • Ensure alignment of project activities with the institution's strategic goals and development objectives.

    Duty 2: Project Planning and Management:

    • Oversee the planning, execution, and monitoring of all development projects financed by the institution.
    • Ensure projects are delivered on time, within budget, and to the required quality standards.
    • Establish and maintain robust project management frameworks and methodologies.

    Duty 3: Stakeholder Engagement:

    • Build and maintain strong relationships with key stakeholders, including government agencies, donors, contractors, and community representatives.
    • Facilitate effective communication and collaboration among project stakeholders to ensure successful project outcomes.
    • Represent the institution in high-level meetings, forums, and negotiations related to project implementation and monitoring.

    Duty 4: Monitoring, Evaluation, and Reporting:

    • Develop and oversee the implementation of monitoring and evaluation (M&E) frameworks to track project performance and impact.
    • Ensure timely and accurate reporting on project progress, challenges, and outcomes to senior management and external stakeholders.
    • Use data and insights from M&E activities to inform decision-making and improve project effectiveness.

    Duty 5: Risk Management and Compliance:

    • Identify and manage risks associated with project implementation, ensuring timely mitigation measures are in place.
    • Ensure compliance with institutional policies, donor requirements, and regulatory standards.
    • Implement quality assurance processes to maintain high standards of project execution and accountability.

    Duty 6: Financial Management:

    • Oversee the financial management of projects, ensuring efficient use of resources and adherence to budgets. Monitor project expenditures and financial performance, providing regular updates to senior management.
    • Ensure transparency and accountability in financial reporting and project audits.

    Duty 7: Continuous Improvement:

    • Promote and implement continuous improvement initiatives to enhance project implementation and monitoring processes for financed projects.
    • Stay updated on industry trends, emerging practices, and technologies in project management and development finance.
    • Introduce innovative approaches to improve the efficiency and effectiveness of financed project implementation.

    Required Qualifications, Experience and Skills

    • Master's degree in Project management, Development Studies, Finance, Business Administration, or a related field.
    • A professional certification in project management (e.g., PMP, PRINCE2) is highly desirable.
    • Minimum of 10 years of experience in project management, with at least 5 years in a leadership role within a development finance institution or a similar organization.
    • Proven track record of successfully managing and delivering complex development projects, particularly those financed by financial institutions.
    • Experience in managing multicultural environments.
    • Basic level proficiency in a second language (English, French, or Portuguese will be an added advantage).

    Other Requirements:

    • Be a national of one of the ECOWAS Member States;
    • Have sound knowledge of computer tools (Word, Excel, Access and Power Point);
    • Fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.

    Salary Grade
    Grade P5.

    Method of Application

    Interested and qualified candidates should submit their Applications to: recrutbidc@bidc-ebid.org using "2024 Recruitment Programme" as the subject of the email.

    Applications must include the following:

    • A detailed Curriculum Vitae,
    • A Cover Letter,
    • Copies of Academic and Professional Certificates,
    • A copy of National Identity Card or Passport,
    • A copy of Birth Certificate.

    Note

    • Only shortlisted candidates will be invited for interview.
    • EBID reserves the right to withdraw the notified vacancy or offer position at a lower grade.
    • Female applications for EBID jobs are strongly encouraged.

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