Latest Recruitment at the African Development Bank Group (AfDB)

Reference: ADB/17/541
Location: Cote D’Ivoire Grade: PL2
Position N°: 50092357

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

The Hiring Department/Division

• The General Counsel and Legal Services Department delivers legal advice and services to the statutory organs of the Bank group: Boards of the Bank Group (the Bank), to Senior Management, to Directorate General Hubs and more generally to the whole Bank.
• The General Counsel and Legal Services Department also protects the interest of the Bank from legal liability and as necessary provide legal defense in cases filed against or brought by the Bank.

The Position

• The objective of Division Manager - Administrative Affairs Division role is to lead all legal aspects of administrative/institutional issues and ensure the supervision, mentoring and coaching of staff under the incumbent supervision.
• The job holder ensures the correct interpretation of, and compliance with the various Bank’s policies, rules, regulations and procedures applicable to staff (including Staff rules & regulations, applicable Presidential Directives and Administrative Instructions), corporate procurement, delegation of authority of the Bank.

Duties and Responsibilities
Under the supervision and guidance of the General Counsel, the Division Manager - Administrative Affairs Division will:

• Assign and Coordinate work of each counsel with that of the corporate services and Human Resources and/or other complexes of the Bank.
• Supervise the preparation of briefs and pleadings for defending the Bank’s interests before the Administrative Tribunal and/or Appeals Committee and other fora in which a dispute may be instituted against and/or by the Bank.
• Supervise and leads negotiation with countries for the establishment of Bank’s Offices.
• Assist the General Counsel in elaborating and coordinating strategies for the defense of the Bank in any litigation brought by an external party against the Bank.
• Supervise the initiation, monitoring and conclusion of settlement in litigation, mediation, arbitration and other type of dispute resolution mechanisms as are necessary in the interest of the Bank.
• Supervise drafting of legal documents relating to the organizational structure and administration of the Bank, supervises the drafting of legal advice in respect of the relationship of the Bank and the Fund with third parties including other international organizations and member states, particularly with regard to the privileges, immunities and exemptions of the Bank and Fund as well as those enjoyed by its officers, employees, consultants and experts.
• Supervise the preparation of the terms of contracts related to institutional procurement including leases or purchase of real property; procurement of goods, services and works necessary for the proper functioning of the Bank, IT hardware and software procurement.
• Assist the General Counsel in providing legal assistance and advice or in participating to statutory committees such as the Staff Appeals Committee, the Disciplinary Committee, the Pension Steering Committee and Investment Committee, the Medical Board and Finance Committee of the Medical Plan, the Purchasing Committee, the Information Systems Steering Committee and the Capital Investment Program Committee.
• Supervise the provision of legal advice and support in all human resource matters including recruitment, salary reviews, and administration of staff benefits, contract negotiation, promotions, pre-litigious issues and performance evaluations.
• Supervise the Interpretation texts of the Bank concerning staff and general administration of the Bank.
• Ensure quality control as well as compliance with the Bank’s policies and procedures with respect to the provision of legal services in all aspects of administrative matters of the Bank.
• Prepare and manage the budget of the Division.
• Ensures quality control, coordinates and harmonize the work of lawyers in the Regional Directorate Hubs.
• Handle legal issues of a complex and confidential nature in accordance with the instructions of the General Counsel and/or other members of Senior Management of the Bank.
• Assure quality control of work performed in the Division and determines the priorities of the Division as well as resolves any conflicts that may arise between subordinates.
• Evaluate staff performance yearly, provides Human Resources Department with necessary information on staff confirmation following probationary period and contracts renewals.
• Coordinate and harmonize work done in the Regional Hubs, as well as carries out the day-today administrative management of the Division;
• Interact with all institutional entities of the Bank including senior management, management, Boards of Directors and of Governors as the case may be;
• Attend Board meetings (formal and committees) and ensure that all legal aspects of projects presented to the Boards have been covered.
• Carry out such other duties as may be assigned by the General Counsel.

Selection Criteria
Including Desirable Skills, Knowledge and Experience:

• Hold at least a Master’s degree in Law, and admission to the Bar of one of the African Development Bank member countries; or A Juris Doctor (JD) and admission to the Bar of one of the African Development Bank member countries.
• Have a minimum of eight (8) years of relevant experience in similar jobs, preferably in a Multilateral Development Bank.
• Having private sector experience will be an added advantage.
• Combined specialization and expertise in the knowledge of the administrative structure, organization and texts of the Bank;
• Seasoned knowledge in the current trend of developments and familiarity with international law, and related matters within the Bank and other international organizations;
• Strong skills in preparation of complex legal documents including briefs and confidential legal opinions, leading the negotiation of host country agreements or complex technology contracts and, partnership agreements;
• Capacity to supervise the negotiation of complex legal documents of all manners and form that balances the standards and norms of outside parties with the unique requirements of the Bank.
• Capacity to lead the representation of the Bank before the Administrative Tribunal and other dispute resolution fora, as may be directed by the General Counsel.
• Ability to apply legal knowledge to deliver full scope of strategic legal services in line with the Bank’s requirements in the legal domain.
• Effective consulting and advisory skills that enable clients and help resolve their legal issues
• Ability to take the lead in any legal discourse at Board meetings (formal and all Board committees) and drive change in line with the Bank’s requirements
• Ability to take the lead in any legal discourse at  certain internal technical committees and Senior Management committees as needed
• Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
• Competence in the use of standard Microsoft Office Suite applications; knowledge of SAP is an added advantage.

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Reference: ADB/17/539
Location: Côte d’Ivoire
Grade: PL3
Position N°: 50000923

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

Duties and Responsibilities
Under the supervision and guidance of the Division Manager, Investments, the Chief Investment Officer will perform the following:

Portfolio Management:

• Leads the management 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. The Chief Investment Officer is tasked with managing the largest and most complex portfolios.
• 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.
• Leads the development of the Investment Process and the implementation of the Strategic Asset Allocation.
• Leads the Bank’s short-term funding strategy and its execution by issuing ECPs to cover short-term liquidity gaps, posting regular levels for ECPs to increase the visibility of the Bank and assessing other alternative short-term funding options such as repo transactions.
• Leads the credit analysis process by ensuring that specific issuers/counterparties are assessed to ensure their creditworthiness.
• Leads the selection process for external portfolio managers; reviews external portfolio managers’ activities to ensure adequate management of the Bank’s assets by conducting regular meetings and reviewing performance reports.
• Leads key projects on innovation in investment products and strategies by submitting proposals to the Division Manager or evaluating proposals from other investment officers. The Chief Investment Officer is expected to lead multiple projects throughout their lifecycle: from their inception to Board approval and then follow up with their implementation.

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.
• Provides advisory services and technical assistance to African Central Banks and other financial institutions on fixed income investment management, and risk hedging by responding to specific technical requests or reviewing proposals or policies.
• Designs courses and programs targeted at senior management, middle managers and officers of Central banks and other financial institutions.

External Relationships:

• Maintains and manages professional relationships with the investment community, dealer counterparties, central banks and other professionals operating in financial markets, by providing responses to information requests, representing the Bank at conferences and contributing to the expansion of the list of existing Global Master Repurchase Agreement and International Swaps and Derivatives Association agreements.

Analytics, Models and System Development:

• Leads 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 P&L attribution analysis, cash flow projections analysis.
• Leads 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.

Selection Criteria
Including desirable skills, knowledge and experience:

• Hold at least a Master's Degree or its equivalent 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 seven (7) 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.
• Takes ownership for projects, establishing key deliverables and timelines, consistently following up with others to ensure target dates are met.
• Provides guidance to others in developing themselves within their area of expertise.
• 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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Reference: ADB/17/463/2
Location: Madagascar
Grade: GS6
Position N°: 50063257

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 Departement/ Country Office:

• The various Country Office falls within one of the five (5) Regions of the Africa Regional Development, Integration and Business Delivery Hubs. The Hub oversees a combination of country and liaison offices, as well as non-presence countries.
• Under the Directorate General of the Southern region, the Madagascar Country Office of the African Development Bank have been established to strengthen policy dialogue between the Bank, Governments and other stakeholders; improve performance of the project portfolio and aid coordination with other development partners.

The Position

• The Secretary to the Country Manager will work closely with the Country Manager and the Team to provide administrative support. The incumbent of the position will help the Country Manager and the team to make the best use of his time by dealing with secretarial and administrative tasks.

Duties and Responsibilities
Under the Supervision of the Madagascar Country Manager, the Secretary will perform the following:

Work Flow Management:

• Receive and register all incoming and outgoing documents of the Country Office;
• Ensure that documents presented for Country Manager’s signature are complete, exempt of errors, with necessary attachments and background documents;
• Draft general or administrative correspondence on own initiative or on the basis of instructions without error and finalize for the Country Manager’s signature;
• Verify that outgoing correspondence is presented in accordance with the Bank’s accepted formats and check on probable typographical errors, presentation, completeness and procedural accuracy of all documents submitted to the Country Manager’s for clearance, approval or signature;
• Review and classify priority and important correspondences and submit accordingly;
• Follow-up and ensure that target dates and deadlines are met using appropriate tracking tools, and that correspondence and queries are responded to in a timely manner;
• Channel correspondence for action by the Country Manager’s or send directly to the concerned Unit, if necessary.

Communication and Liaison:

• Develop a network with secretariats within the ministries and other partners in order to facilitate and accelerate processing of Bank requests;
• Receive visitors and telephone calls with tact and discretion, and act according to the nature and urgency of each, including redirecting to the concerned offices, as appropriate;
• Screen Country Manager’s calls/visitors, make appointments for visitors to meet the Country Manager’s or the Manager concerned;
• Provide background information to the Country Manager’s for appointments with official visitors and/or staff members;
• Relay information between Country Managers and other staff members of the Country Office;
• Follow up on work deadlines with Managers of the Country Office;
• Schedule weekly team and ad hoc meetings for the Country Manager’s, according to schedules and Country Manager’s Agenda for the week;
• Arrange time and venue for meetings, collect necessary background materials of meetings needed from the relevant Country Offices/Divisions; Remind Managers and other staff members about scheduled meetings.

Record Keeping and Documentation:

• Maintain a filing system in both hard and soft copies to meet the needs of the Country Office;
• Keep a weekly calendar of activities that shows all meetings to be attended by the Country Manager as well as by other staff members. It also includes all external visits to the Country Offices ;
• Obtain briefing and background materials for meetings, seminars, workshops, etc. to be attended by the team's staff, checking their availability and ensuring they have the appropriate briefing files and documents;
• Maintain Contact address / Mailing Directory of partners working with the Country Office.

Office Administration:

• Make travel arrangements for the Country Manager’s including tickets, hotel reservation, etc.;
• Assist in preparation of presentations using PowerPoint and other software packages on own initiative or on the basis of instructions;
• Perform other office administration tasks (photocopies, emails) when the need arises;

Selection Criteria
Including desirable skills, knowledge and experience:

• Hold at least a Bachelor’s degree in Business Management, Commerce, Administration or related discipline;
• Training in secretarial Science and/or Administration and Office Management is advantageous;
• Have a minimum of four (4) years of relevant and practical experience in administrative and secretarial roles, in similar offices of international Organizations, Development Banks or similar institutions;
• Having private sector experience will be an added advantage.
• Good knowledge of administration and office support services, including systems and procedures;
• Good coordination skills - methodical and self-organized;
• Demonstrable commitment to delivering excellent customer service focused reception and administration service;
• Good interpersonal, planning and organizational skills;
• Ability to think quickly to respond to immediate requests;
• Flexibility to adapt, positive attitude towards change, and a constructive and creative approach to problem solving;
• Proficiency in the use of standard equipment (computer, fax, scanner, photocopies, etc.);
• Effective communication, problem solving, client orientation, team work and operational effectiveness;
• Good  innovative and creative approaches to activities in order to enhance performance and create added benefits for the clients and the organization;
• Ability to communicate effectively (written and oral) in English or French, preferably with a good working knowledge of the other;
• Bilingualism is an advantage;
• Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint, SAP and/or other integrated document management system).