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Position title: Senior Corporate Portfolio Analyst – PINS2
- Grade: PL5
- Position N°: 50070696
- Reference: ADB/18/154
- Publication date: 13/08/2018
- Closing date: 12/09/2018
- Country: Côte d’Ivoire
THE BANK:
Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5s) have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. The Bank is seeking to build a management team that will lead the successful implementation of this vision.
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 (i) strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development, (ii) support the development of reliable and sustainable infrastructure, including cities and urban development, and (iii) 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:
For effective, coherent and harmonized Private Sector Operations performed by the 5 sectoral departments of the Bank (Energy, Infrastructure, Industry and Trade, Agriculture and Social Services, Financial services) a Central Support Department for NSOs-related activities (PINS) was recently put in place. The primary role of PINS is to: (i) assist Sector Departments to efficiently design and monitor NSOs, in a coherent manner, in line with best market practices and consistent with the Bank’s related Strategies, Policies and Guidelines, including the Bank’s Private Sector Development Strategy and Policy; (ii) manage corporate portfolio and provided shared services to other NSO departments
THE POSITION:
The Corporate Portfolio Analyst is responsible for identifying, monitoring, controlling and reporting on the NSO Corporate Portfolio. He/She will be in charge of the design and implementation of Dashboards, Key Performance Indicators (KPIs) and Early Warning Tools to assess and measure the performance of the aggregate NSO portfolio.
The incumbent will also be in charge of the preparation of periodic flagship reports to Senior Management on sector and geographical portfolio concentration, and on sustainability and profitability of investments. He/she also takes an active part in committees/task forces related to NSO corporate portfolio issues, within the Bank and when required, those initiated and led by the other Development Finance Institutions (DFI) partners.
Duties and responsibilities
Under the supervision of the Division Manager, the Corporate Portfolio Analyst will perform the following duties:
1. Lead Corporate Portfolio analytical work to provide Senior Management with current state of portfolio performance and provide recommendation to improve the portfolio quality and diversification.
2. Determine Key Performance Indicators to be used to assess :
a. Portfolio concentration by sector, by country/region, by income category and by financing product;
b. Risk profile of the NSO portfolio (Portfolio quality, Efficiency and productivity and Counterparty Risk);
c. Return, Profitability and Sustainability of investments;
d. Development outcome and macroeconomic impacts.
3. Assign to each portfolio KPI, a set of thresholds, namely, a target level, an early warning trigger level and a limit level, which should be used to monitor differing levels of risk to the portfolio;
4. Participate in the design and implementation of corporate portfolio management tools, dashboards, and early warning system to improve the overall quality of the portfolio.
5. Develop benchmarks in line with market trends and strategic portfolio targets, assessing the portfolio soundness.
6. Periodically report to Management on portfolio status and flag potential issues on portfolio, due to emerging development in the portfolio or/and in the operating environment.
7. Perform middle office and back office functions including collateral management, valuation and portfolio audits.
8. Perform other duties as assigned by immediate supervisor.
Selection Criteria
Including desirable skills, knowledge and experience
1. Hold at least a Master’s degree or its equivalent in Business Administration, Finance, Banking or Economics.
2. Have a minimum of five (5) years of relevant professional experience in International Financial Institutions or Investment Banks, with a large scope of portfolio and private sector transactions activities. Working experience in Portfolio management, middle-office or risk management departments will be an advantage.
3. Comprehensive state-of-the-art understanding of investment and portfolio management techniques and familiarity with relevant practices of development finance institutions; Knowledge of Multilateral Development Banks’ private sector business will be an added advantage.
4. Understanding and interest in economic concepts with good knowledge of international economic development issues;
5. Demonstrated knowledge and experience of financial and/or risk reporting with strong drafting ability;
6. Exceptional skills in project management and strong skill in finance and economic analysis and interpretation;
7. Analytical and numerical skills with a good eye for detail and Proficient in use of analysis tools especially Excel.
8. Ability to respond swiftly to new situations and to anticipate new issues;
9. Sense of initiative and innovation with strong analytical and communication skills;
10. Team spirit with excellent interpersonal skills dealing with internal and external stakeholders;
11. Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other;
12. Competence in the use of Bank standard softwares (Word, Excel, Access, PowerPoint). Knowledge of SAP is desirable.
To apply for this position, you need to be national of one of AfDB member countries.
Applicants who fully meet the Bank’s requirements and are considered for interview will be contacted. Only online applications submitted with a comprehensive Curriculum Vitae (CV) and copies of the required degrees will be considered. The President, AfDB, reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer. Female candidates are strongly encouraged to apply. www.afdb.org
The African Development Bank Group (AfDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the Bank does not request information on applicants’ bank accounts. The African Development Bank Group declines all responsibility for the fraudulent publications of job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.