Special Program Coordinator Job at African Development Bank (AfDB)

"http://schema.org/BlogPosting" readability="73.7936802974">


African Development Bank (AfDB) established to strengthen

dialogue between the Bank and the Government, is recruiting to

fill the below position:



Job Title: Special Program Coordinator – OPSM

Reference: ADB/15/052
Location: Nigeria

Grade: PL-2

Position N°: 50001040

Objectives

The Coordinator of the Special Program (SP) is responsible for

delivering an enhanced syndication, blended-financing financing

function and captive products for the department’s

non-sovereign operations (NSO). This function aims to enable

the Bank to:

Respond to growing demand for private sector financing, by

mobilizing and deploying innovative solutions to bankability

challenges facing operations in its priority sectors

(infrastructure and real economy) and across all markets (from

middle-income post-conflict);

Optimize the risk capital deployed by the Bank in NSO

transactions, in line with the Bank’s catalytic and resource

mobilization mandate and ensure the Bank continues to comply

with key capital adequacy and risk management policies at

sector, portfolio, instrument and country levels.

Fostering the implementation of programs and special

initiatives funded by third party funds aimed at mainstreaming

captive products in the Bank’s operations in particular in low

income countries.

In addition, the Coordinator will also establish and grow a

special function dedicated to equity investment anchor program.

In delivering these mandates, the Coordinator will supervise

distinct in-house sub-teams and coordinate with other divisions

and departments participating in the Bank’s NSO to:

• Scale up primary and secondary syndication with commercial
  
  and DFI investors through active arranging;
  


• Facilitate the deployment of concessional
  
  co-financing/blending solutions from facilities and instruments
  
  managed by third party entities both within and outside the
  
  Bank, for enhanced bankability of the department’s NSOs;
  


• Consolidate and develop the department’s equity investment
  
  capability;
  


• Design, fundraise, and manage captive financing facilities
  
  (trust/special funds) geared to co-finance or finance on a
  
  stand-alone basis NSO transactions in specific
  
  sectors/countries and instruments (i.e. including structured
  
  debt products, risk-sharing, equity, technical assistance).
  

Duties and Responsibilities

• Reporting to the head of the Department and working closely
  
  with internal and external stakeholders. The incumbent’s role
  
  includes but not limited to:
  

Technical Oversight:

• Plan and supervise the implementation, monitoring and
  
  reporting of the divison’s work program, budget and performance
  
  against key performance indicators;
  


• Provide advice to the Director and Management on
  
  cofinancing, syndications, captive financing instruments and
  
  facilities (including department-hosted trust and special
  
  funds), blending instruments and facilities (ADF, climate
  
  funds, etc.), financial innovation, equity investments;
  


• Coordinate and contribute to the development of innovative
  
  structures of risk participations or co-financing targeted to
  
  meet the specific requirements of each business segment,
  
  alongside special initiatives, products and vehicles to
  
  mobilize third parties funds on commercial and concessional
  
  terms;
  


• Plan and execute capacity building program and deal-flow
  
  screening sessions for investment teams on relevant internal
  
  and external co-financing and bankability solutions as well as
  
  equities;
  


• Facilitate the deployment of and coordinate Bank-Group and
  
  external financing, risk-management products and technical
  
  assistance programs in support of projects under preparation or
  
  implementation;
  


• Ensure that the Bank utilizes the full palette of Bank
  
  instruments to crowd-in co-financiers and investors, including
  
  A/B loan, partial risk and credit guarantees, equity, blended
  
  instruments and the mobilization of parallel sovereign
  
  investment;
  


• Ensure that loan and equity process and transaction
  
  documentation provides for eventual secondary syndication,
  
  risk-sharing and sell-down;
  


• Advise the Deal Clearance committee on co-financing
  
  potential and bankability solutions of transactions being
  
  considered for entry into the department’s pipeline;
  


• Periodically review and execute, in collaboration with the
  
  portfolio management team, opportunities for secondary
  
  syndications (outright or partial disposal) of debt, guarantee
  
  and equity assets in the portfolio.
  


• Oversee the incubation, fund-raising and operationalization
  
  of new and existing captive off-balancing financing and
  
  risk-sharing solutions to scale up the Bank’s footprint and
  
  capability in sectors and countries where bankability issues
  
  are most acute;
  


• Plan, incubate and develop an equity investment and
  
  management function and team to consolidate all equity and
  
  equity-like activities;
  


• Manage the operational end of existing and new trust funds
  
  /financing facilities for which the Department acts as focal
  
  point;
  

People Management:

• Manage a team of Lead, professional and support staffs in
  
  providing efficient and high quality financing, bankability
  
  services, equity investment and trust/special fund management;
  


• Be a collaborative member of the Management Teams of the
  
  Vice-Presidencies and foster a collegial environment and enable
  
  synergies;
  


• Serve as a role model, leading by example, with integrity,
  
  building alignment and commitment by displaying courage in
  
  challenging others to move the Bank forward;
  


• Build strong relationship management and understand the
  
  business needs, as well as external and internal relations to
  
  assist in developing practical and effective cofinancing;
  


• Set realistic performance goals and motivate team members
  
  to meet them, both for individual staff and for the team as
  
  whole;
  


• Manage the team’s staffing and resources competently and
  
  responsibly to achieve the Division’s objectives;
  

Leadership:

• Lead and execute the provision of project bankability,
  
  mobilization and risk-capital optimization objectives at
  
  transaction and portfolio level;
  


• Lead the design, fund-raising and operationalize of new and
  
  existing captive off-balancing financing and risk-sharing
  
  solutions in collaboration with originating and portfolio
  
  divisions, as well as other Bank departments involved in
  
  third-party resource mobilization, as appropriate;
  


• Lead complex missions involving negotiations with
  
  government officials, bilateral and multilateral development
  
  finance institutions and donor agencies, private and
  
  institutional investors and financiers;
  


• Improve customer service orientation of staff of the
  
  division and ensure provision of efficient services to internal
  
  and external clients.
  


• Lead the establishment of a framework for centralized
  
  equity investment management with an associated team
  
  responsible for delivering the Bank’s catalytic investor role,
  
  deploying seed and growth equity as well as equity-like
  
  investments directly to corporates and project vehicles as well
  
  as indirectly through funds;
  


• Lead the structuring and operationalization of a revised
  
  mutual reliance framework with partner MDBs, DFIs, official
  
  development agencies and donor funded vehicles, to provide
  
  innovative risk mitigation structures to improve the credit
  
  quality of infrastructure and industrial projects;
  

Agent of Changes:

• Serve as a role model for transformation in implementing
  
  the enhanced mobilization and catalytic investor culture;
  


• Manage change by proactively identifying and facilitating
  
  buy-in, drive changes towards desired outcomes of enhanced
  
  syndication, co-financing and equity investing
  


• Ensure good corporate governance principles are complied
  
  with in the design, structure, workflows and management of
  
  captive financing vehicles and instruments, in delivering
  
  fee-earning arranging mandates and as regards equity
  
  investments – to mitigate self-dealing or conflict of interest
  
  risks, and ensure adherence to fiduciary roles;
  


• Develop outreach initiatives to clients and departmental
  
  counterparts to ensure open and regular communications on the
  
  Bank’s programs, projects and fiduciary rules and requirements.
  

Organisational Competencies:

• Able to identify opportunities and threats to deliver the
  
  mandate of the division, and to plan and execute
  
  work-processes, team structure and modus operandi to ensure
  
  effective delivery;
  


• Develop and cultivate a network of co-financing partners –
  
  commercial banks, DFIs, institutional investors, fund managers,
  
  concessional/blending as well as captive wholesale
  
  co-financiers and risk sharing facilities;
  


• Continuously seek to acquire and share operational and
  
  organizational knowledge, with an innovation-oriented approach;
  


• Client-oriented to ensure the division effectively performs
  
  its role throughout the project/asset life cycle;
  


• Communicate effectively to creates understanding between
  
  self and others;
  


• Build and maintain effective internal and external
  
  cofinancing, co-investment, and mobilization relationships;
  


• Develop, track and communicate clear performance management
  
  metrics, translating corporate and department-level Key
  
  Performance Indicators, into division, team and individual
  
  staff member level performance indicators.
  


• Demonstrate sound problem-solving and decision-making
  
  ability;
  


• Manage own time, information and resources effectively, and
  
  provides clear and effective communication to subordinates that
  
  enable them to prioritize their respective deliverables against
  
  competing priorities;
  


• Contribute effectively to the Complex and Department’s
  
  management team, and facilitate collaborative work environment
  
  between the teams in the division and other divisions in the
  
  department;
  

Selection Criteria

Including desirable skills, knowledge and experience:

• At least a Master’s or equivalent Degree in Business
  
  Administration, Financial Engineering, Finance, Investment
  
  Management, Law or Risk Management;
  


• A minimum of 8 years relevant experience in any investment
  
  banking, management consultancy, transaction advisory, or asset
  
  management capacity;
  


• Integrity, with an ability to detect and proactively
  
  mitigate conflict of interest situations that may arise in
  
  performing fiduciary roles associated with the management of
  
  trust/special funds while in parallel delivering fee-earning
  
  arranging mandates;
  


• Good coaching, mentoring and conflict resolution skills;
  


• Demonstrated ability to multi-task and manage their time
  
  effectively to deal with multiple and competing demands and
  
  deadlines.
  


• Knowledge of multilateral development banking, investment
  
  banking, co-financing, blending solutions, equity investment,
  
  fund managements, tail-end equity risk management;
  


• Experience of working in middle-income and low-income
  
  countries (transition and fragile countries experience
  
  desirable), multi-cultural and multi-lingual professional
  
  environment;
  


• Track record of leading and developing teams and managing
  
  projects, programs, transactions, structuring and innovative
  
  financing solutions using commercial and donor funds;
  


• Problem-solving skills, innovative and pragmatic;
  


• Resilient in the face of adversity;
  

Core Competencies

• Communicate and write effectively in French or English,
  
  with a good working knowledge of the other language;
  


• Competence in the use of Bank standard software
  
  applications (SAP, word, Excel, Access and PowerPoint);
  


• Provide clear and concise oral and written communication;
  
  present oral information with clarity and appropriate style and
  
  adapts language and style to suit the requirements of a
  
  particular audience;
  


• Ensure that the client (internal or external) is considered
  
  to be of primary importance in all transactions and
  
  interactions. Strive to understand, and when appropriate,
  
  anticipate client needs, and ensure that the client receives
  
  the best possible service from the Bank;
  


• Work with others to maximize the effectiveness of the team
  
  as a whole, sharing the knowledge and the workload. Develop
  
  strong working relationships with colleagues and contributes to
  
  creation of a positive team environment.
  


• Strong leadership and coaching skills, with a proven track
  
  record of working with multi-disciplinary teams and creating an
  
  empowering and self-development oriented work environment;
  


• Commitment to ensure that full use is made of the systems,
  
  procedures and culture within the organization in order to
  
  deliver the required results;
  


• Commitment to search for and produce innovative and
  
  creative approaches to activities in order to enhance
  
  performance and create added benefits to the bank and its
  
  clients;
  


• Apply business knowledge to the resolution of problems and
  
  identifies solutions to the benefit of the client (internal and
  
  external) and the organization;
  


• Continuously expand understanding and share knowledge and
  
  expertise with others of relevant Bank and external business
  
  products, practices and systems/technology (commercial and
  
  concessional);
  

How to Apply

Interested and qualified candidates should:

"http://www.afdb.org/en/careers/current-vacancies/vacancy/special-program-coordinator-opsm-1963/"

rel="nofollow" target="_blank">Click here to apply

online

Application Deadline  13th May,

2015.