Job Title: Operations Assistant , OFSD.4
Job Field
Administration, Secretarial, Finance, Accounting, Audit
Objectives
The primary role of the Financial Sector Development Department OFSD is to help the regional member countries RMCs increase reach e.g. financial inclusion, depth e.g. financial intermediation, and breadth of financial systems e.g. capital market, cross-border development. The mission of the Department has four long-term objectives:
development of a vibrant private sector through an inclusive access by households and enterprises to financial services;
strengthening markets participants;
developing efficient capital markets
deepening regional financial integration.
Role
The Trade Finance Division OSFD.4 oversees all the trade finance activities of the Bank. The Division seeks to address the trade finance gap in Africa by providing guarantees and liquidity support to commercial and development finance Banks involved in trade finance, Corporates, as well as various economic actors including parastatals engaged in this critical sector, with the objective of broadening access to affordable financing in RMCs. The division leads project teams that identify, appraise and process trade finance related projects until first disbursement, at which point primary responsibility, is passed to the portfolio management division depending on the specific product. The division also implements technical assistance and non-transactional programs in these areas.
Duties and Responsibilities
Collects contributions from members of the Divisions and types the divisional annual budget;
Discuss with the Division Manager and allocates offices and office equipment to staff in the Division;
Provide support to the Trade Finance TF middle and back office functions including the following:
Uploading monthly reports received from correspondent banks and RPA partners on the on the TF database;
Generation of specific reports using statistical information available on the database e.g. measurement of development outcomes, intra-African trade and SME development etc;
Monitoring transaction maturity and reconciliation of fee income earned under the Bank’s RPA arrangements;
Monitor the implementation of various aspects of the Division’s administrative budget i.e. missions, representation, equipment, etc.;
Deliver personally certain directives of the Division Manager and ensure that various administrative instructions are executed;
Keeps a record of staff movements, such as official missions, excused absence, home leave, annual and sick leave;
Coordinate the Division mission program;
Draft replies to memorandum, faxes, letters, etc. of an administrative nature at the request of the Division Manager;
Perform various other related duties as assigned by the Division Manager.
Selection Criteria
At least a Bachelor’s degree or its equivalent in in economics, finance, business administration, regional planning or in related fields;
Preferably a minimum of 6 years of relevant professional experience
Strong client orientation with commitment to results on the ground and operational experience;
Excellent interpersonal and communication skills and good ability to communicate ideas effectively;
Excellent computer skills: Word, Excel, PowerPoint, etc;
Excellent verbal and written communication skills in English and French. A good working knowledge of the other language would be an added advantage;
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