African Development Bank (AfDB) established to strengthen dialogue between the Bank and the Government is recruiting to fill the below position:
Position Title: Chief Treasury Officer - FTRY
Grade: PL3
Position N°: NA
Reference: 50053475
Objectives
The role of the Capital Markets and Financial Operations Division (FTRY.1) is to: (1) Raise cost effective resources from the capital markets; (2) Contribute to the Capital Increases process and administer the subscriptions of shareholders to the capital of the African Development Bank; and (3) Contribute to the ADF replenishment negotiations and administer the subscriptions of donors to the African Development Fund and Multilateral Debt Relief Initiative.
Duties and responsibilities
Under the general supervision of the Division Manager, FTRY.1, the incumbent will carry out the following functions, namely:
Implementation of the borrowing program and management of liabilities:
Monitor bond markets
Advise on regulatory developments in capital markets
Manage relationships with banks and maintain constant flow of discussions on bond markets developments and a proactive and comprehensive coverage across markets and instruments
Participate and/or design issuance strategy in various markets
Draft the annual borrowing program of the Bank.
Draft, negotiate and finalize the technical documents required to launch new bond issues
Source, analyze, price, negotiate and execute borrowing, derivatives, buyback trades and other liability management transactions
Update the Bank’s borrowing documentation including the Global Debt Issuance Facility and General Information Statement
Participate in the investors’ relations program to deepen and widen the Bank’s investor base, updating them on the Bank’s credit story. Manage relationships with investors.
Administer resources and subscriptions of the ADB, ADF and Multilateral Debt Relief Initiative (MDRI) :
Responsible for the administrative management of subscriptions of the African Development Fund, the African Development Bank and the Multilateral Debt Relief Initiative
Advise Management and participate in discussions on capital increases and ADF replenishments; prepare relevant technical papers
Prepare, review and control documents related to the implementation of the ADB, ADF resolutions and MDRI
Manage relationships with member countries and donors Administrative management of subscriptions, contributions, payments and encasements
Prepare financial notes, briefs and status reports
Participate in the Bank’s credit rating review process
Contribute to the annual rating review process with Credit Rating Agencies;
Participate in the review of the Bank’s financial policies:
Participate in the review the Bank’s financial policies
Contribute to the Asset and liability Management working groups
Prepare the Bank’s Financial Presentation booklet
Prepare the administrative hedge of the Bank’s budget
Requirement
Including desirable skills, knowledge and experience
At least a Master's degree in Finance, Economics, Statistics or related quantitative discipline
Preferably a minimum of seven (7)years of professional experience in international Capital Markets, fixed income markets
Ability to produce well-structured business documents and reports in English and/or French
Excellent communication and presentation skills required in French and/or English, working knowledge of the other language preferred. English language skills should allow candidate to effectively interact with international investors
Excellent knowledge and understanding of financial instruments, particularly bonds, derivatives, structured products, and risk management concepts
Strong knowledge of the regulatory environment of capital markets
Ability to work effectively with individuals of different views, culture, nationality, gender and age
Strong ability to cope with multiple demands and competing priorities under pressure
Very good presentation skills
Ability to bring together people with complementary skills to ensure a project’s success
Command of standard computer software applications such as Word, Excel, PowerPoint
Knowledge of Bloomberg, Summit/Numerix would be an advantage
Application Closing Date
4th November, 2014
Method of Application
Interested and qualified candidates should Click here to apply online