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Principal Portfolio Management Officers at African Development Bank (AfDB)

Posted on Tue 25th Nov, 2014 - hotnigerianjobs.com --- (0 comments)


African Development Bank (AfDB) established to strengthen dialogue between the Bank and the Government is recruiting to fill the below position:

Job Title: Principal Portfolio Management Officer


Grade: PL-4
Position N°: 50001316
Reference: N°ADB/14/
Location: Nigeria

Objectives
  • Manage the cash funds of the organization and the receipt, recording and investment of cash from all sources; make disbursements; prepare short- and long-term cash flow plans; decide the level of cash funds required in the short term in various currencies; monitor the organization's portfolio of funds on deposit; purchase and sell currencies to meet the needs determined; invest excess cash funds at the best available interest rates; make banking arrangements; provide technical support to the organization's advisory committee on investments; and complete, record and follow-up on the collections of assessments from Member Governments.
Duties and responsibilities
Under the supervision of the Division Manager, the incumbent will:
  • Provide expert advice to management;
  • Conduct field supervision and preparation of annual supervision reports;
  • Manage and monitor the portfolio in order to maintain its quality and develop appropriate turn-around, work-outs and restructuring proposals;
  • Monitor compliance with reporting requirements,
  • Timely-debt servicing by borrowers and arrears monitoring;
  • Regular desk reviews and preparation of reports for management information;
  • Supervise management information systems;
  • Maintain and schedule disbursement processing; and,
  • Coordinate studies and the recruitment of consultants in related areas.
  • The incumbent may be requested to carry out tasks in the context of investment finance and other Departmental activities as required.
Requirements
Including desirable skills, knowledge and experience
  • At least a Master's Degree in Business Administration, Finance, Banking or related areas, plus preferably a Bachelor Degree in engineering, finance or economics.
  • A minimum of six (6) years of relevant experience.
  • Ability to build partnerships and deliver results that meet the needs and long-term interest of clients within and outside the institution;
  • Ability to work independently and be creative and innovative;
  • Integrity and ability to work in team;
  • Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
  • Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint).
  • Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language.
Application Closing Date
7th December, 2014.

Method of Application

Interested and qualified candidates should:
Click here to apply online

  

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