EOI - Senior Consultant (Analytical and Financial Modeling Support) at the African Development Bank Group (AfDB)

African Development Bank Group (AfDB) - 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.

We are recruiting to fill the position below:

Job Title: Expression of Interest for Senior Consultant to Provide Analytical and Financial Modeling Support to the Asset and Liability Management Division of the African Development Bank

Location: Abidjan, Côte d'Ivoire
Consultant Type: Individual Consultant
Job Family: Finance

Description

• The African Development Bank (AfDB) hereby invites Individual Consultants to indicate their interest in the following Assignment: Senior Consultant To Provide Analytical And Financial Modeling Support To The Asset And Liability Management Division Of The African Development Bank.

The services to be provided under the Assignment include:

• Developing and evaluating the impact that various products and scenarios could have on the financial position of the Bank Group entities, which will entail conducting financial analysis, developing financial models, performing scenario analysis and assessing/presenting various options and solutions for Management’s consideration;
• Leading and supporting the implementation of recommendations made by external consulting firms to enhance the risk management capabilities of the Bank Group, among others;
• Assisting with the development of a model for computing ex-post RAROC figures that will be used for the purpose of monitoring and reporting the performance of both SO and NSO portfolios;
• Performing a cost-benefit analysis, primarily from a capital intensity perspective, of borrowings undertaken in a range of different capital markets;
• Helping to compute and analyze the evolution of the Bank’s Net Interest Margin and its main drivers;
• Contributing to the design of permanent standby special temporary callable capital solution;
• Help in the elaboration of the key documents for the division; and
• Perform any other task agreed with the division manager on an ad-hoc basis. More details about the scope of services required under the assignment are shown in Annex 1 (Terms of Reference).
• The Financial Risk Management Division (FIFM1) invites eligible Individual Consultants to indicate their interest in providing the above services. Interested consultants shall provide information on their qualifications and experience demonstrating their ability to provide the services (documentation, references for similar services, experience in comparable assignments, etc.).

Essential Specialized Skills / Competences

• The Consultant shall be a professional of high repute, who has at least 8 years working experience in Asset & Liability Management, Financial Projections, Debt Allocation, Interest Rate Risk, Liquidity risk and Currency Risk management, as well as solid knowledge of Fund Transfer Pricing concepts;
• Experience of forecasting refinancing needs, P&L and balance sheet of a financial services/banking entity;
• Working experience with Excel worksheets;
• Professional certificate in Finance/Accounting is an added advantage;
• Should have good analytical skills and an eye for details;
• Should be familiar with RAROC methodologies;
• He/she should be fluent in English or French with working knowledge in one of the other language;
• Knowledge of the African Development Bank and its operations would be an advantage; and
• Knowledge of the operations of Multilateral Development Banks is an added advantage.

Establishment of the Shortlist
A shortlist of three to six Individual Consultants will be established at the end of the period set by the Bank for receiving Expressions of Interest. The Individual Consultants on the shortlist will be judged on the following criteria, based on the information provided in their resume.

• General qualifications and adequacy for the proposed Assignment 30%
• Similar experience in the area of expertise of the Assignment 50%
• Experience with the Bank or other international donors 10%
• Language proficiency 5%
• Knowledge of the Region (environment of the Assignment) 5%

Application Closing Date
15th June, 2023 at 09:00 to 17:00 hours, Abidjan local time.