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