EOI - Syndication, Co-financing Facilities Support Junior Consultant (FIST) at the African Development Bank Group (AfDB)

Posted on Mon 03rd Apr, 2023 - www.hotnigerianjobs.com --- (0 comments)

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: Expressions of Interest: Syndication, Co-financing Facilities Support Junior Consultant - FIST

Location: Abidjan, Cote d'Ivoire (Remote)
Consultant Type: Junior Consultant
Job Family: Finance
Estimated Duration: 6 months
Start Date: 1st May, 2023
Under the Supervision of: FIST.1 Manager.

Background

  • The Assignment entails working with the Syndication & Co-Financing Division ("FIST1" or the "Division") of the Syndication, Co-Financing, and Client Solutions Department, and other Departments concerned across the Bank, to design a Dashboard of Co-financing facilities and support the implementation of several existing arrangements/facilities the Bank has in place with development partners for co-financing.

Objectives of the Assignment
The services to be provided under the Assignment include assisting the Division in meeting its commitments to:

  • Support the team in the design of the Co-Financing Dashboard, working notably on designing the platform, collecting necessary data, analyzing and presenting it, with the view to ensure readability of key information required by the Executive Management team. The Dashboard will also act as a project tracker.
  • Ensure the fulfillment and performance of Bank’s obligations under co-financing agreements, especially in the case of joint financing where the Bank provides specific fee-based services acting as lender's agent.
  • Leverage Bank's financial resources by maximizing co-financing with other development partners under both existing and new co-financing arrangements and facilities. Existing facilities presently include the European Union, Agence Française de Développement (France), Arica Growing Together Fund (China), Accelerated Co-financing Facility for Africa (ACFA), , the Islamic Development Bank and other ad hoc arrangements based on general cooperation agreements (MOUs).
  • Assist the team in drafting and presenting documents to comply with internal and external reporting requirements as required by management or stipulated under each co-financing agreement.
  • Prepare PowerPoint presentation materials to support the internal and external stakeholders engagement.

Scope of the Assignment
Key responsibilities will include but are not limited to:
Design a Dashboard of Co-financing facilities and project tracker:

  • Collecting input data:
    • Contact data focal points for co-financing projects: task managers, support teams.
    • Design and update data collection templates.
    • Engage focal points to ensure timely submission
  • Checking coherence of data collected:
    • Validate data submitted.
    • Check for coherence with previous submissions.
    • Ensure formatting is respected and reformat as need be
    • Cross-check with other sources of information.
  • Analyzing past data:
    • Analyze trends and difference compared to previous periods.
    • Build coherent time series
  • Projecting future performance based on trends:
    • Deduct future performance.
    • Make projections based on a clear set of assumptions.
    • Validate projections with relevant stakeholders and departments
  • Presenting the data in a format appropriate for the Co-Financing Management Team:
    • Input data in the Dashboard model.
    • Update the model based on new requirements.
    • Safeguard integrity of the model and underlying formulas.
    • Provide short summaries in text format

Overall support to the Syndication and Co-Financing Team:

  • Supporting the production of reporting as part of the Co-financing facilities management by the FIST team, such as quarterly reports, Loan and Portfolio Management reports.
  • Coordinating with key internal counterparts (Office of the Vice President for Regional Development, Integration and Business Delivery; Regional and Country Program Officers; Sector Departments and project Task Managers among others) to identify co-financing candidates in the Bank’s pipeline for the attention of relevant co-financing facilities coordinators.
  • Developing and maintaining a regular co-financing pipeline and progress report.
  • Preparing co-financing requests for transmission to prospective co-financiers.
  • Organizing, participating in and recording the minutes of consultation meetings with co-financiers.
  • Supporting and promoting knowledge and awareness of Bank’s co-financing arrangements.
  • Acquiring and applying expert knowledge of Bank’s co-financing facilities to assisting task managers and other Bank staff concerned with respect to the applicable policies and procedures.
  • Acquiring, compiling, consolidating, verifying and analyzing relevant information from many sources both internal and external, including information on project evaluation and development results.
  • Preparing reports and fulfilling scheduled/assigned reporting requirements (to management as well as to external agencies per applicable agreements).
  • Support the syndication activities of the Bank as required including working on presentations to potential clients and undertaking financial analysis and review of potential borrowers
  • Other relevant tasks, as may be assigned.

Duration of Assignment:

  • The duration of the mission is expected for 6 months. The assignment can start as soon as possible.
  • The renewal will be subject to the performance of the consultant and the availability of the budget.

Location:

  • The work will be carried out on Hybrid mode: Remotely and/or at the Bank's headquarters in
  • Abidjan, Cote d’Ivoire.

Profile of the Consultant

  • Master's Degree in Information Systems, Business Administration, Finance or other relevant fields and related disciplines with at least 2 years of experience.
  • A minimum of 2 years of relevant professional experience in dashboard creation and management, data management and mining, analysis, and forecasting either with a similar development or financial institution, or in the private sector.
  • The Consultant will need to be familiar with the Bank (or other comparable Multilateral Development Bank) lending procedures and policies as well as those of bilateral partners. English fluency is a must, French and/or other relevant languages a plus. Prior experience with donor coordination, co-financing and resource mobilization is an advantage.
  • A national of a Bank’s Regional Member Country (RMC).
  • Be under 32 years of age on 31 December 2023.
  • Demonstrated interpersonal and communication skills, with strong record of working effectively across institutional boundaries.
  • Ability to produce high quality work on a variety of issues within very short deadlines and make effective judgment calls.
  • Ability to work within a multi-disciplinary team of staff from diverse cultural and linguistic backgrounds.
  • Knowledge and prior exposure to portfolio and project trackers, dashboard management, would constitute a significant plus.
  • Good command of IT tools and computer skills: Excel, Access, PowerPoint, Word or equivalent.
  • Experience with data modeling, ETL processes & tool such as Talend, Power Automate, Power Query would be a plus.

Remuneration

  • The consultant will receive a monthly lump sum rate based on his experience. No additional benefits or per diem will be paid. The individual consultant is responsible for his/her own health insurance and own accommodation costs.

Application Closing Date
14th April, 2023 at 17:00 GMT.

How to Apply
Interested and qualified candidates should send their Expressions of Interest (Curriculum Vitae (CV) and Information on their Qualifications and Experience demonstrating their ability to undertake this Assignment (documents, Reference to similar services, Experience in similar assignments, etc.) to Syndication & Co-Financing Division via: [email protected] and Copy: Rim Bekri via: [email protected] using "Syndication, Co-Financing Facilities Support Junior Consultancy" as the subject of the mail.

Click here for more information

Click here for the Job Description (PDF)

Note

  • The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Rules and Procedure for Corporate Consultants.
  • Interest expressed by a Consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist.
  • Interested Individual Consultants may obtain further information and clarifications from [email protected].