ECOWAS Bank for Investment and Development (EBID) is an international financial institution established by the 15 Member States of the Economic Community of West African States (ECOWAS). EBID includes: Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The main objective of EBID is to contribute to the economic development of West Africa through the financing of ECOWAS and NEPAD projects and programs. The headquarters of the bank is in Lome in the Togolese Republic.
As part of its capacity building efforts, the ECOWAS Bank for Investment and Development is seeking qualified candidates who are citizens of the community to fill the position below:
Job Title: Head of Division, Loan Administration
Grade P5-1
Location: Togo
Job Summary
- Reporting to the Director of Finance, the Head of Division, Loan Administration shall be responsible for administering loans and providing advice on all matters relating to loans.
- He/she will also be responsible for the subsidiary accounts of the commitments of the Bank.
Duties
- Appraise disbursement requests in respect of loan operations;
- Participate in negotiations on loans, equity participation and technical assistance;
- Keep and update the commitments ledger of the Bank;
- Prepare provisional and final loan amortization tables;
- Keep the subsidiary accounts of the commitments of the Bank;
- Monitor the recovery and maturity of loans;
- Prepare weekly, monthly and quarterly statements on the situation of clients and arrears;
- Prepare annual report on the situation of the Bank’s portfolio;
- Prepare and submit report on the situation of recovery of loans;
- Carry out all other duties assigned by Management.
Qualifications, Experience and Skills
- Master's degree in Accounting from a recognized University or a professional qualification from an Accountancy Institute recognized by the International Federation of Accountants;
- Minimum of ten (10) years minimum professional experience, preferably in the area of loans administration, financial risk management or any other comparable experience;
- Experience in the banking/insurance or experience acquired in a consultancy firm would be an advantage;
- Sound knowledge of the dynamics of capital markets, financial instruments, foreign exchange operations and its attendant risks;
- Ability to prepare clear, concise and accurate reports, as well as specialized working notes on financial issues;
- Ability to negotiate and possess sound communication skills;
- Result oriented and sound analytical skills;
- Ability to manage a team in a multicultural environment;
- Ability to impart knowledge, delegate duties and responsibilities, supervise and take decisions;
- Sense of organization and ability to work in a team.
General Requirements
Candidates must:
- Be citizens of ECOWAS Member States;
- Not be above 45 years of age;
- Be computer literate (Word, Excel, Access and PowerPoint)
- Be fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.
Application Closing Date
17h00 GMT; 30th June, 2015.
Method of Application
Interested and qualified candidates should send or deliver their applications and CV's in sealed envelope, marked "2015 Recruitment Exercise" and state the position applied to the address below:
ECOWAS Bank for Investment and Development (EBID)
Department of Administration and Human Resources
128, Bd. du 13 Janvier,
BP 2704,
Lome-Togo.
Application must include
- A detailed curriculum vitae;
- A letter of interest;
- Copies of degrees or certificates;
- Copy of identity card or passport;
- Copy of birth certificate.
Note: Only shortlisted candidates will be invited for a test. EBID reserves the right to stop further action on this job vacancy notice