Principal Structuring and Modelling Officer, PISD1

African Development Bank Group (AfDB)

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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. In order to sharply focus the objectives of the Ten Year Strategy (2013 - 2022) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.


Location: Côte d’Ivoire
Grade: PL4
Position N°: 50093746

The Complex

  • The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure and accelerating industrialization.
  • The complex main functions are to (i) strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development, (ii) support the development of reliable and sustainable infrastructure, including cities and urban development, and (iii) place renewed emphasis on industrial and trade performance in support of structural transformation across Africa.
  • The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.

The Hiring Department

  • The role of the Bank’s Private Sector Development Department is to promote private sector in Regional Member Countries (RMCs), ensuring that it plays a central role in laying the foundations in the development role of the Bank, in line with the Bank’s 10 Year Strategy and HI 5 initiatives.
  • As part of the PISD, the Strategy and Transaction Support Division is responsible for preparing strategies, policies, guidelines, and analytical tools relevant to the private sector development; it also ensures global client management and undertakes specialized assignments for the Regions and the Sectors. It also provides ad hoc advice on transaction bankability and structuring of transactions.

The Position
The purpose of the job is as follows:

  • Provide operation support to on the optimization of the legal and financial structure of transactions,
  • Develop and build project financial and economic models.
  • Conduct an independently research for potential structuring and modelling approaches in line with the Bank’s specific financial and legal requirements;
  • Closely interact with Risk Mitigation Officer to ensure consistency with the legal and financial structure of transactions.

Duties and Responsibilities
Under the general guidance and supervision of the Chief Private Sector Transaction Officer, the Principal Structuring and Modelling Officer will perform the following duties and responsibilities:

  • Draft structuring opinions, present proposed solutions for investments under consideration, clarify the pros and cons of diverse structuring  options;
  • Review of legal and financial terms of potential investments and transaction with a view of achieving the future secondary sale of assumed exposures to commercial investors, financiers and insurers;
  • Provide  structuring guidance to Investment Officers through  active engagement in the presentation to clients/sponsors of  financing proposals,  negotiation of financing  mandates,  emphasizing the benefits of loan syndication and co-financing services;
  • Assist in analyzing, understanding and acquainting with financial and economic models prepared by other Stakeholders, including project sponsors/owners.
  • Determine the appropriate conversion factors for linking the socio-economic constraints and financial cash flows in the models.
  • Determine the nature and magnitude of a project’s benefit including the financial and socioeconomic impact for all stakeholders.
  • Audit financial and economic models provided by project sponsors and/or other lenders.
  • Conduct sensitivity analysis on financial models, in line with the bank’s credit risk policy and guidelines.

Selection Criteria
Including desirable skills, knowledge and experience:

  • At least a Master's Degree (or its university equivalent) in Finance or  Economics;
  • Generally more than six (6) years of relevant professional experience in the Bank or a similar institution and/or in strategic consultancy, business development, legal and transaction structuring.
  • Having private sector experience will be an added advantage.
  • Disciplined approach whilst maintaining creativity and lateral thinking for effective problem solving;
  • Sense of initiative and innovation in proposing solutions to client needs;
  • Ability to deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues
  • Strong interpersonal, communication and negotiation skills.
  • First-hand knowledge of private sector investments and techniques
  • Strong experience with corporate and project finance.
  • Sound knowledge of tailored transaction structuring options for sector based investments.
  • Experience with aggregation and pooling structures for investors
  • Ability to respond swiftly to new situations and to anticipate new issues;
  • Proven ability to acquire new skills (particularly in legal, investment, risk capital, technology and innovative sectors)
  • Proven ability to integrate socio, environmental and economic indicators in the model
  • Capacity to adapt to the rapidly evolving needs of the Bank’s Non Sovereign Operations ecosystem.
  • Solid negotiation skills, diplomacy and credibility to deal with clients at all levels.
  • Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
  • Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint). Knowledge of SAP is desirable.

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Summary

Company

African Development Bank Group (AfDB)

Job Level

Experienced (Non-Manager)

Location

Outside Nigeria

Specialization

Banking / Finance / Insurance

Job Type

Full-Time

Minimum Qualification

MBA / MSc

Preferred Years of Experience

5 - 7 years