Director, FIST at the African Development Bank Group (AfDB)

African Development Bank Group is inviting credible applicants who are willing to partake in its ongoing recruitment to fill the position below:

Job Title: Director, FIST

Position: 50092447
Location: Abidjan, Côte d’Ivoire
Position Grade: EL5

About African Development Bank Group: 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.

Job Requirements

• Have at least a Master’s Degree in Economics, Finance and/or Business Administration or a related field.
• Have at least ten (10) years of relevant experience in reputable financial institutions. At least five (5) years of this experience must have been acquired at the managerial level.
• Have sound knowledge of market instruments and sources of market financing (sovereign bond financing, municipal/sub-sovereign financing, syndicated loans/infrastructure financing), other financing sources and risk management/hedging products.
• Have good knowledge of fundraising and on-lending activities in capital market development, especially in Africa.
• Excellent knowledge of financial issues faced by sovereign and non-sovereign clients in developing countries and policies related to the Bank’s mandate.
• Broad knowledge of capital markets and proven knowledge of project finance and the use of risk mitigation instruments to catalyse private capital.
• Thorough knowledge and understanding of the major risk transfer instruments including, but not limited to, insurance, on-lending, funded and unfunded risk participation, credit default swaps and synthetic securitization and their impact on balance sheets.
• In-depth knowledge of structured finance, with the ability to provide innovative financing solutions to various stakeholders.
• Ability to demonstrate a high level of integrity and decisiveness, including taking responsibility and holding others accountable for results.
• Ability to set strategic direction and ensure its implementation.
• Proven experience leading large and complex teams.
• Be highly customer-focused, with the ability to build strong relationships and interact effectively with customers and business contacts at a management and team level.
• Possess strong experience in investment and development banking and have worked on projects for the private sector, public entities, utilities/infrastructure authorities and governments.
• Have strong, proven written communication and presentation skills.
• Demonstrated experience in leading large and complex teams, and in supporting and mentoring departmental staff and developing teams.
• Have good business acumen and decision-making skills.
• Have good problem-solving skills
• Ability to communicate effectively (written and oral) in English or French, with a good working knowledge of the other language.
• Proficiency in the use of standard Microsoft Office Suite applications (Word, Excel, Access, PowerPoint); proficiency in SAP is highly desirable.

 How to Submit Your Application

Interested and qualified candidates should:
Click here to apply online

Note: This position is classified international status and attracts international terms and conditions of employment.

 Application Closing Date
21st January, 2023.