{"id":12062,"date":"2014-07-14T00:14:27","date_gmt":"2014-07-14T00:14:27","guid":{"rendered":"https:\/\/joblistghana.com\/?p=12062"},"modified":"2016-11-14T10:55:14","modified_gmt":"2016-11-14T10:55:14","slug":"african-development-bank-recruiting-several-positions","status":"publish","type":"post","link":"https:\/\/joblistghana.com\/african-development-bank-recruiting-several-positions.html","title":{"rendered":"African Development Bank Recruiting Several Positions"},"content":{"rendered":"
Objectives<\/p>\n
The\u00a0African Development<\/span>\u00a0Bank\u2019s mission is to contribute to Africa\u2019s transformation through inclusive and \u2018green\u2019 growth that is environmentally sustainable and economically empowering.\u00a0 One of the core operational priorities of the Bank is private sector development. Within the Private Sector Operations Department\u2019s OPSM, the Financial Institution Division (OPSM4) is in charge of the identification, preparation and appraisal of projects in financial sector.\u00a0 More specifically, the\u00a0Trade Finance<\/span>\u00a0Team in OPSM4 is in charge of implementing the Bank\u2019s Trade Finance Program which entails the design and deployment of an enhanced set of financial products and preparing projects and transactions that enable the Bank play a meaningful role in the trade finance market in Africa.\u00a0 The Trade Finance Team therefore comprises both the origination team and the middle\/back office that is responsible for monitoring and\u00a0managing<\/span>\u00a0the portfolio of trade finance transactions with partner financial institutions, mainly in the area of guarantees.<\/p>\n Duties and responsibilities<\/strong><\/p>\n Under the supervision of the Division Manager and with guidance from the Lead Trade Finance Officer, the Senior Trade Finance Officer will:<\/p>\n \u2022\u00a0\u00a0 Monitor the utilisation of various trade finance limits, all revenue due to the Bank and compliance to the conditions and covenants of the signed Trade Finance Program (TFP) agreements. Qualification Required & Experience<\/strong><\/p>\n Including desirable skills, knowledge and experience<\/p>\n \u2022\u00a0\u00a0 At least a Master\u2019s Degree in Business Administration, Finance, Economics, Accounting and Banking and preferably a professional qualification in one of the aforementioned fields.\u00a0 Certification in Trade Finance and other banking specialisations requiring experience in operations and reconciliation of accounts would be an advantage. Location:\u00a0Ghana<\/p>\n
\n\u2022\u00a0\u00a0 Monitor the performance of the trade finance portfolio \u2013 analyse, develop and implement changes to ensure the products remain relevant to the needs of clients.
\n\u2022\u00a0\u00a0 Participate in the\u00a0administration<\/span>\u00a0of assigned risk sharing arrangements with partner international banks and multilateral and bilateral organisations involved in the TFP.
\n\u2022\u00a0\u00a0 Prepare regular reports on the progress of the TFP to senior management, conduct product competitor analysis and keep abreast of innovations in trade finance, monitor developments in the sector and assess their impact on the Bank\u2019s Trade Finance Program.
\n\u2022\u00a0\u00a0 Plan and execute portfolio supervision missions to partner confirming banks and issuing banks. This includes developing terms of reference for the mission and undertaking background review of the relevant portfolio or transactions that will be the subject of the supervision mission. The work also includes assessing the risks of projects and advising senior management on appropriate mitigating measures; structuring\/restructuring of projects to minimize financial risks; participating in negotiations on review of the financing terms and legal conditions of portfolio projects.
\n\u2022\u00a0\u00a0 Undertake research relevant to projects in the portfolio to improve the Trade Finance Team\u2019s understanding of project opportunities and risks. Such research may cover general trade finance sector trends, the evolution of pricing and commissions in the trade finance market etc.
\n\u2022\u00a0\u00a0 Participate in project identification missions and the preliminary evaluation of project proposals to assess their feasibility for financial assistance and\/or technical support by the Bank. This involves the initial screening of project applications, carrying out of desk reviews, preparing preliminary evaluation notes for presentation to the Department Management Team to determine a project\u2019s suitability for inclusion in the pipeline; and the preparation of project appraisal reports for presentation to the Department, the various review committees and finally to the Board of Directors.
\n\u2022\u00a0\u00a0 Develop relationships within the Bank and with other institutions involved in the promotion of trade
\n\u2022\u00a0\u00a0 Participate in developing and promoting new trade finance products
\n\u2022\u00a0\u00a0 Perform any other duties as may be required.<\/p>\n
\n\u2022\u00a0\u00a0 A minimum of five (5) years of relevant professional experience with good market knowledge \u2013 particularly in relation to DFI trade finance products, African trade finance market and\u00a0financial analysis<\/span>\u00a0of financial institutions.
\n\u2022\u00a0\u00a0 Experience in project portfolio management and trade finance back office operations in financial institutions is desirable.
\n\u2022\u00a0\u00a0 Knowledge of correspondent banking relationship management.
\n\u2022\u00a0\u00a0 Good understanding of trade finance issues affecting African FIs, exporters and importers and policy issues associated with trade facilitation and regional integration.
\n\u2022\u00a0\u00a0 Strong customer focus, ability to interface effectively with clients and business contacts at a senior level.
\n\u2022\u00a0\u00a0 Ability to build partnerships and deliver results that meet the needs and long-term interest of clients within and outside the institution;
\n\u2022\u00a0\u00a0 Integrity and ability to work in team;
\n\u2022\u00a0\u00a0 Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
\n\u2022\u00a0\u00a0 The successful candidate should be methodical, analytical and someone who pays attention to detail.
\n\u2022\u00a0\u00a0 Ability to work independently and be creative and innovative;
\n\u2022\u00a0\u00a0 Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint) and preferably including SAP and OCS.
\n\u2022\u00a0\u00a0 Proficiency in English and\/or French, with a working knowledge of the other language.<\/p>\n