The Private Sector and Microfinance Department is responsible for all private sector operations falling within the umbrella of the Bank Group’s private sector development strategy. The department plans, organizes and carries out the activities related to private sector project identification, preparation, appraisal, implementation and portfolio management. The department provides financial and technical assistance for private sector projects and programs. It also supports the Bank’s diagnostic and enabling environment reform programs to improve the investment climate in Africa.
Duties and responsibilities
Under the supervision of the Director, the Principal Business Development Officer will:
- Participate in all client relationship management activities for the Department with a view to ensuring the professional image of the Bank.
- Supervise the initial screening process of project applications by logging applications, preparing acknowledgements for clients, evaluating applications against prescribed selection criteria, preparing professional correspondence to clients declining unsuitable applications, forwarding potentially suitable applications to the appropriate business unit for follow up actions, tracking applications sent to business units to ensure professional communication of the Bank's final intentions.
- Analyze project applications and prepare summary statistics and management reports on business trends and the achievement of business plan objectives.
- Assist in the preparation of analysis on business trends/opportunities in specific sectors and countries. As necessary engage the services of consultants to carry out market studies/surveys to inform the Department's business development strategies.
- Prepare all marketing and promotional material including speeches for colleagues to effectively communicate the Bank's private sector development vision, strategies and business plans to stakeholders such as potential clients, business associations, trade forums, government officials, donor agencies, potential co-financiers and sister development finance institutions.
- Undertake marketing and promotional activities to effectively communicate the Bank's private sector development vision, strategies and business plans to stakeholders.
Selection Criteria
Including desirable skills, knowledge and experience
- At least a Master’s degree (or its university equivalent) in Business, Finance or Economics;
- Generally more than 6 years of relevant professional experience in the Bank or a similar institution and/or in strategic consultancy, investment or commercial banking, business development and macroeconomic analysis;
- Client and results oriented individual, with strong analytical and communication (both verbally and in writing) skills, sense of accuracy and attention to detail;
- Ability to deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues;
- Strong leadership and coaching skills, with a proven track record of working in teams and creating an empowering and self-development oriented work environment;
- Ability to communicate and write effectively in English and/or French, with a good working knowledge of the other language; on top of the aforementioned language requirements, command of Arabic and Portuguese (both verbal and in writing) would be an advantage;
- Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint) and preferably including SAP and OCS.
Document download
Principal Business Development Officer - Private Sector and Microfinance (90 KB)
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To apply for this position, you need to be national of one of AfDB member countries.
- Submitted by: Mohamed M. YOUSSOUF Division Manager, CHRM.1
- Approved by: Gemina ARCHER-DAVIES Director, CHRM
Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs
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