Lead Syndication / Co-Financing Officer - Private Sector and Microfinance Department

  • Grade: PL-2
  • Position N°: 0948
  • Reference: ADB/12/001
  • Publication date: 09/01/2012
  • Closing date: 05/02/2012

Objectives

The Syndication & Co-financing Unit within OPSM.1 is responsible for arranging financing under the Bank’s A/B-loan programme with commercial investors and syndicating facilities to other Development Finance Institutions. The objectives of this include to:

  • Establish African Development Bank as the leading arranger of syndicated development co-financing in Africa;
  • Mobilise funding from all external investors – commercial banks, DFIs, ECAs, funds, etc. – to leverage the development impact of the deployment of the Bank’s risk capital;
  • Integrate syndication and co-financing into OPSM’s operations, so that the mobilisation of external funding becomes the standard business model;
  • Support investment officers in identifying co-financing opportunities and promoting the Bank’s distribution services to borrowers / sponsors;
  • Assist with the structuring and pricing of proposals by feeding back market intelligence;
  • Expand the use of other risk mitigation products.
  • Enable the Bank to manage its portfolio through the sale of existing assets.

Duties and responsibilities

Under the supervision of the Division Manager, the incumbent’s duties and responsibilities will include :

  • Providing structuring guidance to investment officers and actively participate in presenting proposals and mandate letters to clients, emphasising the benefits of syndication and co-financing;
  • Marketing the B-loan product and establishing working relationships with the widest possible group of commercial co-financiers;
  • Devising and implementing enhanced co-operation in syndication between DFIs;
  • Providing market pricing and risk appetite feedback to OPSM management for their consideration of all private sector facilities;
  • Acting as Deputy and OIC in the absence of the unit head;
  • Recommending improvements to syndication guidelines and unit procedures;
  • Identifying existing assets for potential secondary sale, obtain market feedback on likely cost of sale and, where applicable, seek all necessary approvals (in conjunction with Portfolio Management Division, OPSM.5);
  • Support the development of risk mitigation products, including guarantees.

Selection Criteria

  • A minimum of a Master’s degree in Business Administration, Finance, Economics, Management or other relevant fields;
  • At least eight (8) years’ banking experience including credit training or relevant skills within the Bank or other relevant institution;
  • Wide network of contacts among relevant investors;
  • Strong people and communication skills including the ability to construct arguments and influence others;
  • Familiarity with market practice, banking law and a wide range of industries and financial products;
  • Ability to build working relationships (internal and external);
  • Ability to guide and train others while working with minimal day-to-day supervision and under pressure.

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Lead Syndication / Co-Financing Officer - Private Sector and Microfinance Department (52 KB)


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Lead Syndication / Co-Financing Officer - Private Sector and Microfinance Department Lead Syndication / Co-Financing Officer - Private Sector and Microfinance Department Reviewed by Unknown on 4:04:00 AM Rating: 5

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