Portfolio Manager at EAST AFRICAN DEVELOPMENT BANK

EAST AFRICAN DEVELOPMENT BANK Portfolio Manager
Job details
Reference number: EADB/PM/2013
Job Title:  Portfolio Manager	Supervisor: Head of Operations
Location: Uganda – tenure up to three (3) years
Job summary
The Portfolio Manager is accountable for ensuring that the Bank realizes expected return on investment by taking charge of the implementation and supervision activities of the project cycle. The position is responsible for designing policies and tools to monitor performance of active projects and where applicable offer technical guidance to ensure that projects meet targeted time, quality and business objectives.
Key responsibilities
Receive approved projects from the Appraisal Manager and oversee implementation and supervision activities. In liaison with the legal department, participate in the preparation of post approval documentation and registration of securities. Ensure that disbursements are in line with the approved policies to protect EADB’s investment. Lead the Portfolio team in providing technical assistance and advisory services to internal (investment officers) and external (project managers) to ensure that projects meet time, quality and budget targets. Monitor progress of implementation and ensure that implementation is in line with the approved timetable and budgets. Table supervision reports to PROCO/ MAC for action/ advice. Prepare project completion reports on completion of implementation. Evaluate supervision reports and troubleshoot any problems detected. Carryout periodic sample based rapid portfolio reviews and stress tests as an early problem loan identification mechanism; Provide solutions to pre-empt problems in the portfolio. Take steps to proactively mitigate project portfolio risk and ensure stakeholders clearly understand what risks will or will not be mitigated Take responsibility and accountability for debt collection. In liaison with the Finance department, follow up repayments, account reconciliations and billings by reviewing financial reports and where anomalies are identified, propose immediate remedies. Report and manage overall project portfolio, communicate status to project stakeholders, take responsibility for end-to-end solution delivery, ensuring timely delivery of high quality project deliverables through effective team communications and focus on quality. Carry out portfolio analysis to establish the quality of the Bank’s portfolio and propose change recommendations. Identify projects or clients showing signs of stress, delinquency or deteriorating credit rating and propose remedies or transfer primary responsibility for managing the projects to the Workout Unit; Research and keep abreast with market movement, financial/ economic policies and trends in the region, analyze their impact to the Bank’s investments and propose interventions to management timeously. Produce bi-weekly, monthly, quarterly and annual loan portfolio reports for review by PROCO/ Management. Monitor and report on repayments, and where necessary participate in loan rescheduling processes. Develop and/ or review disbursement policies and project supervision guidelines advise management on changes needed in view of the changing operating environment and ensure implementation of the same. Perform any other tasks assigned Management.

If your career aspirations match these challenging and exciting roles, please write in confidence quoting the position title on the subject of the email or cover letter on or before Monday 22nd July 2013. Applications, including your curriculum vitae, a working e-mail address, daytime telephone contacts, qualifications, experience, present position, current remuneration, names and addresses of three referees should be sent to esdeadb@kpmg.co.ke. All applications should be sent online by email. Applicants for all positions must be nationals of the EADB Member States except where expressly indicated. Applicants who had earlier applied for re-advertised positions should not apply for the same positions.
Applicants will be required to address the following information directly to KPMG:
1) A reference letter from their immediate past employer.
2) A character reference from an individual who has known the applicant for at least 3 years.
The EADB reserves the right not to offer or make any appointments, and to offer and make appointments on other terms and conditions. Successful candidates should be ready to assume duty before 1 October 2013.
EADB will only contact applicants being considered for an interview.