EAST AFRICAN DEVELOPMENT BANK JOBS , MAY 2014

1. Project Manager (Civil Engineer and Quality Surveyor)
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Head of Corporate Affairs
Overall purpose: The position exists to efficiently manage all EADB’s properties; oversee their maintenance; recommend optimal usage and where applicable generate targeted revenue.
The Project Manager is accountable for the entire Bank’s property (owned, leased or rented) in Uganda, Kenya, Tanzania & Rwanda.
The role will also include development of real estate projects for the Bank and its clients and shall participate in the appraisal review of property development projects the Bank intends to finance.
Duties and Responsibilities

Develop for management’s approval a property development and maintenance manual and guidelines;

Provide advice and counsel to Investment Officers on property development projects. When appropriate, assist in developing tailor-made solutions to meet clients’ demand;

Provide advisory services to management on issues of land tenure in East Africa, property taxation, land value, property development strategies, rental charges, tenancy regulations etc;

Participate in the acquisition and disposal of properties and/ or assets according to the Bank’s guidelines; appraise the housing markets in major cities in the region, advise management on property pricing and recommend potential properties for acquisition to expand the Bank’s estates investment;

Prepare and present for management approval estates’ revenue generation plans and revenue growth strategies;

Prepare property management budgets and major maintenance works plans for all EADB estates. Pre-qualify suppliers, service providers and contractors and negotiate favourable terms for the Bank;

Oversee renovations and rehabilitation of Bank properties as approved in the capital budget, set performance standards and prepare terms of reference for contractors and service providers; prepare and /or approve bills of quantities and specifications to facilitate the renovation of EADB premises; supervise renovation, construction and/or maintenance works; and confirm that the works meet the Bank’s standards and are completed before payments are made;

In conjunction with the risk management department, assess/ evaluate the safety and security risks of all the Banks properties and propose mitigating strategies;

In conjunction with the security office, prepare safety and security guidelines; oversee the installation of safety gadgets and security systems; and communicate security and safety information to tenants and other property users;

Create and maintain an updated record of all EADB’s properties, establish their value and report on the same regularly.

Prepare and present to management monthly revenue and expenditure reports in area of responsibility showing performance against targets. Identify, propose and implement cost control and management strategies;

As the first port of call for EADB’s estates, provide information as required to potential, existing and exiting tenants; and

Carry out any other duties assigned by Management.
Qualifications and Experience

A First degree in Civil Engineering, Quantity Surveying or other relevant technical degree;

Professional qualification in property management, construction, project management or equivalent;

At least 7 years’ experience in construction and/or property management within a busy commercial environment;

Experience in the preparation of Contract Conditions and Specifications;

Experience in maintenance works, management of contractors and preparation and review of bills of quantities;

Basic accounting training and experience;

Must have strategic and business orientation;

Must have knowledge of land and property management legislation;

Must have high level of integrity, initiative, good judgment; and

Must have supervisory skills and excellent communication skills.
2. Senior Legal Officer
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Principal Legal Officer
Job purpose: The Senior Legal Officer is responsible for providing advice on a wide range of legal issues including but not limited to the administrative functions of the Bank.
The Job provides quality in-house legal services and drafts agreements between the EADB and third parties.
The position will provide administrative and secretarial services to the legal function.
The position shall conduct a variety of research and analysis assignments, assist the legal team in preparing legal and/or administrative documents, and participate in reviews of legislation pertinent to the Bank.
The incumbent will take minutes and provide secretarial services to Board of Directors and Governing Council.
Governance and administration

Advise on constitutional and corporate legal matters arising from the interpretation and application of the Banks Charter; draft legal documents concerning membership and participation in the Bank, and the creation and administration of special funds;

Develop, implement and interpret internal legislation;

Provide legal advice and assistance; draft, vet and revise legal documentation relating to the structure and administration of the Bank and special funds, with other international organizations and with member and non-member states, including matters pertaining to the privileges, immunities and exemptions of the Bank and those vested on the Bank, its employees, experts and consultants;

Provide legal support to the preparation, negotiation and finalisation of legal instruments of cooperation between the Bank, bilateral and multilateral development partners;

Manage and direct the Banks’ representation in litigation, arbitration, and other administrative or legal proceedings, including internal administrative reviews, appellate and judicial proceedings; and other matters in which the Bank is a party or may have an interest;

Provide legal services and assistance in connection with all administrative and human resources management matters, the acquisition of goods and services for the Bank including preparing, reviewing, concluding all contracts and other legal instruments and advising on all legal matters relating to administrative and personnel matters;

Undertake research and provide recommendations to senior management of significant developments, emerging opportunities and challenges in areas of responsibility; and

Prepare minutes of various committees including Board of Directors and Governing Council.
Administrative Support

Provide legal services and assistance in connection with all administrative and human resources management matters, the acquisition of goods and services for the Bank including preparing, reviewing, concluding all contracts and other legal instruments.

Advise management on legal matters relating to administrative, personnel and disciplinary matters.

Participate in the preparation of contracts and other legal documents for staff, contractors, and service providers.

Prepare and monitor compliance to contractual agreements between suppliers, contractors and/or consultants and EADB; verify and ascertain the business value of all contracts and advise management accordingly and timeously.

Prepare and monitor compliance to all tenancy agreements for all EADB’s owned, leased or rented property.

Oversee and renew insurance cover for all EADB’s employees, property and equipment in accordance to the Bank’s policies to protect them against foreseeable risks.

Implement, interpret and monitor compliance to internal legislation and advise management accordingly.

Study tax regulations related to EADB’s business and administrative operations and advise management accordingly to ensure compliance.

Assist in the preparation of legal contracts, deeds, leases, and other legal papers of a routine nature. Research relevant statutes, rulings, and precedents to be used as a basis for answering requests for legal opinions of a routine nature.

Monitor and keep a record of the Bank’s insurance policy and track renewal of covers to ensure that Bank’s assets are protected from insurable risks at all times.

Research background of matters requiring promulgation of administrative rules and assist with rules drafting. Assist the Human Resources department in review of staff complaints.

Update legal publications and participate in the work associated with the Bank’s law library and registry including keeping a record of all the Bank’s legal cases and updating them as required.

Research background of matters requiring promulgation of administrative rules and assist with rules drafting. Assist the Human Resources department in review of staff complaints.

Assist with conducting research, compiling, writing, editing and publishing rules, regulations and policies of the Bank.

Participate in the preparation of contracts and other legal documents for staff, contractors, and service providers.
Litigation

Perform preliminary work in the preparation of legal opinions. Assist in the preparation of cases and hearings of a routine nature. Conduct factual investigations of a limited scope. Research relevant statutes, rulings, and precedents to be used as a basis for preparing contested case decisions.

Prepare correspondence and keep a file register to track file movement of legal related work.

Update legal publications and participate in the work associated with the Bank’s law library and registry including keeping a record of all the Bank’s legal cases and updating them as required.

Provide and/or work with contracted legal counsel to provide the Bank with adequate legal representation and /or services and ensure that all the Bank’s interests are protected at all times.

Liaise closely with external counsel and prepare regular updates and reports on on-going litigation.

Participate in the Bank’s representation in litigation, arbitration, and other administrative or legal proceedings, including internal administrative reviews, appellate and judicial proceedings and other matters in which the Bank is a party or may have an interest;

Provide legal support in the preparation, negotiation and finalization of legal instruments of cooperation between the Bank, bilateral and multilateral development partners;

Perform any other tasks assigned by Management and Submit at least a monthly performance report in accordance with the requirements of the role and any other performance indicators or deliverables required by the Bank.
Qualifications and Experience

Bachelors degree (LLB) from a recognized university; LLM etc

A post-graduate degree in Public International Law, Corporate Financial Law, International Business Law or Banking and Finance Law;

Admission and current membership of at least one Bar association; Applicants from non-common law backgrounds may submit evidence of formal training in common law or long experience in common law jurisdictions;

At least 4 years relevant experience

Including experience in one or more of the following fields: secured cross-border lending transactions Project Finance, Asset Finance, Structured Finance, PPP/PPI, BOT or Concession Financing, and/or cross-border capital market or corporate finance transactions (bonds, IPOs or privatizations);
3. Principal Legal Officer
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Manager, Legal Services
Job purpose: The Principal Legal Officer is responsible for providing advice on a wide range of legal issues relating to the functions, structures and activities of the EADB, including the Treaty and Charter of the EADB, the Headquarters Agreement, international conventions and treaties.
The position will be involved in negotiations and will draft agreements between the EADB and third parties.
Duties and Responsibilities

Conduct legal due diligence on proposed projects and provide comprehensive legal opinions on the Bank’s portfolio.

Verify all supporting legal documentation and ensure authenticity and accuracy;

Negotiate financing agreements, investments and derivative transactions;

Provide legal support, advice and prepare standard documentation required for the Bank’s business transactions. Such documents may include investment agreements and security documentation for, but not limited to, secured cross border lending transactions, (Project Finance, Asset Finance, Structured Finance, PPP/PPI, BOT or Concession Financing and/ or cross boarder capital market or corporate finance transactions (bonds, IPOs or privatizations). The position will be accountable for drafting agreements that conform to best practice in the banking industry and exclusively protect the Bank’s interests;

Periodically monitor compliance to EADB’s agreements by all parties including the EADB. Offer legal opinion during project appraisal processes to facilitate business decisions;

In conjunction with the Work out Unit, negotiate debt settlements; initiate legal action related to debt recovery and realization of securities; and coordinate appointment and tasks of receivers and managers;

Prepare work plans and advise the Operations team on the cost of legal services, to facilitate pricing of Bank products. Manage own and/ or contracted counsel’s legal fees and operational costs as a contribution to the cost management strategy of the Bank;

Monitor and study new or revised legislation regarding the EAC, member states and the industry and timeously advise management on their impact to the Bank’s business;

Take measures to ensure that the Bank’s security register is current at all times and the titles and all other related documents are handled with utmost efficiency to guarantee their safety and security;

Take custody of the Bank’s legal instruments. Provide legal support in the preparation, negotiation and finalization of legal instruments of cooperation between the Bank, bilateral and multilateral development partners;

Provide and/or work with contracted legal counsel to provide the Bank with adequate legal representation and /or services and ensure that all the Bank’s interests are protected at all times;

Manage and direct the Bank’s representation in litigation, arbitration, and other administrative or legal proceedings, including internal administrative reviews, appellate and judicial proceedings and other matters in which the Bank is a party or may have an interest;

Proactively identify and advise management on legal risks, propose and implement mitigation strategies in area of jurisdiction;

Undertake research and provide recommendations to senior management on significant developments, emerging opportunities and challenges in areas of responsibility; and

Perform any other tasks assigned by Management.
Qualifications and Experience

Bachelors degree (LLB) from a recognised university;

A post-graduate degree in Public International Law, Corporate Financial Law, International Business Law or Banking and Finance Law;

Admission and current membership of at least one Bar association; Applicants from non-common law backgrounds may submit evidence of formal training in common law or long experience in common law jurisdictions;

At least 10 years relevant experience

Including experience in one or more of the following fields: secured cross-border lending transactions) Project Finance, Asset Finance, Structured Finance, PPP/PPI, BOT or Concession Financing, and/or cross-border capital market or corporate finance transactions (bonds, IPOs or privatizations);
4. Senior Internal Auditor
1 Position
Duty Station: Uganda - Tenure up to 3 years
Reporting to: Chief Internal Auditor
Job Purpose: The Senior Internal Auditor is responsible for the practical execution of the Department’s mandate of providing independent assurance on the effectiveness of Internal Control, Risk Management and Governance processes in the Bank.
This involves planning for and execution of Internal Audit assignments conducted in line with the Bank’s annual Risk Based Audit Plan, as well as other ad-hoc assignments and investigations, reporting on results arising there from, and monitoring the status of implementation of recommendations raised.
The scope of work includes financial, compliance, value for money, performance effectiveness, forensic and Information Systems audits.
Duties and Responsibilities

Conduct financial, operational, compliance, value for money and performance audit reviews of various operations, credit projects (including infrastructure projects), functions, Country Offices, and agencies with business or other official connections to the Bank;

Investigate allegations and suspicions of fraud and corruption in the Bank to ensure that all the Bank’s activities are conducted to the highest standards of ethical conduct, good practice and transparency.

Conduct Information Systems audit reviews of the Bank’s Information Systems environment.

Conduct preliminary surveys of activities, departments or functions to determine activities being performed and to develop recommendations as to audit needs;

Formulate and recommend audit programmes including scope, techniques, and timetable within time constraints established by the Head of Internal Audit;

Execute work programs for each assigned audit project, prepare reports of audit findings, and present audit recommendations.

Maintain engagement documentation to record engagement objectives, activities, work done and conclusions reached in line with quality requirements specified by the Standards for the Professional Practice of Internal Auditing issued by the Institute of Internal Auditors (IIA);

Serve on audit teams during major Bank projects and co-ordinate work done with other auditors in order to ensure that projects progress according to established plans;

Advise the Head of Internal Audit of assignment progress and findings through interim meetings, status reports and upon completion, submit final reports.

Assist in the compilation of quarterly reports to the Audit Committee and any other ad-hoc reports as may be required by the Committee or Director General;

Facilitate controls /self Assessment workshops and issue targeted control sensitization communication aimed at improving internal controls awareness and contributing to the embedding of a control culture in the Bank; and

Carry out any other tasks assigned by Management.
Minimum Qualifications and Experience

Bachelor's degree from a recognized institution;

A Master’s degree in a relevant field;

Possession of professional certifications relevant to the job including Certified Internal Auditor (CIA), Chartered Accountant (CA/ACA/ACCA), Certified Public Accountant (CPA) and Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE) or their equivalents;

A minimum of 8 years relevant experience in auditing gained in a professional accounting practice and in the Banking industry. At least 4 years internal audit experience in a bank will be required;

Experience in Project finance audit (including infrastructure projects) preferably in a development finance institution; and

Experience in Information Systems audit including the audit of controls at Operating system, Network, Database and Application levels in diverse information system environments.
5. Principal / Senior Investment Officer – Portfolio
Duty station: Kenya, Uganda, Tanzania- Tenure up to 3 years
Reporting to: Portfolio Manager
Job Purpose: The Principal / Senior Investment Officer (Portfolio) is responsible for ensuring that the extension, servicing, monitoring and collection of loans and other facilities (finance leases, equity investments, etc.) by the relevant operating units, is done in strict adherence to set institutional standards and practices as spelt out in the relevant investment policies, procedure manuals and client agreements.
The job holder is accountable for identifying, and mitigating any process shortcomings to enable the Bank extend service and collect loans in a safe and sound manner.
Duties and Responsibilities

Support the development of disbursement policies and conditions as well as project supervision guidelines and share the same with clients and investment officers;

Assess progress reports and recommend or deny disbursement;

Work with investment officers to guide or provide technical assistance to project promoters;

Evaluate supervision reports and troubleshoot any problems detected. Carrying out periodic sample based rapid portfolio reviews and stress tests as an early problem loan identification mechanism;

Propose solutions to pre-empt problems in the portfolio;

Identify projects, clients showing signs of stress, delinquency or deteriorating credit rating and in liaison with the responsible Country Manager, transfer primary responsibility for managing the projects to the Workout Unit;

Track key covenants and terms and conditions contained in loan agreements with borrowers and ensure that Project Officers are monitoring their observance;

Track the billing and repayment processes and ensure that concerned Investment Officers make timely debt collection;

Carryout portfolio analysis to establish the quality of the Bank’s portfolio and propose change recommendations;

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; and

Carry out any other duties assigned by Management.
Minimum qualification and experience

A finance related, engineering or other numerate degree from a recognized university;

Professional accounting or finance qualifications such as CPA, ACCA or CFA;

Relevant Post graduate degree such as an MBA or Masters in Finance;

Minimum of 7 years similar or relevant experience in a large commercial or development bank, preferably engaged in long term funding or project financing; of which 3 should be at middle management level;

Hands-on/ practical experience in originating, appraising and implementing projects in a number of sectors is required;

Proven track record and substantive experience of successful investment, appraisal, analysis and recommendations is required;

Ability to deal sensitively in multi-cultural environments and build effective working relations and colleagues;

Strong analytical and financial analysis skills and experience in using Financial models;

Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;

Experience of working with a large financial institution or multilateral organization is required while International exposure is key;

High level of integrity with a clean record of service;

Experience in organizational/ business structuring/ restructuring;

Ability to dialogue with senior policy makers and client representatives; and

Ability to work independently and show professional judgment in carrying out assigned tasks.

International exposure will be an added advantage.
6. Principal / Senior Investment Officers – Project Appraisal
Duty Station: Kenya, Rwanda, Tanzania, Uganda - Tenure up to 3 years
Reporting to: Project Appraisal Manager
Job Purpose: The Principal / Senior Investment Officer (Project Appraisal) is responsible for tracking, monitoring and processing of client’s applications; ensuring that all projects meet specified criteria and are expeditiously handled in line with the Bank’s Investment Policy and Guidelines as amended from time to time.
Duties and Responsibilities

Support the development of appraisal guidelines and quality standards for the operations function, specifically initiate amendment of project appraisal processes to suit the changing business environment.

Guide investment officers in analyzing financial projections, budgets, and in the investment evaluation process.

Develop portfolio standards and oversee their implementation.

Carryout detailed analysis of all project proposals, interrogate all appraisal reports, examine adherence to governance requirements and other standards set by the Bank and assess risk factors to ensure projects meet institutional standards prior to submission to Credit Committee.

Gather and analyze company financial statements, industry, regulatory and economic information to determine viability of proposed investment projects.

Prepare reports for Credit Committee summarizing data, describing current and long term investment risks, economic influences pertinent to proposed investments and suitability of investment in view of the Bank’s standard.

Keep abreast with market developments, new investment products and all other areas that can affect the markets, e.g. movements in the East African economies.

Develop and maintain contacts to gain market information, research and analyzes financial information to forecast business, industry, and economic conditions, for use in making investment decisions.

Develop comparative credit analysis of credit profiles of key players in the Bank’s main client sectors.

Interpret data concerning price, yield, stability, and future trends of investments and disseminate the information to investment officers and management.

Support the legal team in preparing investment covenants that will protect the Bank’s interests at all times and ensure that the clients meet all their obligation before handing over the projects to the project supervision team for disbursement.

Carryout any other responsibilities assigned by Management.
Minimum Qualifications and Experience

A finance related, engineering or other numerate degree from a recognized university;

Professional accounting or finance qualifications such as CPA, ACCA or CFA;

Relevant Post graduate degree such as an MBA or Masters in Finance;

Minimum of 7 years similar or relevant experience in a large commercial or development bank, preferably engaged in long term funding or project financing; of which 3 should be at middle management level;

Hands-on/ practical experience in originating, appraising and implementing projects in a number of sectors is required;

Ability to structure, evaluate and close complex financial transactions using up to date methods;

Proven track record and substantive experience of successful investment, appraisal, analysis and recommendations is required;

Ability to deal sensitively in multi-cultural environments and build effective working relations;

Strong analytical and financial analysis skills and experience in using Financial models;

Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;

Experience of working with a large financial institution or multilateral organization is required while International exposure is key;

High level of integrity with a clean record of service;

Ability to work independently and show professional judgment in carrying out assigned tasks; and

International exposure will be an added advantage.
7. Principal / Senior Investment Officer – Business Development
Duty station: Kenya, Rwanda, Tanzania, Uganda - Tenure up to 3 years
Reporting to: Respective Head of Country Business
Job Purpose: The Principal / Senior Investment Officer is responsible for to attracting and developing investment opportunities, undertaking appraisal analysis, advising management on investment opportunities and coordinate the implementation of investment decisions to achieve the objectives of the Bank.
Duties and Responsibilities

Design new products and innovations which must be viable, practical, relevant to the locals and address the requirements of clients; and prepare Board papers on investment opportunities and feasibility studies for senior management and the Board of Directors to consider;

Undertake investment analysis and appraisals on proposals submitted to the Bank and prepare investment analysis reports, undertake analysis of existing investment projects implemented and those in the pipeline, and identify and manage investment risks;

Coordinate the implementation of investments and monitor the performance of investment projects through progressive investment and income reports; monitor collection and recording of income on investments in conjunction with Finance Department to ensure timeliness and compliance with the reporting framework (IFRS, regulatory requirements etc.);

Undertake continuous research and provide recommendations on significant developments, emerging opportunities and challenges in areas of responsibility.

Provide information to potential clients and document the same to provide information on customer requirements/ areas of interest;

Maintain communication with clients and manage client relations; ensure that they submit all the Bank’s requirements to facilitate the appraisal process;

Provide feedback on the status of their application timeously and advise them on the bank’s processes and procedures, and in liaison with Finance, resolve payment and / repayment related issues; and

Carryout any other tasks assigned by Management.
Minimum Qualifications and Experience

A finance related, engineering or other numerate degree from a recognized university with professional accounting or finance qualifications such as CPA, ACCA or CFA;

Relevant Post graduate degree such as an MBA or Masters in Finance;

Minimum of 7 years similar or relevant experience in a large commercial or development bank, preferably engaged in long term funding or project financing; of which 3 should be at middle management level;

Strong analytical and financial analysis skills and experience in using Financial models;

Proven track record and experience in successful investment, appraisal, analysis and implementation is required;

Ability to deal sensitively in multi-cultural environments and build effective working relations;

Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;

Experience of working with a large financial institution in the particular country, or multilateral organization is required;

International exposure will be an added advantage.
8. Monitoring & Evaluation Officer
1 position
Duty station: Uganda - Tenure up to 3 years
Job Purpose: The Monitoring and Evaluation Officer is responsible for monitor project progress, evaluating effectiveness / impact of EADB’s initiatives to regional development and disseminating evaluation results and other findings.
Duties and Responsibilities

Provide an objective assessment of the Bank’s contributions to regional development through assessment of EADB’s projects and operations, including advisory services, knowledge management, technical assistance, coordination and partnerships.

Develop monitoring and evaluation plans to effectively analyze and present project results in a synchronized manner. Develop tools and processes that support quality project monitoring and evaluation, meet international standards and comprehensively analyse project output.

Build up processes, tools and instruments, in close coordination with respective projects and ensure that a proper and establish standards for monitoring and reporting. Ensure that these are internalized and utilized at country office level.

Devise terms of reference for carrying out base line studies as well as routine and periodic monitoring of outputs and outcome. Document and disseminate activities and accomplishments of different interventions in the form of reports and oral presentations.

Conduct project surveys for impact level indicators. Lead field-testing, data collection and analysis of all projects, and report findings. Conduct appropriate analysis, including the use of complimentary data sets and secondary analysis.

Draft, edit and produce written briefs or reports on project as necessary to promote project objectives and disseminate information to stakeholders.

Identify and analyze factors for project success or obstacles to meeting objectives and in liaison with project management teams, identify, define, and validate the performance measures most appropriate and useful to project management.

Evaluate what works and why, as well as what does not work, and unintended outcomes.

Support the Bank in providing accountability to its shareholders to inform decision-making of the Bank’s impact and enable it to better manage development results.

Work closely with the communications team to ensure that project and evaluation results are properly disseminated internally and externally, communicated in a controlled and efficient manner to stakeholders and a positive public image of the Bank is created.

Support project managers in monitoring and reporting projects outcomes and ensure that findings from monitoring and reporting exercises are of high quality and are communicated to internal and external stakeholders effectively.

Create an avenue for learning and knowledge improvement for EADB and its partners.

Develop and institutionalize appropriate systems and tools for data quality assurance, including the consistent use of agreed performance measures and ensure that these are known and used by respective managers and investment officers.

Provide timely support to project teams on monitoring and evaluation. Produce regular reports and respond to information requests. Collect and track project information in coordination with Country office staff.

Maintain data collection systems, ensuring that all necessary information from routine reporting are collected, analyzed and used in guiding internal project planning and evaluation.

Perform any other duties assigned by Management.
Qualifications and Experience

At least a Master’s degree in economics, finance or commerce, with a strong research orientation as could be determined by quality of dissertations and/or publications

At least five (5) years (post qualification) of active economic analysis in a demanding environment in terms of quality and strict deadlines.

Experience in international financial institutions is an asset

In depth Knowledge of economic, social, political and development issues in the region

Experience in carrying out high quality research and presentation of findings at national and international levels.

Familiarity with statistical/econometric software (e.g. PCGIVE, EVIEWS, STATA, etc.) and ability to use the same for analyses.

Modeling skills

Statistical/econometric skills
9. Trade Finance Specialist
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Treasury Manager
Job Purpose: The Trade Finance Specialist is responsible for developing and implementing a Trade Finance development programme that allows the EADB to realize its objectives and achieve growth targets.
The Specialist is required to ensure that optimal risk management procedures and processes are in place and are being implemented.
Duties and Responsibilities

Develop and /or review the Trade Finance policy and guidelines for the Bank to align them with developments in the market.

Develop Trade Finance products that are operationally efficient, responsive to market dynamics and are in line with the Bank’s objectives.

Participate in the computerization of Trade Finance processes to provide efficient services to the clients.

Identify opportunities for risk participation and take action to turn such opportunities into concrete business transactions.

Support the development of an appropriate risk distribution model that safeguards the bank against trading losses, whilst optimizing revenue.

Establish relationships and maintain active contact with local and international banks active in Trade Finance.

Research the inter-bank market and trade transactions risk premiums to determine pricing and manage risks in the portfolio.

Undertake due diligence appraisals of issuing banks and prospective clients to identify solutions for Trade Finance.

Respond under tight deadlines to requests for Trade Finance support by structuring negotiating and completing transactions;

Market the product in the region to generate targeted income/revenues from the product;

Maintain good relations with the customers and promote cross selling of the Bank’s other products.

Participate in debt collection to minimize losses to the Bank

Give expert advice to investment officers involved in acquiring and implementing Trade Finance projects.

Assist the legal team in drafting documentation for approved Trade Finance projects providing guidance on insurance and taxation requirements.

Take responsibility for the quality, profitability and growth of the Trade Finance product;

Design and implement Trade Finance training programmes and marketing activities for the Bank including management of associated budgets and costs.

Undertake market research, study trends, policies and developments in the member states and timorously advise management on their impact to EADB’s Trade Finance investments.

Prepare annual work plan with targets and budgets for the Trade Finance product based on approved annual strategic plan to facilitate own performance management for management’s approval.
Qualifications and Experience

Bachelor’s Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in a related field;

Relevant postgraduate degree in Business, Finance, Accounting or related fields;

High level of structuring and credit analysis skills experience;

At least five years’ experience undertaking successful Trade Finance transactions in East Africa or Southern Africa and/or the rest of Africa is mandatory;

Minimum of five years as a manager of a Trade Finance Unit or department with a bank and possession of demonstrable capacity for leadership;

Experience of risk management in relation to Trade Finance, commodity finance, cash-flow based lending and/or and treasury operations are required;

Proven track record and substantive experience in concluding major transactions, including import loans, ECA, pre-export finance and structured receivables financing; applying expertise in analyzing complex and unusual transactions;

Ability to deal sensitively in multi-cultural environments and build effective working relations and colleagues;

Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;

Experience of working with a large financial institution, or multilateral organization is required; and

International exposure will be an added advantage;
10. Risk Management Specialists
Duty station: Uganda - Tenure up to 3 years
Reporting to: Manager Risk and Compliance
Job Purpose: The Risk Management Specialist is responsible for improving Risk identification, measurement, monitoring and control through setting appropriate Risk policies and procedures, development of adequate Risk measurement models and providing of Risk advice to management on new activities and projects.
He/She is also responsible for monitoring Operational Risk arising out of handling market risks and financial Ratios.
Duties and Responsibilities
Market Risk Related

Review and formulate risk management policies and ensure that appropriate systems, procedures, limits and guidelines are in place to implement those policies so as to pre-empt and avert financial stresses and crises.

Establish a comprehensive market risk framework, including market risk methodology

Interpret market risk policies and ensure correct application. Develop and apply market risk assessment systems as they apply to DFIs.

Identify, monitor and report market and counterparty risk exposures arising from treasury investment and funding operations.

Provide clear briefings of current events and issues to management. Perform ad-hoc analyses around the business (including notable new transactions) in order to assist management decision making

Regularly engage in dialogue with unit heads around market risk appetite, risk limits and individual large and complex transactions

Quantitatively evaluate treasury risk positions (mark-to-market or mark-to-model) including internally and externally managed investment portfolios, derivative portfolios, structured bond issuance and related swap transactions.

Promote the application of advanced risk analytics to measure and monitor risk exposures and enhance the methodology and process to reflect new market development, risk policies, and technologies.

Monitor changes of counterparties’ credit ratings, undertaking credit researches and analyses and evaluating the valuation methodologies for credit risk.

Prepare regular management reports on the performance of investment operations and related attribution analysis and contribute to the formulation of investment policy.

Assist in the maintenance and implementation of analytical systems and reporting requirements of market and treasury risk to enhance the timeliness and accuracy of information to end-users.

Initiate progress opportunities for process improvements; enhance accuracy and completeness of market risk metrics, and advance cross-regional and product analysis.

Produce and report risk metrics (including Stress Testing, Historical Simulation, VaR Analysis)

Work on regulatory driven market risk exercises
Operational Risk Related

Assist in supervising the Back Office functions related to investment and funding activities by ensuring a timely and accurate confirmation of Deposits and swap transactions and a correct capturing of the trade terms and conditions.

Monitor prompt settlement of deals by Back Office with regard to receipt and payment of funds contracted.

Follow up on regular reconciliation of bank accounts to ensure no unauthorised transaction has occurred.
Financial Aspects

Undertake regular checks and confirm to the management the correctness of application of rules and ratios arrived in respect of the following:
1. Liquidity Ratio
2. Capital Adequacy
3. Debt/Equity Ratio
4. Translation Risk Revaluation
5. Other Financial Ratios

Carry out any other duties as assigned by Management.
Qualifications and Experience

Masters and Bachelors qualifications in Risk Management or Finance (or equivalent)

Professional qualification such as CFA will be an added advantage.

Demonstrably numerate

Good existing knowledge of financial markets, preferably in credit and interest rates (including derivatives). Broad interest in markets essential

Understanding of risk sensitivities and P&L drivers

Have a good understanding of the fundamentals of trading.

Good technical skills (Risk methodology/Products/Systems)

Have good programming abilities and knowledge of MS Excel (with VBA preferred)

Strong analytical & quantitative skills, experience and working knowledge in statistics
11. Project / Structured Finance Specialist
Duty station: Uganda - Tenure up to 3 years
Reporting to: Head of Operations
Job Purpose: The Project / Structured Finance Specialist’s core role is to support the Operations Department in developing and executing new lending products and mitigating risk in the existing portfolio.
Duties and Responsibilities

Develop and propose new business sectors by structuring new products and transactions;

Review, monitor and assist in the management of existing portfolio accounts;

Develop financial models, product concepts as required to support the new business;

Draft documentation and templates for project finance and structured finance term sheets, credit applications, credit rating/asset quality assessment; etc.

Review and assess credit risk on existing accounts;

Develop innovative modifications to existing project and financing structures/ strategies as well as lead the development of new structured finance solutions;

Mentor and coach staff;

Represent the Bank when leading appraisal missions or in loan / syndicate negotiations

Undertake any other assignments as necessary to bring about new lending products and business for the Bank; and

Carryout any other tasks assigned by Management.
Minimum Qualifications and Experience

Bachelor’s Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in a related field;

Relevant postgraduate degree in Business, Finance, Accounting or related fields is desirable;

High level of structuring and credit analysis skills;

Experience in the construction and modification of project finance models is required;

At least ten years demonstrable experience undertaking successful project finance and structured finance transactions in East Africa or Southern Africa and/or the rest of Africa; A deal sheet should be submitted with the application;

Minimum of five years working experience with a multinational or multilateral bank working on project finance or structured finance or other long-term financing or PPP;

Experience of risk management in relation to project finance, structured finance or cash-flow based lending and/or and treasury operations is required;

Proven track record and substantive experience in concluding major transactions, and applying expertise in analyzing complex and unusual transactions;

Ability to deal sensitively in multi-cultural environments and build effective working relations with colleagues;

Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;

Experience of working with a large financial institution, or multilateral organization is required; and

Consultancy experience and /or International exposure will be an added advantage.
12. Manager, Legal Services
Duty Station: Uganda – Tenure up to 3 years
Reporting to: Head of Corporate Affairs
Job Purpose: The Manager, Legal Services will be responsible developing policies, managing legal risks and for providing advice on a wide range of legal issues relating to the functions, structures and activities of the EADB, including the Treaty and Charter of the EADB, the Headquarters Agreement, international conventions and treaties as well as negotiating and drafting agreements between the EADB and third parties.
Duties and Responsibilities

Advise on constitutional and corporate legal matters arising from the interpretation and application of the Banks Charter; draft legal documents concerning membership and participation in the Bank, and the creation and administration of special funds;

Develop, implement and interpret internal legislation;

Provide legal advice and assistance; draft, vet and revise legal documentation relating to the structure and administration of the Bank and special funds, with other international organizations and with member and non-member states, including matters pertaining to the privileges, immunities and exemptions of the Bank and those vested on the Bank, its employees, experts and consultants;

Provide legal support to the preparation, negotiation and finalization of legal instruments of cooperation between the Bank, bilateral and multilateral development partners;

Manage and direct the Banks’ representation in litigation, arbitration, and other administrative or legal proceedings, including internal administrative reviews, appellate and judicial proceedings; and other matters in which the Bank is a party or may have an interest;

Review and draft contracts, agreements and internal policies and ensure that they are in compliance with all statutory or legal requirements. Review and advise management on legal implications of internal policies and procedures.

Provide legal services in connection with all administrative and human resources management matters, the acquisition of goods and services for the Bank including preparing, reviewing, concluding all contracts and other legal instruments and advising on all legal matters relating to administrative and personnel matters;

Liaise with relevant departments to ensure that where legal risks have been identified, appropriate courses of action have been taken.

Review progress of outstanding litigation and liaise with and manage external lawyers

Continuously monitor compliance with statutory obligations and advise management accordingly. Prepare monthly and quarterly reports for the department

Undertake research and provide recommendations to senior management of significant developments, emerging opportunities and challenges in areas of responsibility.

Perform any other tasks assigned by Management.
Qualifications and Experience

Bachelor’s degree (LLB) and Master’s degree in Law (LLM) from internationally recognized universities in common law jurisdictions.

Applicants from non-common law backgrounds may submit evidence of formal training in common law or long experience in common law jurisdictions;

Admission and current membership of at least one Bar association;

Qualification and experience in international public law and the law of international organizations is mandatory; Qualifications in foreign relations or international relations law will be an added advantage;

Minimum of ten years’ experience in the financial sector and a minimum five years in a senior position in a busy law office or legal services department of a multinational financial institution;

Must possess a track record of developing, interpreting and administering internal legislation, treaties, negotiating host country agreements, managing appeals and disciplinary proceedings in an international context;

Experience with a large bank or financial institution, development bank or multilateral organization is required;

Professional qualifications in company secretarial work, governance would be an added advantage; and,

Must possess advanced computer skills.
13. Manager, Security
1 Position
Duty Station: Uganda - Tenure up to 3 years
Reporting to: Administration Manager
Job Purpose: The Manager Security is accountable for the safety and security of EADB property, staff and the general public using EADB premises and also responsible for developing and implementing appropriate policies and systems to maintain safety and security in area of jurisdiction.
The job holder is responsible for developing and rolling-out security and safety awareness programmes; carrying out day-to-day safety and security related duties to prevent breaches and address vulnerabilities in addition to leading responses to actual security attacks and safety incidents.
Duties and Responsibilities

Develop for management’s approval safety and security policies to protect staff, visitors and users of EADB premises. Review and incorporate national security regulations into EADB’s regulations. Prepare procedure manuals for monitoring movement and granting access to restricted areas. Oversee and guide the processing of personnel clearances.

Work with the appropriate technical operational managers in gathering and assessing vulnerability and threat information to facilitate security and safety tracking and analysis. Carry out business impact analysis as required. Participate in the development of business practices that enable, and are enabled by, strong security systems. Advocate for the incorporation of security components and processes into the Bank’s operational procedures.

Work with the risk management team to understand and establish acceptable security risk levels, and proactively reduce potential incidents that pose business continuity threats through effective safety and security programs.

Constantly monitor and update management on the security environment in all EADB member states. Carry out security assessments and safety management reviews in all EADB locations and provide management with recommendations for action and/or work directly to implement action plans. Interface with government agencies on security related issues. Keep abreast with and advise management on developments in the industry and establish up to date security management systems.

Provide expert advice on security related matters. Gather information from other international organisations and institutions, and represent EADB in security meetings with other agencies.

Track and ensure that classified information entrusted to the company is properly safeguarded as outlined in the security policy. Ensure adequate monitoring of the security infrastructure.

Participate in establishing and updating business recovery/contingency plans and/or procedures. Participate in disaster management during any incidents and emergencies. Prepare emergence evacuation plans and organise training for staff and tenant on fire, occupant safety, fire drill, first Aid and other related crime/ incident preventive courses.

Be on call and on 24 hours and 7 days alert for any emergencies. Undertake the lead role in safety and security incident management. Respond quickly and co-ordinate responses to security breaches or other incidents. In the event of a security breach or other incident, ensure that any necessary evidence is secured and undertake appropriate measures to prevent further damage. Assist with disciplinary and legal matters associated with such breaches as necessary.

Facilitate crime prevention by monitoring all access controls daily and ensuring their full coverage. Investigate and report to management security incidents or threats / breach expected to occur for appropriate action.

Communicate regularly relevant technical, operational and strategic information to staff across the institution on matters relating to security, safety and disaster management.

Prepare and conduct appropriate security education and awareness programs to sensitize staff and management on security and safety risks and their obligations in curbing them. Such should training on disasters; fire and bomb procedures and use of technical equipment such as fire extinguishers.

Deploy efficient, effective and adequate Security guards and police / private guards at EADB premise to ensure all key places and access controls are covered. Monitor their attendance and vigilance daily to ensure discipline is observed. Enforce appropriate service-level agreements. Take action against indiscipline and misconduct. Develop and implement duty and leave rosters. Chair team meetings, and carryout welfare and performance appraisal / assessment.

Prepare and process monthly payments for the outsourced services and participate in the security team training.

Ensure that all safety and security equipment is operated and maintained within approved guidelines including the implementation and maintenance of appropriate controls.

Attend to the grievances or complaints in line with security & safety from staff, tenants or visitors and take appropriate actions that will maintain a good image of security unit and entire Bank. Help staff and tenants in matters that require police or court action.

Manage and control the parking area to ensure staff, tenants and Bank visitors’ parking is safely and effectively utilized.

Work with the Internal Auditors and outside consultants, as appropriate, to carry out independent security audits.

Liaise with the Estates personnel and other teams to ensure successful day-to-day running of established safety and security systems.

Carryout any other duties assigned by Management.
Qualifications and Experience

Degree or higher national diploma from a recognised institution of learning

At least 5 years in Police CID / military VIP protection Unit at a managerial level

Ability to assess and prevent any danger
14. Head of Operations
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Director General
Job Purpose: The Head of Operations is responsible for directing all the Bank’s lending activities in the region, and shall take full accountability for the overall performance of the Operations Department.
The position ensures strategic relevance, economic justification, sustainability and quality of the Bank’s lending operations as well as the establishment, monitoring and evaluation of service standards.
Duties and Responsibilities

Provide strategic leadership to the Operations department and guide all its activities to support the Bank’s growth strategies and achieve projected business results.

Initiate, establish and maintain the Bank's operating policies and procedures; monitor and ensure their regular update and consistent application.

Drive operational processes, maintaining effectiveness and efficiencies while monitoring compliance to relevant local and international regulations as well as total client satisfaction.

Design a risk management framework for the department and supervise activities to ensure that the risks associated with the Bank’s new project lending, equity investments, asset leasing and guarantee operations are clearly identified, are acceptable and that appropriate mitigation measures are instituted.

Institute regular quality checks and assessment on the Bank’s portfolio and prepare monthly reports showing the portfolio status.

Design project appraisal policies and guidelines to ensure that the quality of appraisals is at international standards enabling management to make the right investment decisions.

Design disbursement and supervision policies, monitor the performance of all projects financed by the Bank and initiate/ authorise immediate remedial actions where problems are identified.

Establish and maintain clear project performance metrics to track and evaluate loan portfolio quality, efficiency of the operations systems and the performance of staff against stated business objectives.

Develop and manage a team of highly skilled professionals and motivate them to grow the bank’s business and deliver quality results.

Monitor daily operations in order to ensure the achievement of a firm level of compliance to internal controls and adherence to the highest standards of quality both within the processes and in the services to clients

Carry out any other tasks assigned by management.
Minimum Qualifications and Experience

A good Bachelor’s degree in Commerce, Engineering, Banking, Finance, Business Administration or other relevant degree on a full-time programme from a recognised university

A Master’s degree in Finance, Business Administration, Development Studies, Engineering or any related field from a recognised university

Professional qualifications in a related field (e.g. CFA, ACCA, CPA, ACIB)

At least fifteen (15) years’ experience in project cycle management with specific competences in project finance, structuring and negotiation, project appraisal and supervision in a commercial, merchant, or development banking environment.

A minimum of seven (7) years’ experience in a senior management role in a major banking institution

Excellent analytical skills in particular financial modeling skills

Profound, practical hands on structuring experience earned through the development of large projects in infrastructure and industry; and

Extensive knowledge of project cycle management (project analysis, monitoring and evaluation).

Clean record of service in the banking industry with specific expertise in project planning and credit management.
15. Head of Investment
1 Position
Duty station: Uganda - Tenure up to 3 years
Reporting to: Director General
Job Purpose: The Head of Investment is responsible for advising EADB on how best to manage its funds in order to achieve its mandate including the socio economic development of the East African region.
The position’s primary roles are to assist EADB acquire funds for investment, to assist and guide management in making astute investment decisions and to provide timely and accurate financial information.
Duties and Responsibilities

Develop and implement EADB’s investment strategy, policies and guiding principles to ensure that the department and the Bank operate within EADB’s mandate.

Develop and implement fund development plans and revenue generation strategies to enable the Bank meet its financial objectives. Develop growth strategic initiatives for the Bank including market expansion opportunities and present them to the Director General and the Board for consideration.

Devise means of acquiring funds for the Bank and ensure that it has the necessary funds to meets its business and operational requirements.

Advise management on investment decisions and management of associated risks to ensure that all investments yield the projected returns.

Actively assess the market place to understand EADB’s market needs to facilitate the development of suitable investment products.

Liaise with EADB’s clients to understand their strategies and needs to effectively support and align their investment needs to EADB’s investment goals and financial objectives. Establish appropriate financial models to address the client needs and support solution delivery.

In collaboration with the communication team, develop strategies of generating demand for EADB’s products and services.

Liaise with decision makers to understand the strategic direction and development focus of the member states in order to position EADB appropriately to contribute to that development.

Conceptualize, negotiate and document innovative alliances/ business arrangements with development partners. Market EADB internationally in order to attract investment partners to enable the Bank achieve its mandate.

Match investment partner interests with EADB financial needs at the lowest cost whilst ensuring that EADB’s values and mandate are not compromised.

Study and anticipate market trends in order to provide effective investment advisory services to internal and external stakeholders.

Conceptualize, structure and negotiate complex business transactions on behalf of the Bank.

Monitor and ensure that EADB promptly repays its debts and meets all other financial and statutory obligations.

Continuously assess the performance of EADB’s investments and document/ communicate the returns and impact to East Africa’s development.

Collaborate with finance, risk, legal and operations staff to build a congruent team of investment bankers and deliberately share investment knowledge to unify the team’s vision and objectives.

Research local, regional and international regulations and trends to determine their impact to EADB’s investments. Ensure availability of economic information to facilitate investment decisions.

Advocate for and participate in development and/ or review of financial policies at local, regional and international level that support EADB’s mandate.

Account for and report EADB’s investment performance to the Director General and the Board on a quarterly and annual basis.

Participate in stakeholder management to meet partner and client expectations and facilitate stakeholder retention.

Perform any other duties assigned by Management.
Qualifications and Experience

A Bachelor’s degree in Economics (Econometrics), Mathematics (with a financial specialisation), Commerce (accounting option) or other relevant degree from a recognised University;

A Master’s degree in accounting, business, or finance from a recognised University;

A formal accounting qualification (CPA, ACA, ACCA, CIMA, CFA or CIPFA) from a recognised accounting body and membership in the relevant professional body;

A minimum of 10 years’ experience heading a finance function in a large development or investment or multinational bank, and a minimum of three years working in the Treasury Department of a similar financial institution with a track record of success in business and financial management.

Knowledge of development finance and astute investment management is required.

Experience in managing a portfolio of currencies; experience in resource mobilisation and capital markets transactions in particular;

Expert knowledge of financial and accounting procedures preferably in a development finance institution; knowledge of International Financial Reporting Standards, International Public Sector Accounting Standards and International Standards on Auditing required;

Must have experience in treasury operations; asset/liability management; swap book management and liability funding; credit management, funds transfer pricing and product pricing. Practical experience in concluding resource mobilization transactions in the local and international capital markets, donor community and IT literacy.

Should be familiar with structuring and negotiating documentation for complex transactions. Such documents include transactions agreements and security documentation for, but not limited to, secured and unsecured cross border lending and borrowing transactions, swaps and derivative transactions, cross border capital market or corporate finance transactions (bonds, IPOs).

Must show strong financial acumen, drive, strategic vision, inspirational leadership qualities, and proven capacity to manage multi-discipline and multi-national teams and to deliver success through change management.

How to Apply:
If you are a national of one of the EADB member states and your career aspirations match these challenging and exciting roles, please submit your application by email, quoting the position on the subject line and the cover letter.
The cover letter should specify your suitability for the position that you are applying for and the CV should highlight relevant experience, details of current and expected salary, a day time phone contact, email address, and the names and telephone contacts of three professional referees.
Applications must be received by close of business Wednesday 21 May 2014 and should be addressed to:
Adept Systems
Management Consultants
P O Box 6416, Nairobi,
GPO 00100
Email: recruit [at] adeptsystems.co.ke
Please note that we do not charge fees for receiving or processing job applications.
Only shortlisted candidates will be contacted.
Previous applicants need not re-apply.
Note that our client reserves the right not to offer or make any appointments or to offer appointments to alternative positions where deemed appropriate.