Head of Investment

Duty station:            Uganda - Tenure up to 3 yearsReporting 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.

Other Attributes

• Good oral and written communication skills;
• Strong problem-solving and decision-making skills;
• Business acumen;
• Team leadership;
• Organisation commitment;
• Results orientation; and
• High level of integrity

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 of the email or 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@adeptsystems.co.ke

Web: www.adeptsys.biz

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 offer appointments to alternative positions where deemed appropriate.