Principal Portfolio Management Officer at African Development Bank

• Position title: Principal Portfolio Management Officer
• Grade: PL-4
• Position N°: 50001316
• Reference: N°ADB/14/
• Publication date: 20/11/2014
• Closing date: 07/12/2014

Objectives

Manage the cash funds of the organization and the receipt, recording and investment of cash from all sources; make disbursements; prepare short- and long-term cash flow plans; decide the level of cash funds required in the short term in various currencies; monitor the organization's portfolio of funds on deposit; purchase and sell currencies to meet the needs determined; invest excess cash funds at the best available interest rates; make banking arrangements; provide technical support to the organization's advisory committee on investments; and complete, record and follow-up on the collections of assessments from Member Governments.

Duties and responsibilities

Under the supervision of the Division Manager, the incumbent will:

• Provide expert advice to management;
• Conduct field supervision and preparation of annual supervision reports;
• Manage and monitor the portfolio in order to maintain its quality and develop appropriate turn-around, work-outs and restructuring proposals;
• Monitor compliance with reporting requirements,
• Timely-debt servicing by borrowers and arrears monitoring;
• Regular desk reviews and preparation of reports for management information;
• Supervise management information systems;
• Maintain and schedule disbursement processing; and,
• Coordinate studies and the recruitment of consultants in related areas.

The incumbent may be requested to carry out tasks in the context of investment finance and other Departmental activities as required.

Selection Criteria

Including desirable skills, knowledge and experience

(including desirable skills, knowledge and experience):

• At least a Master’s Degree in Business Administration, Finance, Banking or related areas, plus preferably a Bachelor Degree in engineering, finance or economics.
• A minimum of six (6) years of relevant experience.
• Ability to build partnerships and deliver results that meet the needs and long-term interest of clients within and outside the institution;
• Ability to work independently and be creative and innovative;
• Integrity and ability to work in team;
• Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
• Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint).

Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language.

Apply online

Apply for this position

To apply for this position, you need to be national of one of AfDB member countries.

• Submitted by: Division Manager CHRM.1
• Approved by: 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