African Development Bank Group (AfDB) – Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth.
We are recruiting to fill the position below:
Job Title: Division Manager, Strategy and Transaction Support
Position Number: 50092436
Location: Abidjan, Cote d’Ivoire
Job Schedule: Full time
Position Grade: PL2
The Complex
- The Vice Presidency for ‘Private Sector, Infrastructure and Industrialization’ is a Sector Complex focusing on the Bank’s TYS and High 5s priority of “Industrialize Africa” and “Integrate Africa”.
- The Complex also plays pivotal role in the implementation of the other High 5s, namely Power Africa, Feed Africa and Improve the quality of life for the people of Africa. The objectives of the Complex are to: (i) develop the ‘Africa Industrialization Strategy’; (ii) provide deep sector expertise to the Regions by leveraging on experienced individuals who can be consulted on complex transactions; (iii) develop new financing instruments; (iv) act as the Bank’s Spoke person on “Industrialize Africa”.
- The Complex is also responsible for the overall coordination of the Private Sector and Non-Sovereign Operations (NSO) across the Bank, working closely with other sector Complexes.
- In this regard, the complex leads the development and implementation of the Private Sector Development Strategy, the Financial Sector Development Strategy, the Industrialization Strategy including the Pharmaceutical Manufacturing Action Plan, the PPP Strategic Framework, and the related action plans and policy guidelines.
- These responsibilities also include business development, transaction support, Equity oversight, Corporate Portfolio Management, standards enforcement, oversight, monitoring and reporting. The Complex is at the center of the Bank’s Private Sector and NSO development and delivery.
The Hiring Department
- The primary role of the Bank’s Non-Sovereign Operations (NSO) and Private Sector Support Department (PINS) is to: (i) assist Sector Departments to efficiently design and monitor NSOs, in a coherent manner, in line with the best market practices and in consistency with the Bank’s related Strategies, Policies and Guidelines, including the Bank’s Private Sector Development Strategy and Policy, (ii) manage the corporate portfolio and provided shared services to other NSO departments.
- In this regard, PINS supports the promotion of private sector development in Regional Member Countries, particularly through transaction structuring advice that ensures bankable transactions, as well as project and corporate portfolio management (e.g., evaluation, monitoring and reporting) of all NSOs, in line with the Bank’s 10 Year Strategy, High 5s initiatives, and the Bank’s 5-year private sector development strategy.
- PINS will primary serve as second line of defense for all NSOs of the Bank by identifying any red flags and providing: (i) transaction structuring advice and operational support to NSO originating departments as needed; and (ii) project and corporate portfolio management (evaluation, monitoring, reporting as well as remedial management actions), (iii) a comprehensive customer relationship and project documentation database as well as knowledge management; and, (iv) various guidelines, operational procedure manuals and training initiatives.
- The Department thus provides all Sector Complexes with corporate support on NSOs and transaction guidelines. The services provided are therefore pooled together for use by the Bank’s NSO business origination departments
The Position
- The Division Manager is responsible for the Strategy and Transaction support Division (PINS1), providing support to NSO Departments and internal stakeholders parties in charge of origination of transactions in various industries in the Bank.
- The incumbent leads and oversees the work performed by the staff of the Division. The jobholder’s responsibilities cover matters related to transaction origination guidance, structuring and modelling support as well as Global client management, strategies & policies and data analytics.
- The Division is also acting as Secretary of NSO Technical Investment Committee (TIC) which is a cross- complex committee for review and approvals or clearance of all Bank operations supporting the private sector and other clients that are not covered by a sovereign guarantee issued by a Member States of the Bank.
- The Division Manager will oversee the Secretariat and will also advise Senior Management and participates in technical discussions related to private sector development issues.
Key Functions
Under the supervision of the Director, the Division Manager will perform the following duties:
Transaction Structuring and Modelling:
- Lead and coordinate the support to origination teams in evaluating the best economic and financial options and selecting the most appropriate model to optimize use available financial instruments and legal structures in NS transactions.
- Provide guidance to origination teams on the most effective structuring approaches to maximize the utilization of available financial instruments and legal frameworks in Non-Sovereign Operations (NSOs).
- Lead the development of norms and standards related to investment analysis, project modeling, structuring of Bank private sector lending.
- Lead the work to ensure that lessons learned, from project investment, financial and economic Modelling and structuring are shared with various NSO departments and external stakeholders.
- Plays a key role in the development of strategic options for positioning the Bank Group as a modelling Bank.
Global Client Management:
- Lead the formulation of a long-term Global client Management framework and execution of a Client Relationship Management process required for Private Sector Development within the Bank.
- Manage the conceptualization and design of a system which will support the private sector business origination activities of the regional directorates and the Bank’s Business development Department
- Act as a focal point for communication with other DFI on global client management practices and guide on the identification and design of private sector business development events by the Bank.
- Develop and implement outreach strategies for private sector including a business intelligence platform.
- Manage the development of tools and instruments required to manage global client funding and non-funding requests.
Policies and Strategies:
- Manage the Division’s participation and inputs in the various Policies and Strategies of the Bank related to Private Sector Development.
- Play a key role in the conceptualization and regular review of NSO policy and guidelines for the roll-out of NSO transactions in the Bank.
- Provide key analytical inputs to guide the design, assessment, and ongoing refinement of NSO’s lending instruments, ensuring they are regularly reviewed and updated as needed.
- Coordinate the Division’s active participation in Country Strategy Paper missions and provide key inputs related to Private Sector Development challenges and opportunities in Bank’s Regional Member Countries.
People/Talent Management:
- Drives and inspires technical excellence within the team and the Vertical by creating an environment of learning and innovation that attracts and develops the best talent reflective of the diversity of our clients.
- Supports the Vertical management in developing and implementing appropriate strategies for global staffing, deployment, talent, and performance management
- Manages Unit staff and agrees on respective responsibilities and work programs.
- Mentors staff and ensuring they remain well connected with the rest of the team.
- Attract new talent to match the growth and changing nature of the agenda
Knowledge Management and Partnerships:
- Responds to global, regional, and national challenges and opportunities in the broader Private Sector and contributes to the global/regional dialogue.
- Develops close partnerships with international networks on Private Sector priorities with investment promotions agencies, associations, donor agencies, international organizations, academia/think tanks, and other development partners active in Private Secor.
- Strengthens the analytical base of the Division’s work and fosters “One Bank Approach” with other Sector Department active in Private Sector Operations
- Instills a culture of evidence-based, yet client-tailored engagement for highest development impact.
Resource Management:
- Manages within available budget constraints, restructures unit as needed and establishes funding priorities.
- In consultation with relevant stakeholders within the Bank, decides on the best use of internal and external resources for maximum client and developmental impact.
- Is accountable for delivering the agreed upon work program through cost-effective use of resources (human and budget) within the agreed parameters and in compliance with internal controls and policies and ensures timely delivery and overall quality of the Division and Department’s outputs.
Others:
- Staffing: Seek the attention of the Director and other institutional leaders to beef up staffing via recruitment, selection, training, and the development of additional staff.
- Lead on the organization of regular internal and external outreach events for the benefit of staff and
other stakeholders to explain the activities of the Department/Division as required - Provide advice to the Director on issues relating to private sector development, initiatives to be undertaken and enhancement deemed necessary.
- Lead on ad hoc assignments related to General Capital Increase, ADF Mid-term Review, Annual Meetings, MDBs technical working groups, AIF, NSOs in Transition Countries,
- Represent the Bank on private sector operations issues at technical, policy and strategic levels.
- Coordinate the private sector operations activities with private sector managers in NSO Departments and Regions and ensure effective communication between division staff and PINS team and management, effective communication and collaboration with other NSO departments.
- Lead and provide oversight of the TIC Secretariat as prescribed in internal Directives
- Participating effectively in NSO coordination meetings when required
- Maintaining high standards of professional integrity and ensuring high-quality services.
- Setting realistic performance goals and evaluation of staff performance.
- Ensuring staff capacity building, career development, and growth plans being are achieved.
- Mentors and coaches the division’s staff, as required
Requirements
- Hold at least a Master’s Degree in Business, Finance or Economics.
- Have a minimum of eight (8) years of relevant experience in project investment and transaction and in-depth experience in policies & strategies, of which three (03) years’ must have involved managing and/or supervising teams.
- Extensive and in-depth experience in the fields of corporate project finance, structured finance, equities, global risk management/mitigation, transaction advisory services.
- In-depth awareness of the latest trends and developments in financing for development to make effective
business decisions; including a solid appreciation of the various clients’ needs and drivers to advance
colleagues’ thinking around business issues. - Demonstrated leadership in creative financial instruments and a track record
of supporting various financing structures utilizing various financial instruments. - Wide network of contacts among relevant investors and be able to identify potential investors that fit various asset and risk management products.
- Have managed during the past three years multi-disciplinary teams of minimum of 10 staffs.
- Strong experience with Credit enhancement instruments and good knowledge of tailored products for sector-based investments.
- Ability to apply information from both inside and outside the Bank Group and to work with a wide range of clients, including (i) internal ones (senior management and line managers in both PIVP and other Complexes, Operations staff both at HQ and in the Bank’s representative missions, Executive Directors and their advisors) and (ii) external partners (governments, other MDBs, international organizations).
- Comprehensive state-of-the-art understanding of investment techniques and familiarity with relevant strategies, policies, procedures and practices of development finance institutions; Knowledge of MDB’s private sector business will be an added advantage.
- Leading organizational change through stakeholder management and communication plans and training development and delivery on NSO portfolio management.
- Establishes and maintains effective working relationships with internal and external customers, partners and stakeholders and maintaining very strong and successful partnerships.
- Ability to develop initiatives, continuously expand understanding of relevant business practices and systems/technology and share knowledge and NSO departments.
- Demonstrated leadership skills, strong teamwork and communications skills in a highly diverse environment.
- Proven ability to effectively plan, direct, organize and administer diverse activities to ensure effective delivery of work program with excellent people management and problem-solving skills.
- Ability to plan and manage staff to achieve high quality results and encourage innovation in an open team-based environment, inspiring trust and influencing and resolving differences across organizational boundaries.
- Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other.
- Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint).
Application Closing Date
19th July, 2025; 22:59.
How to Apply
Interested and qualified candidates should:
Click here to apply online