The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. Our objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.
We are recruiting to fill the position below:
Job Title: Project Implementation Unit (PIU) Project Manager
Location: Abuja
Background
The Development Bank of Nigeria (DBN) is a Wholesale Development Finance Institution licensed and supervised by the Central Bank of Nigeria, with the objective of addressing the access to finance gaps of underserved Micro, Small and Medium Enterprises (MSMEs) in Nigeria. With business and governance models based on internationally recognized good practice and substantial commitment of capital, the DBN performs a catalytic role with potentially transformational impact by facilitating financially sustainable and transparent access to finance for underserved MSMEs.
This is achieved by supporting the development of diverse lending products, including the provision of medium – and long-term loans in local currency (Naira) and partial credit guarantees (through its wholly owned subsidiary Impact Credit Guarantee Limited) provided to eligible Participating Financial Institutions (PFIs), with a view to expanding their outreach to MSMEs and, to a limited extent, small corporates.
The DBN is registered as a public limited liability company and is regulated, licensed, and supervised by the Central Bank of Nigeria (CBN). The operations of the DBN are being supported by funding provided by the World Bank and other development partners, namely: the African Development Bank (AfDB), the German Development Bank (KFW), the French Development Agency (AFD) and the European Investment Bank (EIB).
A proportion of DBN’s funding is allotted towards providing Technical Assistance (TA) and Capacity Building projects to its clients –the PFIs, aimed at strengthening their capacity to offer products and services to the MSMEs, broaden their lending portfolios and ensure their profitability under terms consistent with market standards.
For effective management of these project funds, a Project Implementation Unit (PIU) has been established within the Bank, responsible for overseeing implementation of the TAs, associated projects, management of project funds and ensure successful delivery of all project objectives.
Description
The Ideal candidate will be responsible for planning, executing, and closing projects within budget and on schedule while ensuring quality standards are met. This role requires strong leadership, excellent communication skills, and the ability to manage multiple tasks efficiently. Previous experience as a Project Manager on International donor funded projects is compulsory.
Objective of the Assignment
The Project Manager shall be responsible for coordinating all activities within the Project Implementation Unit.
Scope of Work
Management and Coordination of all DBN PIU Activities.
Definition of project scope, project plans, objectives, deliverables and timelines, including monitoring project progress and handling any issues that might arise ensuring that projects are delivered on time, within scope and budget.
Coordinating the selection of qualified staff to the PIU.
Coordinating the preparation and review of Project Work and Procurement Plans.
Ensuring compliance with project fiduciary and technical requirements, liaising with project implementation teams to ensure achievement of project objectives.
Oversight on all project reporting requirements ensuring coherence, effectiveness, timely preparation and distribution to all project stakeholders.
Oversight on Capacity Building programs funded under the projects.
Liasing with internal and external stakeholder on project activities
Planning and coordinating study tours for project/DBN/PFI staff as it relates to the project.
Ensuring regular submission of any financial technical reports to the international partners based with expected timelines.
Coordinating any financial audits that will be carried out as deemed necessary on any of the projects.
Oversight on all payments, contract implementation, timelines and deliverables to ensure that project objectives are met.
Drafting and Updating of PIU Manual
Coordinating all procurement processes ensuring that all are carried out in line with international donor requirements.
Conduct of Work and Duration of Assignment:
The Consultant will be offered a contract with a duration of twelve (12) months on a full- time basis, renewable based on satisfactory performance and need. The Consultant will be required to report at the DBN Head Office based within the DBN approved work hours.
Reporting Obligations The Project Manager shall work under the direct supervision of the PIU Project Coordinator. He/She shall also report to the PIU Management team and DBN. Regular progress reports shall be prepared by the Project Manager in the forms and reporting periods yet to be agreed.
Payment Schedule For the duration of the engagement, the Consultant shall be renumerated on a monthly basis with an amount yet to be agreed. This yet to be agreed amount multiplied by the intended 12-month engagement period shall cumulate and form the total contract sum.
Required Qualification and Experience
A Bachelor’s Degree and Master’s Degree in a relevant field such as Project Management, Business Administration, Finance, Business, Economics or related disciplines. Relevant trainings and professional certifications in project management such as a PMP Certification is a strong plus.
Strong understanding of the financial sector and project management methodologies.
At minimum of eight (8) years of relevant work experience as a Procurement Manager, of which at least four (4) must have been on internationally funded projects. Experience must relate to successful project delivery, team leadership and stakeholder management.
Excellent leadership and communication skills.
Ability to manage multiple projects simultaneously.
Strong skills in presenting, discussing, and resolving difficult issues, both orally and in writing, and excellent listening skills.
Ability to deal sensitively with a multi-cultural environment and build effective business relationships with clients and colleagues.
Exceptional degree of integrity, judgment, and tact in handling the most sensitive, diverse and confidential material.
Application Closing Date
6th September, 2024.
Method of Application
Interested and qualified candidates should send their Resume to: [email protected] using the Job Title as the subject of the mail.