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: Infrastructure Investment Officer
Position Number: 50078335 Location: Abidjan, Côte d'Ivoire
Position Grade: PL4
The Position
The core responsibilities of this position is to identify business opportunities and structure transactions related to private investments in transport and urban development infrastructures and services and originate projects for Bank financing.
Key Functions
Under the overall supervision and guidance of the relevant Division Manager the investment officer will:
Project Development and Processing:
Liaise and coordinate with other Investment Officers and Bank staff in business development and the origination of a good quality investment pipeline.
Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.
Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations management.
Build and maintain strong relationships with other departments, clients, banking and multilateral partners and government officials to develop specific investment opportunities.
Prepare project concept notes and appraisal reports for presentation to the department, review committees, senior management and finally the Board of Directors.
Execute loans, guarantees or equity financing including processing mandates, conducting due diligence, structuring deals, negotiating terms and documentation, arranging syndications, and processing internal approvals.
Coordinate with sector colleagues, the internal approvals to proactively find pragmatic solutions to emerging/specific sector challenges.
Develop investment promotion strategies in Africa, including targeting potential investors and promoting AfDB's products and services proactively.
Work with the legal department to ensure that all deals have appropriate legal documentation and that financial close is achieved, and hand over projects to portfolio management staff.
Design specific innovative transactions, projects, and initiatives:
Undertakes the work on aspects of investments and infrastructure development and aligns them with institutional objectives.
Evaluate, structure, negotiate, and close new transactions, with a strong focus on credit and asset quality (include processing mandates, due diligence, negotiating term sheets and other documentation, syndications and board approval);
Provide support to others and portfolio teams in processing and supervising projects.
External Liaison and Knowledge Sharing:
Contribute to the documentation of lessons learned from investment operations and emerging best practices in areas of expertise.
Participate in and contribute to information and experience sharing sessions with internal and external stakeholders.
Participate in and contribute to activities for advocacy, dissemination and knowledge building relating to AfDB’s investments/operations, products and initiatives.
Provide peer review to other colleagues to share industry knowledge and information on respective sector.
Provide technical leadership and support to knowledge and lesson sharing approaches and events with internal and external stakeholders.
Build and maintain strong relationships with clients, banking and multilateral partners and government officials to develop specific investment opportunities.
Competencies (Skills, Experience and Knowledge)
At least a Master’s Degree in Business Administration, Infrastructure Finance, Finance, Banking and related areas, plus preferably a bachelor’s degree in engineering or similar technical fields.
Have at least six (6) years of professional experience, in project infrastructure finance, consultancy, with specific experience in emerging markets.
Proven ability to identify, process, and negotiate transactions in the infrastructure sector from a private sector standpoint and in particular related to transportation assets and services or similar sector such as Energy sector.
Good understanding of the Transport infrastructure and related services, in particular, Ports, Airports, Highways and Mass Transit Systems, and Infrastructure markets.
Strong analytical and financial structuring skills (including financial modeling experience) and sound business judgment.
Working experience in multinational organization in Africa and/or specialized experience in similar organization/s would be considered an advantage.
Knowledge of economic developments and market trends in Africa.
Ability to contribute to sound decisions and contribute to the execution of the decisions.
Ability to initiate, effectively and independently interact with the senior government officials, senior management of potential clients.
Strong commitment to search for and produce innovative and creative approaches to activities in order to enhance performance and create added benefits to the Bank and its clients.
Excellent problem-solving capabilities applies business knowledge to the resolution of problems and identifies solutions to the benefit of the client (internal and external) and the organization.
Excellent organizational, administrative, and time management skills.
Proven ability to work with limited supervision and efficiently to deliver under pressure and meet tight deadlines.
Willingness to travel extensively and geographic flexibility (some of the positions may be relocated to regional hubs in the future).
Excellent presentation skills.
Ability to communicate orally and in writing effectively in French or English, with a good working knowledge of the other language.
Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint).