AFRICAN DEVELOPMENT BANK GROUP

AVENUE JOSEPH ANOMA

PLATEAU 01 ABDIJAN COTE D’IVOIRE

Web Site : http://www.afdb.org

Date: 20 Oct. 2020

REQUEST FOR EXPRESSIONS OF INTEREST

AFRICAN DEVELOPMENT BANK

Treasury Department

E-mail : [email protected]       Telephone: +225 2026-3289

Expressions of interest are being requested for a Junior Consultant Position

 

 

Brief description of the Assignment : ASSISTING IN INTERNATIONAL CAPITAL MARKET ACTIVITIES

Department issuing the request : Treasury Department

Place of assignment : Abidjan

Duration of the assignment : 6 months

Tentative Date of commencement :  November 2020

Detailed Terms of reference for the assignment : Attached

Deadline for applications : 3rd November  2020

Applications to be submitted to : [email protected] with a copy to [email protected] and m. n’[email protected]

Any questions and requests for clarifications may be sent to the same recipients.

Please submit your proposal including Curriculum Vitae on the basis of the template attached.

Thank you.

MODEL CURRICULUM VITAE – AFDB BAD PDF

TERMS OF REFERENCE FOR THE HIRING OF A JUNIOR CONSULTANT

Introduction :

The African Development Bank is a regional multilateral development bank whose shareholders include the 53 countries in Africa and 25 non-African countries from the Americas, Asia and Europe. The Bank was established in 1964 with its headquarters in Abidjan, Côte d’Ivoire. The Bank’s primary objective is to promote the economic development and social progress of its regional member countries, individually and jointly. The central goal of the Bank’s activities is promoting sustainable growth and reducing poverty in Africa. The Bank thus finances a broad range of development projects and programs.

The AfDB provides financial assistance to its member countries using resources primarily raised in the capital markets. One of the key objectives of the Treasury Department is to support the development mandate by raising cost effective resources from the capital markets. The Treasury department strives to ensure timely access to major capital markets for primary debt and take all necessary measures to increase investor awareness of its financial condition so as to enhance its new issues and secondary trading activities. The Bank is rated triple A by the major rating agencies.

Background :

The AfDB’s goal is to achieve a preferred investor status by being a regular and responsive issuer in the capital markets. The funding strategy focuses on raising cost-effective funding while maintaining a diversified investor base. Products offered to investors range from plain vanilla bonds to structured bonds to commercial paper, public issues to private placements, global bonds to African currency bonds to Uridashi issues that cater to our Japanese investor base. Investor relations is an important component of the funding strategy and is key to the Bank’s borrowing activities.

Duties and Scope of Work :

The Treasury Department is looking for a Junior Consultant that will be responsible for assisting in a series of key assignments. The consultant will work under the guidance of the Manager of the Capital Markets and Financial Operations Division.

The consultant will need to understand the AfDB Group, its strategy, achievements and how the Treasury department facilitates the Bank Group’s mission. He/she will have knowledge of the international debt capital markets.

The assignments are of the following nature :

  1. Preparation of the Financial Presentation ;
  2. Monitoring of capital markets, both primary and secondary ;
  3. Maintaining the various databases of the division ;
  4. Regular updates of investor presentation and the website ;
  5. Update of Bank’s legal documentation for borrowing ;
  6. Information to rating agencies including for ESG rating ;
  7. Similar tasks as per the Division’s requirements.

Requirements :

The Junior Consultant should possess strong qualitative and analytical skills, be well versed in research techniques and should be committed to the social and economic development of countries in Africa.

Eligibility criteria for the recruitment are :

  • At least a Master’s degree (or its equivalent) in a relevant discipline related to the assignment ;
  • Be a national of one of the member countries of the Bank ;
  • Minimum of two years and a maximum of four years of relevant experience ;
  • Be under 32 years of age ;
  • Competent in the use of Bank standard software (Word, Excel, Access, PowerPoint, and web tools) ;
  • Knowledge of international debt capital markets ;
  • Professional experience with some of the leading investment Banks is desirable; and
  • Fluent in English or French, preferably with a working knowledge of the other language.