REQUEST FOR EXPRESSIONS OF INTEREST

AFRICAN DEVELOPMENT BANK

Financial Management Department

E-mail : [email protected] Telephone : +225 20 26 12 71

Expressions of interest are being requested for a Junior Consultant Position

 

 

Brief description of the Assignment : Provide analytical and financial modelling support to the Asset and Liability Management Division

Department issuing the request : Financial Management Department

Place of assignment : Abidjan, Cote d’Ivoire

Duration of the assignment : 12 months

Relevant experience : 2-4 years

Tentative Date of commencement : 1 September 2020

Detailed Terms of reference for the assignment : Attached

Deadline for applications : 5 August 2020

Applications to be submitted to : [email protected] with a copy to [email protected] and [email protected]

Any questions and requests for clarifications may be sent to : [email protected] with a copy to [email protected]

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

  1. 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, and since February 2003 it has operated from its temporary relocation agency in Tunis. 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 Bank is rated triple A by the major rating agencies.

  1. Background :

The Asset and Liability Management Division (FIFM1) is responsible of the formulation and promulgation of asset and liability management policies and guidelines for the Bank Group, ensuring internal consistency of all financial policies and guidelines including those initiated and developed by the other Departments in the Finance Complex, and monitoring and reporting on compliance thereof. The Division’s primary focus is the management of market, liquidity, and operational risks associated with the Bank Group’s capital mobilization, borrowing, lending, and investment activities. The Division takes the lead in developing and implementing models for producing financial projections and for proposing measures to ensure satisfactory financial performance for the Bank Group.

  1. Duties and Scope of Work :

The Financial Management 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 Asset and Liability Management Division.

The consultant will need to understand the AfDB Group, its strategy, achievements and how the Financial Management department facilitates the Bank Group’s mission. He/she will have knowledge of the Risk management tools.

The incumbent will provide financial modelling services in support of its financial projections model and asset and liability management analysis.

This role will involve :

  • Review/audit of existing financial models ;
  • Propose enhancements, optimization and upgrades where appropriate ;
  • Evaluate the impact of various proposals on the financial position of the Bank through conducting financial analysis, developing models, conducting scenario analysis and assessing/presenting various outputs/options ;
  • Play an integral role in helping the division to produce and deliver key ALM reports (interest rate risk, liquidity risk and financial projections etc.) and ensuring that the computations required are performed in alignment with the ALM guidelines ;
  • Contribute to the elaboration of the key documents from the division ;
  • Any other task agreed with FIFM on an ad-hoc basis.
  1. Requirements : 

The Junior Consultant should possess strong quantitative and analytical skills, be well versed in risk management techniques.

Eligibility criteria for the recruitment are :

  • Minimum of a Master Degree or its equivalent in Business Administration, Finance, Banking, Accounting, and Economics. Professional qualification in risk management will be a plus ;
  • Be a national of one of the member countries of the Bank ;
  • Be under 32 years of age ;
  • Good knowledge of Asset Liability Management, Interest Rate Risk and Liquidity risk and risk management concepts ;
  • Experience of forecasting P&L and balance sheet of a financial services / banking entity ;
  • Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint), competence in data modelling and quantitative methods ;
  • Ability to communicate and write effectively in French and/or English, with a working knowledge of the other language ;
  • Good team worker with excellent analytical, problem solving, time management and communication skills both written and verbal.
  1. Principal location of the Consultancy :

The Consultancy will be carried out at the Bank’s premises in Abidjan Cote d’Ivoire.

  1. Tentative Date of Commencement and Duration of the Consultancy :

The tentative date of commencement of the assignment is September, 1st 2020.

The duration of the assignment is approximately twelve (12) months following the signature of this Contract.