Senior Investment Officers – Portfolio Management The East African Development Bank (EADB) – Posted by The Uganda Jobs – Central Region, Uganda Job Description Reference number: EADB/SIOPM/2013 Supervisor: Portfolio Manager Location: Kenya, Rwanda, Tanzania, Uganda – tenure up to 3 years Job summary The Senior Investment Officer – Portfolio Management is responsible for ensuring that the extension, servicing, monitoring and collection of loans and other facilities (finance leases, equity investments, etc.) by the relevant operating units, is done in strict adherence to set institutional standards and practices as spelt out in the relevant investment policies, procedure manuals and client agreements. The job holder is accountable for identifying, and mitigating any process shortcomings to enable the Bank extend service and collect loans in a safe and sound manner. Key responsibilities •Support the development of disbursement policies and conditions as well as project supervision guidelines and share the same with clients and investment officers; •Assess progress reports and recommend or deny disbursement; •Work with investment officers to guide or provide technical assistance to project promoters; •Evaluate supervision reports and troubleshoot any problems detected. Carrying out periodic sample based rapid portfolio reviews and stress tests as an early problem loan identification mechanism; •Propose solutions to pre-empt problems in the portfolio; •Identify projects, clients showing signs of stress, delinquency or deteriorating credit rating and in liaison with the responsible Country Manager, transfer primary responsibility for managing the projects to the Workout Unit; •Track key covenants and terms and conditions contained in loan agreements with borrowers and ensure that Project Officers are monitoring their observance; •Track the billing and repayment processes and ensure that concerned Investment Officers make timely debt collection; •Carryout portfolio analysis to establish the quality of the Bank’s portfolio and propose change recommendations; •Research and keep abreast with market movement, financial/ economic policies and trends in the region, analyze their impact to the Bank’s investments and propose interventions to management timeously; and •Carry out any other duties assigned by Management. Academic and professional qualifications •A Finance-related, Engineering or other numerate degree from a recognized university. •Professional Accounting or Finance qualifications such as CPA, ACCA or CFA. •Relevant post-graduate degree such as an MBA or Masters in Finance. Experience and other requirements •Minimum of seven (7) years similar or relevant experience in a large commercial or development bank, preferably engaged in long term funding or project financing; of which three (3) should be at middle management level. •Hands-on/ practical experience in originating, appraising and implementing projects in a number of sectors. •Proven track record and substantive experience of successful investment, appraisal, analysis and recommendations. •Ability to deal sensitively in multi-cultural environments and build effective working relations and colleagues; •Strong analytical and financial analysis skills and experience in using financial models. •Ability to operate effectively across organizational boundaries and work as team to meet strict timelines. •Experience of working with a large financial institution or multilateral organization is required while International exposure. •High level of integrity with a clean record of service. •Experience in organizational/ business structuring/ restructuring. •Ability to dialogue with senior policy makers and client representatives. •Ability to work independently and show professional judgment in carrying out assigned tasks. •International exposure will be an added advantage. Additional skills •Self-motivated, flexible, mature and articulate in speech and presentation. •Excellent analytical skills, problem identification and solving skills. •Highly innovative. •Business acumen with proven successful projects. •Tact, diplomacy and good networking skills. •Good negotiation skills with the ability to interact with and influence high level decision makers. •Customer service orientation. •Results-orientation and dedicated to growing the Bank’s business in East Africa. •Fluency in English but working knowledge of Kiswahili will be an added advantage. How to Apply The East African Development Bank (EADB) is an international development finance institution, whose mandate is to promote the sustainable economic development of Kenya, Uganda, Tanzania and Rwanda. Shareholders of the EADB include the African Development Bank (AfDB), and other international financial institutions. If your career aspirations match these challenging and exciting roles, please write in confidence quoting the position title on the subject of the email or cover letter Applications, including your curriculum vitae, a working e-mail address, daytime telephone contacts, qualifications, experience, present position, current remuneration, names and addresses of three referees should be sent to [email protected]. All applications should be sent online by email. Applicants for all positions must be nationals of the EADB Member States except where expressly indicated. Applicants who had earlier applied for re-advertised positions should not apply for the same positions. Applicants will be required to address the following information directly to KPMG: 1) A reference letter from their immediate past employer. 2) A character reference from an individual who has known the applicant for at least 3 years. The EADB reserves the right not to offer or make any appointments, and to offer and make appointments on other terms and conditions. Successful candidates should be ready to assume duty before 1 October 2013. EADB will only contact applicants being considered for an interview.
Posted on: Thu, 04 Jul 2013 12:07:37 +0000
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