Division Manager Strategy and Transaction Support – The African Development Bank

THE HIRING DEPARTMENT:
The role of the Bank’s Private Sector Development Department is to promote private sector in Regional Member Countries, ensuring that it plays a central role in laying the foundations in the development role of the Bank, in line with the Bank’s 10 Year Strategy and HI 5 initiatives.
As part of the Private Sector Development Department, the Strategy and Transaction Support Division is responsible for preparing strategies, policies, guidelines, and analytical tools relevant to the private sector development; it also ensures global client management and undertakes specialized assignments for the Regions and the Sectors. It also provides ad hoc advice on transaction bankability and structuring of transactions.

THE POSITION:
The Division Manager is responsible for managing several teams (key among which structuring group, financial modelling and standards, global client management systems). The incumbent provides leadership and supervises the implementation of the new Central private sector department’s mandate of the Bank Group. The job holder’s responsibilities cover matters related to support to the various private sector departments (Energy, Agribusiness, Transport, Water and Sanitization, Industry and Trade Development, Financial Sector in business development, origination and portfolio management) s as well as specific transaction support assignments such as technical assistance and structuring guidance. The Division Manager advises Management and participates in technical discussions related to private sector development issues.

The purpose of the job is to:
Lead the development of private sector activities of the Bank by exploring, innovating, implementing and bringing opportunities to engage private sector in the various Hi5’s of the Bank.
Coordinate the development and implementation of strategies, policies and guidelines for Bank’s non-sovereign investment and technical assistance activities in all streams.
Develop country/regional private sector profiles and business targets in key niches with growth opportunities for both the country and the Bank’s business portfolio.
Develop and implement outreach strategies for private sector including a business intelligence platform.
Coordinate the private sector development activities with private sector managers in the regions and sectors.
Represent the Bank on private sector issues at technical, policy and strategic planning including meetings with engagement strategy for key clients existing or targeted and all business development initiatives and activities of the Department.
Coordinate and oversee the work of Modeling Team and ensure smooth interaction with concerned staff from other Departments including Sectors.
Duties and responsibilities
Under the supervision of the Director, the Division Manager will perform the following duties:
Lead robust, targeted, systematic and strategic business development efforts to sustainably grow the Bank’s business and impact in the Regional Member Countries.
Lead Team in charge of financial modeling, investment analysis and structuring of NSO transactions.
Develop and maintain relationships with potential clients and identify business opportunities taking into account Bank’s strategy, priorities and products.
Supervise the elaboration of country/region private sector profiles to inform the Bank intervention Programs and business development activities.
Identify areas where the Bank can catalyze market development through innovation based on a thorough understanding of local markets and best practices.
Provide advice to the Director on issues relating to private sector development, initiatives to be undertaken and enhancement deemed necessary.
Supervise the implementation of the flagships programs 1, 5 and 6 of the Industrialize Africa Strategy.
Foster strong relationships to identify opportunities for knowledge transfer among the Regional Hubs to the benefit of the clients.
Facilitate synergies and collaboration between the Bank’s non-sovereign and sovereign operations.
Represent and provide visibility for the Bank’s private sector development agenda in the target markets including through Organizing/participating in high profile events.
Selection Criteria

Including desirable skills, knowledge and experience
Hold at least a Master’s degree or its equivalent in Business, Finance or Economics.
Have a minimum of eight (8) years of relevant experience, out of which 3 years should be at a managerial level of extensive and in-depth experience in strategic, private sector business development.
Strong experience with more than 5 years in Development Finance Institutions preferably in MDB’s will be an added advantage.
Must have life cycle experience on to an end-to-end closure of at least 5 large-size private sector transactions in Africa and /or emerging markets.
Have managed during the past three years multi-disciplinary teams of minimum of 10 staffs.
Comprehensive state-of-the-art understanding of investment and portfolio management techniques and familiarity with relevant strategies, policies, procedures and practices of development finance institutions.
Demonstrated leadership skills, strong team work and communications skills in a highly diverse environment.
Excellent people management skills and openness to feedback, new ideas and ability to guide staff to solve problems.
Proven ability to effectively plan, direct, organize and administer diverse activities to ensure effective delivery of work program.
Proven track record in building and maintaining very strong and successful partnerships.
Ability to plan and manage staff to achieve high quality results and encourage innovation in an open team-based environment, inspiring trust and influencing and resolving differences across organizational boundaries.
Ability to continuously expand understanding of relevant business products, practices and systems/technology and share knowledge and expertise with others.
Develop and direct the implementation of objectives, policies, procedures and work standards for the Division. Ensure compliance with Bank policies and regulations.
Lead, manage and develop an integrated and diverse team, ensuring that it is well-motivated, innovative, high-performing, and well-trained.
Applies the principles of change management and proactively serves as a role model for transformation and capacity for acceptance of change.
Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other.
Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint).
THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem to: HR Direct HRDirect@AFDB.ORG.

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