Closing date: Friday, 2 February 2024
Full vacancy title: Senior Resource Mobilization and Partnerships Officer, FIRM.1
Location: Abidjan, Côte d’Ivoire
Position Grade: PL5
Position Number: 50076477
Posting Date: 04-Jan-2024
Closing Date: 03-Feb-2024
THE BANK:
Established in 1964, the African Development Bank (AfDB) is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries or RMCs). 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. In order to sharply focus the objectives of the long term strategy of the African Development Bank Group and ensure greater developmental impact, five major areas, all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
THE COMPLEX:
The Vice Presidency for Finance oversees the financial management of the Bank Group. This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.
THE HIRING DEPARTMENT/DIVISION:
As part of the Finance Complex, the Resource Mobilization and Partnership department (FIRM) is responsible for strategic partnerships, donor resource mobilization and the leveraging of the financial resources and instruments of the African Development Bank Group. The department is comprised of two divisions whose primary, joint role is to increase the pool and types of funding available to the Bank’s regional member countries (RMCs), particularly for transformative projects in line with the Bank’s Ten-Year Strategy and High Five priorities.
The Sovereign Division (FIRM.1) is responsible for statutory resource mobilization initiatives and partnerships with traditional sovereign entities. It is mandated to mobilize, allocate and monitor resources for the Bank Group’s statutory capital, including the concessional financing window of the African Development Fund (ADF), and ensuring compliance with the ADF rules and the commitments taken at the replenishment negotiations. In addition, FIRM.1 leads, coordinates, and supports the implementation of the Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiatives (MDRI). FIRM.1 coordinates the Country Policy and Institutional Assessment (CPIA), is responsible for the allocation process of ADF resources among beneficiary countries, monitors their use in accordance with various ADF policies and guidelines, and fulfills the requisite periodic reporting on the use of ADF funds. Lastly, the division also leads on partnerships with sovereign entities such as bilateral aid agencies and manages most bilateral trust funds of traditional partners.
THE POSITION:
The Senior Resource Mobilization and Partnerships Officer (PL-5) will play a central role in the department and division. The successful candidate will be directly involved in mobilizing resources, engaging with sovereign partners and in deploying, monitoring and reporting on the use of resources. She/He will contribute to the planning, conceptualization, elaboration and operationalization of the ADF, bilateral trust funds, special initiatives and any innovative partnership mechanisms involving traditional sovereign partners.
KEY FUNCTIONS: Under the supervision and guidance of the Division Manager, the Senior Resource Mobilization and Partnerships Officer will:
- Support the organization and coordination of the ADF replenishment and mid-term review processes, including the management of relationships with assigned ADF donor countries, preparation of discussion papers and presentations and logistical arrangements.
- Contribute to the monitoring and reporting on the utilization of ADF resource envelopes in collaboration with other relevant departments.
- Working with other divisions and units, maintain and regularly update the Bank’s HIPC and MDRI dossiers and reports and contribute to drafting of reports on RMCs’ debt issues and arrears.
- Contribute to/Participate in the organization of regular internal and external outreach events for the benefit of staff, clients and other stakeholders to explain the activities of different funds, facilities, instruments of the Bank group and key drivers of the resource allocation system.
- Facilitate the coordination and collaboration between Bank Group business units and sovereign donors as assigned on resource mobilization through co-financing, trust funds, special initiatives and any other innovative partnership mechanisms.
- Serve as a fund manager, overseeing the administration and monitoring of existing and new bilateral trust funds of assigned sovereign donors, particularly their disbursement and grant-level project implementation to ensure organizational compliance with donors’ financial and reporting requirements.
- Monitor and evaluate grant-level activities of donor-funded programs and review activity progress reports, project completion reports, audit reports and other evaluation outputs from operational departments and financial statements from the accounting department to assess corrective actions if required and to prepare the submission of documents for review by the respective donor(s) as needed.
- Provide internal stakeholders with technical advice and information on the priorities and availability of development partner and donor funding to strengthen opportunities for fundraising of targeted Bank Group initiatives. eC25YHA BIpnb
- Participate in and contribute to key partnerships meetings and conferences (including those with other multilateral development banks) to seek new resource mobilization and partnership opportunities for the Bank Group;
- Contribute to the conceptualization, elaboration and presentation of resource mobilization and negotiation documents as well as policy and strategy papers relevant to resource mobilization and negotiation processes.
- Review documentation presented for review to various relevant internal committees including Operations Committee (OPSCOM) and Standing Committee on Partnerships (SCP).
COMPETENCIES (skills, experience and knowledge):
- Hold at least a master’s degree (or its equivalent) from recognized/accredited university in either: (a) Social sciences (law, public policy, international affairs, economics, politics, diplomacy, etc.), (b) Economics and finance (accounting), or (c) Other relevant fields;
- Have a minimum of five (5) years of practical work experience, of which at least two to three (2-3) must be related to resource mobilization and/or strategic partnerships preferably within a (i) public financial institution and/or non-profit sector; or (ii) private sector, with a clear and established operational track record in achieving results;
- Strong grasp and understanding of key trends in international development finance (e.g., climate finance issues, knowledge of ODA approaches and policies of major international donors as part of OECD-DAC, as well as emerging donors; bilateral and multilateral agency fundraising and partnership trends in the short-, medium-, and long-term) and an ability to identify the strategic fit of new partners, products and services in the global marketplace and what these may imply for the Bank Group’s fundraising efforts at any given time;
- General knowledge of the Bank Group’s shareholders, their various financial vehicles and facilities, and trends in their support;
- Determined and client-oriented problem solver, willing to be flexible and use innovation & creativity in the face of challenges;
- Ability to communicate effectively (written and oral) in English and/or French, preferably with a working knowledge of the other language;
- Ability to demonstrate cultural, gender, religion, race, nationality and age sensitivity and adaptability;
- Competence in the use of standard software (Word, Excel, Access, PowerPoint); knowledge of SAP and customer relationship management software a plus.
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 (link sends e-mail)
1- Regular Staff
If you are currently working at the African Development Bank as a regular staff, click on the button below to apply for this position.(link is external)
2- External Candidate
If you are not currently working at the African Development Bank, or if you are a Short Term Staff (STS), a Technical Assistant or a Consultant at the Bank, click on the button below to apply for the position.(link is external)
To apply for this position, you need to be national of one of AfDB member countries.
Applicants who fully meet the Bank’s requirements and are considered for further assessment will be contacted. Applicants should submit a concise Curriculum Vitae (CV) and any additional documents that may be stated as required. The President of the African Development Bank reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer. Female candidates are strongly encouraged to apply. http://www.afdb.org
The African Development Bank Group (AfDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the Bank does not request information on applicants’ bank accounts. The African Development Bank Group declines all responsibility for the fraudulent publications of job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever .
“Please note that the Bank does not accept dual nationality. Therefore, you are required to declare the nationality you would like to be considered by the Bank throughout your career, if hired. Please upload supporting Government issued IDs such as passport, National Identity Card or Certificate etc.”
