Senior Portfolio Officer

KEY FUNCTIONS:

Under the supervision of the Division Manager, the Senior Portfolio Officer will perform the following duties:

• Monitor assigned NSO Projects’ progress through field visits (once a year, minimum) / desk reviews and preparing relevant reports (including, inter-alia, the quarterly Portfolio Status Report (PSR), the Annual Supervision Report (ASR) and Project Completion Reports (XSR / PCR) for submission to Senior Management, as periodic updates on implementation progress.
• Review periodic Reports including but not limited to quarterly, half-yearly, and annual operational, technical, environmental and financial reports of assigned projects to ensure compliance with facility terms and conditions and project implementation timelines, highlighting any implementation issues and challenges.
• Lead the review of facility disbursement / utilization, performance, restructuring and waiver and consent requests from clients, and coordinate the preparation, submission of requests from the clients to internal approving Authorities (to seek and obtain necessary credit and other approvals).
• As a member of the Project Appraisal Team on new transactions, share lessons learnt from current portfolio under her / his purview with a view to improving the design, preparation and implementation of projects to strengthen the quality of the portfolio at entry.
• Monitor the impact of the operating environment on assigned projects under implementation and alert Management on any material potential risks that may arise and impact the portfolio.
• Monitor the adequacy of the level of provisions for the assigned portfolio and recommending its adequacy or adjustment as necessary.
• Lead analytical work on portfolio trends, drivers of investment returns, and draw and share lessons from the portfolio analysis.
• Monitor performance of the assigned portfolio with particular focus on compliance with covenants, arrears monitoring, updating of Collateral Register, rating of projects and non-Performing loans, and prepare recommendations for Senior Management’s consideration.
• Assist in the implementation of internal and external audit recommendations related to portfolio management.
• Contribute to the development of medium and long-term strategies and action plans to improve the quality of the Bank’s NSO Portfolio.
• Screen potential clients and deals and liaise accordingly with relevant departments to originate deals found to be feasible; and
• Perform any other ad hoc assignments relating to NSO Portfolio Management, as required by the Division Manager or any other immediate supervisor.

COMPETENCIES

• Hold at least a master’s degree in Finance, Accounting Business, Engineering, or Economics or related fields.
• Have a minimum of five (5) years of relevant experience in corporate portfolio management, in Africa / emerging markets, with proven record of accomplishment.
• Experience and comprehensive knowledge of private sector investment and portfolio management techniques.
• Good knowledge of corporate and project finance prerequisites and familiarity with finance and project documents will be an advantage.
• On-hand exposure to financial analysis, with strong command of related modelling tools.
• Good knowledge of relevant strategies, policies, procedures and practices of development finance institutions will be an added advantage.
• Ability to effectively plan, direct, organize and administer diverse activities, to ensure effective delivery of work program.
• Proven interpersonal skills demonstrated by the ability to work in a multi-cultural, multi-ethnic environment, with sensitivity and respect for diversity and the ability to build trust and provide leadership to different team members.
• Ability to communicate effectively (written and oral) in English or French, with a good working knowledge of the other.
• Competence in the use of Bank standard software (SAP, Word, Excel, PowerPoint).

THIS POSITION IS CLASSIFIED LOCAL POSITION STATUS AND DOES NOT ATTRACT INTERNATIONAL TERMS AND CONDITIONS.

ONLY NATIONALS OF MEMBER COUNTRIES OF THE BANK WHO ALREADY HAVE THE RIGHT TO STAY AND WORK THERE WILL BE CONSIDERED FOR THIS POSITION. THE BANK DOES NOT SPONSOR OR SUPPORT APPLICATIONS FOR WORK PERMITS AND RELOCATION FOR THE POSITION IN QUESTION.

Closing Date : 21/05/2024