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Resource Mobilisation Officer, FIRM1

Location: 

Abidjan, CI

  • Grade : LP4 
  • Position No. : 50001279 
  • Posting Date: 08/23/2024 
  • Closing Date : 09/22/2024 

 

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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 Partnerships Department (FIRM) has fiduciary responsibility for strategic concessionary resource mobilization, as well as donor relationship management and reporting, with the aim to complement and leverage the financial resources and instruments of the African Development Bank Group.

 

FIRM is comprised of two divisions – FIRM.1 and FIRM.2 with primary accountability to increase the pool and types of funding available to the Bank's regional member countries (RMCs). The Department sits under the Finance Vice Presidency (FIVP). FIRM.1 is responsible for resource mobilization initiatives and partnerships with sovereign entities. It is mandated to mobilize, allocate and monitor resources for the Bank’s statutory capital, including the African Development Fund (ADF) the concessional window. FIRM.1 leads the partnership with sovereign entities such as bilateral aid agencies and manages most bilateral trust funds of traditional partners.

 

THE POSITION:

 

The Principal Resource Mobilization & Partnerships Officer plays a central role in resource allocation, monitoring, evaluation and reporting for ADF resources to African countries and the coordination of the Bank Group Country Policy and Institutional Assessment (CPIA). Under the supervision of the Division Manager, the Resource Mobilization & Partnership Officer will also provide advice and support to internal and external clients on a range of resource mobilization and partnership issues including but not limited to: the African Development Fund, bilateral trust funds, special initiatives and any other innovative partnership mechanisms involving the Bank Group’s traditional sovereign partners.

 

KEY FUNCTIONS:

 

The Resource Mobilization Officer will;

  1. Contribute to key processes during the African Development Fund cycle, including replenishment, mid-term review, resource allocation, monitoring, reporting, and also, updating and or developing of related procedures and operational guidelines;
  2. For trust funds, special initiatives and any other innovative partnership mechanisms with the Bank Group’s traditional, sovereign partners, oversee the administration, monitoring of these funds as well as their disbursement, so as to ensure organizational compliance with Donors’ financial and programmatic reporting requirements;
  3. Conduct consistent monitoring and evaluation activities of Donor-funded activities and prepare progress / financial reports to the respective Donors, Senior Management, and the Board of Directors;
  4. Provide internal stakeholders with technical advice and information on the rules and policies related to the ADF resource allocation Framework as well as the best practices for leveraging the catalytic effect of the ADF financing instruments.
  5. Assist in the organization of regular internal and external outreach events for the benefit of staff and other stakeholders to explain the ADF resource allocation Framework, and the key drivers of the allocation system;
  6. Participate in and contribute to key partnership meetings, (including those with other Multilateral Development Banks and other international organizations) to seek for new resource mobilization and partnership opportunities for the Bank Group;
  7. Contribute to effective collaboration with other departments and complexes;
  8. Contribute to the conceptualization, elaboration and presentation of Bank Group resource mobilization and negotiation documents; elaborate policy and strategy papers relevant to resource mobilization and/or negotiation process;
  1. Assist in elaborating Division’s objectives, work programs and their execution while ensuring that deadlines are met and that outputs meet the highest technical standard.

10.Review documentation presented for consideration of various internal committees including the Operations Committee (OPSCOM) and Senior Management Coordination Committee (SMCC) .

 

COMPETENCIES(skills, experience, and knowledge):

 

  1. Hold at least a master’s degree in Economics, Finance, Accounting, Statistics, or related fields.
  2. Have a minimum of six (6) years of relevant and work experience in economics, financial modelling or statistics preferably within a (i) public financial institution or (ii) bilateral aid or development agency with a clear and established operational track record of achieving results.
  3. Have a minimum of two (2) years of experience with proven understanding of fiduciary best practice and standards; experience in budget and project portfolio management; and ability to report on and manage financial information.
  4. Experience writing operational guidelines, policy papers or strategies.
  5. Good understanding of key trends in international development finance (e.g. knowledge of ODA approaches and policies of major international donors as part of OECD-DAC,; bilateral and multilateral agency fundraising and partnership trends in the short medium-, and long-term) will be an asset.
  6. Determined and client-oriented problem solver, willing to be flexible and use innovation & creativity in the face of challenges.
  7. 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.
  1. Strong competence in the use of standard software (Word, Excel, PowerPoint); knowledge of SAP and financial modeling essential.

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THIS POSITION DOES NOT ATTRACT INTERNATIONAL TERMS AND CONDITIONS (THE POST HOLDER WILL BE CONSIDERED AS A LOCAL STAFF AND WILL NOT HAVE INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT).

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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

Applicants who fully meet the Bank's requirements and are considered for interview will be contacted. Only online applications submitted with a comprehensive Curriculum Vitae (CV) and copies of the required degrees will be considered. The President, AfDB, 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

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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.

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“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.”

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