AfDB Division Manager, Capital Market Development, PIFD2 Jobs in Nigeria
AfDB Division Manager, Capital Market Development, PIFD2 Jobs in Nigeria
The Position The Manager, Capital Markets Development is responsible for the Bank's vision for capital markets in Africa and its prospective areas of intervention in the sector. The Manager, Capital Markets Development will be responsible for ensuring that all the Bank’s operational Vice Presidencies have efficient and predictable access to expertise and instruments related to capital markets finance as well as development policies to grow the various RMCs’ capital markets sector.
Duties and Responsibilities
Under the overall supervision of the Financial Sector Director and in close collaboration with the Private Sector, Infrastructure and Industrialization (PIVP) Complex, the manager will perform the following:
Lead Capital Markets Development in Africa and align it with institutional objectives within the High 5 priorities of the Bank, at the strategic and operational levels Duties/Responsibilities/tasks will focus on how AfDB can best support the deepening of domestic capital markets to mobilize long-term financing for needed investments critical to development in Africa
Lead Capital Market Solutions to face major crisis (health, financial, other disasters) in Africa. Duties/Responsibilities/Tasks will focus on how AfDB can support at due time in an emergency context the countries affected by the crisis to raise domestic financial resources able to reduce the impact of the crisis
Capital Markets Development Policy & Strategy:
Develop, maintain and revise the Capital markets development policy and strategy of the Bank in consultation with internal and external stakeholders (including Regional and non-Regional Member Countries) and taking into account of medium to long-term trends in capital markets and the development of the continent;
Ensure the appropriate implementation of the policy and strategy in a one-bank approach and define a monitoring and evaluation framework;
Develop a cost-benefit perspective to pricing and build the logical and quantitative frameworks for addressing market failures.
Capital Markets Deal structuring and advisory:
Establish and lead as the focal point on the Bank’s Capital Markets Development Advisory offering a suite of the following services to RMCs (private and public sector):
AfDB Affordable Housing Finance Advisory Services
Advise and promote bond programs such as Municipal Bond, Green Bond and securitization programs
Assist with reforms on Pension Funds, Insurance and Asset Management industry in Africa
Advise on Capital Markets regulatory frameworks and reforms for broadening market participation
Advise on financial stability and governance in capital markets sector
Provide cutting edge advice on capital markets infrastructure solutions, securities and commodities exchange/regulator establishment, operations, and/or development;
Provide direct support to Capital Markets Development operations staff in the field, particularly in order to improve the impact and the financial and economic analysis of projects;
Advise operational staff on capital markets trends and the consequences they have for future project development and design
Supervise African Financial Market Initiative Team
Capital Markets Technical Assistance:
Supervise / monitor and report to the Director on all the activities under the Capital Market Development Trust Fund (CMDTF) including the regular functioning of the Fund and the operational aspects relative to the projects approved or to be approved by the Fund
Assist the fund-raising activity including especially the introduction of new donors in the Fund
Ensure the alignment of the projects financed through CMDTF with the objectives of the Division and the Bank’s H5 Priorities
Insure that CMDTF will provide a strong added value permitting to enhance the other projects and initiative (as AFMI)
Africa Capital Markets Knowledge:
Coordinate and work alongside key partners, such as other MDBs and the World Economic Forum to design capital markets development-based programs and solutions for the economic and social development of Africa;
Publish major studies and reports on capital markets development including bond Market, taking into account the comparative advantage that the Bank can bring to bear to any specific subject or theme.
Convene associated workshops and media events to solidify the learning across Africa;
The Technical Oversight:
Plan, organize and supervise the activities and staff of the Division;
Build and maintain strong relationships, through a high-level dialogue, with capital
markets regulators (including relevant government officials and ministries), stock exchanges, capital markets leaders, clients, global and regional private businesses, local and foreign institutional investors, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities within the H5 priorities of the Bank
Lead in implementing, processing and closing efficient capital markets and related transactions through offering ongoing guidance and sector
Selection Criteria
A minimum of a Master’s or its equivalent in Finance, Development Economics, Business Administration or any other discipline that is relevant to the operations of the Capital Markets Development Division;
Sound knowledge of financial sector issues and a demonstrated ability to engage in a broad range of development and policy issues facing Africa’s capital markets.
A minimum of 8 years of relevant professional experience in Infrastructure, Industrialization and Public Private Partnerships, preferably within the Financial Sector. 3 years of which should be in a management position or leadership role.
Demonstrated knowledge of having previously worked in a capital markets environment, including a capital markets transactional environment or within a capital markets regulatory environment, or capital markets securities exchange environment.
Proven track record in the structuring of a range of Bank instruments, such as loans, guarantee products and technical assistance, programs of reforms. Experience in managing the delivery of programmes.
Leading and developing teams and managing projects and programmes
Professional experience in Development Finance Institutions and the private sector is advantageous
A proven track record for origination and in managing the delivery of projects in Capital Market.
Demonstrated experience in project appraisal in a multilateral financial institution with special focus on Capital Markets development
Experience in and strong understanding of socio-economic and development issues and dynamics in Capital Market sector, preferably in Africa.
Familiarity with strategies, policies, procedures and practices of multilateral development institutions.
Comprehensively understands projects structures, including project design, planning, risk management strategy, issue management strategy, communication management strategy, lessons learned and handover, and other critical success factors, strategies, policies, procedures and practices of multilateral development banks.
Negotiation Skills - Highly developed negotiation skills proven to yield positive outcomes with senior counterparts, both internal and external, and understands when and how to apply diplomacy, influence, maintain a hard line, make or break contacts, understand unwritten lines of influence and conduct oneself accordingly.
Knowledgeable in the structuring and execution of debt and equity investments in the Capital Market sector projects and programmes.
Professional Expertise: Continuously expands understanding of relevant business products, practices and systems/technology.
Highly developed strategic thinking skills allied to an ability to translate strategic concepts and direction into the implementation of workable and sustainable projects and programs.
Ability to pull together all aspects of project origination and drive the process to deliver the lending program.
Excellent Professional written and verbal communications in English or French with a working knowledge of the other.
Competence in the use of standard MS office applications (Word, Excel, Access, and PowerPoint) and Financial Market software such as Blomberg.
How to Apply
For more information and job application details, see; AfDB Division Manager, Capital Market Development, PIFD2 Jobs in Nigeria
Find Latest Jobs in Nigeria Today - Recruitment in Nigeria Job - Nigerian Jobs - in Nigeria - Job Vacancies in Nigeria
Search our career portal & find the latest Nigerian job positions, career opportunities & jobs in Nigeria.
Jobs in Nigeria - banking jobs in Nigeria, IT jobs in Nigeria, accounting jobs in Nigeria, NGO jobsin Nigeria, business administration in Nigeria, ICT jobs in Nigeria, UN jobs in Nigeria, procurement jobs in Nigeria, education jobs in Nigeria, hospital jobs in Nigeria, human resources jobs in Nigeria, engineering jobs in Nigeria, teaching jobs in Nigeria, and other careers in Nigeria.
Oil and Gas job vacancies in Nigeria, MTN jobs in Nigeria, job vacancies in Nigeria for fresh graduates.
Federal government jobs in Nigeria, job vacancies in Nigeria Federal Civil Service.
Find your dream job from 1000s of vacancies in Nigeria posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to NGO Jobs in Africa.
