Objectives
The Resource Mobilization and External Finance Department (FRMB) is responsible for the strategic resource mobilization and the leveraging of the financial resources and instruments of the African Development Bank Group. It seeks to increase the pool and types of funding available to the Bank’s Regional Member Countries in line with the Bank’s Ten-year strategy (TYS). The Sovereign Division (FRMB.1) is responsible for fund raising initiatives and partnerships with sovereign entities, including the replenishment of the African Development Fund (ADF) and technical cooperation with legacy bilateral donors. It also coordinates the Country Policy and Institutional Assessment (CPIA), the allocation process of ADF resources among beneficiary countries (PBA), and monitors their use in accordance with the relevant ADF policies and guidelines. The Non-Sovereign and International Institutions Division (FRMB.2) is responsible for fund raising initiatives and partnerships with non-sovereign entities, and traditional and emerging donors outside of the ADF process. The division is also in charge of the relationships with the private sector, foundations and philanthropic organizations.
Duties and responsibilities
1. Play a crucial role in the organization and coordination of the ADF replenishment and mid-term review processes, including the management of relationships with ADF Deputies, as well as contributing to discussions, papers, presentations on the ADF’s financial and related issues (e.g., the long-term financial sustainability and capacity of the ADF, alternative sources of funding, innovative instruments, etc.).
2. Be part of the team task managing and/or contributing to the monitoring and reporting on the utilization of the different ADF resource envelopes, in collaboration with the other relevant departments.
3. Help manage the annual assessments of the Bank’s Country Policy and Institutional Assessment (CPIA) and all related processes, in particular, take key responsibility in the designing, maintaining, developing, and otherwise, fine-tuning the various CPIA data that provides governments, researchers, civil society organizations and individuals a quick access to the historical performance of the Bank’s CPIA scores and ratings.
4. Play a crucial role in and/or contribute to the development of strategic options for positioning the Bank Group in the global aid architecture, mobilizing and deploying its resources, by contributing to the planning, conceptualization, elaboration and presentation of the Bank Group key resource mobilization and negotiation documents.
5. Play a key role in coordinating resource mobilization through co-financing, trust funds, special initiatives and any other innovative partnership mechanisms; while also promoting the utilization of mobilized resources by user Departments, monitoring their disbursement, and preparing progress reports/financial reports to the respective Donors and to Senior Management.
6. Contribute and/or 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 the different funds and key drivers of the allocation system.
7. Organize business development and strategic initiatives consultations and meetings with key sovereign partners; and effectively monitor the implementation progress of any existing or new partnership agreements formalized with those partners.
8. Participate and/or organize high-level partnerships events and forums, including the annual AfDB Partnership Forum, involving the Board Members, Senior Management and traditional and emerging partners globally.
9. Provide internal stakeholders with regular information and analysis of development partner funding priorities to strengthen opportunities for target fundraising and facilitate the coordination and collaboration between Bank Group business units.
10. Help organize and lead key Multilateral Development Bank (MDB) meetings and working groups of important donors and international meetings, as required.
11. Manage relationships with existing donors effectively and with a measure of proactivity, and convey a global view of the Bank’s operations and key priorities for funding.
12. Propose new strategic partnerships with a variety of donors in light of the TYS and operational priorities of the Bank.
13. Organize high-level partnerships events and forums, including Business Opportunity Seminars for traditional and emerging partners globally.
14. Provide internal stakeholders with regular information of development partner funding priorities to strengthen target fundraising and facilitate the coordination and collaboration between Bank Group business units. and
15. Contribute to the effective collaboration with other departments and complexes.
Selection Criteria
Including desirable skills, knowledge and experience
Minimum of a Master’s degree in economics, law, international affairs, finance, business or engineering or any other relevant field; or an equivalent combination of education and experience;
Experience with innovative finance, particularly concessional resources, in meeting the Sustainable Development Goals (SGDs);
Proven quantitative and qualitative analytical and problem solving skills (experience in treasury, corporate finance, risk management, or accounting would be pluses);
A minimum of five (5) years for the PL-5 positions and six (6) years for the PL-4 positions of relevant experience including in resource mobilization, project development and implementation preferably across public, private and/or non-profit sectors along with established operational track record in achieving results; (fundraising with international, public and private sector a major plus);
Proven ability to take initiative, innovate, adapt and make smart decisions; to create, apply, and share knowledge; to share expertise and learning; to develop self and others; to expand networks; to collaborate within teams and across boundaries; to be inclusive and exhibit good corporate citizenship.
Superior written and verbal communication skills in English and/or French (with a working-knowledge of the other language) including the ability to synthesize complex issues into effective written and oral briefs to diverse audiences;
Ability to apply a practical approach to problem solving, produce high quality work outputs, effectively prioritize, and adaptation skills at times of competing and unexpected demands;
Proven interpersonal, relationship building and diplomatic skills as well as a high degree of discretion and tact necessary to effectively maintain good relationships with partner countries and the Bank shareholders;
Proven ability to identify and provide sound advice on policy and financial issues, setting priorities and weighing tradeoffs;
Competence in the use of Bank standard software (Word, Excel, PowerPoint)
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