Senior Investment Officer Job at African Development Bank Group - AfDB

Job Title: Senior Investment Officer

Division: Investment & Trading Room

Grade: PL-5

Reference: ADB/12/073

Company: African Development Bank Group – AfDB

Objectives:

The role of the Investments Division is to manage all the Bank Group’s Treasury assets with the objective of capital preservation, profitability and liquidity maintenance in accordance with the Bank Group’s specific investment guidelines. Currently, the Bank Group manages approximately USD 17 Billion of funds mainly in the SDR component currencies (US dollar, Japanese Yen, Pounds Sterling and Euro) and ZAR for several entities and accounts such as: the African Development Bank (ADB), the African Development Fund (ADF), the Nigeria Trust Fund (NTF), the Heavily Indebted Poor Countries (HIPC) Initiative etc.

Duties and responsibilities:

Under the supervision of the Division Manager, FTRY.3, the incumbent will carry out the following functions:

•   Participate in the management of the Bank’s assets versus a specific benchmark or fixed liability schedule with the objective of capital preservation, profitability and liquidity maintenance in accordance with the Investment Guidelines of the specific fund;

•   Determine the optimal asset allocation to maximise risk-adjusted returns through the identification and recommendation of investment products and trading strategies;

•   Assist in the execution of FX transactions and money market management;

•   Conduct scenario analysis and stress testing of investment proposals and strategies;

•   Perform credit analysis on financial institutions and asset backed securities (ABS/MBS);

•   Provide periodic oral and written reports to management on capital and credit market developments;

•   Participate in the review of the Bank Group’s investment management framework, financial policies, guidelines, benchmarks and procedures;

•   Monitor political, economic and market developments and assess their implication for the Bank’s assets and investment strategy

•   Prepares monthly and quarterly ALCO reports presenting performance results and market developments

•   Maintain and manages professional relationships with investment community, dealer counterparties, central banks

•   Provide advisory services and technical assistance to African Central Banks and other financial institutions on fixed income investment management;

Desirable Skills, Knowledge and Experience:

•   At least a Master’s degree in Finance, Economics or Statistics or related disciplines; a professional qualification in one of these fields is an added advantage;

•   A minimum of five (5) years of relevant and practical experience in International Capital Markets, with a particular focus on fixed income portfolio management;

•   Strong knowledge and understanding of financial instruments, particularly, bonds, ABS, MBS, derivatives, structured products and risk management concepts;

•   Proven credit analysis and financial modelling skills;

•   Ability to pre-empt market movements, with good forecasting capabilities and techniques

•   Experience in dealing in fast paced environment and under stress;

•   Familiarity with Treasury systems such as Reuters Dealing, Summit, Numerix and Bloomberg add-ins;

•   Ability to work as a team player with excellent interpersonal skills;

•   Command of standard computer software applications;

•   Communicate and write effectively in French and/or English, with a good working knowledge of the other language.

Application Link: AfDB Job Portal

Deadline: 04 May 2012.

Senior Investment Officer Job