REQUEST FOR EXPRESSIONS OF INTEREST FOR ONE INDIVIDUAL CONSULTANT

AFRICAN DEVELOPMENT BANK

01 BP 1387 Abidjan 01 Cote d’Ivoire

Headquarters – Avenue Joseph Anoma, Plateau Abidjan Treasury Department- Front Office

Title of the assignment : Consultant for Treasury Department – Front Office

Brief description of the Assignment : Project coordination and management

Department issuing the request : Treasury Department

Place of assignment : Abidjan, Cote d’Ivoire

Duration of the assignment : Six months

Tentative Date of commencement : January 2022

Deadline for applications : 29th November 2021

Applications to be submitted to : Treasury Department at Treasurer.Office@afdb.org

Any     questions     and     requests     for     clarifications      may     be     sent       to : Treasurer.Office@afdb.org

Terms of Reference : please see Annex 1.

 

 

Establishment of the Shortlist: A shortlist of up to six individual consultants will be established at the end of the of period set for interested consultants to respond to the Expressions of Interest (EIO). Applicants’ submissions will be assessed based on the following criteria:

  • General qualifications and suitability for the assignment (40%) ;
  • Relevant professional experience related to the assignment (20%) ;
  • Experience with multilateral development banks, international development agencies, and/or top tier asset management entities and commercial banks (15%) ;
  • Report(s) drafting skills (15%) ;
  • Language capabilities (10%)

Please attach updated Curriculum Vitae on the basis of the template provided in Annex 2.

Annex 1

Terms of Reference for the recruitment of a Consultant in Treasury Department

 

  1. Introduction / Background

The African Development Bank (“AfDB”) is a regional multilateral development bank whose shareholders include the 54 countries in Africa and 27 non-African countries from the Americas, Asia and Europe. The Bank was established in 1964 with its headquarters in Abidjan Cote d’Ivoire. The Bank’s primary objective is to promote the economic development and social progress of its regional member countries, individually and jointly. The central goal of the Bank’s activities is promoting sustainable growth and reducing poverty in Africa. The Bank thus finances a broad range of development projects and programs.

The AfDB provides financial assistance to its member countries using resources primarily raised in the capital markets. The activities of the Treasury Department as in any organization are critical to the effective functioning of the Bank as it strives to fulfil the vision of its Ten Year Strategy 2013-2022, and its current focus on accelerating the Bank’s High 5 priority areas with view to accelerating Africa’s growth and transformation. The Treasury Department is responsible for raising funds from capital markets, managing and investing the Bank’s liquidity and shareholders’ funds, processing and settling all financial transactions and managing the institution’s banking relationships. The Bank is rated triple A by the major rating agencies. The Bank’s high credit rating is underpinned by conservative prudential financial policies such as maintaining substantial holdings of liquid assets.

 

  1. Objectives of the Assignment :

The Treasury Department is looking for a senior-level consultant that will be responsible for a series of assignments related to the development and implementation of strategic projects, such as libor transition, hybrid capital, alternative fund raising initiatives and reengineering of the Department’s processes.

The consultant will work under the guidance of the Director of Treasury Department to ensure timely implementation of projects, policies reviews and coordinate activities of the Department with other entities of the Bank Group.

 

  1. Main activities and deliverables :

Primary responsibilities will include the following activities :

  1. Coordinate the Treasury Department’s contribution(s) to the formulation / review and implementation of the Bank Group strategic plans and activities ;
  2. Advise on development and updates related to best practices in terms of policies, guidelines and procedures ;
  3. Draft and/or review speeches, notes and analytical reports ;
  4. Ensures technical reviews and analysis on finance related matters ;
  5. Provide technical support during meetings with internal and external parties, taking minutes and preparing summary notes to facilitate follow up and implementation of decisions ;
  6. Provide innovative, creative and strategic thinking to help formulate appropriate actions and or strategies to influence, persuade or support Senior Management ;
  7. Provide comments on papers, notes or Board documents ;
  8. Cultivate collaborative relationships with the Division Managers as well as Treasury Officers within the Department ;
  9. Undertake other assignments as needed or assigned.

 

  1. Administration/reporting :

The consultant will report to the Director of the Treasury Department.

 

  1. Duration of the assignment :

The estimated duration of services is 6 months, potentially renewable.

 

  1. Qualifications and Experience required :

The consultant should possess strong quantitative and analytical skills, have a solid academic and practical understanding of finance and treasury activities, and should be committed to the social and economic development of countries in Africa.

Eligibility criteria for the recruitment are :

  • Be a national of one of the member countries of the Bank ;
  • At least a master’s degree(s) in a relevant field of study, such as economic, finance, quantitative finance, financial mathematics or financial engineering ;
  • Ten years of relevant professional experience, preferably with responsibilities in the area of investment management or international debt capital markets ;
  • Substantial knowledge and experience across a wide array of business, policy and operational topics associated with credit rating methodologies, financial risk management, accounting, portfolio management, financial products, as well as a strong understanding of front, middle, and back office aspects of a well-functioning Treasury Department ;
  • Good knowledge of Multilateral Development Banks’ role, challenges and opportunities ;
  • Proven ability to manage multiple tasks and lead multiple projects simultaneously and concurrently ;
  • Ability to work under strong pressure ;
  • Excellent and proven writing skills in English and/ or French, as well as the verbal skills to communicate complex and technical issues in simple terms ;
  • High degree of self-motivation, a positive attitude, and the ability to lead and collaborate in a team-based, multi-cultural work environment ;
  • Professional experience with multilateral development banks, international development agencies, and/or top tier asset management entities and commercial banks ;
  • Work with integrity and abide to the highest ethical standards ;
  • Competent in the use of Bank’s standard software (Word, Excel, Access, PowerPoint, and web tools).

 

  1. Remuneration :

Remuneration of the consultant will be a function of the consultant’s experience in accordance with the Bank’s procurement guidelines.

Please attach an updated Curriculum vitae on the basis of the template attached.

Qualified experienced Individual Consultants should indicate their interest in providing the above-described services. Interested eligible individual consultants should provide information on their qualifications and experience demonstrating their ability to undertake this assignment (CV, documentation, references for similar services, experience in comparable assignments, etc.).

The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Rules and Procedure for the Use of Corporate Consultants. Please, note that interest expressed by a Consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist.

Annex 2 :

MODEL CURRICULUM VITAE – AFDB BAD PDF

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