The East African Development Bank (EADB) is a development finance institution whose mandate is to promote sustainable development in its Member States. The Bank’s shareholders are Kenya, Uganda, Tanzania and Rwanda. Other shareholders include the African Development Bank (AfDB), the Netherlands Development Finance Company (FMO), German Investment and Development Company (DEG) and other international financial institutions.
The Bank seeks to recruit competent, professional, experienced individuals committed to the development of East Africa to fill the following positions:
Job Title: Project Finance, Trade Finance and Structured Finance Specialists
(3 Positions – Tenure: Up to 3 years)
Scope
The Project Finance, Trade Finance and Structured Finance Specialists will be responsible for developing and implementing a trade finance development programme that allows the EADB to realize its objectives and achieve growth targets. The Specialists will be required to ensure that optimal risk management procedures and processes are in place and are being implemented.
Specific duties will include the following:
- Identify opportunities for risk participation and take action to turn such opportunities into concrete business transactions;
- Support the development of an appropriate risk distribution model that safeguards the bank against trading losses, whilst optimizing revenue;
- Develop trade finance products that are operationally efficient, responsive to market dynamics and are in keeping with institutional objectives;
- Establish relationships and maintain active contact with local and international banks active in trade finance;
- Research the inter-bank market and trade transactions risk premiums to determine pricing and manage risks in the portfolio;
- Undertake due diligence appraisals of issuing banks and prospective clients to identify solutions for trade finance;
- Respond under tight deadlines to requests for trade finance support by structuring, negotiating and completing transactions; and
- Plan and design, training, programmes, marketing activities and road-shows for the Bank’s trade finance related activities.
Minimum Qualifications and Experience
- Bachelors Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in a related field;
- Relevant postgraduate degree in Business, Finance, Accounting or related fields;
- High level of structuring and credit analysis skills;
- Minimum of five years at as a manager of a Trade Finance Unit or department with a bank and possession of demonstrable capacity for leadership;
- Experience of risk management in relation to trade finance, commodity finance, cash-flow based lending and/or and treasury operations are required;
- Proven track record and substantive experience in concluding major transactions, including import loans, ECA, pre-export finance and structured receivables financing; applying expertise in analyzing complex and unusual transactions;
- Ability to deal sensitively in multi-cultural environments and build effective working relations and colleagues;
- Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;
- Experience of working with a large financial institution, or multilateral organization is required; and
- International exposure will be an added advantage;
Requirements for all positions
- Have a clear understanding and commitment to the Bank’s mandate;
- Flexibility and willingness to travel, work and to relocate within East Africa;
- Diligent and able to work with minimum supervision in multinational and multicultural environment;
- Ability and willingness to work long hours and deliver on assignments within short deadlines and to perform other duties that may be assigned to him/her;
- Applicants must be nationals of one of the Member States of the Bank.
If your career aspirations match these challenging and exciting roles, please email your application quoting the relevant job title by 27th August 2010 to Executive Selection Division, KPMG Uganda at the following email address: esd@kpmg.co.ug.
Please attach your CV containing an e-mail address, daytime telephone contact, qualifications, experience, present position, names and addresses of three referees. All applications should be sent via email.
Applicants should be nationals of the EADB member states. Only short listed applicants will be contacted. The Bank reserves the right to make an alternative offer or no offer at all.You can also visit www.kenyanvacancies.com for more jobs
