Job Vacancy at African Development Bank (AfDB) for Senior Syndication Officer

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction. The Bank Group achieves this objective by:

• mobilizing and allocating resources for investment in RMCs; and


• providing policy advice and technical assistance to support development efforts.

One of our greatest assets is our diversity and we are bound by shared values, committed to our mission and proud to be a leading development finance institution on the continent. While our size and range of business activities mean we have many different kinds of jobs and working environments, you will find the most important things that make us who we are right across our organization.

The following vacancy exists:

Job Title: Senior Syndication Officer - Private Sector and Micro-finance Department

Duties and responsibilities

Under the supervision of the Division Manager and with guidance from the Lead Syndication Officer, the incumbent’s duties and responsibilities will include :

• Assist IOs in the preparation presentation of proposals and mandate letters to clients,


• Emphasise the benefits of syndication and co-financing;


• Build a network of working relationships with  the widest possible group of commercial co-financiers, using contacts through working on operations, AFP meetings, conferences, etc.;


• Execute increasingly substantial aspects of the A/B-loan co-financings and Development Finance Institution (DFI) syndications;


• Perform market soundings and provide risk appetite feedback to OPSM management for their consideration of all private sector facilities.


• Support the development of risk mitigation products, including guarantees.

Selection Criteria

Including desirable skills, knowledge and experience

• A minimum of a Master’s degree in Business Administration, Finance, Economics, Management or other relevant fields;


• Preferably un minimum of 5 years’ banking experience including credit training or relevant skills within the Bank or other relevant institution;


• Familiarity with market practice, banking law and a wide range of industries and financial products;


• Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language;


• Ability to work under time pressure;


• Strong organizational, administrative, negotiation, marketing and presentation skills; and


• Ability to build working relationships (internal and external).

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