African Development Bank Seeks Division Manager for Syndications and Co-financing
The African Development Bank (AfDB) has opened up a career opportunity for an experienced finance professional to spearhead its Division Manager - Syndications and Co-financing (FIST1) position in Abidjan, Ivory Coast. The Division Manager will play a pivotal role within the institution, tasked with directing and managing syndications, co-financing arrangements, and similar collaborative funding mechanisms that are crucial for AfDB's mission to stimulate sustainable economic development and social progress on the continent.
Role and Responsibilities
The Division Manager will be responsible for the strategic planning and execution of syndications and co-financing operations, involving structured financial solutions that mobilize resources from other financial entities. These operations require meticulous coordination with internal and external stakeholders, as well as insightful financial analysis to ensure the bank's interests are safeguarded while promoting development financing.
Qualifications and Experience
Candidates are expected to carry significant experience in financial markets, investment banking, or a related field, demonstrating a seasoned capacity to manage complex financial arrangements. A deep understanding of syndicated loans, co-financing partnerships, and other derivative structures is essential for this role. Moreover, the ideal candidate should have a track record of leading teams and driving financial operations to fruition within a major banking or financial institution.
Professionals aiming to contribute to Africa's economic landscape by nurturing partnerships and leveraging financial tools for development will find this role both challenging and rewarding. The individual who secures this position will not only influence the operations of the AfDB but also the broader trajectory of development finance across the continent.
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