Background
Established in 1985, the Eastern and Southern African Trade and Development Bank (TDB Group) is a multilateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 8 billion.
TDB Group currently serves 25 economies in eastern, southern, and western Africa regions, with the mandate to foster trade, regional economic integration, and sustainable development. For more information, visit www.tdbgroup.org
TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB’s member states are therefore invited to apply for the subject position.
Job Summary
This position is responsible for the structuring and execution of Export Credit Agency (ECA) supported equipment finance and project finance transactions under the guidance of the Head of the ECA Finance Unit.
Responsibilities
The ECA Finance Officer performs the following duties:
- Handle Export Credit Agency (ECA) Finance applications and approval processes and support the selection of ECA arranger banks.
- Prepare transactions teasers and presentations to facilitate securing of financing from ECAs and ECA-covered international commercial banks.
- Lead and/or participate in negotiating and executing funding arrangements with the Bank’s ECA partners and ECA-covered international commercial banks.
- Work closely with the Bank’s origintation teams (Trade Finance, Project and Infrastructure Finance, Portfolio Management, and Coverage), Treasury, Finance, Legal and Credit Risk Management (Compliance) teams and participate in due diligence missions (when necessary) to facilitate utilization of ECA facilities.
- Provide feedback to the Bank’s origination teams on potential ECA funding sources.
- Establish and maintain a network of ECAs, international commercial banks, multilateral financial and other relevant agencies, national development financial institutions, credit insurance companies.
- Coordinate relations with the Bank’s ECA partners and ECA-covered international commercial banks, multilateral financial and other relevant agencies, and national development financial institutions.
- Cooperate with client’s relevant departments, such as finance and procurement, to contribute to the development of a project or relevant finance structure suitable for ECA finance.
Duty Station
The duty station will be Nairobi, Kenya.
Qualifications and Competencies
- A Master’s degree in Business Administration, Accounting, Banking, Finance, Economics, or related field.
- A professional qualification/certification in relevant field would be an added advantage.
- A minimum of 5 – 8 years of relevant professional experience and proven track record in a Commercial/ Development Banking or Financial institution environment with sound knowledge of financing programs of ECAs.
- Strong accounting, credit and financial analysis skills and financial modelling experience.
- Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports.
- Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and manage client relationships.
- Proficiency in the use of computer programs including MS Office applications.
- Fluency in English is a requirement. Knowledge of TDB Group’s other working language (French) would be an added advantage.
Application Procedure
Interested and qualified candidates should express their interest by submitting their applications by 5 July 2024.
Application package should include a resume, cover letter, academic and professional certificates, full contact address and the names and addresses of three referees.
Please note that only shortlisted candidates will be contacted for further processing. TDB is an equal opportunities employer. Female candidates are strongly encouraged to apply.