Portfolio Manager Job at East African Development Bank (EADB)

Job
Reference Number:

EADB/PM/2013
Job
Title:
 Portfolio
Manager
Organisation:
East African Development
Bank
Duty
Station:
Kampala, Uganda
Reports
to:
Head of Operations
Job
Summary:
The Portfolio
Manager will be responsible for ensuring that the Bank realizes expected return
on investment by taking charge of the implementation and supervision activities
of the project cycle. The job holder  is
responsible for designing policies and tools to monitor performance of active
projects and where applicable offer technical guidance to ensure that projects
meet targeted time, quality and business objectives.
Key
Duties and Responsibilities:
  • Receive
    approved projects from the Appraisal Manager and oversee implementation
    and supervision activities.
  • In
    liaison with the legal department, participate in the preparation of post
    approval documentation and registration of securities.
  • Make
    certain that disbursements are in line with the approved policies to
    protect EADB’s investment.
  • Guide
    the Portfolio team in providing technical assistance and advisory services
    to internal (investment officers) and external (project managers) to ensure
    that projects meet time, quality and budget targets.
  • Monitor
    progress of implementation and ensure that implementation is in line with
    the approved timetable and budgets.
  • Table
    supervision reports to PROCO/ MAC for action/ advice.
  • Prepare
    project completion reports on completion of implementation.
  • Evaluate
    supervision reports and troubleshoot any problems detected. Carryout
    periodic sample based rapid portfolio reviews and stress tests as an early
    problem loan identification mechanism; Provide solutions to pre-empt
    problems in the portfolio.
  • Take
    steps to proactively mitigate project portfolio risk and ensure
    stakeholders clearly understand what risks will or will not be mitigated
  • Take
    responsibility and accountability for debt collection. In liaison with the
    Finance department, follow up repayments, account reconciliations and
    billings by reviewing financial reports and where anomalies are
    identified, propose immediate remedies.
  • Report
    and manage overall project portfolio, communicate status to project
    stakeholders, take responsibility for end-to-end solution delivery,
    ensuring timely delivery of high quality project deliverables through
    effective team communications and focus on quality.
  • Carry
    out portfolio analysis to establish the quality of the Bank’s portfolio
    and propose change recommendations. Identify projects or clients showing
    signs of stress, delinquency or deteriorating credit rating and propose
    remedies or transfer primary responsibility for managing the projects to
    the Workout Unit;
  • Research
    and keep abreast with market movement, financial/ economic policies and
    trends in the region, analyze their impact to the Bank’s investments and
    propose interventions to management in time.
  • Produce
    bi-weekly, monthly, quarterly and annual loan portfolio reports for review
    by PROCO/ Management. Monitor and report on repayments, and where
    necessary participate in loan rescheduling processes.
  • Develop
    and/ or review disbursement policies and project supervision guidelines
    advise management on changes needed in view of the changing operating
    environment and ensure implementation of the same.
  • Perform
    any other tasks assigned Management.
     
Qualifications,
Skills & Experience:
  • The
    applicant should possess a Bachelor’s degree in Commerce, Engineering,
    Banking, Finance, Business Administration or other relevant degree on a
    full-time programme from a recognised university.
  • A
    Master’s degree in Finance, Business Administration, Development Studies,
    Engineering or any related field from a recognised university.
  • Professional
    qualifications in a related field (e.g. CFA, ACCA, CPA, ACIB).
  • A
    minimum of  ten (10) years’
    experience in project cycle management with specific competences in
    project finance, structuring and negotiation, project appraisal and
    supervision in a commercial, merchant, or development banking environment.
  • At
    least seven (7) years’ experience in a senior management role in a major
    banking institution.
  • Excellent
    analytical skills in particular financial modelling skills.
  • Profound,
    practical hands on structuring experience earned through the development
    of large projects in infrastructure and industry.
  • Extensive
    knowledge of project cycle management (project analysis, monitoring and
    evaluation).
  • Clean
    record of service in the banking industry with specific expertise in
    project planning and credit management.
  • Superior
    business management and negotiation skills.
  • Strategic
    leadership skills with demonstrated ability to drive a team to execute and
    deliver business objectives.
  • Strong
    decision-making, conflict resolution and problem solving skills.
  • Logical
    and conceptual thinking, Business acumen and results orientation, Excellent
    communications skills (oral, written and formal presentations), Networking
    skills, tact and diplomacy.
  • Ability
    influence at senior government levels (national, regional and
    international).
  • Organisational
    awareness and commitment.
     
How
to Apply:
All prospective candidates
with aspirations of working with the East African Development Bank should write
to us in confidence quoting the position title on the subject of the email or
cover letter. The complete applications should include a curriculum vitae, a
working e-mail address, daytime telephone contacts, qualifications, experience,
present position, current remuneration, names and addresses of three referees which
should be sent via E-mail only to: esdeadb@kpmg.co.ke. Applicants for all
positions must be nationals of the EADB Member States except where expressly
indicated.
Applicants will be required to address the following information directly to
KPMG:
  • A
    reference letter from their immediate past employer.
  • A
    character reference from an individual who has known the applicant for at
    least 3 years.
NB: The EADB reserves the right not to offer
or make any appointments, and to offer and make appointments on other terms and
conditions. Successful candidates should be ready to assume duty before 1
October 2013. Only contact applicants being considered for an interview.
Deadline:
22nd July, 2013
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