Jobs at Trade and Development Bank (TDB)

Job Summary

The TDB Academy established in 2018, is the capacity building arm of TDB Group. The strategic purpose of the Academy is to engage in efforts to identify talent and create sustainable training programs to develop capacity for the staff, member states and institutional partners of TDB Group.

 Under the direct supervision of the Officer in Charge of TDB Academy, the Senior Research Officer will be responsible for the development and coordination of the Research and Strategic Studies (RSS) pillar of the TDB Academy.

Main Responsibilities

The duties and responsibilities of the role include but are not limited to:

1. Initiate and co-ordinate  the establishment of the Research and Strategic Studies pillar of the Academy and implementation of the Academy’s strategic plans in regard to research and thought leadership.
2. Assist the team in the preparation of relevant economic papers specific to the Group and its various functions (for example trade & regional integration, infrastructure development, trade finance, and macroeconomic development) etc.
3. Develop a periodical series (white papers, policy reports, economic bulletins) to share internally and externally.
4. Identification of external knowledge contributors to build and maintain strategic partnerships in relation to the Group’s mandate and activities in the region and globally.
5. Develop and manage country profiles of the member states summarizing economic trends, economic & currency risk, balance of payments performance etc and how these impact opportunities for the Group.
6. Establish/subscribe & maintain relevant information databases for use by Group staff.
7. Assist in the compilation and analysis of relevant information for quarterly or annual reports.
8. Research & prepare talking points for members of the Executive Management Board.
9. Assist in the conduct of impact assessments of TDB Group projects in the Member States and the region.
10. Support efforts to identify new partnerships for resourcing.
11. Build effective collaborative relationships with relevant global and regional research institutions.
12. Promote a culture of research and academic excellence within the Group

Qualifications and Competencies

1. A Master’s degree in Economics, Applied Econometrics, Business Administration, Commerce, or related field with relevant professional training as added advantage.
2. A minimum of ten (10) years of relevant professional experience in research, preferably in research-oriented institutes. 
3. Relevant experience in statistical analysis, data collection and synchronization, and professional experience in academia/think tanks.
4. Proven record in the publication of relevant articles in publications and journals on the topics of development finance, trade finance, and regional integration.
5. Knowledge of qualitative and quantitative research methods to analyze the Academy’s benchmarks, performance, and output.
6. Ability to navigate between competing priorities and to deliver on strict timelines
7. Demonstrated ability to work in high performance,  multi-cultural environment. 
8. Excellent interpersonal, presentation and general communications skills.
9. Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages would be an added advantage.

Interested and qualified candidates should express their interest by submitting their applications by 20 March 2022.

go to method of application »

Job Summary

The Agency Operations Unit (acting as the appointed facility agent for all syndicated loans arranged by the Bank), manages all syndicated loan administration and monitoring activities, covering the pre-funding, funding and transaction lifecycle phases, on behalf of all syndicate lenders. The Unit also coordinates all secondary trade back-office processing (buying and selling on of loans behalf of all syndicate lenders), and administers syndicated loans arranged by the Bank, offering comprehensive Facility Agency and Security Trustee services on such facilities.

Reporting to the Head Agency Operations Unit, the Portfolio Administrator will support the Unit Head to ensure efficient maintenance of a portfolio of Par/Distressed loan trades, bonds and other assets from trade date through to settlement.  The incumbent will be responsible for day-to-day trade processing and settlement functions, providing effective client service ensuring that trades get to the right client and to the right account, at the right time, and cover the full spectrum of financial products, from bonds and equities to swaps and options.

Duties and Responsibilities

The duties and responsibilities of the rule include but are not limited to:

1. Manage the full portfolio of Par/distressed loans and bonds
2. Draft, review and  negotiated Par/distressed trade documents: trade confirmations, transfer certificates, sub-participation agreements, multi-lateral netting agreements and funding memos, purchase and sale agreements and distressed trade claim documentation
3. Liase with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents satisfy procedural and audit requirements in respect of PAR trading and are for a smooth settlement
4. Ensure that Traders are updated in banks systems WSO Web / WSO Administrator in accordance with the Bank's procedures to accurately reflect underwriting exposure outstanding to settle
5. Close liaison with the Treasury/FMD teams to instruct the settlement of trades ensuring they are settled quickly and efficiently
6. Monitor positions to ensure the trade and settled positions are reconciled at all times
7. Work alongside the Compliance Team to ensure all pre-trade due diligence and KYC internal checks are complete prior to trade settlements
8. Keep the Asset Management Team informed of potential issues with trade settlements
9. Resolution of long outstanding trades, take action to actively close
10. Ensure that all queries both internal and external are responded to in a timely manner, seeking guidance where required
11. Liaise with system vendors (IHS Markit) to provide solutions and resolve issues

Qualifications and Competencies

1. A Master's degree in Business Administration, Banking, Finance, Accounting or Economics.
2. A minimum of 5-8 years of relevant professional experience and proven track record in Portfolio Administration in a Commercial / Development Banking or Financial Institution environment
3. Working knowledge of WSO Web, WSO Administrator, iLevel, ClearPar, LMA and LSTA documentation and procedures
4. Demonstrated analytical skills; strong working knowledge of fundamental financial/accounting/business concepts; and a strong, proactive interest in learning and mastering new concepts
5. A self-starter with the ability to operate across numerous workstreams concurrently and manage the expectations of the various stakeholders
6. Organized, able to work under pressure and within tight deadlines: Ability to prioritize and complete tasks while providing close attention to detail
7. Ability to maintain professional approach towards clients internal and external, assisting as and when required
8. Ability to work effectively independently as well as in a team
9. Strong Microsoft Excel, Word and IT skills. Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools
10. Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages would be an added advantage.

Interested and qualified candidates should express their interest by submitting their applications by 23 March 2022 (extended deadline).

go to method of application »

Job Summary

Reporting to the Executive, Portfolio Management or designate, this position is responsible for the overall management of clients in distress on behalf of the Bank and other stakeholders. The position handles insolvency cases including management of dormant receiverships and providing linkages between external insolvency practitioners and the Bank e.g., receivers and managers, liquidators, provisional liquidators, statutory managers, administrators, administrative receivers.

Further, the Portfolio Management Officer provides support to the day-to-day credit operations in respect of distressed accounts or those accounts depicting early warning signals in close consultation with respective Portfolio Management Officers and working closely with the Work-Out Unit.

Main Responsibilities

The duties and responsibilities of the role include but are not limited to:

1. Supervise and co-ordinate the activities of any insolvency proceedings by putting in place reporting mechanisms that would allow proper oversight without unduly exposing the Bank.
2. Provide overall management for dormant receiverships under the in-house insolvency practitioner by use of structures and control mechanisms that ensure Bank assets are preserved.
3. Review the status of each distressed client company and make recommendations with a view to ensuring cost effectiveness and identification/set up of appropriate management information systems to inform decision making by management.
4. Support other Portfolio Management Officers with respect to management of any accounts facing performance and/or debt service challenges.
5. Develop and implement budgets for recoveries to ensure that all operations and activities run smoothly as scheduled.
6. Prepare an annual work plan indicating all the distressed accounts, both Non-Performing and written-off Loans, with forecasts on collections and recoveries for management decision making.
7. Carry out pre-insolvency studies and advise management on the nature of insolvency proceedings.
8. Determine resource requirements for the insolvency proceedings to ensure efficiency and cost effectiveness.
9. Ensure compliance with legal requirements to minimize risks and penalties.
10. Manage court cases and out of court settlement arrangement to protects the Bank's interest and achieve recoveries from accounts under litigation.
11. Perform other duties and responsibilities as may be delegated to ensure smooth and efficient running of the Department.

Qualifications and Competencies

1. A Master's degree in Business Administration, Finance, Commerce, Economics, Accounting, Law or related field from a recognized university.
2. Professional legal or accounting qualification e.g., a Chartered Accountant, a Certified Public Accountant, or an advocate.
3. Membership of a recognized professional body.
4. A minimum of 5-8 years of relevant professional experience and proven track record in Commercial / Development Banking or Financial institution environment.
5. Prior professional experience (at least 2 years) in corporate or project or trade financing, including investment banking, or business consulting in emerging market/Sub-Saharan Africa.
6. Appropriate/Extensive/Relevant knowledge of legal and regulatory environment in member countries.
7. Team player with the ability to work in different environments and with culturally diverse teams.
8. Ability to work flexibly on a range of assignments and still deliver top quality work while meeting tight deadlines.
9. Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages (French or Portuguese) would be an added advantage.

Interested and qualified candidates should express their interest by submitting their applications by 20 March 2022.