(Local Agent) Banker
3 days ago
The _**_European Invest_**_me_**_nt Bank_**_ (EIB) is the European Union’s bank. It works in support of EU develop_me_nt and economic co-operation policies by financing invest_me_nt in both public and private sectors. EIB Global is seeking to recruit for its Global Partners Department - Africa-Public Sector Division at its regional office in Pretoria, a _**_Banker_**_, focusing mainly on Madagascar. _This is a full time position_
- The term of this contract will be 3 years based on the EIB Office in Pretoria._
**Purpose**:
As a client facing Banker, internally referred to as (Senior) Loan Officer, you will act as coordinator for EIB financing activities and carry out EIB public sector loans/investments in the assigned country in order to finance projects that support EU development and cooperation policies outside the European Union. You will take end-to-end responsibility for their identification, appraisal, negotiation, approval and follow-up up to and including disbursement.
You will maintain and foster relationships with clients and other stakeholders in the country of responsibility (Madagascar), supporting deal origination and management of the country’s portfolio.
Furthermore, you will contribute to the strategy development process for EIB public sector operations and country relations in assigned countries, in line with the Global Partners Department’s objectives and guidelines.
You will travel frequently, for an estimated minimum of 1 week per month, to the country(ies) that you are responsible for. Regular business travel (also longer-term during the training phase) to Luxembourg will be part of your job profile.
**Operating network**:
The posts covered by this recruitment campaign will be linked to the specific Unit covering operations and countries in South Africa but they may also cover any activity of the Division within its Sub-Saharan Africa business as needs dictate. The job may require you to travel to and operate within any of the countries in the region covered by the Pretoria Regional office.
You will report to a Head of Unit based in Luxembourg and for administrative and institutional matters, you will report to the Head of the Pretoria Regional Office.
**Accountabilities**:
- Participate in the establishment and development of business relations with key external parties (e.g. government representatives, promoters, companies, commercial banks, local authorities, financial institutions, other EU institutions) in order to develop the project portfolio and originate new operations, build co-operation and stay abreast of best practice
- In close coordination with other divisions in the Department, establish contact and provide information on Global Partners Department towards private sector counterparts
- Contribute to the implementation of Bank policies, propose relevant initiatives in lending and other investment operations and make suggestions towards improving key operational processes
- Provide input into the strategy development process for EIB Global operations in assigned countries, in line with the objectives and guidelines of the Bank’s External Mandates in general and for Sub-Saharan Africa in particular
- Regular reporting on activities, interactions, pipeline, country situation
**Qualifications**:
- University degree in Finance/Economics or any business related discipline
- Minimum five, ideally eight years of relevant experience in the banking, financial or development sector
- Good knowledge of financial analysis, credit risk assessment and financial modelling, or relevant experience in this field
- Good knowledge of processes and procedures related to the administration, control and monitoring of lending operations
- Relevant experience in managing multi-party stakeholder groups in complex projects
- Knowledge and work experience with the region and the specific country(ies) related to the post would be an advantage
- Good knowledge of standard computer tools
- Strong diplomatic and communication skills are essential
- Language skills required:
- Excellent knowledge of professional-level spoken and written English and French
- Knowledge of other relevant languages in the assigned country(ies) would be an asset
**Competencies**:
- Find out more about EIB core competencies _here
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