6 Positions at Development Bank of Rwanda (BRD): (Deadline 27 August 2021)

Job Title:  AFIRR – Investment Officer

Current Grade: JG 6

Divisions: SPIU

Duo Reports to: Functionally to the Investment Manager – Manufacturing & Exports Portfolio

                                   AFIRR – Project Coordinator

Direct Report: N/A

Indirect Reports: N/A

2.      Contract Terms – Open Ended Contract

3.      Purpose of the Job

The purpose of the job is to originate viable projects in line with the project development objectives and eligibility criteria, appraise them and present them to relevant committees for review, examination and approval for financing.

4.      Main Responsibilities of the Job

• Pipeline creation through Identification of new projects in line with project objectives and targeted eligible beneficiaries including participating financial institutions (PFIs) through visit, government agencies and other selling avenues to increase absorption of the project funds
• Provide advice and guidance to potential clients/PFIs on their business proposals to mitigate financing risks and increase the bankability thereof.
• Collect the required project data and information through approaching the client/PFIs and other relevant stakeholders to enable the analysis of projects submitted to the bank timely.
• Issue indicative term sheet to the promoters for their signature detailing indicative terms and conditions of the facility and proceed with appraisal.
• Appraise project proposals from borrowers and prepare the appraisal reports to the relevant Bank organs for their review and approval.
• Ensure project underwriting of the respective projects is conducted in accordance with the project implementation manual and the World Bank fiduciary and safeguards policies and regulations
•  Prepare notification letters for borrowers whose loan requests have been approved detailing all the necessary conditions precedent to signing facility agreement and disbursement.
•  Collect data on financed projects to facilitate the social economic impact assessment to be reported to stakeholders (post approval).
• To identify and initiate proposals for new facilities or facility modifications in order to grow a healthy portfolio.
• To undertake the pre-appraisal analysis for credit proposals and carry out onsite visits of projects at pre-appraisal stage to assess the project viability.
• To organize deal forum meetings with credit risk and legal departments to discuss credit proposals and seek their technical inputs.
• To collect the required project data and information to enable the detailed appraisal and to advice, guide potential clients on their business proposals to mitigate risks.
• To undertake detailed appraisal for approved proposals and present them to the banks’ approval authority.
•  To collect M&E data while assessing projects that will facilitate the social economic impact assessment to be reported to stakeholders (during appraisal).
• To liaise with credit documentation and legal department for loan documentation (term sheet, notification, facility agreement, etc.) drafting and distribute it to the promoters for their signature.
•  To ensure at all time adherence to the Bank’s turnaround time standards for processing credit applications, to all the Bank Policies and Procedures the Credit Policy, the internal code of conducts, the latest market best practices and all banking laws and regulations applicable.
•  To handle client inquiries throughout the loans’ appraisal and approval process (from initiation to the first disbursement).
• To resolve client queries and complaints to maintain quality service delivery standards.
• To carry on any other assignment delegated by the line managers or the Management of the Bank.

5.      Performance indicators

• Active pipeline of projects to benefit from the project
• Disbursements made to eligible project beneficiaries
• Number of firms supported by the project
• Volume of financial support provided to firms
• Women inclusive firms receiving financial support through the project
• Non-performing loan (NPL) ratio of project portfolio
• Social Economic Impact created i.e. jobs created, import substitution, tax generated, reduced carbon footprint etc.
•  Private capital mobilized by the project

6.      Working relationships

• All departments
• All BRD stakeholders
• Customers

7.      Professional, academic qualifications and experience

• Bachelor’s Degree in finance, Business Administration, or related field
•  A minimum of 3 (three) years in similar position in a financial institution

8.      Core competencies

• Experience with due diligence, analysis and structuring of investment/lending opportunities.
• Experience building and/or managing loan portfolio monitoring systems.
•  Familiarity with legal documentation common to debt and equity transactions.
• Demonstrated flexibility and success in rapidly changing environments.
• Demonstrated ability to design, launch and scale new projects and initiatives Financial and management reporting skills.
•  Interpersonal skills.
• Analytical skills, attention to detail, ability to work with deadlines and schedules and strong follow through capacity.
• Negotiation skills and good communication skills (written and oral) in English and Kinyarwanda. Good knowledge of French will be an added advantage.

1.      Background Information

Job Title:  Manager, Recovery

Current Grade: JG5

Department: Education Portfolio Management

Reports to: Head, Education Portfolio Management

Direct Reports:

a)      Officer, Recovery

Indirect Reports:

N/A

2.      Contract Terms – Open-ended

3.      Purpose of the Job

The purpose of the position is to develop a recovery strategy and implementing it on a day to day for ensuring efficient and effective recovery of all loans due and track all loan beneficiaries to have them pay back loaned funds to achieve the objective of self-sustainability of the fund.

4.      Main Responsibilities of the Job

• Develop a recovery strategy for the education loan portfolio, ensuring the achievement of targets on recovery in the creation of a sustainable fund
•  Develop annual action plans and activity for the recovery unit, capturing the key performance areas to be delivered against
•  Develop the policies, procedures, and processes required to effectively and efficiently recover the education loan
• Establish and maintain the relationships/partnerships required to deliver the recovery strategy
•  In consultation with the disbursements team, establish a data strategy that will support the recovery process
•  Provide input into the development of systems employed in the management of the education fund, providing the capability required to undertake effective and efficient recovery of student loans
•  Implement the Department’s operating policies and procedures in relation to recovery and other applicable activities, delivering compliance in the process
• Coordinate all core recovery activities delivering timely and quality recovery processes
• Monitor compliance by employers and loan beneficiaries, ensuring reminders on repayment is undertaken in a timely manner, and to serve penalties on defaulters
• Develop inspection tools to be used by recovery staff during the inspection exercise
• Plan and coordinate inspection exercise and train recovery staff on how to conduct inspection of employers/ Loan beneficiaries in line with repayment of study loan.
•  Review loan clearance letters after due verification for clarification of total loan vis a vis payment made
• To ensure that claims from loan beneficiaries regarding loan statements, discharge letters and refunds are responded on timely basis
• Review bills prepared by Recovery Officers for data accuracy and to minimize complaints
• Follow up on identified defaulters and advise the Department’s Management on possible solutions
•  Compile and review weekly, monthly, quarterly, and annual reports on student loan recovery for monitoring and evaluation purpose
•  Advise to BRD Management, partnering arrangements with key stakeholders (MIFOTRA, RSSB, NIDA, CRB, RRA, BANKS etc) to facilitate beneficiaries’ identification and locations
• Monitor proper filing of recovery documents to avoid loss of documents
•  Oversee data management, delivering clean system data that supports the recovery effort
• Undertake proactive coaching and development of recovery staff, ensuring the availability of competencies required to deliver the recovery strategy

5.      Performance indicators

• Availability of an approved recovery strategy, with clear implementation plans
• Achievement of recovery Annual KPIs
• Availability of clean student data that supports the recovery process
• Availability of approved policies, procedures, and processes on recoveries
•  Full compliance with the guidelines on recoveries, both internal and external
•  Timely submission of quality recovery reports to all stakeholders, both internal and external
•  A robust network of partnerships that support the recovery process, feedback from the partnerships on the quality of engagement
•   Level of automation of the recovery process against target
•  Achievement of high level of customer satisfaction on service delivery to loan beneficiaries and other stakeholders

6.      Working relationships

•  BRD staff
•  Partnerships in the education portfolio management/ Disbursement team
•  Students
•  Government institutions (MINEDUC, MINCOFIN, RISA, MIFOTRA, HEC, RRA etc.)
• HLI’S management
• External partners and associations (WB, AAHEFA, etc.)
• Relevant regulators
•  Banks, BNR, CRB

7.      Professional, academic qualifications and experience

• Master’s degree in Economics, Business Administration, Accounting and Finance with 5 years of experience at senior positions in the fields of external audit, finance or enforcement of statutory deductions (e.g., taxes, pension and medical contribution)
•  Bachelor’s degree in accounting, Finance or Economics with 10 years of experience at middle management level of the fields of external audit, finance, or enforcement of statutory deductions (e.g., taxes, pension and medical contribution)
• Sound knowledge of banking, or funds management are added advantages

8.      Core competencies

• Knowledge of Education portfolio policies and procedures
• Knowledge and understanding of recovery and enforcement process and procedures
• Positive attitude, results oriented with ability to under high pressure to delivery
• Good communication and interpersonal skills Risk Management, project implementation and appraisal skills
• Stakeholders’ relationship management
• Financial management and report writing skills
• Possessing data manipulation and analytical skills since the job requires to deal with various data with deeper analysis
•  Good customer service, since the job is primarily a customer-facing role
•  Ability to work with the team, and adaptable to any working environment
• Be flexible to carry out any other reasonable task as requested by the management

1.      Background Information

Job Title: Officer, Compliance

Current Grade: JG 6

Department: CEO ‘Office

Reports to: Manager Compliance

Direct Reports: N/A

Indirect Reports: N/A

2.      Contract Terms – Open-Ended

3.      Purpose of the Job

The purpose of the job is to identify, measure, control and manage compliance risk and ensuring the bank is in compliance with internal regulations and regulatory framework.

4.      Main Responsibilities of the Job

• Identify, assess & document internal control deficiencies and regulatory exceptions and notifies the Compliance Manager of identified areas that need improvement or correctional training
•  Carry out assessments to identify areas of potential compliance risks in order to implement preventive/corrective strategies to address compliance issues
• Ensure Implementation of the internal policies and procedures while maintaining thresholds set;
• Ensure that all required periodic returns are reviewed and submitted in the time frame required;
•  Facilitate, assess, and review internal policies and procedures to ensure they are aligned with applicable laws and regulations to protect the Bank from any non-compliance risk.
• Review and monitor changes in legislation that impact the Bank and its operations ;
• Assesses the appropriateness of the bank’s compliance procedures and guidelines, promptly follow up any identified deficiencies and where necessary, formulate proposals for remediation;
• Monitor and test compliance effectiveness by performing compliance testing/auditing.
• Produce periodic compliances report.

5.      Working relationships

• BRD All Departments

6.      Professional, academic qualifications and experience

• Minimum of a university degree in accounting, finance or related discipline;
• He/she shall have minimum experience of 5years in Banking with at least 1year in bank risk and/or compliance management;
• Attention to detail. Almost all regulations require detailed analysis, but its important to attend to the detail while maintaining a view of the big picture;
• Ability to interpret: There are very few black-and-white laws, regulations andso the ability to interpret the spirit of the laws and regulations as well as the actual language is important. Compliance staff must be able to interprete and work within confines of the laws and regulations;
• Risk assessment capabilities. The officer should be able to assess the alternatives and make  decisions based on the criticality of risk.  Compliance officer must understand the risk tolerance of the bank as well as the level of breach or likely breaches;
• Communication skills. Written and verbal communication skills are essential. The compliance officer must have the ability to communicate at all levels in the bank from front-line staff to the CEO and board of directors. Having compliance expertise adds little value if it can’t be communicated effectively.

7.      Core competencies

•  Knowledge of Banking regulatory requirements;
• Knowledge of Banking policies and procedures
• Knowledge and understanding of compliance risk management process
• Positive attitude, results oriented with ability to work under pressure to deliver
• Proficient communication and interpersonal skills in Risk and compliance Management, project implementation and appraisal skills;
•  Stakeholders’ relationship management
• Data manipulation and analytical skills since the job requires to deal with various data with deeper analysis
• Assessment and interpretation skills Be flexible to carry out any other reasonable task as requested by the management

1.      Background Information

Job Title:  AFIRR Project Coordinator

Current Grade: JG5

Division: SPIU

Reports to: Head of SPIU

Direct Reports:

a)      AFIRR – Investment Officer

b)     AFIRR – Monitoring & Evaluation Officer

Indirect Reports:

N/A

2.      Contract Terms – 5 Years Fix-Term Contract

3.      Purpose of the Job

• Responsible for day-to-day management and implementation of the Access to Finance for Recovery and Resilience Project (AFIRR) including financial management; procurement management; environmental and social risk management, institutional administration, coordination, and day-to-day execution of Project activities, monitoring and evaluation; reporting; information and communication of Project activities.
• Oversee the project compliance and adherence to the Project Implementation Manual (PIM) provisions and World Bank fiduciary and safeguards requirements.
• Ensure the successful implementation and achievement of the Project Development Objective and outcomes.
• Actively coordinate and collaborate with other project implementing agencies (Business Development Fund, Ministry of Finance, etc) and ensure effective coordination of initiatives and build partnerships with relevant stakeholders within the Government as well as with other partners.

4.      Main Responsibilities of the Job

• Coordinating activities under the project related to financial management; procurement management, monitoring and evaluation; environmental and social risk management; reporting; information and communication of project activities.
• Participate in formulation of new projects’ proposals by working closely with the business team implementing the project and external Partners to ensure the projects structuring are aligned with project development objective.
• Coordinate the management of the project resources and information in compliance with the project guiding documents.
• Coordinate the preparation of action plans, budgets and other relevant documents so as to ensure harmonization of activities across the project guiding documents, agreed schedules, timelines and budgets.
•  Interact on a regular basis with stakeholders on project activities and issues with a view of improving the project performance and achieving project intended results.
• Ensure that project resources are used most efficiently to succeed in achieving project goals.
• Solicit for regular reports on financial management of the project, procurement, M&E. aspects and Environmental & Social safeguards performance of the financed PFI’s and other borrowers.
• Ensure timely submission of reports to the World Bank and Other Partners in the required format as per Project Guiding Documents.
•   Follow up on the implementation of the technical assistance projects and business advisory services embedded in the project.
•  Supervise the preparation of regular reports on the implementation of the project and submit to the SPIU Coordinator weekly/monthly/quarterly/annual reports on the project implementation, including financial and activity reports.
•  Ensure timely collection of the required data and analyses for the development, regular update, and implementation of the Fund’s action plan.
•  Ensure regular monitoring of the PFIs and other sub-developers under the project in a timely manner to attend issues which could negatively affect their performance.
•  Closely monitor and regularly report on the achievements of results in the results framework for the project
• Preparing the project budget and procurement plan and ensuring that the budget and procurement plan are adhered to during the implementation of the Project.
• Oversee the lending process and ensure that only viable projects/clients are approved for financing.
• Provide advice and guidance to the PFIs business proposals and intentions related to the project.
• Ensure that project activity and financial reports are accurate, timely and fulfil required formats.
•  Build and maintain relationship with all stakeholders benefiting from the Project including sub-borrowers, PFI’s and other firms receiving technical assistance.
•  Follow and comply with the Project Implementation Manual and other Project Documents.
• Promote teamwork, enhance communication and timely exchange of information.
• Complete any other assignment from the Line manager or the Management of the Bank

5.      Performance indicators

• Number of firms supported by the project
• Number of women-inclusive firms supported by the project
•  Volume of financial support provided to firms
• Number of firms receiving technical assistance under the project
• Non-performing loan (NPL) ratio of project portfolio
• Impact created i.e. jobs created and multiplier effect, tax generated, etc.
•  Private capital mobilized by the project

6.      Working relationships

• All BRD departments
• All Project stakeholders

7.      Professional, academic qualifications and experience

• A Masters’ degree in Finance, Business Administration, Management, Accounting, Economics or related discipline is required.
• A professional qualification (CFA, CPA, ACCA, CIMA, PMP or other related advanced degree/certification) is an added advantage.
•  Minimum of 5 years of relevant work experience.
•  Knowledge of policies, practices, industry trends, technology and information affecting the banking industry.

8.      Core competencies

• Sound Stakeholder Management and effective interpersonal skills capable of maintaining strong relationships.
• Skilled at problem solving, developing practical solutions, and influencing key stakeholders to drive successful implementation.
• Demonstrated team leadership, organizational and managerial skills and able to supervise a team.
• Familiarity with Microsoft Office suite and strong Excel skills.
• Strong strategic mindset and critical thinking skills.
• Ability to work both independently and in a team under tight deadlines.
• Excellent reporting writing, communication and analytical skills.
•  Ability to coordinate group activities, ensuring that roles within the team are clear and properly communicated.
• An in-depth understanding of the local, regional and international financial markets.
• Negotiation skills and good communication skills (written and oral) in English and Kinyarwanda.
• Good knowledge of French will be an added advantage.

1.      Background Information

Job Title: AFIRR – Monitoring & Evaluation Officer

Current Grade: JG 6

Divisions: SPIU

Duo reports to: Functionally to the Manager, Strategy & Research

                                  AFIRR – Project Coordinator

Direct Report: N/A

Indirect Reports: N/A

2.      Contract Terms – Open Ended

3.      Purpose of the Job

The purpose of the job is to design, coordinate and implement the monitoring and evaluation of the project in line with the results framework, conduct research and learning framework of the Development Bank of Rwanda. The success in this Monitoring & Evaluation role requires experienced personnel with track record of monitoring and evaluating donor funded projects, coupled with the ability to multi-task and meet deadlines while exercising sound monitoring and evaluation of the project critical success indicators. The incumbent needs to have passion for strong work ethic, demonstrate integrity and excellent working relationship with all the project stakeholders.

4.      Main Responsibilities of the Job

• Develop the overall framework for the bank M&E, for example mid-term project review, impact assessment, final evaluation, develop project Performance Monitoring Plan with relevant data collection systems.
• Review the quality of existing data in the banks focus sectors, the methods of collecting it, and the degree to which it will provide good baseline statistics for impact evaluation.
• Develop baseline data for each sector component and for all sector indicators, Guide and coordinate the review of program log frames including: providing technical advice for the revision of performance indicators – ensuring that realistic intermediate and end-of-projects targets are defined – conducting a baseline study on monitoring and evaluation for the entire BRD SPIU funded projects and BRD own funded projects – identifying sources of data, collection methods and resources needed and related cost.
•  Follow up on the project implementation progress from sub-borrowers and Participating Financial Institutions for the Access to Finance for resilience and recovery projects and other projects implemented under BRD’s SPIU to inform the management and project stakeholders on how the project intended impact is being achieved.
•   Develop a plan for sector-related capacity-building on M&E and for any computer-based support that may be required.
• Provide guidance and technical support on the work of the Monitoring and Evaluation for the AFIRR project and other SPIU projects.
• Organize and undertake training with collaborating partners and department on M&E as required.
• Collect data on a regular basis to measure achievement against the performance indicators.
•  Maintain and administer the M&E database; analyze and aggregate findings.
• Promote a results-based approach to monitoring and evaluation, emphasizing results and impacts of projects;
• Analyze the reports on project implementation and evaluate results of projects inline with the project result framework.
•  Ensure availability of relevant data for planning and evaluate the impact of the implementation of interventions by the AFIRR and other BRD projects;
•  Furnish monitoring data to inform discussions in the AFIRR project steering committee and technical meetings, in a timely fashion in terms of implications for future actions;
•  Undertake regular visits to field to support implementation of monitoring and evaluation, check the quality of data produced, and to identify where adaptations might be needed; monitor the follow up of evaluation recommendations with the project implementation unit and other relevant departments of the BRD.
• Develop, review and update M&E strategies, guidelines/manuals, frameworks, plans and tools to support project implementation, M&E and Reporting on project interventions.
• Establish contacts and engage with M&E units with sister project implementing entities (Business Development Fund) on the monitoring and evaluation and provide reports to the project coordination unit at the Ministry of Finance and to the project stakeholders as it may be required.
•  Any other assignment from the Line manager or the Management of the Bank.

5.      Performance indicators

a)      Performance Indicators

• Quality and timely reports
• Quality and timely proposals
• Reliability of research materials

6.      Working relationships

a)      All departments

b)     All BRD stakeholders

c)      Customers

7.      Professional, academic qualifications and experience

a) Bachelor’s degree in statistics, demographics, public policy, international development, economics, social sciences, community development studies or related field

b) A minimum of three (3) years’ experience in M&E, research, or strategy development

8.      Core competencies

a) Demonstrated relevant experience in M&E of government or development partner funded programs/projects.

b) Strong quantitative and analytical skills with good knowledge of Microsoft programs, especially MS Excel.

c) Proven knowledge of market research, statistical modelling, and measurement program design, Skills in the use of a statistical analysis tools such as STATA or SPSS will be highly recommended

d) Good communication skills (written and oral) in English and Kinyarwanda. Good knowledge of French will be an advantage;

e) Strong interpersonal skills and orientation as a team member.

f)  Excellent coordination skills and experience in working with multiple groups of people simultaneously.

g) Strong quantitative skills, capable of interpreting multiple data streams and uncovering insightful conclusions.

h) Experience in designing, implementing, and operating project M&E systems from project initiation to closeout stages.

i)   Familiarity with project’s grievance mechanism and related administrative processes.

j) Excellent management of conflicts and ability to influence decision making at all levels.

k) Experience in financial analysis, marketing, operations analysis.

l)  Demonstrated project management experience.

m) Experience in analytics tools.

n) Excellent project management skills including demonstrated ability to set and manage priorities and multiple tasks.